Author: troyashbacher

Given that the pace of technological change is often swift, regulatory bodies often struggle to keep regulations up to date amidst a rapidly changing landscape. In the past couple years, the rapid increase in investment adviser use of Artificial Intelligence (AI)-powered tools has presented a challenge to regulators in attempting to ensure (among other priorities) that client data remains secure while allowing advisers to use this technology to offer better client service. Which has left many open questions as to advisers’ responsibilities under relevant regulations when it comes to the use of AI. In this guest post, Chris Stanley, founder…

(Image credit: Getty Images)Stocks rallied hard to start Wednesday, but the enthusiasm quickly faded as market participants looked ahead to tonight’s highly anticipated earnings report from Nvidia and tomorrow morning’s delayed release of the September jobs report.At the close, the broader S&P 500 was 0.4% higher at 6,642 and the blue chip Dow Jones Industrial Average had added 0.1% to 46,138 – snapping their four-day losing streaks – while the tech-heavy Nasdaq Composite was up 0.6% at 22,564.Nvidia’s third-quarter results and forward guidance will give Wall Street a better read on demand for artificial intelligence chips, particularly amid growing concerns…

A new KFF/New York Times Survey of Immigrants reveals deepening anxiety and fear among immigrants of all statuses amid the Trump administration’s intensified immigration enforcement and restrictive policies. The survey paints a portrait of families under strain—where fear of detention and economic instability are negatively impacting immigrants’ health and reshaping immigrant families’ daily lives and views of U.S. political parties. The partnership survey builds on KFF’s groundbreaking work surveying immigrants over the past few years, including a 2023 survey in partnership with the Los Angeles Times,  a 2024 survey  during the presidential election cycle, and a survey earlier this year…

This four piece set from Londtontown is on sale for $29 right now.  That is already a fantastic price for four of these polishes as they are typically about $20 each.   You can use coupon code HSN2025 if you are new to HSN shopping and save $10 plus get free shipping.  That brings the price to $19 or $4.75 per polish.   Click here to take a look.

High-yield savings account and one-year CD rates were unchanged from yesterday. Top accounts remain competitive.The average high-yield savings APY is 3.88% (unchanged from yesterday).The average 1-year high-yield CD APY is 3.79% (unchanged from yesterday).How high-yield averages are calculatedThe national average rates are 0.40% for savings accounts and 1.64% for one-year CDs.Banks can adjust deposit rates on savings accounts and newly issued CDs at any time, but broader shifts to the entire savings landscape tend to be gradual. If you’re shopping for a better yield, compare savings accounts side-by-side and consider locking some funds in a CD if you want to…

For estate planners navigating the post-Connelly landscape, Professor Adam Chodorow’s law review article, “Redemption! Valuing Closely Held Companies After Connelly,” is a compelling read, especially given the U.S. Supreme Court’s relatively narrow analysis. A longtime critic of the valuation approach established in Estate of Blount v. Commissioner,1 Prof. Chodorow offers a thorough and persuasive endorsement of the Court’s unanimous decision in Connelly v. United States, which overturned nearly two decades of estate tax valuation precedent.A Title With a Point of ViewThe emphatic “Redemption!” in the title reflects Prof. Chodorow’s longstanding opposition to offsetting life insurance proceeds payable to a corporation…

Someone drove a car into Henry’s house. Yes, through his rental property. For 99% of people reading this, that would put them in the hospital from stress. But Henry didn’t even need to lift a finger when this happened to him on vacation. Why? We’re about to tell you on this BiggerPockets Forum Q&A episode!You’ve got a few rental properties—maybe even a decent-sized portfolio—but you want to scale. How many rentals can you realistically self-manage? 10? 30? 50? What’s the tipping point where you go from managing it all to creating another full-time job for yourself? And when should you finally…

Fed officials noted last month elevated uncertainty about the U.S. economic outlook.

Merging the IRS office that regulates credentialed tax practitioners with another office that deals with uncredentialed return preparers would confuse the public and could harm the tax system, the AICPA said in a letter to the leaders of those offices. The AICPA opposes the proposed merger of the Office of Professional Responsibility (OPR) and the Return Preparer Office (RPO) “because it would inappropriately consolidate credentialed and uncredentialed return preparers under OPR, create potential conflicts of interest, and divert resources from the primary role of OPR,” the AICPA wrote in the letter, dated Nov. 14. The OPR investigates referrals of alleged…

Dave Ramsey has guided millions of Americans through their debt struggles, but his advice to hit “pause” on your 401(k) while you’re paying off debt could cost you tens of thousands of dollars you’ll never get back. Pausing contributions forfeits employer matches, misses market rebounds that often follow market downturns, and derails the automatic savings that keep you on the path toward retirement. Financial advisors we spoke with say there’s a better way. Why Pausing Can Be a Pricey Mistake Here’s what you could lose if you stop contributing to your 401(k): You forfeit free money: Employer matches are real…