Our first chart shows that full-year 2023 banking industry net income fell modestly from 2022, but remained above income levels reported prior to the pandemic. Net income totaled $256.9 billion in 202... ...more
Business ,Investments &Mortgage News
May 15, 2024•14 min read
As you're getting ready to file your tax return, you may be wondering about the chances that the IRS will audit your return. Your fear might be heightened, knowing that the Inflation Reduction Act, en... ...more
Business ,Investments &Mortgage News
May 13, 2024•18 min read
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. New rules implemented last month capped what the Federal Deposit Insurance Co... ...more
Business ,Investments &Mortgage News
May 05, 2024•3 min read
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today released research showing that 15 million Americans still have medical bills on their credit reports despite changes by Equifax... ...more
Business ,Investments
April 30, 2024•3 min read
Republic First Bancorp was seized by Pennsylvania regulators Friday, following a failed deal earlier this year to infuse the Philadelphia-based regional bank with new funds, amid a decline in deposits... ...more
Business ,Investments
April 30, 2024•3 min read
In April, VanEck CEO Jan van Eck told media that its application for a spot ether exchange-traded fund (ETF) would “probably be rejected" by the U.S. Securities and Exchange Commission (SEC). With a l... ...more
Business ,Investments
April 30, 2024•3 min read
Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, a... ...more
Business ,Investments &Mortgage News
April 24, 2024•5 min read
This as-told-to essay is based on a conversation with Dominique Raroha, a 29-year-old working in insurance in Sicklerville, New Jersey, which is about 23 miles outside Philadelphia, who bought a duple... ...more
Business ,Mortgage News
April 21, 2024•6 min read
When CRE hits investors, fine, they were paid to take those risks. But we’re a little more squeamish when it comes to banks. Commercial Real Estate loans amount to about $5 trillion. Not all CRE sect... ...more
Business ,Investments &Mortgage News
April 17, 2024•4 min read
M2 money supply hasn't made a move this pronounced since the early 1930s. When examined over long stretches, the stock market can't be beat. While other asset classes have produced solid nominal gain... ...more
Business ,Mortgage News
April 08, 2024•7 min read
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Kirk Jaffe Enterprises, Inc.
195 Highway 50, Ste 104-476
Stateline, NV 89449