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Author: Russ Wiles, Arizona Republic

Money

The wealth gap: These traits are common with affluent Americans. How do you compare?

August 9, 2022Russ Wiles, Arizona RepublicComments Off on The wealth gap: These traits are common with affluent Americans. How do you compare?

A new U.S. Census Bureau report on affluence and the wealth gap highlights commonalities of wealthy people. Some could help you build your net worth.

Money

A recession is at the doorstep. Here’s why it may not be as bad as you might think

August 2, 2022Russ Wiles, Arizona RepublicComments Off on A recession is at the doorstep. Here’s why it may not be as bad as you might think

Recessions help to ease inflationary pressures and other imbalances, laying the seeds for future growth.

Money

Inflation boosts home prices – but can hurt homeowners, too. What to know for taxes and insurance

May 30, 2022May 31, 2022Russ Wiles, Arizona RepublicComments Off on Inflation boosts home prices – but can hurt homeowners, too. What to know for taxes and insurance

Over roughly the past year, U.S. inflation has increased 8.3% and housing prices have shot up 20% or more in many markets, including metro Phoenix.

Money

Carvana, known for its automotive vending machines, cuts 2,500 jobs following loss of $506M

May 11, 2022Russ Wiles, Arizona RepublicComments Off on Carvana, known for its automotive vending machines, cuts 2,500 jobs following loss of $506M

The Arizona-based company has never logged an annual profit over its 10 years of existence, preferring instead to plow cash flow into expansion.

Money

Are the odds of a recession rising due to inflation, Ukraine? Watch for these key signs.

March 13, 2022March 14, 2022Russ Wiles, Arizona RepublicComments Off on Are the odds of a recession rising due to inflation, Ukraine? Watch for these key signs.

Few economists have started warning of a recession anytime soon, but the risks are rising. Here are the key signs you need to keep an eye on.

Money

Amid rising inflation, here’s how to save on taxes and survive a stock market slump

February 11, 2022February 11, 2022Russ Wiles, Arizona RepublicComments Off on Amid rising inflation, here’s how to save on taxes and survive a stock market slump

Amid a rising inflation rate and stock market slump, here are some tips to try to reduce risk and save on taxes in 2022

Money

After 2 tumultuous years, here are 4 financial tips to learn (or re-learn) for 2022

December 26, 2021Russ Wiles, Arizona RepublicComments Off on After 2 tumultuous years, here are 4 financial tips to learn (or re-learn) for 2022

Whether your final ledger for 2021 puts you in the plus or minus column, these practices and behaviors can help going forward.

Money

It’s time to trim the tree and your tax bill: Deductions, donations can figure in your year-end planning

November 28, 2021November 30, 2021Russ Wiles, Arizona RepublicComments Off on It’s time to trim the tree and your tax bill: Deductions, donations can figure in your year-end planning

By now, you have a good idea of where you will end 2021 in income earned and deductions available. Here are more year-end tax tips

Money

Retirement savings contribution credits and more: How Congress can help retirees save

October 24, 2021Russ Wiles, Arizona RepublicComments Off on Retirement savings contribution credits and more: How Congress can help retirees save

Congress is considering several proposals that could make retirement savings more worthwhile: student loan matching, retirement credits, and more

Money

How can you best protect your investments if inflation continues to rise?

September 26, 2021September 26, 2021Russ Wiles, Arizona RepublicComments Off on How can you best protect your investments if inflation continues to rise?

Which assets are the best hedges against inflation? What’s likely to happen with inflation this year? Financial experts weigh in.

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Headlines

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August 31, 2023Bob Nightengale, USA TODAY

Dog repeatedly escapes Michigan shelter, sneaks into nursing home, is adopted by residents

August 31, 2023John Carlisle, Detroit Free Press

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023Kim Hjelmgaard, USA TODAY

Kia recalls nearly 320,000 cars because the trunk may not open from the inside

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PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023Paul Davidson, USA TODAY
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