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Author: Russ Wiles, Arizona Republic

Money

Leaked records of billionaires’ miniscule taxes rekindle debate on tax policy, wealth gap

June 13, 2021Russ Wiles, Arizona RepublicComments Off on Leaked records of billionaires’ miniscule taxes rekindle debate on tax policy, wealth gap

ProPublica published details of the leaked tax returns of 25 of the wealthiest Americans, showing that most payed little to nothing in income tax.

Money

5 crucial money decisions you’ll make in your life

June 6, 2021Russ Wiles, Arizona RepublicComments Off on 5 crucial money decisions you’ll make in your life

Good choices can pay off handsomely over time, lifting you up the wealth ladder. Bad judgment calls can condemn you to years of financial struggles.

Money

5 big money risks in retirement you should know and prepare for now

May 30, 2021June 8, 2021Russ Wiles, Arizona RepublicComments Off on 5 big money risks in retirement you should know and prepare for now

You will face uncertainties, such as how long you might live, future inflation rates, unknown medical expenses and others.

Money

Inflation, employment, profits and investments: A year after recovery began, here’s how the economy is graded

May 23, 2021Russ Wiles, Arizona RepublicComments Off on Inflation, employment, profits and investments: A year after recovery began, here’s how the economy is graded

Some key measures have improved substantially, including corporate profits and the stock and housing markets. Others show worrisome trends

Money

Congratulations, graduates. Now get ready to start your real world financial education

May 16, 2021Russ Wiles, Arizona RepublicComments Off on Congratulations, graduates. Now get ready to start your real world financial education

New graduates must grapple with finding a job, learning about benefits, understanding budgets, using debt and even gaining familiarity with tax rules

Money

Retirement wealth gap: Here’s who benefits from the proposed round of retirement rule changes

May 9, 2021Russ Wiles, Arizona RepublicComments Off on Retirement wealth gap: Here’s who benefits from the proposed round of retirement rule changes

The many federal retirement incentives adopted in recent decades have made a difference, but there’s still a big divide in the retirement wealth gap.

Money

Capital gain tax rates could nearly double under a Biden proposal. How would that your investments?

May 3, 2021May 4, 2021Russ Wiles, Arizona RepublicComments Off on Capital gain tax rates could nearly double under a Biden proposal. How would that your investments?

Here are some of the effects for wealthy taxpayers and the stock markets if Biden’s tax proposal goes through.

Money

Cash was ‘not king’: Many expected financial chaos during the pandemic but it wasn’t all bad

April 25, 2021April 25, 2021Russ Wiles, Arizona RepublicComments Off on Cash was ‘not king’: Many expected financial chaos during the pandemic but it wasn’t all bad

Despite millions of job losses and other economic pressures, key indicators like bankruptcies and loan delinquencies are mostly stable.

Money

There’s a trendy way to invest in new public companies, but be sure to understand the risks

March 15, 2021March 15, 2021Russ Wiles, Arizona RepublicComments Off on There’s a trendy way to invest in new public companies, but be sure to understand the risks

SPACs, or special purchase acquisition companies, have been around for decades. Their recent ascent is spectacular — and eyebrow raising.

Money

Not all your money belongs to you: Profits are rising in IRAs and 401(k)s, but so are future taxes

March 7, 2021Russ Wiles, Arizona RepublicComments Off on Not all your money belongs to you: Profits are rising in IRAs and 401(k)s, but so are future taxes

Putting money into retirement accounts on a pretax basis doesn’t mean you will avoid paying Uncle Sam eventually. Here’s what to know.

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023August 31, 2023John Bacon, Douglas Soule and Christopher Cann, USA TODAY

A State Department office is giving young people a voice. Abby Finkenauer is leading the effort

August 31, 2023Rachel Looker, USA TODAY

Far-right candidate seduces Argentine electorate

August 31, 2023AP

Hundreds join Nepal gay pride rally

August 31, 2023AP

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023Jennifer Jolly

These kids are good: Young Reds in pursuit of a pennant stretch to remember

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

August 31, 2023Francisco Guzman, USA TODAY

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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