Author: admin

CNN  —  American consumers, battle-scarred by the pandemic and the subsequent surge in inflation, are already changing their spending patterns and delaying some purchases due to President Donald Trump’s chaotic tariff policy and the broader economic uncertainty, new survey data shows. The shift in spending plans was among the findings from tax and audit firm KPMG’s second annual American Perspectives survey released early Thursday. The survey of 2,500 adults sought to evaluate their personal financial situations as well as how they were adapting to changing forces in the economy, including new tariffs, the rise of generative artificial intelligence and the…

A Dawn.com journalist has become the first Pakistani to win the top prize in the ‘Young Reporters Writing’ category at the International Sport Press Association’s 2024 AIPS Sport Media Awards, which honour the “world’s finest sports journalists”. According to a press release issued on Tuesday, the award ceremony was held in Rabat, the capital of Morocco. Anushe Engineer was chosen as the winner from three finalists in her category, surpassing France’s Louis Boulay and the United Kingdom’s Issy Ronald, for her feature, ‘It’s all or nothing for Arshad Nadeem in Paris’. The finalists were shortlisted from 37 entries initially selected…

A Dawn.com journalist has become the first Pakistani to win the top prize in the ‘Young Reporters Writing’ category at the International Sport Press Association’s 2024 AIPS Sport Media Awards, which honour the “world’s finest sports journalists”. According to a press release issued on Tuesday, the award ceremony was held in Rabat, the capital of Morocco. Anushe Engineer was chosen as the winner from three finalists in her category, surpassing France’s Louis Boulay and the United Kingdom’s Issy Ronald, for her feature, ‘It’s all or nothing for Arshad Nadeem in Paris’. The finalists were shortlisted from 37 entries initially selected…

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023.Jonathan Ernst | ReutersHouse Republicans have advanced trillions of tax breaks as part of President Donald Trump’s economic package.After debating the legislation overnight, the House Ways and Means Committee, which oversees tax, passed its portion of the legislation on Wednesday morning in a 26-19 party line vote.But the battle over the deduction for state and local taxes, known as SALT, remains in limbo.The text released Monday afternoon would raise the SALT cap to $30,000 for those with…

Stephanie Phillips | Getty ImagesMore from FA Playbook:Here’s a look at other stories impacting the financial advisor business.”Markets go up and down, but students’ goals remain the same,” said Chris McGee, chair of the College Savings Foundation.529 plan popularity has soaredIn 2024, the number of 529 plan accounts increased to 17 million, up more than 3% percent from the year before, according to Investment Company Institute.Total investments in 529s rose to $525 billion as of December, up 11% from a year earlier, while the average 529 plan account balance hit a record of $30,961, data from the College Savings Plans Network, a…

CEO Craig Findley works in the Venture Lab.Courtesy of Venture Visionary Partners Walking into Venture Visionary Partners’ gleaming Sylvania, Ohio headquarters just outside of Toledo feels less like entering a wealth management firm and more like stepping into the lobby of a Silicon Valley innovator. A serene waterfall greets you at the door; sleek glass offices line the halls, while oversized digital screens pulse with real-time data and market updates. But the real centerpiece—and increasingly a beating heart of the operation—is tucked beyond the conference rooms up on the second floor: the Venture Visionary Lab. A brainchild of founder and…

Vgajic | E+ | Getty ImagesSocial Security beneficiaries are at risk of receiving a smaller benefit if they’ve fallen behind on their student loans.The Trump administration recently announced it would move to offset defaulted student loan borrowers’ federal benefits, and warned that payments could be garnished as soon as June.That involuntary collection activity could have serious consequences on those who rely on the benefits to pay most, if not all, of their bills, consumer advocates say.More from Personal Finance:Wage garnishment for defaulted student loans to beginWhat loan forgiveness opportunities remain under TrumpIs college still worth it? It is for most,…

SYDNEY: Cricket Australia is working with the government and the Indian board on security arrangements with several players set to make a decision on whether to return to the Indian Premier League when it resumes this week, the governing body said on Tuesday. The Twenty20 tournament was suspended last Friday amid the worst fighting between India and Pakistan in nearly three decades before a ceasefire was reached over the weekend. India’s board (BCCI) said on Monday the remaining 17 games would resume on May 17 with the final rescheduled for June 3. That would leave some Australian players, such as…

U.S. Senator Raphael Warnock speaks at the Capitol on April 10 in Washington, D.C. Jemal Countess | Getty Images Entertainment | Getty ImagesRepublican lawmakers may be looking at substantial cuts to Medicaid in upcoming reconciliation legislation.But one method of restricting access to coverage — work requirements — could have disastrous results for Americans, based on efforts in Arkansas and Georgia to implement such policies, according to a new report issued by Sen. Raphael Warnock, D-Ga. Those rules typically require people to meet certain thresholds, such as a set number of hours of work per month, to qualify for Medicaid coverage.While…

KARACHI: Stars skipper Sidra Amin continued her superb form with the bat to hand Stars their third win in the fifth round of the National Women’s T20 Tournament here at the National Bank Stadium on Tuesday afternoon. Challengers’ Sadaf Shamas (3-31 & 29) showcased all-round skills to inspire her team to a hard-fought win over Strikers at the Oval Academy Ground. At the National Bank Stadium, Stars slipped to 19-3 after opting to bat first before Sidra, batting at number three, took it upon herself to rebuild the innings and steer her team to 145-8 in 20 overs. Sidra, who…