Satya Nadella speaking at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Microsoft said Wednesday that CEO Satya Nadella is becoming the chair of the company’s board, replacing independent director John Thompson, following a unanimous vote of the software company’s board. The change reflects theContinue Reading


One of the great misconceptions about credit card debt is that the cards themselves are bad. The truth is, they’re really not. Rather, it’s the effect of double-digit interest rates that make them so toxic to our personal finances. The exponential growth of an account balance quickly causes purchases we thought we’d easily payContinue Reading


Get a Full Investor Curriculum: Join The Book List Every month you’ll receive 3-4 book suggestions–chosen by hand from more than 1,000 books. You’ll also receive an extensive curriculum (books, articles, papers, videos) in PDF form right away. [mailbag_mailchimp]Continue Reading


The Social Security Trust Fund is an account managed by the United States Treasury that takes in Social Security payroll taxes from workers and their employers and pays out benefits to Social Security recipients. It invests in securities that are backed by the full faith and credit of the U.S.Continue Reading


FOMC June 2021 Highlights The Federal Open Market Committee (FOMC) ended its June 15-16, 2021 meeting by announcing no change in policy. While recognizing that inflation has risen, they attribute this mainly to “transitory factors” that will abate. However, the consensus of members is that the federal funds rate willContinue Reading