Veatch's Financial Services, LLC

09/02/2022

Gas prices have fallen, but the cost of other goods have largely remained the same. Reuters has the story @ https://reut.rs/3zNyi0j

U.S. consumer prices were unchanged in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for weary Americans who have watched inflation climb over the past two years.

07/07/2022

Chairman Powell tells Congress the Fed is "strongly committed" to cooling inflation. CNBC has the details @

Fed Chairman Jerome Powell said Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen.

06/10/2022

04/28/2022

The largest crypto heist to date netted the thieves a cool $615 million in USDC (a U.S. dollar pegged stablecoin) and ethereum. CNBC has the details @ https://cnb.cx/3JYjkbU

Ronin Network said in a blog post on Tuesday that it lost around $615 million in USDC and ethereum.

03/23/2022

12/17/2021

Life insurance policies paid out over $90 billion in 2020, a 15.4% increase over 2019. That's the largest year-over-year increase since the 1918 Influenza Epidemic. Fortune has the details @ https://bit.ly/3IAzQ1m

Life Insurance policies saw a 15.4% increase last year over 2019. That’s the largest year-over-year increase since the 1918 Influenza Epidemic.

09/27/2021

Democrats are weighing a new law that would require IRAs worth more than $5 million to make additional annual withdrawals. CNBC has the news @ https://cnb.cx/2VrOl3L

Democrats are considering a new type of required distribution based on the value of individual retirement accounts.

07/28/2021

Inflation isn't enough to stop earnings season, which is on track for the highest profit margins in over a decade. CNBC has the details @

A quarter of the way through earnings season, we are headed toward the best profit growth in over a decade.