In this week’s installment of our PureVest Weekly Roundup, we looked at the latest jobs numbers for August; 315,000 jobs were created for the month. One in five home sellers are now dropping their asking prices as higher interest rates continue to work their way through the market. Geopolitical tensions keep Oil in focus ahead of OPEC’s latest meeting which is scheduled for Monday. Starbucks announced their next CEO and the push from Amazons’ workers to unionize continued. We also added a good article that will give you a better understanding of the inflation we have been dealing with. If you have any questions about your Required Minimum Distributions from your retirement accounts the 2 articles below can help answer most of them. Enjoy the light reading and have a great holiday weekend!
Markets & Economy:
Payrolls rose 315,000 in August as companies keep hiring
source:www.cnn.com
One in five home sellers is now dropping their asking price as the housing market cools
source:www.icnbc.com
OPEC+ meets to set Oil policy on Monday
source:www.reuters.com
Amazon ‘overruled’ in labor case, NLRB recommends certifying Staten Island union vote
source:www.finance.yahoo.com
Starbucks Names Laxman Narasimhan as Next Chief Executive Officer
source: www.starbucks.com
Understanding Recent U.S. Inflation
source: www.fa-mag.com
Education:
What Is a Required Minimum Distribution (RMD)?
source: www.investopedia.com
3 Steps to Take If You Miss Your Required Minimum Distribution Deadline
source: www.investopedia.com