Over the past two years, high-yield dividend stocks struggled as interest rates rose, causing them to lose their appeal compared to risk-free options like CDs and Treasury bills. However, with the recent rate cuts by the U.S. Federal Reserve and expectations of more cuts to come, investors are advised to consider high-yield dividend stocks and ETFs again. Two covered-call ETFs, JPMorgan Equity Premium Income ETF and JPMorgan Nasdaq Equity Premium Income ETF, along with two municipal-bond ETFs, VanEck High Yield Muni ETF and BlackRock High Yield Muni Income Active ETF, are recommended for generating passive income in the current market environment.
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Supreme Court appears likely to side with Catholic Church and Trump in key religious exemption case
The Supreme Court is leaning towards supporting Wisconsin-based Catholic Charities in their dispute with the government over a state ruling that affects their ability to care for the sick and poor. The group argues that their mission of helping others, regardless of faith, is a core religious practice. Justices expressed concerns about the state interfering in religious matters and violating the First Amendment by denying the charity a tax exemption based on religious behavior criteria....
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