VERITAS ADVISORS

AI-powered cancer screening is revolutionizing early detection, but most of these services aren't covered by insurance yet. Important points to consider: 🤖 AI technology is making significant strides in improving cancer screening accuracy and early detection. Despite its potential, many AI cancer screening methods are not yet covered by insurance, posing financial challenges for patients. 🏥 The healthcare industry is at a crossroads, balancing innovation with accessibility and affordability. Staying informed about these developments can help you advocate for better healthcare solutions. What are your thoughts on the future of AI in cancer screening and its accessibility? Share your insights! #AICancerScreening #HealthcareInnovation #MedicalTechnology #InsuranceCoverage #PatientCare #HealthTrends Source: https://lnkd.in/dTcXMvGb

People vote with their dollars, and right now there’s a vote of no confidence from stock investors despite a rally in stock prices since November 2023. There’s $6.4 trillion sitting in money market mutual funds–the highest level since the Fed started tracking the number in 1945.

📣Financial update! The Federal Reserve is holding steady on interest rates, keeping them at a range of 5.25%-5.50% as they continue to grapple with inflation. Key takeaways: ▪️ The Fed isn't planning to reduce the target range until they're confident inflation is sustainably moving toward a 2% target.🎯 ▪️ The central bank is easing the pace of balance sheet reduction, which could be seen as a slight loosening of monetary policy. ▪️ High inflation and slow growth are raising concerns over potential stagflation. ▪️ Expectations for rate cuts have shifted dramatically, with just one predicted for the end of the year. What does this mean for you? The unchanged interest rates mean borrowing costs remain high, which could impact consumer spending and the overall economy. The Fed's cautious approach signals uncertain economic times ahead, which may call for a more defensive investing strategy. High inflation could eat away at your real returns, making it crucial to consider inflation-protected investments. Stay tuned for more updates, and keep these points in mind as the year progresses. #FederalReserve #InterestRates #Inflation #InvestingStrategy Source: https://lnkd.in/gMXKVyCN

A groundbreaking decision has been made by the Federal Trade Commission (FTC) 📜🚫. They've voted to ban noncompete agreements, impacting potentially up to 30 million Americans. This means more freedom for employees to explore new job opportunities or even start their own businesses. But it's not all smooth sailing - the U.S. Chamber of Commerce is planning to contest this decision in court ⚖️. Interestingly, the FTC estimates this ban could increase workers' wages by a whopping $488 billion over the next decade. This decision could have significant implications for both workers and the broader economy. As investors, we need to stay informed and be ready to adapt our strategies accordingly. #FTC #NoncompeteBan #InvestingNews Source: https://lnkd.in/euPrBBQZ

🚨Attention, seniors and their loved ones! Elder fraud is a growing concern, with a staggering $3.4 billion in reported losses last year, according to a new FBI report.👵 The frequency of criminal schemes targeting U.S. seniors increased by 14% between 2022 and 2023. The most costly of these scams? Investment schemes entice victims to transfer money to fraudulent financial institutions. Last year, over 5,920 individuals aged 60 and above lost more than $100,000 due to these criminal frauds. This is a serious issue that requires our attention. So, how can we combat this? Stay cautious of unsolicited contact from financial institutions or unknown parties. If an offer seems too good to be true, it likely is. Make it a priority to educate yourself and your loved ones about common scams. If you suspect any suspicious activity, report it to law enforcement as soon as possible. Let's empower ourselves with knowledge and stay vigilant! #ElderFraud #FinancialSafety #InvestmentScams Source: https://lnkd.in/dz-ZuATN

💡The Consumer Price Index rose 3.5% in March, surpassing expectations and signaling an acceleration for inflation. Here's what you need to know: ▪️ This unexpected rise is largely due to increases in shelter and energy costs. 🏠⚡ ▪️ The Federal Reserve may delay interest rate cuts as a result. ▪️ This impacts you as an investor by potentially affecting market trends and the timing of your investments. ▪️ Stay informed and adjust your investing strategy accordingly. Remember, knowledge is power when it comes to managing your finances. #InflationUpdate #InvestingInsights #Financial Source: https://lnkd.in/eDd5tTWR

📚👩🎓Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. Despite these issues, the Department of Education encourages all students considering college to submit a FAFSA form. You can also use online tools like the College Scorecard and the Federal Student Aid Estimator to help plan for future costs. 💻🧮 Remember, the deadline to submit a FAFSA form for the 2024-2025 school year is 11:59 p.m. CT on June 30, 2025. ⏰🗓️ Remember, education is an investment, and understanding the financial process is crucial to the journey. Stay informed and stay proactive in your planning! #FAFSAChanges #CollegeFinance #FinancialAid Source: https://lnkd.in/g7GMWeQC

Our mission is to empower individuals and businesses to achieve their financial goals through innovative solutions, personalized advice, and unwavering integrity. We strive to foster long-term relationships built on trust, transparency, and superior customer service. By leveraging cutting-edge technology and industry expertise, we aim to simplify the complexities of finance and provide our clients with the tools and knowledge they need to thrive in an ever-changing financial landscape.