Gambling Income and Taxes: What the NBA Betting Scandal Teaches Every Taxpayer
The recent NBA gambling scandal, which led to more than 30 arrests, has drawn widespread attention to the broader world of sports betting. The fraud involved players and coaches selling sensitive injury and lineup information for cash or a share of betting proceeds. In some cases, players allegedly influenced game outcomes – such as Miami Heat […]
Investment Commentary – October 27, 2025
Executive Summary Investors are gearing up for a pivotal week, as Big Tech earnings and an expected U.S. interest rate cut could set the country’s economic trajectory for the rest of the year. A cooler than expected inflation report on Friday sent stocks to fresh highs as traders bet the Federal Reserve will trim the cost of borrowing […]
Economic Commentary – October 27, 2025
It’s back to Trump Time, it’s Trade Time, All The Time. A successful tour of Asia to negotiate favorable trade deals would go a long way toward easing the concerns of the Federal Reserve — and the US business community — about the negative impacts on economic growth from trade confrontation. There is also the issue […]