Latest news with #BocaRaton
Yahoo
an hour ago
- Business
- Yahoo
Did you buy a coveted Costco gold bar last year? Here's how much it's worth today amid soaring market prices
You may have struck gold — quite literally. Costco customers who purchased a gold bar last year are now finding the item soaring in value thanks to increased demand. Since the retail company began selling these bars in 2023, they've been a draw for customers, as investors historically tend to turn to gold during times of geopolitical instability, inflation and concern over the US dollar. According to CNBC, gold traded around $3,390 per ounce as of Tuesday morning, about 45% higher than it was at this time last year and near a recent record high. In June 2024, the listed purchase price for a one-ounce gold bar at Costco was $2,399.99. The spot price as of June 17, 2025, was $3,390, which is an unrealized gain of $990 and a 41.3% percentage increase. If you bought the bar of gold last year, you might be considering selling it for a profit — but it's not that simple. The spot price is a benchmark for price negotiation, but sellers typically receive about 5-10% less than that, depending on where and how they sell their gold, Jon Ulin, a certified financial planner based in Boca Raton, Florida, told CNBC. 'I would avoid private buyers or marketplaces like eBay or Facebook Marketplace,' Ulin shared. 'You're dealing with a high-value item and there's a risk of encountering less-than-reputable individuals.' Meanwhile, brick-and-mortar bullion dealers offer in-person evaluations and immediate payment — and may pay 1-5% below the spot price, which is often more than pawn shops offer, according to a 2024 Wall Street Journal report. Regardless, it's important to vet potential buyers on platforms such as Yelp, Google or the Better Business Bureau to help avoid lowball offers or scams. Any profits made from selling gold can also be taxed at a higher rate than other investments since the IRS typically classifies physical gold as a collectible, according to CNBC. A 'collectible' classification means that federal long-term capital gains can be taxed at a rate up to 28%, and if it's sold within one year, profit is taxed as ordinary income, which could lead to an even higher rate depending on the seller's tax bracket. In May, Costco restricted purchases on the coveted gold bars, limiting customers to up to two bars with only one transaction per membership every 24 hours. Around the same time, a finance influencer who purchased one of the retailer's gold bars sold the nugget nearly a year later for a $600 in profit. Humphrey Yang had reportedly purchased the one-ounce bar for $2,359 from Costco in April 2024 and sold it in March 2025 at the bullion dealer Witter Coin in San Francisco for $2,955.42. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
CBS News
2 hours ago
- CBS News
South Florida firefighter arrested on child pornography charges, officials say
A 51-year-old Boca Raton firefighter, who is a Miami-Dade resident, is facing charges of possessing child sexual abuse material, according to the Miami-Dade Sheriff's Office. Alejandro Fernandez Callegari was arrested Thursday in Miami-Dade County. Cyber tip leads to investigation The National Center for Missing and Exploited Children received a cyber tip reporting a user uploading multiple files containing child sexual abuse material, deputies said. Legal processes confirmed Fernandez as the owner and user of the reported account, authorities said. Details of charges Authorities said Fernandez uploaded explicit images of children, according to the arrest report. On June 19, 2025, detectives responded to Fernandez's address, where he invoked his right to counsel and was transported to the Turner Guilford Knight Correctional Facility without incident, authorities said. Boca Raton responds The City of Boca Raton placed Fernandez on administrative leave following his arrest, according to a statement from the Boca Raton Fire Department. The city stated that the allegations do not reflect its values or standards and declined further comment due to the active criminal investigation.
Globe and Mail
4 hours ago
- Business
- Globe and Mail
Craig Izenstark Scholarship for Finance Students Now Accepting Applications to Empower Future Industry Leaders
Applications are now open for the Craig Izenstark Scholarship for Finance Students, an initiative established to support and recognize the next generation of financial professionals. Spearheaded by seasoned finance expert Craig Izenstark, this annual scholarship offers undergraduate students pursuing careers in finance a prestigious opportunity to gain both financial support and industry recognition. Boca Raton, FL - June 20, 2025 - Applications are now open for the Craig Izenstark Scholarship for Finance Students, an initiative established to support and recognize the next generation of financial professionals. Spearheaded by seasoned finance expert Craig Izenstark, this annual scholarship offers undergraduate students pursuing careers in finance a prestigious opportunity to gain both financial support and industry recognition. With a career spanning more than three decades in trading, market analysis, and investment strategy, Craig Izenstark continues to influence the financial sector through both innovation and mentorship. As an Operating Partner at Valyrian Financial, he remains deeply committed to fostering talent that can navigate and shape the evolving landscape of global finance. 'Empowering the next wave of finance professionals is not only an investment in individuals, but in the integrity and progress of the entire industry,' said Craig Izenstark. 'Through this scholarship, I hope to inspire analytical thinking, ethical leadership, and innovation among students who are passionate about finance.' Purpose and Vision The scholarship is crafted to identify and support students who demonstrate exceptional promise in the field of finance. Ideal candidates will exhibit a combination of academic excellence, critical thinking, and an interest in applying innovative strategies to real-world financial challenges. The scholarship aligns with Izenstark's vision of strengthening the finance sector through early investment in student potential—encouraging a new wave of professionals who approach financial markets with responsibility, insight, and forward-thinking strategies. Eligibility Criteria The Craig Izenstark Scholarship for Finance Students is open to undergraduate students enrolled at accredited institutions. Applicants must fulfill the following requirements: Exhibit a clear passion for finance, particularly in areas such as investment analysis, market strategy, or financial innovation. Submit a complete application, including a thoughtful original essay. Demonstrate academic distinction through current transcripts or academic references. Show a solid grasp of core financial principles and market dynamics. Award and Application Process One exceptional student will be awarded a $1,000 one-time scholarship to assist with educational expenses. More than a financial benefit, the award symbolizes acknowledgment from a respected industry leader and a step forward in a competitive field. Applications are now being accepted via the official scholarship website: Direct Application Link Deadline: December 15, 2025 Award Announcement: January 15, 2026 About Craig Izenstark Craig Izenstark has built a reputation as a strategic thinker and innovator in finance, adept at blending traditional market insight with cutting-edge technology. From mastering early trading strategies to incorporating AI-driven forecasting tools, his career reflects a deep commitment to progress and mentorship. The Craig Izenstark Scholarship is a continuation of his efforts to guide emerging talent and instill the values of integrity, critical thinking, and continuous learning within the finance community. Final Remarks The Craig Izenstark Scholarship for Finance Students represents a meaningful step for aspiring finance professionals eager to make their mark. Students who are intellectually driven, ethically grounded, and inspired to contribute to the financial industry's future are strongly encouraged to apply. Media Contact Company Name: Craig Izenstark Scholarship Contact Person: Craig Izenstark Email: Send Email City: Boca Raton State: Florida Country: United States Website:
Yahoo
12 hours ago
- Business
- Yahoo
NFSG Corporation Announces National Expansion Plans
BOCA RATON, Fla., June 20, 2025--(BUSINESS WIRE)--NFSG Corporation (NFSG), a Registered Investment Advisor (RIA), proudly announces its plans to expand its client reach nationwide by growing its network of financial advisors and recruiting new Independent Advisors across the United States. NFSG is a client-centric wealth management firm, offering personalized strategies that are uniquely customized at the individual client level. Each portfolio is designed to align with the specific goals, needs, and risk tolerance of the client, reinforcing the firm's commitment to tailored financial guidance. To support its advisors, NFSG provides a state-of-the-art in-house subadvisor platform, enabling advisors to spend less time on portfolio management and more time building relationships and growing their practice. NFSG is also widely recognized for its proprietary "Fair Value" numbers, developed by Chief Market Strategist Donald Selkin. These figures have been featured on CNBC for over 35 years as part of the pre-market "Fair Value" futures board, prominently displayed during Business Day programming leading up to the U.S. market open at 9:30 a.m. ET. Tom Casolaro, Chief Executive Officer & CEO, NFSG Corporation "For investors, Don's fair-value update is an indispensable pulse check before the bell. Seeing NFSG affiliated with that trusted data affirms our commitment to disciplined insight-driven market guidance. For our advisors, our mission has always been to empower them and serve clients with integrity, transparency, and highly customized strategies. By providing best-in-class portfolio management resources and expanding our national footprint, we're making it easier for advisors to grow their practices while delivering exceptional, individualized outcomes for clients." Donald Selkin, NFSG Corporation "Delivering these numbers each morning has always been about clarity, not commentary. I'm pleased the attribution now aligns with my role at NFSG while the methodology—and its value to viewers—stays exactly the same." About NFSG NFSG Corporation is an SEC-registered investment adviser providing holistic wealth planning, portfolio management, and retirement solutions to individuals, families, and institutions nationwide. Headquartered in Boca Raton, NFSG pairs rigorous quantitative research with personalized advice to help clients navigate complex markets and pursue lasting goals. Visit the NFSG website to learn more: View source version on Contacts Media Contact Communications Office - NFSG Corporationpress@ | (877) 669-1255 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
a day ago
- Business
- Associated Press
JUSHI AND REAL HOUSEWIVES STAR STACEY RUSCH LAUNCH ‘SHAYO,' A LIFESTYLE INSPIRED CANNABIS BRAND
BOCA RATON, FL, UNITED STATES, June 19, 2025 / / -- Jushi Holdings Inc. ('Jushi' or the 'Company') (CSE: JUSH) (OTCQX: JUSHF) is partnering with entrepreneur, philanthropist, and Real Housewives of Potomac star Stacey Rusch on a new cannabis-infused wellness brand, Shayo. Shayo, named after the Nigerian term meaning 'to be happy,' blends elevated ingredients with a lifestyle-forward ethos to deliver a one-of-a-kind edible experience to Virginia's medical cannabis market. Shayo products are available HERE. Not only is Rusch making waves in the wellness industry with this launch, but she's leaving her mark in the history books as well. Rusch is the first Black woman to create a cannabis centered brand in the state of Virginia, a milestone which aligns beautifully with her passion for wellness and cultural exploration. 'Shayo is about joy, rhythm, and living life fully,' says Rusch. 'I'm so proud to bring this brand to my home state and help people discover a delicious new path to wellness.' Two distinct rosin-infused fruit chews are now available, each designed with a target cannabinoid profile and thoughtful flavor pairing. Set your intention for the day with Rise (Blood Orange Pomegranate), in which bright citrus and tart pomegranate intertwine, giving you a complex flavor that is grounded and strikes a remarkable balance. Rise showcases a unique 1:2 ratio of THC:CBG. Manifest your perfect dreamscape with Rest (Berry Vanilla), in which red and dark berry flavors fold into soft and floral vanilla tones that are ideal to wrap up any day. The 1:2 ratio of THC:CBN helps your body let go of what no longer serves. Both varieties are vegan, gluten-free, non-GMO, and made with natural fruit purées, offering a premium edible that's as functional as it is flavorful. 'We're thrilled to introduce Shayo to patients across Virginia,' says Jim Cacioppo (Chief Executive Officer, Chairman, and Founder of Jushi Holdings Inc.). 'Shayo was born out of a shared vision of wellness, flavor, and empowerment—and we believe this brand will deeply resonate with our community.' Rusch and Jushi Holdings Inc. are officially holding the Shayo launch at the Beyond Hello dispensary in Fairfax, Virginia today, where patients can also connect with Rusch and be the first to learn about the product. Shayo products will be available at all six Beyond Hello locations in Virginia, as well as other select medical dispensaries across the Commonwealth. ### About Stacey Rusch: Stacey Rusch is an entrepreneur, philanthropist, and personality. With a career spanning media, she turned to star on Bravo's The Real Housewives of Potomac, making her debut in Season 9, instantly becoming a fan favorite and capturing the hearts of the Bravosphere and beyond. A Detroit native, she now resides in Virginia with her daughter. About Jushi Holdings Inc.: We are a vertically integrated cannabis company led by an industry-leading management team. Jushi is focused on building a multi-state portfolio of branded cannabis assets through opportunistic acquisitions, distressed workouts, and competitive applications. Jushi strives to maximize shareholder value while delivering high-quality products across all levels of the cannabis ecosystem. For more information, visit or our social media channels, Instagram, Facebook, X and LinkedIn. For further information, please contact: Jushi Investor Relations 561-617-9100 [email protected] For press inquiries with Stacey Rusch, please contact: Amanda Pappalardo | [email protected] Sophia Sturek | [email protected] Amanda Pappalardo 42West [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
