Jose Luis Pelaez Inc | Digitalvision | Getty Images Who’d think a little plastic rectangle could be associated with so much mystery and angst? When it comes to credit cards, 26% of Americans say they’re “dangerous” and another 9% call them “evil,” according to a NerdWallet poll. Credit card debt and interest rates are at
Month: June 2023
IRS funding is back in the news. Less than a month after a debt ceiling agreement that would claw back some of the IRS funding previously authorized by the Inflation Reduction Act of 2022 (IRA), a bill is back in the House to reduce the agency’s funding even more. The bill would also impose various
If you know what type of asset class you want to invest in and have found an opportunity, you’ll want to put together a business plan. This can include where the property is located, how you plan to improve it, and details related to the project. Once you have formulated the business plan, you might
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade in Los Angeles, June 12, 2022. David Mcnew | Getty Images Strikes at some organized U.S. Starbucks stores started Friday in Seattle, after the coffee giant and the
In this article GSBD Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs CEO David Solomon speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | Getty Images Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky
The Federal Reserve may have paused its aggressive interest rate hikes for now, but that offers little relief for anyone with credit card debt. The central bank raised interest rates 10 times since last year — the fastest pace of tightening since the early 1980s — and that has caused credit card rates to hit an all-time high. “Even
Every Friday night, my family celebrates cheese night. Okay, celebrate might be a strong word. But for the last few years, we’ve designated Fridays as cheese nights. At the end of a long week, it’s nice to put out a spread of fruits and vegetables, olives and pickles, bread, and, of course, cheese. While any
It turns out, Rocky has one very famous, and perhaps unexpected, fan Adele. The “Easy On Me” singer purchased Rocky actor Sylvester Stallone’s sprawling Los Angeles compound in 2022 for a reported $58 million—a massive discount compared to the original asking price of $110 million. However, in a recent interview with WSJ, Stallone said that
Oddity Il Makiage Coutesy: Oddity Beauty and tech company Oddity, which runs the Il Makiage and Spoiled Child brands, filed to go public Friday as the once-frozen IPO market warms up. The Israel-based company plans to trade on the Nasdaq using the ticker ODD. The company didn’t immediately disclose how the offering would be priced
A view of the Starbucks vending van during its debut in Hangzhou, the capital of China’s Zhejiang province, June 7, 2022. Long Wei | Future Publishing | Getty Images Check out the companies making headlines in midday trading. Starbucks — Starbucks shares lost nearly 2.5% after a union representing workers said strikes are slated to
Uber driver uses GPS navigation. Jaden Urbi | CNBC Workers have been picking up secondary jobs to help makes ends meet amid rampant inflation. That second stream of income can also be a smart move to help workers fill income gaps after they are laid off and looking for a new opportunity. “They pick up
Most people (69% of men; 81% of women) experience some sort of unexpected event after they retire, according to a recent survey conducted by Age Wave and Edward Jones. As a result, a very high percentage of retirees (93%) agree that preparation, flexibility, and willingness to adapt are keys to thriving in a potentially long
As part of the Inflation Reduction Act (“IRA”) passed in August of 2022, $391 billion of governmental funding was allocated to energy and climate initiatives. The ability to transfer (i.e. sell) clean energy credits was part of the new legislation and covered under IRC Section 6418. The intent of IRC Section 6418, was to increase
As home inventory continues to fall in major metropolitan cities across the United States, the need for fresh housing supply has pushed a wave of new development projects, many of which are hitting the market now. Check out luxury new construction homes in four distinct markets currently available for $1 million to $4 million. Slifer
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A worker directs a Southwest Airlines Co. Boeing 737 passenger jet pushing back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Images Southwest Airlines said Friday that it has reached
In this article JCI KR TSN Follow your favorite stocksCREATE FREE ACCOUNT A robot plays the piano at the Apsara Conference, a cloud computing and artificial intelligence conference, in China, on Oct. 19, 2021. While China revamps its rulebook for tech, the European Union is thrashing out its own regulatory framework to rein in AI
Marko Geber | DigitalVision | Getty Images If you sell investments this year, it’s less likely to affect your 2023 tax bill next spring, experts say. Due to inflation adjustments from the IRS, there are larger brackets for long-term capital gains, which apply to investments owned for more than one year. The changes mean it
In this article Follow your favorite stocksCREATE FREE ACCOUNT Grindr at the NYSE, Nov. 18, 2022. Source: NYSE Just over half a year after Grindr‘s debut, leadership of the dating and hook-up platform focused on LGBTQ+ men is settling into life as a public company and charting a roadmap for the future. The stock initially
Westend61 | Westend61 | Getty Images At the midpoint of 2023, some investors see a recession storm on the horizon while others see clear skies ahead. The recession crowd is worried about negative consumer sentiment, while the no-recession camp is heartened by more-positive-than-expected data from the University of Michigan Consumer Sentiment Survey, released in June.
Bret Shuford and Stephen Hanna knew from early on in their relationship they wanted to raise a child together. But the married couple didn’t think a biological child was a possibility. As freelancers in the creative arts, Shuford and Hanna don’t always see steady income, even when working on Broadway. The Houston-based couple, known as
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