After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957. That’s according to a new report from the Census Bureau’s Vintage 2022 population estimates released today. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022, surpassing Idaho, the previous year’s fastest-growing state. “While Florida
Month: December 2022
In this article ALK UAL DAL AAL FDX UPS Follow your favorite stocksCREATE FREE ACCOUNT An American Eagle plane taxis during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images FedEx and United Parcel Service warned that packages could arrive
Maskot | Maskot | Getty Images Americans who save for college in 529 plans will soon have a way to rescue unused funds while keeping their tax benefits intact. A $1.7 trillion government funding package has a provision that lets savers roll money from 529 plans to Roth individual retirement accounts free of income tax
1977 Datsun 280Z 4-Speed Courtesy: Kahn Media Online car market Bring a Trailer said it expects to close out the year with a record $1.35 billion in sales, as a new generation of collectors logged on to buy classic and pre-owned cars. Randy Nonnenberg, Bring a Trailer’s co-founder and president, told CNBC that sales for
Svetikd | E+ | Getty Images The IRS has delayed, for a year, when payment services such as Paypal and Venmo and e-commerce companies such as eBay, Etsy and Poshmark will have to issue tax forms to individuals whose business transactions through those platforms exceed $600. The agency on Friday said that such third-party platforms won’t have
In the dark of the night, snuggled within the 4,000+ page Omnibus Bill meant to keep the machine of government well-oiled, lies a passage that may change the future of retirement saving. And the average American worker is ready for it. Dubbed the “SECURE 2.0 Act of 2022,” it represents an extension of the original
As holiday shoppers and travelers struggle with severe shortages of retail and hospitality staff, parents are dealing with another shortage—a lack of men to portray Santa Claus. The “Santa Shortage” tells us a lot about the post-pandemic labor market but also illustrates how so-called “shortages” often reflect deeply embedded racial and gender divisions. Let’s start
Buying a sofa is rarely easy for anyone. It’s one of the most major decisions for the home and needs to be the right mix of style, functionality, and price. Since 2020, it’s also become a far more stressful process because of supply chain issues and other manufacturer delays. Enter 7th Avenue. This innovative direct-to-consumer
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co. All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-grossing film of all time fell short of initial box-office expectations during its debut last week.
In this article NTNX AVO META TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past
Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images Washington lawmakers are rushing to get as much done as possible before the
Back when the SECURE Act passed in 2019, I wrote an article for Forbes called the “Why The SECURE Act Makes 2020 The Year of Missed RMDs.” The reality then was that the two biggest and most impactful provisions of the SECURE Act 1.0 were around required minimum distributions (RMDs) from retirement accounts. With the
During the 2022 proxy season, an old question resurfaced: Are investors receptive to corporate tax transparency proposals, and to what extent? Investors tested this question on proxy ballots at Amazon AMZN , Cisco, and Microsoft MSFT , and the results showed that tech shareholders are warming up to transparency, although they haven’t fully embraced it.
When it comes to the world of luxury real estate, closing a deal can be as nuanced as it is cutthroat. Here’s a look at how one leading New York agent closed a double sale five years in the making, totaling roughly $33.75 million. The Who: These two latest luxury sales are just a few
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media rights deal with a streaming service. YouTube will pay roughly $2 billion a year for the residential rights of the
FTX co-founder Sam Bankman-Fried is escorted by corrections officers to the Magistrate’s Court on December 21, 2022 in Nassau, Bahamas. Joe Raedle | Getty Images Sam Bankman-Fried is flying Wednesday night to New York, according to the office of the attorney general of the Bahamas, where he is later expected to be arraigned in U.S.
For many, Christmas is a time of gift exchanges, log cakes and turkey dinners. But that’s not the case everywhere. In a yearly series, CNBC Travel highlights diverse Christmas celebrations around the world. Austria Christmas comes with a spooky twist in Austria, Germany and other Alpine countries that celebrate St. Nicholas Day during the first
Morsa Images | Stone | Getty Images Retirement accounts are meant to fund your lifestyle in later years — and raiding them early generally comes with a stiff financial penalty. But there are some situations in which account owners — both those with savings in individual retirement accounts and workplace plans like a 401(k) —
Key Takeways The $1.7 trillion government spending bill has passed, which means they’ll be able to keep the lights on until at least September next year. With over 4,000 pages worth of legislation, it’s not the type of thing that can be summarized easily. With that said, we’ve pulled out some of the key areas
As a special Christmas present to all of us, the Secure Act 2.0 is expected to become law right before the holiday. The SECURE Act 2.0 caught a ride on the $1.7 trillion omnibus spending bill that was unveiled on December 19. While the bill presents numerous changes to existing retirement savings and withdrawal rules,
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