The U.S. Supreme Court in Washington, D.C. Kent Nishimura | Los Angeles Times | Getty Images The Biden administration is currently blocked from carrying out its promise of canceling up to $20,000 in student debt for tens of millions of Americans while its relief plan heads to the Supreme Court. On Tuesday, the nine justices
Month: February 2023
For years, there’s been a consistent recommendation from me and other retirement researchers. People should delay beginning Social Security retirement benefits for as close to age 70 as possible. New research adds to the evidence in support of that recommendation. Delaying Social Security benefits to age 70 instead of 62 increases monthly benefits by 77%
The 2023 tax-return season is unlike others in recent memory for employees who have equity compensation, whether stock options, restricted stock units, employee stock purchase plans, and/or and company shares. The impact of the down and volatile markets of 2022 can complicate your tax return. Another increasingly common issue for tax reporting involves interstate employee
Autonomous cars are no longer a sign of the future. In the Saudi Arabian capital of Riyadh plans are underway to build a massive city-within-a-city, complete with racetracks for flying cars and immersive experiences that mimic visits to other planets or worlds where people tower over regular-sized buildings. Called The Mukaab (derived from the Arabic
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT The exterior of a 787 Dreamliner at the Boeing manufacturing facility in North Charleston, on December 13, 2022. Logan Cyrus | AFP | Getty Images Boeing has temporarily halted deliveries of its 787 Dreamliners so it can do additional analysis on a fuselage component, the
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat on Thursday reported a narrower-than-expected loss for its fourth quarter, despite its sales sinking more than
JPMorgan Chase CEO Jamie Dimon said Thursday that containing inflation remains a work in progress for the Federal Reserve, while noting the U.S. economy continues to show signs of strength. “I have all the respect for [Fed Chair Jerome] Powell, but the fact is we lost a little bit of control of inflation,” Dimon said
Most people have a travel bucket list, perhaps with 10 to 15 countries. For this couple, it’s all 195 — and they’re more than halfway there. Hudson and Emily Crider have visited 112 countries, but their journey together began long before that. Both are from the “same small town” of Lancaster, Pennsylvania. They met in
Skynesher | E+ | Getty Images The pandemic-relief policy suspending federal student loan payments has now been extended eight times and spanned nearly three years. When will the payments actually resume? It’s still uncertain. Experts say the Supreme Court hearings on Feb. 28 over President Joe Biden’s student loan forgiveness plan will solidify the timeline.
On any given day, the financial press is chocked full of articles about how the stock market is poised to skyrocket, or is on the precipice of a profound decline—often by 20% or more. The most sensational predictions seem to draw the most readers. Pundits who at some time in the past, say in 2001,
Today’s Social Security column addresses questions about whether child-in-care spousal benefits time out, taking retirement benefits before spousal benefits and what effects living and working outside the US might have on Social Security benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See
For the past two decades Brooklyn has developed and emerged as a super borough; an alternative for institutional capital in New York City, and in some metrics, topping the undefeated borough of Manhattan. The following major factors have contributed to this trend: No longer second class. Brooklyn has become the first choice for residents, businesses
In this article DPZ PZZA Follow your favorite stocksCREATE FREE ACCOUNT Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images Domino’s Pizza and Papa John’s both fell in pre-market trading after reporting mixed earnings on Thursday morning. Domino’s missed analyst estimates on U.S. same-store sales and total revenue for the quarter. Domino’s
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Block stock rose nearly 8% in extended trading after the payments company reported fourth-quarter earnings that missed Wall Street expectations but posted strong growth in gross profit. Here’s how Block did versus Refinitiv consensus expectations: EPS: 22 cents, adjusted, versus expectations of 30 cents Revenue:
A display at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Friday, Sept. 2, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — The business story of ChatGPT right now is more about what isn’t known. Big tech companies in the U.S. and China rushed this month to announce they are working on
MStudioImages | E+ | Getty Images If you’re looking for a relatively safe place for cash, Treasury bills have recently become more attractive, experts say. Backed by the U.S. government, Treasury bills, or T-bills, have terms ranging from four weeks up to 52 weeks, and investors receive interest when the asset matures. Over the past
The start line of the annual race in Golden Gate Park, San Francisco, was crowded. A rain delay had participants just waiting. I looked over at a woman next to me, and said “hello”. She was friendly and we had a conversation. When the announcer asked who was celebrating a birthday, we both raised our
For years, the IRS has made clear that their first contact with you will not be a text or email. But it turns out that it might be a knock on your door. Residents of Floyd County, Georgia, were shocked recently when they saw a man visiting homes claiming to be from the IRS. Several
Billionaire Russell Weiner, the creator of Rockstar Energy Drink, has listed his Park City, Utah home, Monitor’s Rest, with Engel & Völkers Park City for $50 million. Situated on 5 acres, the property is the most expensive home in Utah. From a Darwin Home Wellness Intelligence Network that regulates circadian rhythm lighting, monitors and calibrates
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it produced 133 battery-electric trucks in the fourth quarter, but delivered just 20 to dealers, generating revenue that fell well short of Wall Street’s expectations. Nikola said it made a series of
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