With major media reporting that lawmakers are interested in upping the retirement age, you’d be right to ask yourself, “Why is this being discussed?” While Congress may concern itself primarily with the Social Security retirement age, raising that age will have ramifications for all workers. At the very least, it will force a realization that
Month: March 2023
If he’s re-elected President, Donald Trump proposes building ten brand-new “freedom cities” on federal land. But waving a magic wand isn’t how cities develop. America neglects its existing cities, and any urban funding should go to help with their many needs. Trump’s “freedom cities” idea doesn’t have much detail. In a campaign video, Trump said
Share to Facebook Share to Twitter Share to Linkedin Is inflation scrambling your nest egg? If so, you’re not alone. The market’s been weak since inflation kicked into high gear in the second half of 2021. More than a year later, we’re still struggling with extreme price increases and reduced balances in our brokerage accounts
General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, U.S., March 2, 2023. Alan Freed | Reuters The National Transportation Safety Board on Tuesday said it opened a special investigation into Norfolk Southern after recent derailments. The special probe will look into the company’s organization and
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted by a diverse slate of products that cater to kids and adults alike. On Tuesday, the privately held Danish
In this article MAXN CRCT SFIX CRWD Follow your favorite stocksCREATE FREE ACCOUNT The Stitch Fix application for download in the Apple App Store on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after the bell. CrowdStrike — The global cybersecurity company’s shares were up 6% after its
D3sign | Moment | Getty Images The April 18 federal tax deadline is only six weeks away, and if you haven’t filed yet, you may qualify for free preparation. While many prefer a paid preparer, free filing options may be worth exploring for simple returns, such as filings with only a couple of W-2 forms,
Getty Images Moving in retirement can unlock a big pot of money to help fund those post-work years. In 2019, the typical homeowner age 60 or older who sold their home and relocated to a cheaper housing market accessed nearly $100,000 in home equity, according to new research published by Vanguard Group. The typical person
For many people in their early careers, saving for retirement is low on the list of priorities. It can be tough to set aside money when there are more pressing bills to pay, such as student loan debt or childcare. People in their 20s and 30s are often working up to their full earning potential,
Tony Santiago of TaxSearch Inc. discusses how the tax profession is changing and offers advice on developing future tax leaders. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: changing of the guard. The tax
Forbes Global Properties At different points along its dramatic coastal landscape on the southern tip of the Baja California peninsula, the popular western Mexico region known as Los Cabos can change from sprawling beachfront to towering mountainside to tranquil desert terrain in a matter of a few miles. This tendency to transform extends beyond just
In this article BKSY Follow your favorite stocksCREATE FREE ACCOUNT BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses and securing an additional military contract. “2022 was a foundational year for BlackSky,” CEO Brian O’Toole said in
In this article DKS Follow your favorite stocksCREATE FREE ACCOUNT A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday-quarter results that beat Wall Street’s expectations, citing a sales boost from the gift-giving season even with
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell will address the Senate Banking, Housing and Urban Affairs Committee on Tuesday morning. Powell’s remarks come with the central bank weighing the future of monetary
While the thought of funding your retirement adequately might be daunting, if you start planning now you’ll certainly be thankful later. It also might not be as difficult as you think. Retirement usually entails replacing your onetime annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may
We tend not to think about plumbing matters unless there’s a problem or we’re planning a new construction or remodeling project. In recent years though, there have been quite a few headline-grabbing, sometimes catastrophic, water and plumbing system-related problems impacting communities and households across the country. These have included the Flint, Michigan water crisis, the
Actor Alec Baldwin departs his home, as he will be charged with involuntary manslaughter for the fatal shooting of cinematographer Halyna Hutchins on the set of the movie “Rust”, in New York, January 31, 2023. David Dee Delgado | Reuters It’s been just over a month since New Mexico authorities charged Alec Baldwin with manslaughter
In this article DPZ EMR RH BMRN SNAP AAPL CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in midday trading. An Apple store on Nanjing Road Pedestrian Street in Shanghai, China, on December 16, 2022. CFOTO | Future Publishing | Getty Images Snap — The tech company’s shares gained almost
Demonstrators in favor of canceling student debt gather outside the U.S. Supreme Court in Washington, D.C., on Feb. 28, 2023. Bloomberg | Bloomberg | Getty Images As the Supreme Court deliberates whether or not to allow the Biden administration’s student loan forgiveness plan to go through, tens of millions of Americans are stuck in an
In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Hours after a28-carNorfolk Southern train derailed Saturday in Springfield, Ohio — the third incident for the freight railroad in just over a month, including the toxic disaster in East Palestine, Ohio — internal emails show railroad officials making broad safety adjustments for rail cars. An
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