Introduction Who you name as beneficiary is obviously fundamental to carrying out your dispositive wishes. How your legal documents (will, revocable trusts, irrevocable trusts, beneficiary designations) use words like “child,” “descendant,” and “issue,” is critical to assure that the people you want included are included, and those you may not wish included are not. How
Month: August 2023
How concerned should policymakers and their constituents be about Fitch Ratings Agency’s decision to downgrade the United States credit rating from AAA to AA+ last week? The White House brushed it off, saying Fitch “defies reality” to downgrade U.S. credit at a time when the country is experiencing “the strongest recovery of any major economy
In this article RDW Follow your favorite stocksCREATE FREE ACCOUNT A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021. Source: NYSE Space infrastructure company Redwire said Monday that it nearly erased its net losses during the second quarter and further grew its contract backlog. Redwire brought in $60.1 million
Beyond Meat’s Cookout Classic value pack. Beyond Meat Check out the companies making headlines in after-hours trading. Chegg — Shares soared more than 25% after the educational tech company posted quarterly results. Chegg notched second-quarter revenue of $183 million, while analysts polled by Refinitiv had expected $177 million. Hims & Hers Health — Stock in
The Mega Millions jackpot hit a record $1.55 billion on Aug. 7, 2023. VIEW press | Getty The Mega Millions jackpot has ballooned to an estimated $1.55 billion after months without a winner. One of the many choices the winner will make is whether to take the one-time lump sum or 30 annuitized payments. The
My husband is buying a new car today. He considered buying a new electric vehicle (EV) but ultimately opted not to—another model caught his eye. But increasingly, consumers are opting in—in 2022, more than 750,000 new EVs were registered in the U.S. With a whopping 13.4 million light vehicles sold in the U.S. last year,
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT When Dr. Tra’chella Johnson Foy greets her patients, she sits across from them facing away from the computer in the exam room. Then, she pulls out her phone, and asks for permission to record the appointment. “It listens in on our visit so I can
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, Berkshire Hathaway CEO and chairman. Cnbc | Nbcuniversal | Getty Images Berkshire Hathaway shares rallied to a record high Monday following a strong quarterly report that showed a rebound in insurance operations as well as a massive cash hoard that swelled to nearly $150
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s
Credit cards are one of the most expensive ways to borrow money from month to month, and yet many Americans continue to take on ever-increasing amounts of this debt. On the heels of another rate hike by the Federal Reserve, the average credit card rate is now more than 20% on average, an all-time high, making it
“The I-9 requirement is probably the most overlooked form that really small, trying-to-do-it-themselves employers miss,” says Catherine Madeley, a CPA in Austin, Texas. U.S. Citizenship and Immigration Services released a new version of the I-9 on August 1. Temporary rules for remotely verifying employee identities that were implemented during the Covid-19 pandemic ended on July
In this article FSR Follow your favorite stocksCREATE FREE ACCOUNT Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Friday reported a second-quarter loss that was narrower than expected, despite struggling to get the electric Ocean SUV into full production during the period
During the pandemic, taxpayers saw photos from the IRS cafeteria in Austin, Texas, showing racks and racks of paper filling a room not generally used for storage. It was a glimpse of the tens of millions of pieces of paper that require manual processing at the IRS. But, IRS Commissioner Danny Werfel said, “It’s time
Affirmative action supporters and counterprotesters shout at each other outside the U.S. Supreme Court building in Washington, D.C., June 29, 2023. Kent Nishimura | Los Angeles Times | Getty Images Even before the Supreme Court‘s ruling on affirmative action policies in college admissions, the nation’s top business leaders expressed concern over how the decision could
The Tomohon Extreme Market was once a top tourist attraction in the Indonesian province of North Sulawesi — a live animal market filled with everything from fileted pythons to skewered bats and rats. But the market drew international condemnation in 2018 after animal activists shot videos of dogs and cats being brutally beaten and blowtorched
There’s no denying automation will eliminate certain jobs in the coming years. But as companies adopt robots on manufacturing floors, in kitchens and on delivery routes, workers have a growing opportunity to join the ranks in helping to build and implement the technology. Both humanoid and nonhumanoid robots are set to reduce employment in the
In this article GM MSFT SPOT META DPZ Follow your favorite stocksCREATE FREE ACCOUNT The Spotify logo on the New York Stock Exchange, April 3, 2018. Lucas Jackson | Reuters With markets facing pressure at least in the short term, investors should try to build a portfolio of stocks that can weather the storm and
Writers Guild of America and Screen Actors Guild members and supporters on a picket line outside Paramount Studios in Los Angeles on July 17, 2023. Bloomberg | Bloomberg | Getty Images The recent wave of worker strikes have ushered in a new era: the “summer of strikes,” also known as hot strike summer. Employees at
“Remember, today is the tomorrow you worried about yesterday.” Those words of early personal development sage, Dale Carnegie, spun around in my brain, and then it hit me: This is the reason financial planning stresses people out. So much of financial planning is unknown, even unknowable. It has such a future orientation that it’s hard
The Domain Precinct of Melbourne, Australia, is at once chic, historic, urban and affluent. A sought-after part of South Yarra, an in-city suburb about 4 kilometers from the central business district, the tree-lined area is made up of “a large variety of heritage style and terrace homes that bring a wonderful character,” says Robert Fletcher
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