MoMo Productions The following is an excerpt from “This week, your wallet,” an audio program produced by CNBC’s Personal Finance team. Listen to the latest episode here. Social Security is the largest federal program in the U.S. The vast majority of older Americans get Social Security benefits, which either partially or even fully fund their
Month: September 2023
Anyone, and I mean anyone, can become a 401(k) millionaire if given enough time. According to Fidelity, the number of 401(k) millionaires on their platform has grown an astounding 25% this year. That doesn’t include all retirement account millionaires (those combining assets in all their retirement accounts). Keep reading as we share the reasonably easy
Do you pay tax on your crypto gains? The IRS wants you to. Do you claim tax losses for your crypto losses? The IRS probably cares a less about that, but you are entitled to claim your tax losses too, which can lessen the tax bite on your gains. It is hard to believe that
In a recent study, we analyzed and identified the richest cities in New York state based on scoring several key financial factors. This time around, we’re looking at New York’s neighbor to the south — New Jersey, the Garden State. We analyzed over 700 cities in the state in order to identify the richest cities
In this article KR Follow your favorite stocksCREATE FREE ACCOUNT A customer shops in a Kroger grocery store on July 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Good news for consumers could be bad news for Kroger. As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are
FALMOUTH, MA – APRIL 8: Instacart shopper Loralyn Geggatt makes a delivery to a customer’s home during the COVID-19 pandemic in Falmouth, MA on April 7, 2020. Some Amazon, Instacart and other workers protested for better wages, hazard pay and sick time. (Photo by David L. Ryan/The Boston Globe via Getty Images) Boston Globe Instacart
In this article CNK AMC Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift pauses between songs during her first sold-out concert of three nights at AT&T Stadium in Arlington, Texas, in March. Fort Worth Star-telegram | Tribune News Service | Getty Images LOS ANGELES – Taylor Swift changed the music industry. Now she’s coming for
My family and I had big plans to go to Phoenixville, Pa., today to watch “My Big Fat Greek Wedding 3,” but with Pennsylvania State Police continuing to build a presence in our area, we opted to stay put. Law enforcement has steadily increased in Chester County as the manhunt continues for escaped killer Danelo
In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023. Jaap Arriens | Nurphoto | Getty Images Heather Le Biller shed 9 pounds within the first week of taking Novo Nordisk‘s blockbuster diabetes drug Ozempic – and
In this article WMT DELL HAS MDT VZ Follow your favorite stocksCREATE FREE ACCOUNT Verizon CEO Hans Vestberg on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. Brendan McDermid When markets get choppy, dividends offer investors’ portfolios some cushioning in the form of income. Dividends provide a
Xavier Lorenzo | Moment | Getty Images Not long ago, it was common to earn low returns on cash — less than 1%. But after the Federal Reserve embarked on a series of interest rate increases to tamp down inflation, that has changed. Now, investors may get as much as 5% or more interest on
When I saw the Ninth Circuit decision in the case of James Tarpey, something about it was familiar. It turns out that the opinion by Judge McKeown upholding a penalty of over $8 million dollars was the finale of a story I picked up on October 1, 2016 with Lawyer Subject To Injunction Defends Timeshare
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post | Getty Images The Federal Aviation Administration on Friday said Elon Musk’s SpaceX should keep its Starship Super Heavy rocket grounded, saying the company needs
In this article KR Follow your favorite stocksCREATE FREE ACCOUNT Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales. The settlement would allow for “full
Apple phones on display in an Apple store in Miami, Florida, May 4, 2023. Joe Raedle | Getty Images Check out the companies making headlines in premarket trading Thursday. Apple — Apple shares fell more than 2.6% after Bloomberg News reported China is planning to extend a ban on iPhone use to state-owned corporations. A
Apartment rents have been cooling off sharply for several months, and they look like they’re about to go negative compared with a year ago. Rents in August were just 0.28% higher than August 2022, according to real estate tech platform RealPage. Compare that to a year ago, when rents were posting 11% annual growth. With
In this article FSLR DOCU PL KR Follow your favorite stocksCREATE FREE ACCOUNT Traders work as screens display the trading information for Kroger Co and Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Check out the companies making headlines
In this article BLMN Follow your favorite stocksCREATE FREE ACCOUNT An Outback Steakhouse truck sits parked outside a restaurant in New York. Daniel Acker | Bloomberg | Getty Images Company: Bloomin’ Brands (BLMN) Business: Bloomin’ Brands owns and operates casual, upscale casual and fine dining restaurants in the United States and internationally. Its restaurant portfolio
Odilon Dimier | PhotoAlto | Getty Images Even though more students feel priced out of college entirely, there are efforts to improve access to higher education that seem to be working. In 2011, San Francisco made headlines when it became the first city in the nation to kick off a college savings account with $50
In an aerial view, burned cars and homes are seen in a neighborhood that was destroyed by a wildfire on August 18, 2023 in Lahaina, Hawaii. Justin Sullivan | Getty Images Widespread damage from Hawaii’s recent wildfires and Hurricane Idalia in Florida underscores the costly effects of natural disasters on small businesses. The total cost to
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