freemixer | E+ | Getty Images If you’re like most Americans, you do not have a formal plan for what will happen to your assets when you die. Just 46% of Americans have made provisions for how their money and estate should be handled, a 2021 Gallup poll found. Those results have been more or
Month: January 2022
Searching for RMD Tables Online? If you do an online search for the new RMD (Required Minimum Distribution) tables to use to calculate your 2022 RMD, you might find yourself running in circles. Where, just where, are those 2022 tables? The online searches I tried today take you to the old tables, even if you specifically search
One of the trends that emerged at the start of the pandemic was people doing more bulk shopping to reduce trips to the store. That led to a rush on chest freezers to store frozen food and to a desire for larger, more functional pantries in the frenzy of remodels that followed lockdowns. The latest
Many poorer states, especially in the South, have always had higher rates of obesity and smoking than states in the Northeast and on the West Coast. Here, a doctor listens to a patient’s heartbeat in Jackson, Kentucky. Luke Sharrett | The Washington Post | Getty Images What a difference a new president makes. Enrollment in
Let me suggest two excellent money moves. You’ll enjoy tax deferral — inside buildup in which the asset-income you earn on your balances accumulate tax-free. You also get to time your IRA withdrawals to years when your marginal tax bracket is low. Like many, if not most, Americans, you probably are holding much of your
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Activision Blizzard — The
In this article GS People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second year of a deal-making and trading boom. That’s what Goldman Sachs CEO David Solomon conceded
Margaret Bailey, pictured with her son, works hybrid, spending some time at home and some time in the office. Source: Margaret Bailey The ability to work remotely has been a lifeline for Margaret Bailey during the Covid-19 pandemic. Bailey, the mother of two young children, splits her time between home and the office as vice
Getty Images Millions of Americans are taking a step back and rethinking their work lives amid the “Great Resignation” and ongoing coronavirus pandemic. A record 4.5 million people quit their jobs In November, according to data from the U.S. Department of Labor, continuing a trend of workers leaving employers in droves. Some of those workers
The Chicago Teachers Pension Fund says it hired BDO USA, LLP to conduct a so-called forensic audit. While the pension claims to “operate transparently,” in response to an Illinois FOIA request it produced a redacted copy of the contract with BDO which failed to disclose critical information regarding the cost and scope of the forensic
During the first half of next year, New York City will welcome a new consumer-facing listing portal, called CitySnap. Piloted by the Real Estate Board of New York (REBNY), CitySnap brings a long-awaited challenge to the ongoing dominance of StreetEasy. How it will fare remains to be seen, but it is extremely well-funded and many
In this article CSG.N-CH BABA ME CTXS GS GPS Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company’s cloud unit to see if it poses a risk to US national security. The probe
In this article GS GSBD David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs on Tuesday posted fourth-quarter profit below analysts’ expectations as the bank’s operating expenses surged 23% on higher pay for Wall
A rate lock is a commitment by a mortgage lender to lend a stated amount to a specified borrower posting a specified property as collateral, at a stipulated interest rate and points. An important proviso is that the loan must be closed within a specified “lock period”, which is usually 15 to 60 days. The
The arrival of the pandemic almost two years ago exerted a seismic impact on home sales. Almost overnight, many who had been living in apartments and condos wanted out of cities and into the wide-open spaces of single-family homes, where they could home school and work from a den. That sent house prices soaring, while
Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. During a 90-minute episode, Palihapitiya told co-host Jason Calacanis on their “All-In”
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, January 12, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night as traders braced for the latest batch of corporate earnings reports. Futures tied to the Dow Jones Industrial Average ticked higher by 4 points, or
Justin Lin, director of the profitable Fast & Furious movie franchise, has put his historic penthouse in downtown Los Angeles on the market for $7 million. Originally built in 1925 as the West Coast headquarters of Nabisco, Lin’s building was converted to a live/work community in 2007. For the last few years, Lin has used
A woman is getting a Covid-19 test at a drive through Covid-19 testing center as hundreds of cars and pedestrians line up to get Covid-19 test before Christmas holiday season in North Bergen of New Jersey, United States on December 22, 2021 as Omicron rises around the country. Tayfun Coskun | Anadolu Agency | Getty
In this article F A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year deal aimed at bolstering the automotive giant’s e-commerce strategy. Ford Motor
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