In this article BAYRY Follow your favorite stocksCREATE FREE ACCOUNT Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany. Wolfgang Rattay | Reuters Company: Bayer AG (BAYRY) Business: Bayer AG is a 55-billion euro German multinational pharmaceutical and biotechnology company. It operates through
Month: January 2023
Mstudioimages | E+ | Getty Images To maintain your standard of living in retirement, the rule of thumb is you need to be able to replace at least 70% of the income you had while you were working. But many retirees fall short of that retirement income goal, according to research from Goldman Sachs Asset
Data security has been increased for tax returns, credit cards, and other traditional targets of cyber thieves. Now, the online thieves are making sophisticated attacks on employer retirement plans and the accounts in the plans. Data security at retirement plans varies, and the security can be breached several different ways. The cyber thieves probe to
Floyd Mayweather, boxer and entertainment entrepreneur, will not be further fighting an IRS assessment of $5,549,675 in tax and an accuracy penalty of $1,109,935 for the year 2017. About Mayweather On Forbes We tax writers sometimes find celebrity tax stories irresistible, even when they are not that interesting as tax stories. You can read an
The median home-sale price increased 0.9% from a year earlier to $350,250 during the four weeks ending January 15, the biggest increase in a month, according to a new report from Redfin, a technology-powered real estate brokerage. Prices remain elevated because buyer activity has started to pick up as mortgage rates decline due to slowing
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond is bulking up its team of legal advisors as the troubled retailer preps a
Federal Reserve Governor Christopher Waller said Friday he favors a quarter percentage point interest rate increase at the next meeting, as he waits for more evidence that inflation is heading in the right direction. Confirming market expectations, the central bank official said during a Council on Foreign Relations event in New York that the Fed
LeBron James game-worn jersey from the athletes NBA finals game 7 victory over the Miami Heat in 2013, is on display during a press preview at Sotheby’s auction House on January 20, 2023, in New York City. Angela Weiss | Afp | Getty Images Sotheby’s is listing an iconic jersey worn by LeBron James during
Iona Studio | Istock | Getty Images More people in the U.S. are deciding to hold off on medical care for financial reasons. The share of Americans who say they or a family member delayed medical treatment due to cost rose to 38% in 2022 from 26% in 2021, according to the results of a
Share to Facebook Share to Twitter Share to Linkedin Inflation plus rising interest rates on your variable debt may be putting the squeeze on your budget. There are two ways out of that problem: Lower your spending or raise your income. If you have cash available to invest, high-yield dividend stocks can be a nice
Congressman Earl (Buddy) Carter (R-GA) has introduced the FairTax Act of 2023 (FTA23). Much of the commentary on the bill, including mine, has been about whether it is a good idea and the politics surrounding its introduction. The “Fair Tax” has been tinged by the fact that its underlying concept – replacing income, estate, gift
Each year brings new real estate undertakings that prove transformative not only for those who will inhabit them, but for the metropolitan enclaves surrounding them. These projects may be residential or commercial or – with increasing likelihood — mixed-use. They might be transit-oriented developments, adaptive reuse efforts or mega-projects that deliver diversity and improved opportunity
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors and LG Energy Solution
A pedestrian strolls on the Google campus in Mountain View, California, on Jan. 27, 2022. David Paul Morris/Bloomberg via Getty Images Google is delaying full year-end bonus checks by a few months, simultaneously demonstrating a keystone tenet of household finance: Don’t count on money you don’t have in hand. “If you know money’s coming down
Allison Michael Orenstein | Getty Images Social Security recipients are just starting to see the record 8.7% cost-of-living adjustment in their monthly checks. But come tax time, they could see surprises resulting from last year’s 5.9% increase, which at the time was the biggest COLA in four decades. Last year’s 5.9% cost-of-living adjustment was like
Many people often wait until December to withdraw their required minimum distribution (RMD) from their IRAs and 401(k) accounts. While that may have worked for them in prior years, 2022 offered a hard lesson in why it may be better to be more proactive. Background The IRS requires certain retirees to withdraw minimum amounts each
The inability of Congress to include key tax extenders in the Consolidated Appropriations Act of 2023, signed into law on December 29, 2022, will increase the federal income tax bill for the majority of U.S. businesses. Coming into the new year, business owners likely breathed a sigh of relief that no major tax legislation was
On June 2021 I wrote a post here titled “3 Reasons Why The Real Estate Boom Is Not A Bubble.” At the time, a lingering deficit of housing units was pushing up housing prices but the combination of low rates, healthy savings and strong income made it still quite affordable to buy a home. The
Vice Media offices display the Vice logo in Venice, California. Mario Tama | Getty Images Vice Media is restarting its sale process after earlier interested bidders balked at the initial price tag, according to people familiar with the situation. The digital media company, which was valued at $5.7 billion in 2017, is now likely to
A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines before the bell: Netflix — The streaming stock
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