This could be a very good year for one lucky winner of the fourth-largest jackpot in Mega Millions history. And yet, kicking off 2023 with $785 million could have a downside. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of
Month: January 2023
Valentinrussanov | E+ | Getty Images As the Federal Reserve continues to hike interest rates, you may assume you’re earning more on the money in your savings account. But that may not be the case. related investing news Three painful lessons for investors in 2022. How to put them to work in the new year
Is the Secure Act 2.0 a game-changer for retirement savings? A set of modest but real improvements? Or a costly giveaway to the rich? Yes, I’m late to the party in writing about this legislation, included in the omnibus spending bill signed by President Biden last week. Summaries of the key provisions can be found
Grace Perez-Navarro’s career at the OECD began unexpectedly — as many life-changing events do — with a quick, off-the-cuff decision she made on an otherwise routine day in the early 1990s. On that day, Perez-Navarro had settled into what she thought would be a long-haul career handling international tax matters at the IRS’s Chief Counsel
Exercise shows up on most New Year’s resolutions lists. Is it one of yours? If so, it may be a source of frustration as well as motivation. Getting to a gym doesn’t fit with your work or family schedule. Waiting on a piece of equipment feels like a colossal waste of time. You prefer your
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen and in the background, the HBO Max and Discovery Plus logos. Rafael Henrique | Lightrocket | Getty Images Warner Bros. Discovery has signed a deal with VideoAmp to measure its
Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Cameron Winklevoss, co-founder and president of digital currency exchange Gemini, accused the head of crypto conglomerate Digital Currency Group of engaging in “bad faith” tactics but insists he wants
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. China’s economy likely grew by just 3% in 2022, economists
There are pluses and minuses to moving anywhere far away from what you are used to; things you will gain and things you will give up. In this article, I’ll describe what you would have to give up if you moved to Mexico. I separated my list into two groups: things you will objectively have
A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images 2022 was a rough year for crypto. More than $1.3 trillion was wiped off the value of the market. And bitcoin, the world’s largest digital coin, saw its
Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012. The luxury market and
In this article TGT WMT Follow your favorite stocksCREATE FREE ACCOUNT A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in
Virtual singer Luo Tianyi performing with world renowned pianist Lang Lang in 2019 at the Mercedes-Benz Arena in Shanghai, China. Launched in 2012, Luo Tianyi has nearly 3 million fans and even performed at the Winter Olympics opening ceremony in Beijing this year. Visual China Group | Getty Images BEIJING — From customer service to
FatCamera | E+ | Getty Images Anyone without health insurance has about two weeks left to get 2023 coverage through the public marketplace — and subsidies could make it affordable. Open enrollment for the federal health care exchange runs through Jan. 15, with coverage taking effect Feb. 1. (If your state has its own exchange,
This is the year to pursue the dream: Quit your job and move to one of the cheapest (and best) places to live in the world, a country where it costs so little you might be able to stop working. For the past six years, I have been examining the cheapest countries to live around
When starting a business, it’s sometimes hard to know what to prioritize, and going at it alone can be overwhelming. But there are strategies you can use to avoid common pitfalls. My mission is to teach people how to earn money from their passions. It’s what I did: I went from living on food stamps
Every style comes back sooner or later, they say, and this may well be the year we reawaken our passion for the early-20th century style called Art Nouveau. Popular between 1890 and 1910 during the Belle Epoque period, the short-lived style quickly became wildly popular as a reaction the academic art, eclecticism and historicism of
In this article MDB VZ GOOGL PZZA STAA Follow your favorite stocksCREATE FREE ACCOUNT Source: Papa Johns We step into the new year with a largely unchanged macroeconomic backdrop and a recession waiting for us. However, investors can maintain a healthy portfolio if they keep a longer-term view, shutting out all the noise. In that context, we kickstart
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in more than half of all states have something to look forward to this year: a higher minimum wage.
As corporate finance professionals brace for a fresh set of twists and turns, 2023 is looking like it’s going to be just as disruptive as each of the previous three years. That’s an incredible, seemingly impossible, standard to reach, but with a coming economic downturn, new financial regulations in virtually every jurisdiction, and an emerging