Alistair Berg | Digitalvision | Getty Images The following is an excerpt from “This week, your wallet,” a weekly audio show on Twitter produced by CNBC’s Personal Finance team. Listen to the latest episode here. Americans are living longer — and it’s changing the nature of retirement planning. The classic retirement framework aims for seniors
Month: April 2023
Entertainer and business success Beyoncé Knowles-Carter—known to fans as Beyoncé or Queen Bey—has filed a petition in U.S. Tax Court contesting nearly $2.7 million in tax and penalties. The April 17, 2023, petition asks the court to reconsider additional tax and penalties assessed by the IRS in a January 18, 2023, Notice of Deficiency. Amounts
Comparisons between dating and real estate are often made, and when it comes to first impressions the similarities are certainly present—both the suitor and the agent must be pleasant, polite and it doesn’t hurt to be charming. Like a date, a broker’s aim after a first meeting is to win their client’s confidence. The means
In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its first-quarter results after the bell on Tuesday. Here’s what Wall Street
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT WASHINGTON, DC – DECEMBER 11: Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. The committee held a hearing on ‘Transparency & Accountability: Examining Google and its Data Collection, Use and
In this article ENPH V GOOGL CMG PACW MSFT Follow your favorite stocksCREATE FREE ACCOUNT 3,760 Enphase microinverters will power the drying and storage of more than 50,000 tons of California rice at Strain Ranch in Arbuckle, Calif., Tuesday, Feb. 19, 2013. Alison Yin | AP Check out the companies making headlines in extended trading.
Republican Sen. Bill Cassidy of Louisiana speaks to the press on Capitol Hill on Feb. 10, 2021. Nicholas Kamm | AFP | Getty Images Social Security’s trust funds have a new projected depletion date that is about a decade away. Sen. Bill Cassidy, R-La., revealed during a Tuesday webcast hosted by the Bipartisan Policy Center
JGI/Jamie Grill After years of relatively low yields, certificates of deposit, or CDs, have recently shelled out higher rates, following a series of interest rate hikes from the Federal Reserve. While there’s uncertainty around the Fed’s future moves and the direction of interest rates, experts say CD ladders may capture higher yields while offering flexibility.
The SECURE Act 2.0, passed in the very last week of 2022, has provided a few opportunities regarding tax-sheltered savings vehicles and how we use them. Most people have already heard about the Required Beginning Date (RBD) for Required Minimum Distributions (RMD) being pushed out to age 73, for those born before 1960 who have
The dispute between certain owners of interests in low income housing projects and not for profit sponsors has taken an ugly turn. AMTAX Holdings 227, LLC has filed suit in the United States District Court for the Southern District of New York against accounting firm CohnReznick LLC. CohnReznick is a top twenty firm. According to
After the homebuying hysteria of 2021 and the first half of 2022 was cooled off by rising interest rates, one of the knock-on effects has been an increase in the cost of rent. This is understandable as rising mortgage rates pushed homeownership beyond affordability for many Americans, who then in turn, have resorted to renting.
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s customers are pushing back against higher prices in some markets and adding fewer menu items to their orders, CEO Chris Kempczinski said Tuesday. Shares of McDonald’s fell slightly Tuesday, but the stock hit a new 52-week high. McDonald’s is up about 10% so far
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Microsoft will report fiscal third-quarter earnings after the close of regular trading Tuesday. Here
A Commodity Futures Trading Commission official said Tuesday that she hopes to find a “path forward” in the regulator’s legal battle with crypto exchange Binance, noting that no decision has been taken yet on whether to settle the case or take it to court. Kristin N. Johnson, commissioner at the CFTC, said that the regulator
Peter Lynch (L), Fidelity Funds Advisory Board Member. Peter Lynch (L), vice chairman of Fidelity Management and Research Co Legendary investor Peter Lynch has one of the best investing records under his belt, but he still has regrets for not buying into some of the biggest tech companies in recent years. The former Fidelity Magellan
At the country’s top colleges, the most recent application season was the most competitive on record, but for some students, getting accepted was the easy part. The biggest problem that remains is how they will afford to go. To that end, The Princeton Review ranked colleges by how much financial aid is awarded and how satisfied students are with
Covid turned many Americans into homebodies, according to the Research Institute for Cooking and Kitchen Intelligence. In its recently released “RICKI 2022 Changes Driven by the Pandemic” survey sent to more than 1,000 homeowners, the research consultancy sought to learn how respondents’ pandemic experiences impacted their relationships with their homes, especially in the kitchen, what
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT Store closing sale announcement at a Bed Bath & Beyond indoor mall in northern Idaho. Don & Melinda Crawford | Universal Images Group | Getty Images Bed Bath & Beyond is confident it can offload its names and stores after it declared bankruptcy, but shareholders
Standard Chartered‘s chief executive warned Monday that the banking sector may face fresh issues, even as the immediate risks from last month’s market turmoil have subsided. Bill Winters said other issues could “come home to roost in some form of a crisis” as imbalances in some banks are exposed. “I think we can put the
In this article UAL AAL TSLA NFLX SHOP-CA LYFT Follow your favorite stocksCREATE FREE ACCOUNT Okrasyuk | Istock | Getty Images Losing your job can be devastating financially and emotionally. Unfortunately, tens of thousands of people are experiencing that firsthand as the number of companies reducing their headcounts mount. This week, job cuts at Disney
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