Prostock-Studio | Istock | Getty Images If you piled into Series I bonds over the past couple of years amid record-high yields, you may be eyeing an exit strategy as the rate declines. In May, annual I bond interest for new purchases dropped to 4.3% through October, down from 6.89% last November, based on cooling
Month: May 2023
Bernardbodo | Istock | Getty Images New government data shows inflation is cooling, and that means Social Security beneficiaries will likely see a lower cost-of-living adjustment next year. The Social Security cost-of-living adjustment for 2024 could be 3.1%, according to a new estimate from The Senior Citizens League. That’s well below the 8.7% increase to
Your spouse recently died leaving all her assets to you. Your attorney has assured you that no estate tax is due, but you still need to file an estate tax return. Do not overlook the importance of filing the return. It may save your family millions in estate taxes after your death. The estate tax
As cities continue wrestling with myriad problems, most noticeably empty office buildings due to increased working from home, urbanists Edward Glaeser and Carlo Ratti in the New York Times NYT propose a new role for cities—the “Playground City.” While they have some useful ideas, their analysis ignores economic, structural and equity problems facing cities which
Forbes Global Properties This 15th century castle set in the Tuscan countryside has an enduring place in the history of Florence, Italy. The Cavalcanti Castle was constructed around 1427 by a descendant of Guido Cavalcanti, a renowned poet and friend of writer-philosopher Dante Alighieri. When the castle was built there were no notable figures within
A display for a realtor with Coldwell Banker Dynasty TC, left, is displayed as she speaks with a potential homebuyer during an open house in Arcadia, California. Jonathan Alcorn | Bloomberg | Getty Images Mortgage rates fell slightly last week after the chairman of the Federal Reserve suggested a potential end to a historic string
In this article RKLB Follow your favorite stocksCREATE FREE ACCOUNT Electron rockets undergo preparation for launch. Rocket Lab Rocket Lab’s revenue increased slightly in the first quarter, but losses grew as well, as the spacecraft and launch company added a NASA contract and continued to invest in its future Neutron vehicle. The company reported a
Apple’s first physical retail store is located in the populous city of Mumbai. Punit Paranjpe | Afp | Getty Images Dimensional’s Matrix Book is an annual review of global returns that highlight the power of compound investing. It’s a fascinating document: you can look up the compounded growth rate of the S&P 500 for every year
Damir Khabirov After years of low returns, money market mutual funds have recently become more attractive, thanks to a series of interest rate hikes from the Federal Reserve. But some investors worry about increased risk as the debt ceiling debate intensifies. Money market funds — which are different than money market deposit accounts — typically
Tax Day might have passed, but some taxpayers may still have tax questions—it’s tax law, after all. To help taxpayers resolve outstanding issues and solve problems, the IRS will open IRS Taxpayer Assistance Centers (TACs) on Saturday, May 13, 2023, from 9 a.m. to 4 p.m. Normally, TACs are open on weekdays by appointment. These
With Tax Day in the rearview mirror for some (not including those of us on extension), fingers are crossed that IRS processing times may be getting back to normal. According to the IRS, all paper and electronic individual returns received before January 2023 have been processed. Additionally, the agency claims it is opening mail within
Tucker Carlson speaks during the Mathias Corvinus Collegium (MCC) Feszt on August 7, 2021 in Esztergom, Hungary. Janos Kummer | Getty Images News | Getty Images Tucker Carlson is back – on Twitter. The right wing TV personality said in a video on his Twitter feed Tuesday that he is relaunching his show on the
In this article SPCE Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of carrier aircraft VMS Eve, left, and spacecraft VSS Unity, at Spaceport America in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic is aiming to fly its first spaceflight in nearly two years later this month, but the company’s first
The first freight train on the Lancang-Mekong Express departs from Kunming in China on Jan. 10, 2022, headed for a 26-hour journey to Vientiane, capital of Laos. China News Service | China News Service | Getty Images BEIJING — In the last two years, China has announced the opening of new freight train lines, while
Amusement parks and road trips — this is this stuff many family vacations are made of. But a new survey shows parents increasingly want in on a trend that isn’t often aimed at families: wellness travel. A report published Thursday by the market intelligence company Morning Consult showed that parents, compared with others, showed
New college grads negotiating their first salary may be in for a rude awakening. In the midst of a historically strong job market, characterized by low unemployment, rising wages and a high degree of job-seeker confidence, those armed with a degree are feeling relatively good about their earning potential. In fact, today’s undergraduates expect to make $84,855
Forbes Global Properties On the outskirts of every great city across the world are the towns, villages and communities that complete the character of a region and, without whom, such cities perhaps would not be quite so great. Los Angeles has the sun-soaked coasts of Santa Monica and Malibu, Paris has the densely populated Levallois-Perret
The new Chairman of the House Ways and Means Committee Jason Smith (R-MO) recently held a hearing on charitable hospitals. The hearing continued a long bipartisan/bicameral interest of Congress in considering the substantial tax and spending benefits charitable hospitals receive from federal/state/local government — which unfortunately far outweigh the amount of charity care that these
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian Courtesy: Rivian Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. related
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, CEO of Airbnb speaking on CNBC’s Squawkbox on May 4th, 2023. CNBC Shares of Airbnb fell as much as 10% in extended trading Tuesday despite first-quarter earnings that beat analyst estimates on top and bottom line, as it offered slightly weaker-than-expected guidance and a cautious
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