With the regularity of Halley’s comet, but more frequent, the myth of the Greedy Geezer circles our orbit. The latest is the New York Times columnist Peter Coy and well-respected economist C. Eugene Steuerle and Glenn Kramon former editor of the New York Times implying a dollar taken away from the old go to the
Month: October 2023
Considering how soon Halloween comes after October 15 (October 16 in 2023), the extended due date for individual returns, having a tax horror story now seems really appropriate. The horror story came out on October 24 with the Eleventh Circuit decision in the case of Lee v US. Dr. Wayne Lee seemed to have done
In this article WBA CVS Follow your favorite stocksCREATE FREE ACCOUNT A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out next week in the latest pushback against what they
In this article TSLA SLB AMZN NVDA NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is seen on a TV remote controller in this illustration taken Jan. 20, 2022. Dado Ruvic | Reuters As the earnings season rolls on, investors are getting a glimpse into how companies are handling an array of macro
President Joe Biden delivers remarks on new efforts to cancel student loan debt at the White House on Oct. 4, 2023. Kevin Dietsch | Getty Images President Joe Biden’s plans to cancel up to $400 billion in student debt for tens of millions of Americans were foiled over the summer at the Supreme Court. Still,
Across the financial landscape—the industry, the media, the blogosphere, the DIY community—virtually all attention is paid to attaining and sustaining wealth. You’ll find more than you’ll ever need or want on saving, investing, and insuring, but then what? It seems the presumption is that once you hit your number, or someone else’s, the game is
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Majors, and his girlfriend, Meagan Good, flanked by his lawyer Priya Chaudhry (R), arrive to Manhattan Criminal court for his pre trial hearing on August 03, 2023 in New York City. Alexi Rosenfeld | Getty Images Disney on Friday said it was pulling troubled
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT A general view of the “SUPER NINTENDO WORLD” entrance at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Comcast topped both revenue and profit estimates in the third quarter as the company added
The Xiaomi HyperOS logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to develop its ecosystem with the imminent release of its own car. Xiaomi shares rose more than 1% in Hong
People wait in line for a meal served by Queens Together, local restaurants and The First Baptist Church with help of Northwell Health and Ponce Bank in New York on May 6, 2023. Selcuk Acar | Anadolu Agency | Getty Images The share of U.S. households facing hunger is rising at an alarming pace. Nearly 13%
If you are eligible for a company 401(k) plan, but haven’t signed up because you can’t afford to contribute to the 401(k), I have two questions for you: Does the plan have a match? And, do you get a tax refund? If so, we need to talk. I’d also like to talk with all of
In this article SAVE Follow your favorite stocksCREATE FREE ACCOUNT A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver on Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Spirit Airlines will suspend training for new pilots and flight attendants next month “until further notice,” according to company memos, as
In this article BMY Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Bristol Myers Squibb on Thursday reported quarterly adjusted earnings that topped expectations and posted revenue in line with estimates, even as sales of the company’s popular blood cancer drug Revlimid plummeted due to generic competition. Bristol Myers, one of the world’s
Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of high interest rates and an aversion to risk taking are preventing too many people from taking a “lifetime opportunity” in the stock market. “Some of these stocks — how do you pass them up? I
No-mad | Istock | Getty Images The United Auto Workers union has brought new attention to the idea of a 32-hour workweek as part of its strike demands. Turns out, most workers would embrace a shorter workweek. A recent Bankrate survey found 81% of full-time workers want a four-day workweek. That goes particularly for younger
A new survey by the Nationwide Retirement Institute® confirms what many of us already suspected – inflation can be bad for your health, especially in retirement. According to the survey, inflation is forcing Americans to delay medical care and downgrade health insurance. In fact, more than half of respondents (59 percent) say they lack confidence
For college students and those nearing graduation, it’s common to think about the future, including their career. Every year, undergrads call, email, and communicate with me on social media to ask for advice. They’re typically focused on finding their first full-time paying job. While gaining employment and becoming self-sustaining is essential to cover living expenses,
In this article PEP KO Follow your favorite stocksCREATE FREE ACCOUNT Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana. Luke Sharrett | Bloomberg | Getty Images Coca-Cola and PepsiCo‘s rivalry spans decades, but Coke usually comes out on top. This quarter was no different. The beverage
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images Southwest Airlines said Thursday it plans to slow its capacity growth next year, citing moderating travel demand as booking patterns
In this article CFG PNC Follow your favorite stocksCREATE FREE ACCOUNT Customers at a Safeway store in San Francisco. Getty Images American banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid the industry’s profit squeeze and customers’ migration to digital channels. Banks closed 10.7% of
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