US President Joe Biden speaks about strengthening US ports and supply chains after the International Longshore and Warehouse Union and the Pacific Maritime Association finalized a new contract covering west coast ports, in the State Dining Room of the White House in Washington, DC, on September 6, 2023. Jim Watson | Afp | Getty Images
Month: December 2023
GlobalStock | Getty Images Workers who turn 62 years old might be tempted to increase their income by claiming Social Security retirement benefits. But those claimants should understand that their Social Security benefits may be temporarily reduced due to the income they earn. That Social Security rule — the retirement earnings test — is “poorly
You aren’t alone if you are missing some retirement account assets. Sadly, many have forgotten old 401(k)s or other retirement plan assets. According to Capitalize, a company specializing in 401(k) rollovers, a shocking 20% of all 401(k) assets in the US were in forgotten accounts at the end of 2021. The days of working for
In this article CMCSA PARA DIS WBD Follow your favorite stocksCREATE FREE ACCOUNT The Grinch Source: Universal Studios It’s human nature for a new year to bring optimism and hope. For executives, investors and employees in the entertainment and telecommunications industries, 2024 is set to disappoint. Maybe that’s too grinchy. Some things will get better.
BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC BEIJING — Tesla cut prices for its electric cars in China by more than BYD did for its flagship Han sedan, according to analysis Wednesday from U.S.-based firm
Demonstrators gather during a protest against the expiration of the eviction moratorium outside of the U.S. Capitol in Washington, D.C., U.S., on Sunday, Aug. 1, 2021. Stefanie Reynolds | Bloomberg | Getty Images Renters burdened by unaffordable housing costs may be at a higher risk of dying sooner, according to a new study published in
A New Year’s resolution is a promise to yourself to do something good in the year ahead. If you are over 65 and retiring or losing your job in the near future, here is one resolution you must make. Resolve to enroll in Medicare Part B, medical insurance. I sense there are some skeptics out
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines ranked as the second best domestic airline, according to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Images | Getty Images Southwest Airlines and its pilots’ union have reached a new preliminary labor agreement, ending months of tense negotiations. Southwest is the last of
In this article FDX Follow your favorite stocksCREATE FREE ACCOUNT A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023. Vcg | Visual China Group | Getty Images FedEx shares tumbled 8% in after-hours trading Tuesday after the package delivery giant lowered its revenue forecast as weaker demand hit sales.
Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the Swiss National Bank (SNB), Marlene Amstad, chairperson of the Swiss Financial Market Supervisory Authority (FINMA), left to right, during a news conference in Bern, Switzerland, on
Catherine Falls Commercial | Moment | Getty Images The page has almost turned on 2023 — and that means time is running out to make certain tax moves by year’s end, or else risk missing out on their benefits. Here are some tax strategies to consider before ringing in the new year, according to advisors
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Target’s shuttered small-format store on Folsom Street in San Francisco’s SoMa neighborhood, November 2023. Gabrielle Fonrouge On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them
Patronus AI cofounders Anand Kannappan and Rebecca Qian Patronus AI Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. Even the best-performing AI model configuration they tested, OpenAI’s GPT-4-Turbo, when armed with
Klaus Vedfelt | Digitalvision | Getty Images As the new year approaches, building wealth is a top priority for “hardworking” middle-class Americans, according to a new survey from investing app Stash. Despite political and social issues, money was the No. 1 concern for most respondents, who were polled during the first two weeks in October
Morsa Images | Getty Images Inflation has given millions of people new access to certain investments earmarked for the wealthy — and consumer advocates argue that’s not a good thing. Americans must generally be “accredited” to invest in private companies and investments such as private equity and hedge funds. That accredited status is a consumer
Fund retirement accounts. Give to charity. Harvest losses. Get energy efficient. Here are some strategies to shrink your taxes for 2023–and beyond. By Kelly Phillips Erb, Forbes Staff With only a couple of weeks until the end of the tax year, your options for making a big dent in your 2023 tax bill are limited.
In this article BP.-GB HLAG-DE Follow your favorite stocksCREATE FREE ACCOUNT A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on October 10, 2019. Khaled Desouki | AFP | Getty Images Attacks by Iran-backed Houthi militants on ships
It’s been a stellar year for the travel industry, according to Morning Consult. The market research company, in a new report entitled “2023 Holiday Travel Trends,” summarized the year by stating: “leisure volume soared, airplanes were packed, and hotel bookings were high.” But heading into the year-end peak travel season, consumers are showing increased price
Scott Olson | Getty The Powerball jackpot has jumped to an estimated $543 million without a winner from Saturday night’s drawing. It’s the fourth Powerball jackpot to rise above half a billion dollars in 2023, and there are two grand prize options: a lump sum payout of $272.2 million or an annuitized payout of $543
Let’s say you just had your 50th birthday party. Can you still retire a millionaire? Retiring a millionaire is quite simple, but it’s not easy. Otherwise, we’d see millions more people reaching financial freedom. Here is the basic math to achieve millionaire status – to help you see what you need to do daily, monthly,
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