Month: April 2024

U.S. Securities and Exchange Commission chairman Gary Gensler testifies during a Senate Banking Committee hearing on Capitol Hill September 12, 2023 in Washington, DC. Drew Angerer | Getty Images The annual two-day “SEC Speaks” event kicked off Tuesday, offering clues to what the priorities will be for the Securities and Exchange Commission in the coming
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Halfpoint Images | Moment | Getty Images Some retirement savers can still snag an extra tax incentive for 2023. However, most eligible filers don’t claim it, according to the IRS. The retirement savings contribution credit, or “saver’s credit,” can help low- to moderate-income filers offset part of the funds added to an individual retirement account,
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John Bogle once said index funds would never compromise more than half of the total mutual fund market. That was years ago. Morningstar MORN recently reported the total value of passively managed funds has surpassed actively managed mutual fund assets. Some are expecting index funds to top 70% of total mutual fund assets within the
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In this article EDR SLR-AU Follow your favorite stocksCREATE FREE ACCOUNT Ariel Emanuel, Chief Executive Officer, Endeavor, at the New York Stock Exchange, April 29, 2021. Source: NYSE Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share. Endeavor’s stock rose more than 2% Tuesday afternoon
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My friend and occasional sparring partner Teresa Ghilarducci Tweeted out her most recent op-ed with the subtitle, “Andrew Biggs is wrong about America’s retirement crisis.” As long as they spell your name right, I guess. If only it were so, for Teresa’s sake and for the Senator her op-ed defends, Vermont’s Bernie Sanders. Because it
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Singapore topped the list on the Economist Intelligence Unit’s business environment ranking. franckreporter | E+ | Getty Images Singapore, Denmark and U.S. are the best places in the world to conduct business, according to the Economist Intelligence Unit business environment ranking. “Singapore will remain the best geography in the world to do business, as it
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Mstudioimages | E+ | Getty Images Social Security beneficiaries who owe money to the Social Security Administration may see much lower default withholding rates from their monthly checks, thanks to new policies that are going into effect. As of March 25, the Social Security Administration will no longer collect 100% of a total monthly Social
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In this article KSS TGT M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s hasn’t yet shut the approximately 150 stores it plans to close. But retail competitors already smell opportunity. In recent interviews with CNBC, Target CEO Brian Cornell and Kohl’s CEO Tom Kingsbury said the department store’s decision to shrink its footprint gives them
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In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Investor demand for exchange-traded funds is not slowing down, and firms without ETF offerings may risk losing business, according to one Goldman Sachs expert.  Steve Sachs, global chief operating officer of Goldman’s ETF Accelerator, notes that despite the time and resources required to launch an ETF,
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Amid arguably the worst year to apply for financial aid, some colleges are implementing new strategies to entice students wary of the high cost.    Vanderbilt University announced it is expanding Opportunity Vanderbilt to include full-tuition scholarships to students of families with an annual income of $150,000 or less. Meanwhile, Dartmouth also said it is nearly
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