Despite the pandemic, many Gen Z’ers are graduating from college and setting their course for success. This is a generation of young people who know what they want out of life and have the financial literacy tools – from podcasts to online platforms – to save for retirement, maximize their savings and achieve their goals.
This episode of What’s Ahead warns that money-hungry congressional Democrats are looking for ways to loot personal retirement accounts. They claim they’re appalled that some 30,000 IRAs have more than $5 million in assets, so they’re conjuring up ways to help themselves to it. Don’t be lulled. It’s not only “the rich” they’re gunning for.
Homeownership can be expensive and may even feel out of reach for many Americans. The down payment, property taxes, maintenance, and utilities, plus mortgage payments and the cost of ownership can really add up. Throw in a real estate market with sky-high home values; you may be wondering if owning a home is worth it.
An elderly man is administered with the AstraZeneca Covid-19 vaccine at the Central Vaccination Center in Bang Sue Grand Station on July 13, 2021 in Bangkok, Thailand. Sirachai Arunrugstichai | Getty Images News | Getty Images Businesses and local governments in Asia are coming up with creative ways to encourage vaccination among people still hesitant
In this article HOOD An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging from Big Tech to bitcoin to Reddit rebellion stocks to long-term bonds.
In this article PFE MRNA SVA Unvaccinated people are eager to travel again. But more and more, the rules make that harder. Travelers are increasingly required to show proof of vaccination before they can cruise, book group tours, avoid quarantines, or vacation to tropical islands. Beyond that, vaccines are needed for everyday activities including attending
Halfpoint | iStock | Getty Images Many Americans are looking to Labor Day with dread. That’s when some 7.5 million of them will stop receiving their unemployment benefits. The number is more than five times the 1.3 million people who lost aid in December 2013 as the country walked away from the Great Recession. Although
July was a productive month for the IRS when it came to getting payments to taxpayers. Yet frustration continues to bubble for those who are still awaiting their refunds from tax returns that have not yet been processed. Unemployment Adjustments The IRS announced on July 28 that another 1.5 million taxpayers were receiving refunds averaging
Does the IRS like to impose penalties? It must, since IRS penalties have a way of creeping into many tax notices, even for innocent mistakes. You might think that if you weren’t trying to cheat on your taxes and just made a mistake, it would be OK. Taxes are complex, and mistakes happen, but the burden
This modern architectural home is a rarity in the Bayview Glen neighborhood of Markham, Ontario, a suburb of Toronto. The golf-club close community is characterized by large homes on roomy lots dotted with mature trees. Schools, parks and small businesses are nearby. The steel-clad home at 22 Hammok Crescent, listed for CAD 7.38 million, is
Dr. Scott Gottlieb told CNBC on Monday the current surge in Covid infections caused by the more contagious delta variant may be the “final wave” of the virus in the United States. “I don’t think Covid is going to be epidemic all through the fall and the winter. I think that this is the final wave, the final act, assuming we
The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images Shares of AMC Entertainment rose 4% after the company posted a narrower-than-expected loss during the second quarter. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by
In this article VSCO TSLA OXY DVN FANG HOOD The Tesla logo seen on a Supercharger rapid battery charging station for the electric vehicles company Tesla Motors. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Diamondback Energy — Shares of the exploration and production company slid about
A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX SpaceX is acquiring satellite data start-up Swarm Technologies, in a rare deal by Elon Musk’s space company that expands the team, and possibly the technological capabilities, of its growing Starlink internet service. Swarm, which has 120 of its tiny SpaceBEE satellites in orbit,
Kieferpix | iStock | Getty Images When it comes to retirement savings, how much is enough in order to feel financially secure? The median answer across workers of all ages is $500,000, according to research from the Transamerica Center for Retirement Studies. But that figure varied somewhat across generations. While the median number for Gen
FatCamera | E+ | Getty Images There’s about a week left for anyone who’s uninsured to see if they qualify for free or low-cost private health insurance through the public marketplace. A special enrollment period that will end on Aug. 15 allows you to use healthcare.gov to sign up for a plan, which could come
State treasurers around the nation are spearheading efforts to improve financial literacy. While they may have different experiences or motivations for their efforts to impact positive change, they all agree that more needs to be done to improve people’s financial knowledge and change consumption habits. The efforts of these elected officials, while commendable, fail to
Topline Following days of negotiations, the Senate on Monday struck down a bipartisan amendment to overhaul and clarify newly proposed cryptocurrency tax-reporting requirements included in the Senate’s $1.2 trillion infrastructure bill, dealing a potentially massive blow to a slew of companies concerned they could be forced to hand over transaction information to the Internal Revenue
Nova Scotia—Concierge Auctions, the largest luxury real estate auction marketplace in the world, will bring Whaleback Estate to auction on August 26, via the firm’s digital marketplace. According to listing agents Mariana Cowan and Ian Smith, the team opted to bring the 6,790-square-foot estate to auction because “the format drives healthy competition…auctions are used for virtually
Oil derrick pumps operate at the Inglewood Oil Field in Culver City, California, on Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images Oil prices slid on Monday, building on last week’s steep losses, as rising Covid cases prompted fears of a slowdown in demand. West Texas Intermediate crude futures declined more than