Getty Images It’s never too early to resolve to save more for retirement and trim your tax bill. The IRS has made inflation adjustments to a range of key figures, from the amount you can put in a 401(k) retirement plan at work to the individual income tax brackets that help you determine your tax
Bond prices are sensitive to interest rate changes, and bond duration is a measure of just how sensitive. For instance, in Exhibit 1.1 (shown in my last article), an increase in interest rates for the simple bond from 3 percent to 4 percent caused the bond’s price to fall by 8.1 percent. This bond has
PARIS, FRANCE – DECEMBER 26: In this photo illustration, the microblogging social network Twitter … [+] logo is displayed on the screen of a smartphone on December 26, 2019 in Paris, France. (Photo by Chesnot/Getty Images) Getty Images There was a lot of tax talk in 2019 – especially on social media. From Bitcoin to
Share to facebook Share to twitter Share to linkedin Miami Skyline with palm trees Getty Art is fast becoming Miami’s must-have amenity in luxury real estate. Miami developers and real estate agents are targeting art collectors as buyers for their new oceanfront condominium towers and multi-million dollar homes. It’s not surprising Miami is home
Defensive back Rashad Fenton #27 of the Kansas City Chiefs and teammates celebrate an interception in front of a television cameraman in the fourth quarter of the game against the Los Angeles Chargers at Estadio Azteca on November 18, 2019 in Mexico City, Mexico. Manuel Velasquez | Getty Images The National Football League is celebrating
Tim Cook, CEO of Apple Inc. Getty Images Apple stock is on pace to close out a year of explosive growth, and another key metric has reached a historic high, too. Apple’s trailing price-to-earnings (P/E) ratio steadily climbed this year alongside its stock price. Apple began the year with a trailing P/E ratio just over
As we get ready to say goodbye to the 2010s, CNBC.com is taking a look back at the key players, events and transformations from Wall Street to Silicon Valley to corporate America to the White House that shaped a “Decade of Disruption.” In the lead-up to New Year’s Day 2020, CNBC’s online journalists will be
Just months after almost everyone on Wall Street worried that a recession was just around the corner, Goldman Sachs said a downturn is unlikely over the next several years. In fact, the firm’s economists stopped just short of saying that the U.S. economy is recession-proof. Investors could be excused for getting a little nervous over
A sign displayed on Bruckner Building reads ‘Commercial Space Available’ in the Port Morris neighborhood of the Bronx borough of New York. For a limited time, investors who develop real estate or fund businesses in opportunity zones are able to defer capital gains on profits earned elsewhere and completely eliminate them on new investments in
By Jamie Hopkins, Next Avenue Contributor Getty The new Setting Every Community Up For Retirement Enhancement (SECURE) Act, just signed by President Trump, is the broadest piece of retirement legislation passed in 13 years. Ultimately, the law focuses on retirement planning in three key areas: 1) modifying required minimum distribution (RMD) rules for retirement plans;
Wealth inequality is on the rise and those with wealth could make a difference. Investing in higher … [+] education would be a great step to level the playing field. Getty Wealth inequality has been on the rise for decades. Since the 1980s, nearly all of the rise is due to the increase in wealth
Share to facebook Share to twitter Share to linkedin House prices appreciated faster in Phoenix than in any of the other 20 metro areas covered by the S&P CoreLogic Case-Shiller Home Price Index. In real, inflation-adjusted values, house prices in Phoenix only increased 4% from October 2018 to October 2019. That 4% is good but
Ousted Nissan chairman Carlos Ghosn issued a statement on Tuesday confirming reports that he’s left Japan and is now in Lebanon. “I am now in Lebanon and will no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination is rampant, and basic human rights are denied, in flagrant disregard
U.S. government debt prices moved lower on Tuesday, the last trading day of the year. At 3:50 a.m. ET, the yield on the benchmark 10-year Treasury note rose to around 1.9034%, while the yield on the 30-year Treasury bond was also higher at 2.3574%. Bond yields move inversely to prices. Investors have been taking on
Stocks are acting like it’s only the second year of a bull market, strategist Jim Paulsen told CNBC on Monday. In an interview on “The Exchange,” Paulsen said he wasn’t arguing that the market is in a “fresh” bull phase, but only that “the market move this year is very comparable” to the first year
The maze that is Medicare includes some higher costs for 2020 that beneficiaries might want to factor into their health-care budgets. For the program’s 61 million beneficiaries — most of whom are 65 or older — certain costs are adjusted by the government from year to year and can affect premiums, deductibles and other cost-sharing
Hands Of Father Giving Jar Of Coins To Child On Wooden Table Background – Inheritance / Parent … [+] Providing For Children Concept Getty The SECURE Act (Setting Every Community Up for Retirement Enhancement) was passed in late December and includes a variety of changes that primarily revolve around retirement plans. Let’s explore some of
Getty The 12 Days of Charitable Giving for 2019 has officially wrapped. Here’s the complete list of charities in the series: Thank you to everyone who submitted a nomination for their favorite charity. This was one of the busiest years for the series: I received numerous submissions. I reviewed every nomination carefully and tried to
Aerial view of Cowboy Recreation and Nature Trail in northern Nebraska, on a trestle over Long Pine … [+] Creek, along the preferred route of the Great American Rail-Trail Getty Twelve months after announcing the Great American Rail-Trail initiative, the Rails-to-Trails Conservancy (RTC) shared news this month that nearly $13 million has been secured for
This photo taken on May 3, 2018 shows a worker cutting steel at a factory in Huaibei in China’s eastern Anhui province. AFP | Getty Images China’s official Purchasing Managers’ Index for manufacturing came in slightly above expectations at 50.2 for the month of December, the country’s statistics bureau said on Tuesday. Economists polled by Reuters had