Today’s Social Security column addresses questions about how spousal benefit rates are calculated, when spousal benefits can become available and when to inform SSA of monthly earnings. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask Larry answers here. Have Social
In this article RIDE RIDE Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Struggling electric truck startup Lordstown Motors still plans to deliver the first examples of its Endurance pickup truck before the end of the
In this article TTWO FDS Follow your favorite stocksCREATE FREE ACCOUNT Take-Two stock dropped more than 15% in extended trading on Monday after the company reported fiscal second-quarter 2023 results. It said its outlook in the current quarter and for fiscal 2023 would be lower than previously expected. Here’s how the company did: Loss: $1.54
Pictured here is a Shanghai neighborhood under Covid lockdown on Nov. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s Covid situation is only getting worse, preventing the country from stamping out the virus and relaxing controls. The daily case count surged to six-month highs over the weekend. Guangzhou indefinitely delayed its
The investments of 125 billionaires cause 393 million tonnes of carbon dioxide emissions each year according to a report published by global poverty charity Oxfam. Florian Gaertner / Contributor / Getty Images The investments of 125 billionaires produce 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. That’s
New laws are making it easier than ever to know how much a given job pays. Pay transparency legislation is gaining momentum in cities and states across the country, from New York City to California and Washington state. Being armed with information about the salary range for a position you’re interested in can be the
President Biden has declared war on oil companies, accusing them of “war profiteering” and threatening them with new taxes on “excess” profits. “The American people are going to judge who’s standing with them and who is only looking out for their own bottom line,” Biden warned. “I know where I stand.” Profiteering is not a
In this article TSN Follow your favorite stocksCREATE FREE ACCOUNT Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyson, 32, was charged with public intoxication and trespassing and booked in Washington County jail. Tyson Foods is headquartered in Springdale, Arkansas. A
Alibaba’s international e-commerce platform AliExpress has expanded in South Korea and Brazil, in addition to Europe. Pictured here is an AliExpress locker in Poland in July 2022. Nurphoto | Nurphoto | Getty Images BEIJING — Alibaba‘s international e-commerce business AliExpress is spending the equivalent of $7 million to reach consumers in South Korea, the unit
Mark Ralston | Afp | Getty Images Whoever is the next jackpot winner in Powerball will be looking at the largest lottery prize ever awarded. The tax bill will also be pretty impressive. After no one hit all six numbers drawn Saturday, the Powerball jackpot headed higher. For Monday night’s drawing, it’s now an estimated
The richest Americans are accumulating more wealth than at any time in history and are expected to pass trillions of dollars onto younger heirs, says Vincent Lumia, head of field management at Morgan Stanley Wealth Management. MS . “The pie is going to get bigger and the amount of money that is changing hands is
Leonard Lane Grigsby, reputed Louisiana Republican kingmaker, will have to repay a $576,756 refund that alliantgroup, currently under investigation, consulted on. Judge Brian Jackson of the US District Court for the Middle District of Louisiana issued the opinion requiring the repayment of the 2013 refund last month, It was a summary judgement. Grigsby is usually
Topline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay off thousands of workers in recent
A recreational marijuana smoker indulges in smoking weed on April 14, 2020 in the Bushwick section of the Brooklyn borough of New York City. Bruce Bennett | Getty Images Voters in a handful of states — including four that traditionally favor Republicans — are set to decide Tuesday whether to legalize recreational marijuana, paving the
In this article OXY BKR EQT RYAAY RYA-IE SE SAM DASH PLTR FNKO VTRS RDFN BRK.B BRK.A WBA META CVNA Follow your favorite stocksCREATE FREE ACCOUNT Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Carvana — Carvana shares shed more than 15%, with trading
It’s hard to imagine what it would be like to win Powerball’s $1.9 billion prize. But the reality almost always falls far short of the fantasy. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of the very first decisions a
Damon_moss | Istock | Getty Images This has been a year of opportunity for investors who took to heart the old Wall Street adage that “the time to buy is when there’s blood in the streets.” Indeed, a market drop can prove to best the best time to take advantage of various financial planning opportunities.
courtneyk | E+ | Getty Images After a rough year for the stock market, investors may not expect to receive a surprise tax bill from year-end actively managed mutual fund payouts, experts say. When a fund manager sells underlying assets at a profit without losses to offset it, those gains are passed along to investors.
It’s just sitting there, growing slowly over the years, beckoning you. Do you have the discipline to shun this siren? Or has life thrown you a curve ball and left you no choice? “Taking a loan out of your 401(k) plan usually shouldn’t be viewed as the first option for financing; however, for some people,
Fall is a time of leaves changing colors, children going back to school, families enjoying Thanksgiving dinners, and… open enrollment. Yes, it’s the opportunity for most employees to select which benefits they will choose for the following year. Here are some of the most common mistakes we see people make: Not fully understanding the value