Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | Getty Images As crypto investing becomes more mainstream and institutionalized with bitcoin ETFs, Wyoming is already pushing into the next phase of growth for crypto: … Read more
Aire Images | Moment | Getty Images Retirees may have income from Social Security, a pension, a retirement plan or other sources — and they typically must either withhold taxes or make quarterly payments to avoid IRS penalties. For 2024, the quarterly estimated tax deadlines are April 15, June 17, Sept. 16 and Jan. 15, … Read more
Richard Drury | Digitalvision | Getty Images After funneling money into pretax retirement accounts, you will eventually face mandatory withdrawals in retirement known as required minimum distributions, or RMDs. Since RMDs can trigger higher taxes, the withdrawals can be a nuisance for some retirees who do not need the money. But the yearly activity could … Read more
Luke Sharrett/Bloomberg via Getty Images Egg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned not only about inflation but the absolute level of prices. July marked a third straight month that egg prices rose on an annual basis, a reversal from a year of relative decreases. The culprit … Read more
A Target store in Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images The back-to-school shopping season is in full swing, with the hefty bills to prove it. Nearly one-third — 31% — of back-to-school shoppers said that buying supplies for the new year will put them into debt, according to a … Read more
U.S. Vice President Kamala Harris speaks at an event with U.S. President Joe Biden (not pictured) in Prince George’s County, Maryland, U.S., August 15, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris on Friday unveiled an economic plan, including an expanded child tax credit worth up to $6,000 in total tax relief for families … Read more
A large array of solar panels along Highway 41 are located in close proximity to the growing Tulare Lake, a once great body of water in the southern Central Valley, now beginning to fill again due to the recent series of major rain and snow storms in the Sierra Nevada, is viewed on April 13, … Read more
How sequence risk hurts your portfolio Investors can typically start withdrawing funds from retirement accounts without penalty at age 59½. But there’s a big risk for younger retirees or near-retirees who experience stock market downturns just before or as they start tapping accounts. Withdrawing from your portfolio when the stock market drops could mean selling … Read more
FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022. Dado Ruvic | Reuters Investing in equities can be a complex exercise, warranting specialized guidance. From where can one get that advice? Some attempt to do their own research, poring over reams of financial indicators to identify potential winners, while others … Read more
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC A coincidence or master plan? Warren Buffett now owns the exact same number of shares of Apple as he does Coca-Cola after slashing the tech holding by half. Many Buffett followers made the curious observation after a … Read more
