If you imagine spending your post-work years attending Broadway shows and lounging around Central Park in the city that never sleeps, it’s going to cost you. New York City ranks as the priciest city in the U.S. to retire, according to WalletHub’s 2024 analysis of the best and worst places to retire. Following NYC, the … Read more
Cavan Images | Cavan | Getty Images House lawmakers in Washington have the signatures they need to force a vote on a bill to eliminate rules that reduce Social Security benefits for certain retirees who also receive pension income. On Thursday morning, Reps. Abigail Spanberger, D-Va., and Garret Graves, R-La., marked the 206 signatures a … Read more
Republican House Speaker Mike Johnson on Wednesday said former President Donald Trump could pay for his presidential campaign’s economic proposals by rolling back corporate regulation and expanding tax cuts to stimulate growth. “You have to bring about a pro-growth economy, and you do that with a combination of aggressive use of the tax code and … Read more
Democratic presidential nominee and U.S. Vice President Kamala Harris addresses members of the National Association of Black Journalists (NABJ) in Philadelphia, Pennsylvania, U.S., September 17, 2024. Piroschka Van De Wouw | Reuters Vice President Kamala Harris on Tuesday laid out how her economic proposals could specifically help young Black men, a key Democratic voting bloc … Read more
Republican presidential nominee and former U.S. President Donald Trump attends a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024. David Swanson | Reuters Former President Donald Trump on Tuesday vowed that he would “get SALT back” if reelected, apparently suggesting that he would eliminate the cap on state … Read more
Headquarters of Roche, multinational pharmaceutical industry on December 27, 2021 in Madrid, Spain. Cristina Arias | Cover | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Good afternoon! Roche is one of several drugmakers … Read more
If you’re seeking a retirement destination that offers a high quality of life in the U.S., you may need to venture off the mainland, according to WalletHub’s list of the best and worst places to retire. Hawaii is home to the top two retirement destinations with the highest quality of life, per WalletHub’s analysis. Pearl … Read more
Senate Finance Committee Chair Ron Wyden threw shade at Republican presidential nominee Donald Trump on Friday over Trump’s latest campaign promise: to eliminate income taxes on overtime pay. “Donald Trump is losing, and these tax proposals he’s floating out of desperation are as fake as his tan,” Wyden said in a statement. The Oregon Democrat … Read more
Dimensions | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The tightening presidential race has touched off a wave of tax planning by ultra-wealthy investors, especially given … Read more
GOP V.P. Candidate J.D. Vance speaking on CNBC’s Squawk Box on Sept. 12. 2024. CNBC Republican vice presidential nominee JD Vance made a dubious immigration claim Thursday as he blamed Vice President Kamala Harris for undocumented immigrants and asylum seekers entering the United States. Vance, the Ohio senator and running mate to former President Donald … Read more
