Image Source | Getty Images Many Americans have trouble covering their costs of living with income solely from Social Security. Now, a bill has been reintroduced in Congress aimed at reducing the risk that older Americans, women and people of color will live in poverty despite receiving their monthly checks. The proposal, called the Social
Month: August 2021
Today’s column addresses questions about whether cost of living allowances are applied to retirement benefits at 70 after receiving spousal benefits, taking divorced spousal benefits after disability benefits and the availability of survivor’s benefits after taking spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Financial advisors and borrowers will have to get busy if they wish to take advantage of the most recent automatic student loan forgiveness initiative for individuals receiving Social Security disability payments. Today’s press release is relatively straightforward for those who are already receiving Social Security disability payments, but is silent in regards to those whose
Education Secretary nominee Miguel Cardona testifies before the Senate Health, Education, Labor and Pensions committee during his confirmation hearing on Capitol Hill Washington, DC., February 3, 2021. Susan Walsh | Pool | Reuters The U.S. Department of Education announced on Thursday it will cancel $5.8 billion in student debt for more than 320,000 borrowers. The
The rental market, which slumped during the pandemic, has snapped back quicker than many economists predicted. A strong and widespread recovery of rents has pushed prices beyond where they would have been had the coronavirus pandemic never occurred, according to Zillow’s latest market report. Although home appreciation again broke records in July, there are signs of
Senator Roger Wicker, a Republican from Mississippi, speaks during a news conference on Capitol Hill in Washington, D.C. Stefani Reynolds | Bloomberg | Getty Images Sens. Roger Wicker and Angus King, who are both vaccinated for the coronavirus, tested positive for Covid-19 on Thursday after experiencing symptoms. Wicker, a Republican from Mississippi, and King, an
In this article KSS People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s reported Thursday fiscal second-quarter earnings that beat analyst expectations and it raised its forecast for the year, as shoppers headed back to its
John Stoltzfus is encouraging investors to remain optimistic despite this week’s wild market swings. The Wall Street bull, who serves as Oppenheimer Asset Management’s chief investment strategist, doubts the Covid-19 delta variant and Federal Reserve tightening worries will spark a significant downdraft. “I not only think it can edge higher, I think it can likely
The Aston Martin DBX seen at Salon Prive, held at Blenheim Palace, September 25, 2020 in the United Kingdom. Martyn Lucy | Getty Images Aston Martin Executive Chairman Lawrence Stroll said the company is set to produce 10,000 vehicles a year by 2025, adding that the company’s “risks are behind us.” The Canadian billionaire told
Elon Musk’s SpaceX revealed new details about plans for the next-generation of satellites in its Starlink internet system in federal filings on Wednesday, including that the company intends to use its massive Starship rocket as the primary vehicle to deliver the spacecraft to orbit. SpaceX filed an amendment with the Federal Communications Commission that included
Although many Americans continue to face financial uncertainty due to the pandemic, the outlook for retirement savers is only improving. Retirement account balances, which took a sharp nosedive in 2020 when the coronavirus outbreak caused economic shock waves, are now at new highs, according to the latest data from Fidelity Investments, the nation’s largest provider
Chances are at some point in your retirement saving (or spending) life you’ve been asked a question or two about your appetite for risk. For a while, back in the era of Modern Portfolio Theory, the whole concept of “risk” and the investor was the cat’s pajamas. In the old days they even had entire
Can Benford’s law can help the IRS detect tax evasion just by looking at the first digit of figures entered on tax returns? Benford’s law — also called the Newcomb–Benford law, the law of anomalous numbers, and the first-digit law — is an observation about the distribution of first digits in unmanipulated numerical data sets.
The “Charging Bull” statue at Bowling Green in New York’s Financial District. Drew Angerer | Getty Images The U.S. stock market is hitting choppy waters, again. This week, U.S. indexes slid on concerns that the Federal Reserve would begin to taper its monthly bond purchases before the end of the year. The S&P 500 and
Investment Specialist, Team Denver Homes - RE/MAX Professionals. Your first step as a real estate investor is usually the most difficult. I often talk to new investors who feel overwhelmed by everything they don’t know about real estate: the terminology, the market, the capital, the risks and rewards. If this sounds familiar, let me reassure you: real
Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images Severe rainstorms and flooding in China are hurting the profits of insurance companies, and highlight the shortfalls of the country’s natural disaster insurance system. Flooding
In this article HOOD Robinhood’s revenue more than doubled in the second quarter to $565 million, bolstered by a massive surge in crypto trading, the stock trading app said in its first earnings report as a public company on Wednesday. But the shares dove in after the company warned a slowdown in trading activity would
Traders works at the New York Stock Exchange (NYSE), August 4, 2021. Andrew Kelly | Reuters Stock futures were flat in overnight trading on Wednesday after Wall Street suffered a sell-off as meeting minutes showed the Federal Reserve started eyeing tapering before the year-end. Futures on the Dow Jones Industrial Average dipped just 20 points.
It’s no secret that Jack Dorsey, CEO of Twitter and Square, loves bitcoin, the largest cryptocurrency by market value. In fact, the bitcoin maximalist has touted it as the most important project in his lifetime to work on, and Square, his digital payments company, bought over $170 million worth of bitcoin earlier this year. Now, the billionaire
Thailand, now in the top five destinations customers of travel insurer Seven Corners are booking, requires visitors be insured for Covid treatment. Saowakhon Brown | Moment | Getty Images The ever-evolving Covid-19 pandemic is reshaping where Americans spend their travel dollars and how they protect that investment. That’s according to the latest findings from travel
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 33
- Next Page »