The United States has long seen itself as an open-for-investment free-market bastion. But concerns about national security–and some political grandstanding– could close the doors to foreign buyers, particularly when it comes to farmland. By Kelly Phillips Erb, Forbes Staff The action last week by Arkansas Attorney General Tim Griffin affected a mere 160 acres of
Month: November 2023
A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, on Nov. 1, 2022. Steve Nesius | Reuters The U.S. Space Force assigned 21 rocket launches to SpaceX and United Launch Alliance, worth about $2.5 billion in total, the military branch told CNBC.
In this article ROKU Follow your favorite stocksCREATE FREE ACCOUNT A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company’s initial public offering at the Nasdaq Market in New York on Sept. 28, 2017. Brendan McDermid | Reuters Shares of Roku soared in after-hours trading Wednesday after
Thomas Jordan, president of the Swiss National Bank (SNB), speaks during the bank’s annual general meeting in Bern, Switzerland, on Friday, April 28, 2023. Bloomberg | Bloomberg | Getty Images Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank’s interventions during the fall of Credit Suisse were “crucial” to avoid a “financial
Revenge travel after the pandemic may be over for many countries, but the urge to hop on a plane has not dwindled for travelers from India. Indians could be the fourth-largest global travel spenders by 2030, according to a recent report by Booking.com and McKinsey. However, they pointed out that outbound travel only accounted for
Fotostorm | E+ | Getty Images Morgan Lindsay didn’t mind that student loan bills were resuming in the fall. She’d applied for a new repayment plan over the summer, and her calculated monthly bill came to $0. But then, on Sept. 11, she found that her servicer, Mohela, or the Missouri Higher Education Loan Authority,
We are only two weeks into the 2023 Medicare Open Enrollment Period, and I have encountered four people who are very dissatisfied with their plan. They complained that the copayment for a new drug is “insane” or “ridiculous.” These individuals have two things in common. They are all unhappy that they are paying way too
The Internal Revenue Service on Wednesday opened the portal for car sellers to register with Energy Credits Online – a site that will allow dealers to dole out the federal electric vehicle tax credit of up to $7,500 to buyers as a discount. The move marks the latest step in making the federal electric vehicle
The cost of everything is rising, and it appears that home maintenance expenses are no exception. In fact, according to a recent report, it now costs, on average, $6,548 a year to maintain a single family home. In a previous article, we revealed that on average, homeowners can expect to pay $14,155 a year, or
In this article DIS CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | SOPA Images | LightRocket | Getty Images Disney said Wednesday that it had agreed to buy Comcast‘s one-third stake in streaming service Hulu, a long-expected outcome. Disney said it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Cristiano Amon, president and CEO of Qualcomm Incorporated, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York, April 28, 2022. Brendan McDermid | Reuters Qualcomm reported fiscal fourth-quarter earnings on Wednesday that beat expectations for
Bletchley Park was a codebreaking facility during World War II. Getty The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, highlighting the country’s ambition to lead in the technology as it races to catch up to the U.S. and China. The University of Bristol will
Andresr | E+ | Getty Images The IRS has announced new 2024 investor contribution limits for 401(k) plans, individual retirement accounts and other retirement accounts. The employee contribution limit for 401(k) plans is increasing to $23,000 in 2024, up from $22,500 in 2023, and catch-up contributions for savers age 50 and older will remain unchanged
The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday. Even so, consumers likely will get no relief from current sky-high borrowing costs. Altogether, Fed officials have raised rates 11 times in a year and a half, pushing the key interest rate to a target range of 5.25% to 5.5%, the
Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market, are coming down. And the economy is growing like gangbusters, with the most recent GDP reading outperforming expectations, a fact that the Federal Reserve noted
A growing number of Americans are resorting to hardship withdrawals from their 401(k) accounts, a recent Bank of America report found. This signals that financial distress is on the rise. Hardship withdrawals refer to times when people take out funds from their 401(k) accounts due to immediate and heavy financial need. Federal law states these
The IRS says that the amount you can sock away for retirement is going up. In 2024, individuals can contribute up to $23,000 to their 401(k) plans in 2024—up from $22,500 for 2023. And those playing catch-up get a boost, too: the catch-up contribution limit for employees aged 50 and over is an additional $7,500
Charlotte, North Carolina, is one of the hottest spots in the United States. From 1990 to 2000, its population grew by 36.6%: From 395,934 people to 540,828. From 2000 to 2010, it surged by another 35.2%: From 540,828 to 731,424 people. And though less but still impressive, from 2010 to 2020, Charlotte’s population grew by
In this article NCLH Follow your favorite stocksCREATE FREE ACCOUNT The passenger cruise ship Norwegian Prima arrives at the French Mediterranean port of Marseille. (Photo by Gerard Bottino/SOPA Images/LightRocket via Getty Images) Gerard Bottino | Lightrocket | Getty Images Norwegian Cruise Line Holdings on Wednesday said it would cancel its stops in Israel this year
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT A woman walks past a CVS Pharmacy in Washington, D.C., on Nov. 2, 2022. Brendan Smialowski | AFP | Getty Images CVS on Wednesday reported third-quarter adjusted earnings and revenue that topped Wall Street’s expectations, lifted in part by strong revenue from the company’s health