Uncle Sam would like his piece of your nest egg. Tax-deferred accounts are great, until they aren’t—when we have to pay taxes on our withdrawals. Millions of Americans have tax-deferred accounts, pundits laud them, companies help fund them, institutions service them and markets help them grow. But when it comes time to empty them, often […]
What are the highest paid, most in-demand jobs in your state? There’s probably never been a better time since the Great Recession to start looking for a new job. Unemployment hit a 50-year low of 3.5% in November, according to the latest government snapshot of the labor market. Software developers, physical therapists and physician assistants […]
Dear Moneyist, My sisters have for years been giving me hostile, trivial, meaningless gifts for the holidays. I would say that the gifts are less meaningful than what parents would pick out to give their children’s teachers. I want to tell them: ‘No more gifts.’ When can I do this and how? Last year, it […]
MEXICO CITY (Reuters) – Mexican authorities have arrested a municipal police chief for his suspected links to the killing of three women and six children of U.S.-Mexican origin in northern Mexico last month, local media and an official said on Friday. Suspected drug cartel hitmen shot dead the nine women and children from families of […]
(Bloomberg) — A rocket attack on an Iraqi military base killed an American contractor and wounded several U.S. and Iraqi military personnel, the Defense Department said on Friday evening. Iraqi security forces were “leading the response and investigation” following the Friday night assault on the base in Kirkuk, where coalition forces are based, the Pentagon […]
U.S. stocks traded higher Friday, after opening at new intraday records, as investors attempt to close out a holiday-shortened week on a positive note, a day after a report on strong retail sales helped the Nasdaq to finish above 9,000 for the first time. How are benchmarks performing? The Dow Jones Industrial Average DJIA, +0.24% […]
Do you check the weather by asking your smart speaker? When you do your laundry, do you throw a pod in the washing machine? Is tonight’s dinner made from ingredient shipped to your front door? If the answer to any of those questions was yes, then your life has been changed by one of the […]
Another day, another round of stock market records? That may be a Friday stretch. The big names that we’ve run a little hot and cold on this year, such as Amazon.com AMZN, +1.46%, were out in front, pulling the Santa-rally sleigh to fresh records on Thursday. (Remember, that traditional year-end rally for stocks that starts […]
Scott Rieckens and his wife Taylor were living what many people might consider a dream life: renting a house across the bay from San Diego, working hard but also playing hard, whether regularly hitting up hot new restaurants, joining the local boat club or enjoying flashy weekend trips. After their daughter Jovie was born in […]
Theodore McCarrick, pictured in Washington in 2015, about three years before he became the first Roman Catholic cardinal ever to be defrocked for sex abuse (AFP Photo/CHIP SOMODEVILLA) Washington (AFP) – A US cardinal gave hundreds of thousands of dollars to powerful Catholic clerics including two popes while facing accusations of sexual harassment, The Washington […]