As New Year’s approaches, people are thinking about what they could do in 2020 that they didn’t do in 2019. One thing to add to your list: put money in your child’s 529 college savings plan, which, like individual retirement accounts and 401(k) plans, allows your investments to appreciate tax-free as your children grow. You […]
Dear Moneyist, I have been married for three years, and my husband and I are in our 70s. My husband previously promised me his apartment and 15% of his assets. However, after visiting with his daughter he made a new will with a trust. I also have to pay the expenses, which I probably can’t afford. […]
In 2011, pioneering venture capitalist Marc Andreessen wrote an op-ed called “Why software is eating the world,” introducing his thesis that what we now know as Internet 2.0, an industry of platforms like Facebook and Twitter, would replace the old world of desktop computer hardware. Nearly a decade later, if there’s any one investor best […]
Getty Images A Saudi Stock Exchange (Tadawul) sign is seen at their headquarters in Riyadh on November 3, 2019. Are you an American intrigued by the idea of investing in Aramco, the massive Saudi national oil concern? The company debuted on the Saudi stock exchange Monday and has already become the world’s most highly-valued company. […]
Brad Trent Jim O’Sullivan Economist Jim O’Sullivan has a lot of smart things to say about the U.S. economy and where it’s going, but right now he’s going keep quiet and let his forecasts do the talking for him. O’Sullivan, who won his record 24th Forecaster of the Month contest for the U.S. economic data […]
By Matthew Green and Valerie Volcovici MADRID (Reuters) – Major economies resisted calls for bolder climate commitments as a U.N. summit in Madrid limped toward a delayed conclusion on Saturday, dimming hopes that nations will act in time to stop rising temperatures devastating people and the natural world. With the two-week gathering spilling into the […]
Two children are dead and another is still missing after the vehicle they were traveling in was swept away in floodwaters in Arizona’s Tonto Basin, the Gila County Sheriff’s Office said Saturday. The Gila County Sheriff’s Office told CBS Phoenix affiliate KPHO-TV the victims found were a five-year-old boy and a five-year-old girl. They were found about […]
Sen. Bernie Sanders retracted his endorsement of congressional candidate Cenk Uygur on Friday, less than 24 hours after making it, as allegations of sexism hit the former online talk show host. .@cenkuygur has been a longtime fighter against corruption. However, our movement is bigger than any one person. I hear my supporters who were frustrated […]
Outgoing Kentucky Gov. Matt Bevin commuted the sentence on Monday of a man who had been convicted of decapitating a woman and disposing of her body in a 55-gallon barrel. In a statement, Bevin explained his pardon of Delmar Partin, who was convicted in 1994 for the murder of Betty Carnes, a mother of three […]
(Bloomberg) — Two of the highest-profile issues confronting Donald Trump’s presidency came to a head simultaneously on Friday: China trade and impeachment. A top Chinese official announced the first phase of a trade deal at almost the exact moment the House Judiciary Committee recommended Trump’s impeachment. It was just the latest split-screen moment of the […]