Tag: personal finance
Affluent shoppers embrace secondhand shopping
Bargain hunting is certainly not new.But with the Covid pandemic came a surge in "thrifting," or buying and selling pre-owned goods.At first, some fam [...]
What an inverted yield curve means for the economy
Catherine Yeulet | Getty ImagesWhat the inverted yield curve meansGenerally, longer-term bonds pay more than bonds with shorter maturities. Since long [...]
Powerball jackpot hits $1 billion. If you win, here’s the tax bill
The jackpot for Powerball's Monday night drawing is a whopping $1 billion.Sort of, anyway.The advertised number represents the pre-tax amount you'd ge [...]
TreasuryDirect crashes as investors try to beat key I bond deadline
Shapecharge | E+ | Getty ImagesInvestors crashed the Treasury Department website for Series I bonds on Friday as they clamored to lock in a record-hig [...]
What ‘millionaire tax’ plans on California, Massachusetts ballots mean for taxpayers
How states plan to spend 'millionaire tax' revenueWhile the proposed taxes sound similar, there are differences in how each state plans to use the rev [...]
Here are the legal and personal ramifications of dying without a will
C.j. Burton | The Image Bank | Getty ImagesWhat happens if a loved one dies without a will? Millions of us are bound to find out, as two-thirds of Ame [...]
JPMorgan uses Advancing Black Wealth Tour to boost financial literacy
JPMorgan Chase brought its Advancing Black Wealth Tour to Philadelphia on October 8, 2022.Photo: Steven CW Taylor & Salim Weldon of Steven Taylor [...]
Investors can contribute up to $22,500 in a 401(k) and $6,500 in IRAs in 2023
If you're eager to save more for retirement in 2023, there's good news from the IRS, which just announced higher limits for your annual 401(k) plan an [...]
The $40,000 electric vehicle business tax credit may be easy to get
Electric buses at a charging station.Koiguo | Moment | Getty ImagesPlus, the tax credit for bigger trucks is worth more money — up to $40,000 in contr [...]
How much income you can have for 0% capital gains taxes in 2023
If you're planning to sell investments or rebalance your taxable portfolio, you may be less likely to trigger a tax bill in 2023, experts say.This wee [...]
IRS bumps estate-tax exclusion to $12.92 million for 2023
Bernd Vogel | Getty ImagesUltra-wealthy Americans can soon protect more assets from federal estate taxes, the IRS announced this week. Starting in 202 [...]
Here are the new income tax brackets for 2023
Andersen Ross | Blend Images | Getty ImagesAmid soaring inflation, the IRS this week announced higher federal income tax brackets and standard deducti [...]
Sell into strength, still bullish on Apple, TJX best
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. S [...]
‘Emily the Criminal’ director Ford takes on student loan crisis
Emily the CriminalCourtesy: John Patton FordIn the new film "Emily the Criminal," the title character, played by actress Aubrey Plaza, is almost alway [...]
The $7,500 electric vehicle tax credit’s full value may be hard to get
Tomekbudujedomek | Moment | Getty ImagesThe historic climate legislation President Joe Biden signed in August offered a federal tax break — worth up t [...]