When you’re in a committed relationship, you unavoidably merge at least some aspects of your financial lives. However, that doesn’t mean you have to combine…
Players who will take the field for Super Bowl LX on Sunday will face a significant tax bill due to the game’s location triggering what’s known as a “jock tax.” Super Bowl LX will be played…
The Dow Jones Industrial Average topped 50,000 points for the first time on Friday as investors rallied in response to a rout in tech stocks earlier in the week. The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session after rising more…
Federal income tax applies to most people who earn income in the U.S., but the tax code includes limited exceptions. Whether someone is exempt from federal income tax depends on factors such as income level, filing status, age, disability status, religious affiliation and the type of income received. In some…
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest…
There are two common ways to think about a retirement budget: you can start with the lifestyle you want or the assets you have. By focusing on a lifestyle, you can identify your target retirement income and then build savings to support that goal. For example, using the 4% rule,…
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Costco issued a recall notice for mislabeled bakery items that could cause allergic reactions in customers. Costco announced that one of its products, “Mini Beignets filled with Caramel,” was “inadvertently packaged with Mini Beignets filled…
