Getty The annual contribution limit for health savings accounts, or HSAs, will soon get a sizable boost due to inflation, the IRS announced this week. For 2024, the yearly limit for self-only HSA plans is rising to $4,150 from $3,850 in 2023, and the cap for family plans is jumping to $8,300 from $7,750. The catch-up
In this article EOCW Follow your favorite stocksCREATE FREE ACCOUNT Even as inflation shows signs of cooling, some investors may be fearing the worst about a potential looming economic downturn. A recent survey from Nationwide finds more than two-thirds of respondents — 68% — expect a recession within the next six months. Meanwhile, 62% of
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Starting next week, the first of 8,000 Amazon employees will begin moving into one of two brand new 22-story towers in Arlington, Virginia. Move-in is expected to be complete by the end of the summer. Amazon’s HQ2, formally called Metropolitan Park, has many features that
Ben Rains dives into where the stock market stands in the back half of May as we close out the first quarter earnings season. The bulls remain in control of the market right now, and debt-ceiling positivity helped send stocks higher on Wednesday and Thursday. The great start to 2023 might have some investors nervous
The moon seen from the International Space Station on July 9, 2018. Alexander Gerst | NASA WASHINGTON – Jeff Bezos has his NASA moon ticket. The billionaire’s space company Blue Origin won a key contract from the National Aeronautics and Space Administration on Friday to develop a crewed lunar lander for delivering astronauts to the
In this article FL Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker’s stock opened 24% lower Friday after it reported dismal fiscal first-quarter results and reduced its outlook just two months after
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Friday at the “Perspectives on Monetary Policy” panel at the Thomas Laubach Research Conference the central bank is hosting in Washington, D.C. The remarks
Patrick Schulte said he’s wanted to be a trader since he was 15 years old. He said he saw a clip of the New York Stock Exchange on the nightly news, and thought, “That’s what I’m going to do.” He learned the ropes close to home at the Minneapolis Grain Exchange, before moving to Chicago,
Skodonnell | E+ | Getty Images I’m a financial advisor. So, I know a thing or two about saving and investing. But I’m also a dad with a college-aged son, and I am starting to see that, now more than ever, I need financial knowledge to help in that role. Saving for college has gotten
More than 4 million new college graduates will head out into the world this month, but it could be years before they pay their own own way. Most people feel like a grownup by the time they’re 18 — and certainly once they have a college degree — but many young adults do not become
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Netflix saw its stock rise nearly 10% on Thursday after the streaming service unveiled details about its new ad-supported tier this week. The streaming service said it had 5 million monthly active users for its cheaper, ad-supported option
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The market’s affinity for Big Tech stocks this year is “shortsighted,” according to portfolio manager Freddie Lait, who said the next bull market phase will broaden out to other sectors offering greater value. Shares of America’s tech behemoths have been buoyant so far in
Pocket money rose by more than inflation in the UK in the last year, and kids found ways to boost their income on top of that, a new report says. Agrobacter | Istock | Getty Images Despite a wider financial crunch in the U.K., British kids have reason to be cheerful with new data showing
JGI | Blend Images | Getty Images The IRS is preparing to test a free online direct filing system for some taxpayers — and while pre-populated returns with certain details already filled in aren’t part of the initial plan, research shows it may be possible for certain filers. As directed by the U.S. Department of
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor. Citing “changing business conditions” and the return of CEO
In this article BABA NVDA TTWO CINF PACW FDX Follow your favorite stocksCREATE FREE ACCOUNT A Walmart in Atlanta, Georgia, US, on Sunday, Feb. 19, 2023. Walmart Inc.’s profit forecast for this year fell short of analyst estimates, signaling more struggles for the worlds largest retailer after it was hammered by a surge in inventory.
Adrian Hallmark, CEO, Bentley Scott Mlyn | CNBC After a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter thanks in large part to car customization, CEO Adrian Hallmark said. Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. Even more
The financial sector witnessed a rapid transformation over the past decade, with technology reshaping the processes of lending, wealth management and payments. The transformation also brought opportunities to invest. TipRanks recognizes Wall Street’s 10 best financial sector analysts for capturing the best investment opportunities. These analysts outperformed in their stock picking and earned significant returns
Sen. Kirsten Gillibrand, D-N.Y., urges Congress to make child care affordable, pass paid leave, support care infrastructure, and raise the debt ceiling on May 17, 2023 in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Many workers need to take leave at some point to address their own health needs or to
In this article HZNP AMGN Follow your favorite stocksCREATE FREE ACCOUNT Robert Galbraith | Reuters Horizon Therapeutics expects its $27.8 billion sale to Amgen to close as early as the end of the third quarter, earlier than previously planned — if the Federal Trade Commission’s attempt to block the deal fails — according to a