Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.
My father makes after-tax contributions to his 401(k). Should he take these as his RMD or leave them for his beneficiaries?
“My father is a widower, so any beneficiary would be a non-spouse.”
SpaceX Starlink has 2,500 airplanes under contract
A Starlink terminal installed on a Hawaiian Airlines aircraft. Hawaiian Airlines PARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week’s United Airlines deal, a company director said Tuesday. “Very excited that we have about 2,500 aircraft under contract now, bringing what was effectively a startup to now what we […]
FanDuel parent Flutter acquires Snaitech, NSX
People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment, the parent company of FanDuel, on Jan. 29, 2024. Spencer Platt | Getty Images FanDuel parent Flutter Entertainment will spend $2.6 billion, or 2.3 billion euros, to acquire Italian gambling company Snaitech from Playtech, adding […]
Gold is giving you a once-in-a-generation buying opportunity on its way to 4,400
The upside breakout in gold prices has more room to run.
Alaska-Hawaiian airline merger clears DOT review
Alaska Airlines and Hawaiian Airlines can go through with their planned merger, but they must maintain the value of their airline reward systems and preserve several key routes, the U.S. Department of Transportation said Tuesday. The two carriers’ $1.9 billion merger agreement cleared the U.S. Justice Department’s review last month. That put it in the […]
JPMorgan Chase in talks with Apple to take card from Goldman Sachs
Apple CEO Tim Cook introduces the Apple Card during a launch event at Apple headquarters in Cupertino, California, on March 25, 2019. Noah Berger | AFP | Getty Images Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with […]
‘He forced me to take Social Security at 62’: My husband inherited millions, but never gave me a penny. If I divorce him, would I get any of it?
“We have five rental properties — two of them were inherited — and the rental money goes into a joint checking account.”
FDIC rule would make banks keep fintech customer data after Synapse debacle
Tsingha25 | Istock | Getty Images The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of Americans being locked out of their accounts. The rule, aimed at accounts opened by fintech firms […]
How Microsoft’s dividend hike and new $60 billion buyback program stack up
Only three U.S. companies have ever announced buyback programs bigger than Microsoft’s latest — though the new dividend yield is still low relative to those of fellow Dow components.
