Opinion: Fixing Social Security: Let’s use subsidies for retirement plans
Andrew Biggs, a conservative economist with the American Enterprise Institute, and I are usually opponents. Our disagreements go back decades: including privatizing Social Security, adequacy of retirement income, and compensation of state and local government employees. Just a few weeks ago I thought he was really off base arguing that workers do not pay for […]
Klarna to debut $7.99 monthly plan ahead of IPO
Swedish buy now, pay later firm Klarna unveils a $7.99 monthly subscription plan called Klarna Plus Courtesy: Klarna Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead of an expected initial public offering this year, the company told CNBC. The product is set to […]
We have $300K on our mortgage. Should we use the money in our CDs to pay it off?
Dear Big Move, My husband is 66 and I am 61, and we have a 30-year mortgage at 4.99% with a current balance of $306,000. We have several Certificate of Deposits totaling $90,000, and savings of $100,000. Our only debt is the mortgage; we own our cars and pay our only credit card in full […]
GM, Honda begin U.S. fuel cell production toward replacing diesel
An employee assembles a fuel cell system in the module final assembly at Fuel Cell System Manufacturing LLC, GM and Honda’s fuel cell joint venture in Brownstown, Michigan. Courtesy image BROWNSTOWN, Mich. – General Motors and Honda Motor have begun commercial production of hydrogen fuel cell systems in a step toward offering alternative zero-emissions solutions […]
Home sales dampened by severe winter weather, Redfin says
A “For Sale” sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release Existing Homes Sales figures on January 22. Photographer: Bloomberg | Bloomberg | Getty Images Severe winter weather is hindering home sales across the country, according […]
We’ve $1.3 million in IRAs and $1.15 million in cash. What should we do with it?
Dear MarketWatch, I’m 72 and married to my spouse, 71. We have one son, 45, who lives in California. We give him and his family $20,000 a year. Between us, with pension income and Social Security, we’re now receiving a little over $100,000 a year (gross) living in Florida. We own a $400,000 home paid […]
Comcast (CMCSA) earnings Q4 2023
Omar Marques | Lightrocket | Getty Images Comcast topped both revenue and profit estimates in the fourth quarter as it lost fewer broadband subscribers than expected, and it raised its dividend 7%, the company said Thursday. Here’s how Comcast performed, compared with estimates from analysts surveyed by LSEG, formerly known as Refinitiv. Earnings per share: 84 […]
This $200 bourbon is crafted to pair with a good cigar
The bottle Joseph Magnus Cigar Blend Bourbon, $199.99 The back story Americans continue to love their bourbon and other domestic-made whiskeys. Sales have soared for the category in recent years, with the Distilled Spirits Council of the United States reporting that they reached nearly $5.1 billion in 2022. Meanwhile, many Americans have also always loved […]
Three space companies at risk of running out of cash
A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight The space sector’s on the tail end of a boom-and-bust cycle. While many companies battened down the hatches to survive, a few publicly-traded names are running on fumes. A flurry of about a dozen […]
Why kids streaming content is vital to subscriber growth
Tinky-Winky, Laa-Laa, Dipsy and Po pose for a photo as the Teletubbies celebrate their 25th anniversary with the Lighting of the Iconic Empire State Building on April 26, 2022 in New York City. John Lamparski | Getty Images Entertainment | Getty Images “Tinky Winky. Dipsy. Laa-Laa. Po!” Those four names, the iconic sing-song intro to […]
