Peter Cade | Getty Images After a rough period for municipal bonds, also known as muni bonds, investors may be returning. But there’s a hidden tax retirees need to consider before piling in. While weekly inflows for U.S. muni bond funds have been negative for most of 2022, outflows dropped significantly last week, according to
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In this article ABT Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Abbott Nutrition on Saturday resumed baby formula production at its Sturgis, Michigan, plant, a move toward addressing a nationwide shortage. The company has been
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. Andrew Kelly | Reuters U.S. stock futures were flat Wednesday night as economic concerns dragged down investor sentiment. Futures tied to the Dow Jones Industrial Average edged lower by 13 points, or
lisegagne | E+ | Getty Images Without the child tax credit, Stormy Johnson has been skipping her own meals so her kids can eat. Johnson, 45, works as a student support specialist in Preston County Schools in Kingwood, West Virginia. Before the monthly enhanced child tax credit payments lapsed in December, she received an additional
It doesn’t matter if you’re just starting out as a small business owner or you’ve been doing it for a while now — we all know mixing business with pleasure can be a slippery slope. Some businesses, such as LLCs and corporations, are required to keep their business and personal finances separate. When you are
Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022. Dado Ruvic | Reuters The Biden administration has distributed 1,200 monkeypox vaccine doses for people who have had high-risk exposures to the virus, part of a nationwide public health response to stamp out the disease before it causes
Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed policymakers will remain data-dependent, Brainard said the most likely path will be that the increases will continue until inflation is tamed. “Right now, it’s
moodboard | Image Source | Getty Images Women face a unique set of challenges when it comes to retirement planning. Unfortunately, research shows female workers are coming up short compared to their male counterparts. The good news is there is room for women workers to take steps now to improve their prospects for a better-quality
Itza Villavicencio Urbieta | Istock | Getty Images As retirement legislation continues to evolve in Congress, some lawmakers are hoping to address what they view as a persistent problem: lack of access to a workplace plan among low- and middle-income workers. A bipartisan, bicameral group of lawmakers has started work on a bill to tackle
Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the”Future of Work in an Era of Automation and Artificial Intelligence”, during a CEO Innovation Summit, on December 6, 2018 in Washington, DC. Mark Wilson | Getty Images FAYETTEVILLE, Ark. — Thousands of Walmart employees gathered at a huge
People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Check out the companies making headlines in extended trading. Lululemon Athletica — Shares of the athleisure
Sdi Productions | E+ | Getty Images There’s a chance your health insurance company owes you some cash. Depending on how you get your coverage, you may be one of the 8.2 million policyholders expected to get a piece of $1 billion in premium rebates this fall from various insurers, according to a preliminary analysis
In this article KSS The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take several weeks, if not longer, for
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with a series of aggressive interest rate increases ahead. “I think the Fed has shown that we’re in the process of recalibrating our policy to get inflation back down to our 2%
When Sheryl Sandberg joined Facebook in 2008, she knew she was committing to more than your typical 9-to-5 job. But the departing Meta COO says she didn’t realize the “24/7” job would last 14 years. CNBC’s Julia Boorstin recently caught up with Sandberg, who said she initially only expected to stay at Facebook for five
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Three House Democrats are still pushing for relief on the $10,000 limit on the federal deduction for state and local taxes, known as
In this article ULCC SAVE A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines‘ parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don’t
In this article TSLA CRWD RH LULU TPTX KSS Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes
Cheerful female entrepreneur watching movie on laptop. Beautiful young woman is spending leisure time at home. She is sitting with legs crossed on sofa. Morsa Images | Digitalvision | Getty Images As high inflation persists, many Americans are seeing their hard-earned incomes covering fewer of the essentials. For some, a side hustle may make a
Let’s all breathe a collective sigh of relief — this year’s filing season is finally over. Now that tax filing is behind you, what could you have done differently? One common mistake taxpayers often make is waiting until tax time to think about their taxes. But by thinking ahead and making some financial tweaks now,