A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images The price of lumber has been on a roller coaster since the start of the pandemic, and it’s climbing a big hill yet again. After falling back sharply from a record high in
When Matt Horn opened up his first restaurant in Oakland, Horn BBQ, the pandemic was in full swing. It was fall of 2020 and he’d overcome a long list of challenges from location to regulations and more to see it through. So when it came time to launch his second, highly-anticipated concept, Kowbird, just down
MoMo Productions | DigitalVision | Getty Images If you can afford to max out your 401(k) and there’s still wiggle room in your budget, your plan may have a special feature to save even more. Although the 401(k) deferral limit for 2022 is $20,500 if you’re under 50, you can use after-tax contributions to save
In this article TSLA SpaceX founder and Tesla CEO Elon Musk holds a helmet as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk unleashed a torrent of stock sales, options exercises, tax payment sales and gifted shares last year totaling nearly
Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this is the highest I’ve ever seen these numbers, and they merit attention, they merit what Mr. Bullard said yesterday, and
Andrii Zastrozhnov | iStock | Getty Images If you’re retiring and signing up for Medicare, there’s a chance you’ll be assessed extra monthly charges — at least at first. While most enrollees pay the standard premium amounts for Part B (outpatient care) and Part D (prescription drugs), about 7% of Medicare’s 63.3 million beneficiaries end
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SDI Productions | E+ | Getty Images Financial planning — and the financial services industry, more broadly — has long been an arena of predominantly white men. Industry leaders have been working to boost diversity, and while progress has been slow, it seems to be bearing some fruit. Still, 83% of certified financial planners in
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In this article MAT HAS Customers shop for toys at a Target store on October 25, 2021 in Houston, Texas. Brandon Bell | Getty Images Hasbro and Mattel have very different ideas about the future of the toy industry. While both of the country’s dominant toy companies reported strong revenue increases during the crucial holiday
Catherine McQueen | Moment | Getty Images Many Americans enter their retirement years with little or no savings. As a result, most or all of the money they receive comes from their Social Security check. Around 12% of men and 15% of women rely on the benefit for 90% or more of their income, according
In this article QSR-CA A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as digital orders made up nearly a third of the company’s global sales. Shares of the company were down slightly in
Steven Heap/EyeEm/Getty Images If you’re one of the millions of Americans still waiting on your 2020 tax return, you’ll need to take a special step to avoid a rejection for this year’s electronic filing, according to the IRS. When filing digitally, you validate your return with the previous year’s adjusted gross income. Typically, your tax filing
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An attendee takes a selfie as she experiences an ‘extreme sumarine 4D simulation’ with immersive VR by SK telecom during the second day of the annual Mobile World Congress. Matthias Oesterle | Corbis News | Getty Images Metaverse exchange-traded funds are booming in South Korea as retail investors buy into funds focused on tech’s new
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Gold medalist USA’s Nathan Chen celebrates at the Beijing 2022 Winter Olympic Games on February 10. Sebastien Bozon | AFP | Getty Images The 2022 Winter Olympics is well underway in Beijing, and more than 200 medals have already been awarded to athletes from around the world. Finishing on the podium is a matter of
In this article NAVI Supannee U-prapruit | iStock | Getty Images For many American families, the largest cash infusion they get all year is their tax refund. The average check cut by the IRS was more than $2,800 in 2021, although refunds might be smaller this year for several reasons. How you should spend the
In this article EFX Scyther5 | Getty Images Your ticket to free credit monitoring for four years may be sitting in your inbox. If you signed up for this service a couple of years ago as part of the settlement from the 2017 massive data breach at credit-monitoring firm Equifax, you should have received information
Ben Rains breaks down the market at the halfway point of February. The discussion then turns to two strong retail and e-commerce stocks—Shopify (SHOP) and Walmart (WMT)—to consider buying ahead of their upcoming quarterly financial releases due out during the week of February 14. (0:30) – Stock Market Update: Everything You Need To Know (6:10)