Grace Cary | Moment | Getty ImagesAfter decades of building your nest egg, you will eventually have to start taking required minimum distributions, or RMDs, from pretax retirement accounts. The first RMD can be tricky, according to financial experts.Since 2023, most retirees must begin RMDs at age 73. The...
Check out the companies making headlines in midday trading. Lululemon – The athleisure retailer soared more than 18% after topping Wall Street's estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco – Shares jumped more than 16.7% after the pet retailer reported a...
Jobseekers talk to a recruiter at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesThe unemployment rate climbed sharply for Black women in November.The overall jobless rate edged up slightly last month to 4.2% from 4.1% in October,...
Accra, Ghana, December 6th, 2024, FinanceWireAs technology transforms political engagement, the Ghana King Telegram tap-to-vote app is making significant strides in empowering citizens and promoting election transparency. With national elections approaching, the app is already being utilized by nearly half a million Ghanaians to express their opinions and predict...
Bangalore, India, December 6th, 2024, FinanceWireJUSPAY, a leading provider of next-generation payment solutions for enterprises and banks, has announced the opening of a new office in Dublin, Ireland. This marks a significant milestone in the company’s international expansion, reflecting its commitment to a growing European customer base. Supported by...
The jobs report for November came in better than expected, and that growth came from several different areas of the U.S. economy, according to the data.Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Even though recruiting slowed down in the first half of this year to hit the lowest levels since the credit crisis, some broker-dealers and registered investment advisors are having success in hiring and recruiting from rivals. For example, LPL Financial recruited 47 financial advisors over the first half of...
When Herman Melville wrote Moby Dick, he had never actually visited the quaint Massachusetts isle of Nantucket. His multivolume novel spanned an epic battle — and now another, maybe less epic battle is being waged on the island dubbed “the most expensive in the world.” This time, the protagonists...
Members of the Writers Guild of America (WGA) and the Screen Actors Guild walk the picket line outside of Netflix in Hollywood, California, on August 9, 2023.Frederic J. Brown | AFP | Getty ImagesHollywood producers are taking their latest contract proposal public as talks between the studios and writers...
To paraphrase the famous line from “Jaws,” “We’re going to need a bigger moat.” Shares of Warren Buffett’s Berkshire Hathaway have returned 14% year-to-date, compared with a 15.5% rise for the S&P 500. Over the past 5 years, however, Buffett’s holding company is up 71% compared with the S&P 500’s...
