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  • Business
    Kiplinger19 hours ago

    9 IRS Audit Red Flags for Retirees

    ThinkstockIn 2015, the Internal Revenue Service audited only 0.84% of all individual tax returns. So the odds are generally pretty low that your return will be picked for review. That said, your

  • Business
    Kiplinger16 hours ago

    3 No-Brainer Stocks to Buy for Retirement

    Retirement investing is not what it used to be. The problem with the Federal Reserve's attempt to goose the economy is that it killed bond yields, forcing retired investors further out onto the risk curve, making it difficult to find safe stocks to buy. When it comes to retirement stocks, I have very firm requirements, which I'll describe in detail when I launch my stock advisory newsletter, The Liberty Portfolio, early next year.

  • The Titanic of retail: Sears is 'set to sink' as stores close, executives flee, and the CFO admits the brand is falling short
    Finance
    Business Insider2 days ago

    The Titanic of retail: Sears is 'set to sink' as stores close, executives flee, and the CFO admits the brand is falling short

    Sears reported mounting losses on Thursday and acknowledged that the company has "fallen short" of expectations for a recovery. Same-store sales dropped 7.4%, including a 10% decrease at Sears stores and a 4.4% decrease at Kmart stores. Sears' cash and equivalents fell 12% to $258 million in the period.