BRETT ARENDS'S ROI How do America’s working stiffs feel about their retirement savings? There’s a new survey out, and pretty much everything in it depresses me. Retirement confidence is way down. Retirement anxiety is way up.
Pfizer finished 2022 in strong form, besting fourth-quarter analyst predictions and setting both revenue and earnings records for the year.
Pfizer is rethinking its strategy for early-stage drug development for rare diseases, meaning a large facility in Durham could soon hit the market.
Early retirement is a dream for many — that can turn into a nightmare.
The benefits of aging include senior discounts, wisdom gained from experience and – when it comes to retirement saving – catch-up contributions. Anyone 50 and older have the option to contribute extra cash to a wide variety of retirement accounts. And … Continue reading → The post Retirement Catch-Up Contributions Get Bigger But Beware These Tax Changes appeared first on SmartAsset Blog.
WASHINGTON (Reuters) -The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp's record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil industry. Oil majors are expected to break their own annual records due to high prices and soaring demand, pushing their combined take to near $200 billion. The scale has brought renewed criticism of the oil industry and sparked calls for more countries to levy windfall profit taxes on the companies.
Mark Miller's recommendations on saving and investing for retirement, Social Security, Medicare and more.
Intel is slashing its CEO pay by 25%—but cuts aren't just limited to executives.
Not all retirement plans are equal. Find out the ones that work best for you.
Ryan Olohan was told there were "obviously too many white guys" on his management team.
This week, sportswear giant Nike filed a lawsuit accusing lululemon of infringing on its patents in the shoe line that the Vancouver-based activewear company launched last spring. After years of selling exclusively clothing, accessories and the odd yoga mat, lululemon expanded into the world of footwear with a running shoe it dubbed Blissfeel last March. According to the lawsuit filed in Manhattan federal court, certain knitted elements, webbing and tubular structures are too similar to ones that had been used by Nike earlier.
Oil producer discipline, steady global demand and an embargo on Russian crude likely to keep the market tight even in a downturn, CEO says.
Global energy firms are carefully developing new oil and gas projects—mostly outside the United States.
These growth stocks are down more than 50%, creating an attractive buying opportunity for patient investors.
“There is a window of opportunity to gain share...and 2023 is a pivotal year that will establish the winners and losers in this EV landscape,” Wedbush tech analyst Dan Ives says amid the industry's price cuts.
ExxonMobil raked in $55.7 billion in annual profits, shattering a 2008 record of $45 billion and setting a new goalpost for American and European fossil fuel companies.
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The tract of land sits along Carolina Road – near where it intersects N.C. Highway 211 – and within Iron Horse Industrial Park. During an Aberdeen Town Council meeting on Jan. 23, the board instructed the town clerk to research the sufficiency of a petition to annex the land, which is a customary step in the process of developing land. The proposed investment is another signal of Moore County's rapid growth as the Sandhills region continues to attract new residents and businesses.
You say you want to avoid that, so your options are to open a rollover IRA at pretty much any financial institution and put in the whole amount, wait for your new job to allow you to open an IRA and transfer the full amount there or convert the full amount to a Roth IRA and pay the tax due on the transaction out of your own pocket. With a direct rollover, you won’t owe taxes, so you can just move the whole amount. You have to make sure the money changes hands within 60 days, though, or you’ll end up owing the tax and the early withdrawal penalty.
The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp's record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil industry. The scale has brought renewed criticism of the oil industry and sparked calls for more countries to levy windfall profit taxes on the companies. A White House statement said Exxon's profit margin was particularly galling as Americans paid record high prices at the pump.
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