Company News for May 4, 2023

The Wall Street Journal
Watching the Real-Estate Bust From the Streets of San Francisco
As it rolls toward downtown San Francisco, the California Street cable car passes the gothic Grace Cathedral and an 8-foot tall statue of Tony Bennett. Among them is 650 California Street, a 34-story office building that has defaulted on its mortgage. Further on is 101 California, whose second-biggest tenant left last year and whose biggest is slashing staff and office space.
20h ago
SmartAsset
How Much Can a Retired Person Earn Without Paying Taxes?
Many retirees plan to earn extra income to supplement their retirement spending. But how much can a retired person earn without paying taxes? The answer to this question varies based on your situation. Understanding the tax rules surrounding retiree income can … Continue reading → The post How Much Can a Retired Person Earn Without Paying Taxes? appeared first on SmartAsset Blog.
7h ago
SmartAsset
Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
1d ago
Bloomberg
Stocks Flash Recession Warning as Trouble Spreads to Industrials
(Bloomberg) -- US small-cap and industrial stocks are dropping, typically signals of a recession, but in a year where equities have already beaten expectations some investors are dismissing the moves as little more than noise — for now.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s A
4h ago
Business Insider
Nvidia stock is a bubble waiting to burst – and the AI rush may be a modern version of 17th-century tulip mania, note says
Nvidia shares could soon plunge just like 17th-century tulips and 1990s dot-com companies did, according to Rebellion Research.
1d ago
SmartAsset
Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?
Is it wise to start converting my 401(k) into an IRA (and then Roth) by 10% per year in order to avoid having to claim too much income each year when converting and also avoid RMDs as much as I can? -Cathy It's definitely smart to be thinking about this, Cathy. Systematic Roth conversions like […] The post Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.
4h ago
Yahoo Finance
Retirement investors are finally getting good returns from the 'safest assets in the world'
Cash investments are seeing some of the largest yields in more than decade.
4h ago
Business Insider
Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.
Grantham opined about his experience driving a Tesla, the biggest bubble in world history, and why real estate is in a global bubble.
2d ago
USA TODAY
Savings account interest rates are best in years, experts say. How to get a high yield.
Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.
12h ago
Investopedia
Which States Don’t Tax Social Security Benefits?
Generally, only very low-income taxpayers escape the Social Security tax altogether. Eleven states do tax Social Security benefits. One more state, Colorado, taxes only Social Security benefits received by residents under age 65.
2d ago
Fortune
Gen Z is souring on college degrees as a path to success, sociology professor says. They have a good reason: Skills-based hiring is the way of the future
Practice over pedigree is the new normal. College students have gotten the hint.
1d ago
Business Insider
US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns
As US debt explodes, net interest payments are projected to become the single biggest expenditure by 2051, even topping Social Security.
1d ago
Investor's Business Daily
3 Reasons The Fed Is Wrong And It's A Good Time To Buy Treasuries
The Federal Reserve sees consumer spending as too hot only because it's looking through the rearview mirror. The road ahead looks bumpy.
1d ago
Bloomberg
Corzine Plans to Shut Hedge Fund and Return Capital to Investors
(Bloomberg) -- Jon Corzine will shutter the hedge fund he started after the collapse of MF Global Holdings, marking the end of his bid to rebound from one of the largest bankruptcies in US history. Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneRaw Meat-Eating Liver King A
8h ago
Investor's Business Daily
Dow Jones Futures Loom: Market Correction Smashing Leaders; Is Tesla The Next To Crack?
Friday's bounce fizzled, capping a grim week, with the S&P 500 hitting three-month lows. Tesla is close to breaking, but there are some stocks trying to hold up.
9m ago
Barrons.com
Treasury Yields Are Headed Even Higher. Stocks Won’t Like It.
The 10-year Treasury yield just breached 4.50%. Some market strategists see yields north of 5% coming into view.
1d ago
The Wall Street Journal
How to Buy a Car in 2023: Three Questions to Answer Before You Start
Looking for a new or used ride doesn’t have to be stressful. Pros share advice on taking the plunge.
1d ago
SmartAsset
What Will My Lifestyle Look Like if I Retire With $20 Million?
Imagine awakening to the gentle sound of waves washing up on a pristine beach, steps away from your luxury villa. You enjoy a gourmet breakfast while planning your day, debating between taking a tranquil boat trip or enjoying a private tour of a renowned local museum. All of these are made possible because you’ve amassed […] The post What a Retirement Lifestyle With $20 Million Looks Like appeared first on SmartReads by SmartAsset.
1d ago
The Telegraph
Why one of Britain’s biggest energy ports is turning to hydrogen
Dozens of ships arrive each week in the Milford Haven Waterway, many bearing vast cargoes of crude oil and natural gas.
1d ago
SmartAsset
Retirees Rely on Social Security The Most in These US Cities
When inflation surges and cash loses its purchasing power, retirees' hard-earned savings suddenly don't go as far as they expected. Inflation may also lead to widespread salary increases, but retirees typically don't benefit from wage growth because they've already left … Continue reading → The post How Important Is Social Security to Retirees in U.S. Cities? 2023 Study appeared first on SmartAsset Blog.
1d ago

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Company News for May 4, 2023

Recommended Stories

Watching the Real-Estate Bust From the Streets of San Francisco

How Much Can a Retired Person Earn Without Paying Taxes?

Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?

Stocks Flash Recession Warning as Trouble Spreads to Industrials

Nvidia stock is a bubble waiting to burst – and the AI rush may be a modern version of 17th-century tulip mania, note says

Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?

Retirement investors are finally getting good returns from the 'safest assets in the world'

Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.

Savings account interest rates are best in years, experts say. How to get a high yield.

Which States Don’t Tax Social Security Benefits?

Gen Z is souring on college degrees as a path to success, sociology professor says. They have a good reason: Skills-based hiring is the way of the future

US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns

3 Reasons The Fed Is Wrong And It's A Good Time To Buy Treasuries

Corzine Plans to Shut Hedge Fund and Return Capital to Investors

Dow Jones Futures Loom: Market Correction Smashing Leaders; Is Tesla The Next To Crack?

Treasury Yields Are Headed Even Higher. Stocks Won’t Like It.

How to Buy a Car in 2023: Three Questions to Answer Before You Start

What Will My Lifestyle Look Like if I Retire With $20 Million?

Why one of Britain’s biggest energy ports is turning to hydrogen

Retirees Rely on Social Security The Most in These US Cities