Author: iannouncethis.com
It is possible to buy life insurance through some qualified retirement plans, like a 401(k) or a pension. If you do so, you can pay for the coverage using pre-tax dollars. In other words, you save on taxes while buying life insurance. These plans tend to be complex to administer and must follow strict rules for managing the life insurance policy. This strategy if often used by business owners who control their company retirement plan and have the need for a large, expensive life insurance policy. Key Takeaways You pay life insurance premiums with pre-tax dollars in a qualified retirement…
MANHATTAN, NEW YORK, UNITED STATES – 2023/06/06: Marquee at the main entrance to the FOX News … [+] Headquarters at NewsCorp Building in Manhattan. (Photo by Erik McGregor/LightRocket via Getty Images)LightRocket via Getty Images [Note: News Corp Fiscal Year Ends in June] News Corp stock (NASDAQ NDAQ : NWSA), a global, diversified media and information services company, is scheduled to report its fourth-quarter results on Thursday, August 10. We expect NWSA’s stock to trade lower due to revenues and earnings missing expectations in its fourth-quarter results. The traditional publishing industry is facing disruption due to digital news and information outlets.…
Bellway is cutting jobs and doing away with two divisions as a response to the slowdown in house building and sales. It’s thought the housebuilder will cut 90 jobs among its 3,000-strong workforce, according to Sky News. Bellway said in a statement: “In response to current market conditions which have caused a slowdown in the sales market and a reduced output for house building, we have today announced proposals to make some structural changes across our business. “This includes the potential closure of two of our operating divisions, with sites being transferred to other divisions, a reduction in capacity in…
The National Bureau of Economic Research (NBER) defines a recession as a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income, and wholesale retail trade. It is caused by a chain of events in the economy, such as disruptions to the supply chain, a financial crisis, or a world event. A recession can also be triggered after an inflationary period. When inflation increases, central banks raise interest rates to slow the economy with the goal of bringing down inflation. With higher interest rates, the probability of a recession…
Stephanie Lin, Hightower’s chief investment strategist, joins ‘Halftime Report’ to discuss why she is buying more American Express, the earnings potential for American Express, and the state of U.S. consumer spending. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC…
(Photo by Leon Neal/Getty Images)Getty Images “Intel was frankly falling behind… we saw this as a huge problem and began to sound the alarm.” – Secretary of Commerce (Obama Admin) Penny Pritzker (July 2023) “Intel’s Stumble is Very Bad for America.” – Sen. Marco Rubio (Aug 2020) [Note to self: I should have written this column a year ago, when the story became more or less obvious – it would have made me look a lot smarter now…????] [Note to the reader: This is a lengthy analysis – anyone who is impatient can skip to the last few paragraphs for…
As Bitcoin continues to enjoy more mass adoption, many have regretted their decision not to get in earlier on the flagship cryptocurrency. Co-founder of private investment firm The Carlyle Group David Rubenstein joins this long list of individuals as he wishes he had bought BTC early on. Bitcoin Is Here To Stay Speaking on Bloomberg Television on August 8, Rubenstein said he wished he had bought Bitcoin when one BTC was worth $100. The statement stems from the fact that the billionaire believes BTC is here to stay, following “enormous interest” in the cryptocurrency. He explained that Bitcoin’s decentralization is…
The rates you see here generally won’t compare directly with teaser rates you see advertised online, since those rates are cherry-picked as the most attractive, while these rates are averages. Teaser rates may involve paying points in advance, or they may be selected based on a hypothetical borrower with an ultra-high credit score or taking a smaller-than-typical loan. The mortgage rate you ultimately secure will be based on factors like your credit score, income, and more, so it may be higher or lower than the averages you see here. Source link
Investors at the New York Stock Exchange trade upwards of a billion shares in a single day, but many of those trades take days to settle. Big banks like JPMorgan and Citi think they have a solution, and they need to borrow a tool from crypto to make it happen—blockchain. Citi thinks tokenizing assets on the blockchain could be a $5 trillion dollar industry by 2030. But tight regulation of markets, and a crackdown on crypto from the SEC could slow adoption. Chapters: 00:00 — Introduction 01:36 — Chapter 1 03:28 — Chapter 2 05:19 — Chapter 3 07:35 —…
Measures taken by the government to help relieve financial pressures on student loan borrowers met resistance from lawmakers and private parties. This resistance made the near future somewhat uncertain for those with student loan debt. If you’re paying off a student loan, you might wonder what to do with the money you may have budgeted to make payments. Read on to learn how you can use your extra cash until you’re required to begin making payments. Key Takeaways The U.S. Department of Education worked with the federal government to enact emergency forbearance of eligible federal student loans due to the…