The IRS has issued more guidance on the required minimum distribution (RMD) rules—this time in the form of final regulations. The final regulations offer some clarity on the withdrawal and eligibility requirements for inherited IRAs. RMDs By law, you are required to withdraw funds from your retirement account each year…

Mortgage and rental costs are shifting throughout the country, with some parts of the country paying astronomical rent costs and others facing steep monthly mortgage payments. In certain cities in the Bay Area, for example, owning a home costs at least $2,000 more than renting, a Smart Asset study found.…

A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt handout plan that is designed to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican…

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We are buying 50 shares Advanced Micro Devices at roughly $155.36. Following the trade, Jim Cramer’s Charitable Trust will own 350 shares of AMD, increasing its weighting to 1.63% from 1.4%. Chip stocks and other technology names initially got off to a solid start in Thursday’s session in response to…

Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on…

America’s eyes are finally fixated on the 2024 election. After months of tuning out what had been a fairly predictable and uneventful race between the two party incumbents, recent earthshaking events have upended the state of politics, adding an unexpected wrinkle to the storyline and prompting audiences to turn their…

Volvo Car AB (publ.) (OTCPK:VLVOF) Q2 2024 Earnings Conference Call July 18, 2024 2:00 AM ET Company Participants Ron Banerjee – Head of Corporate CommunicationsJames Rowan – President and Chief ExecutiveJohan Ekdahl – Chief Financial Officer Conference Call Participants Harry Martin – BernsteinGeorge Galliers – Goldman SachsHampus Engellau – HandelsbankenJose…

Stay informed with free updatesSimply sign up to the Financial services myFT Digest — delivered directly to your inbox.House purchases and major UK payments were disrupted on Thursday after an outage at a Bank of England system that lasted for several hours. Payments via the Chaps service, which is used…

McCarthy reacts to Gaetz trolling him during RNC interview: ‘He looks very unhinged’ Former House speaker Kevin McCarthy responds to the moment Rep. Matt Gaetz (R-FL) interrupted his interview with CNN’s Kaitlan Collins during the Republican National Convention. The pair have been at odds since Gaetz led the effort to…