You probably find lots of junk mail in your mailbox. But, if you are one of the 50 million beneficiaries with Part D prescription drug coverage, either through a stand-alone Part D drug plan or incorporated into a Medicare Advantage plan, pay attention now. Buried in that stack of mail…

After months of high interest rates, the economic tides appear to be shifting.Experts largely expect the Federal Reserve to slash interest rates during the central bank’s meeting on Wednesday, a reversal of a rate-hiking policy aimed at taming post-pandemic era inflation.For consumers, declining short-term interest rates will come as a…

If you’ve inherited a pre-tax individual retirement account since 2020, you could face a sizable tax bill without proper planning, experts say. Previously, heirs could take inherited IRA withdrawals over their lifetime, known as the “stretch IRA.”However, the Secure Act of 2019 enacted the “10-year rule,” which requires certain heirs, including…

Sam’s Club said Tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to Costco. Sam’s Club, the membership club arm of Walmart, will increase its minimum wage to $16 starting in November from $15 an hour. It will also raise wages…

This article was written byFollowAndrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls;…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseChevron boss Mike Wirth has blasted the Biden administration’s oil and gas policy, saying it was “undermining energy security” for US allies and threatening the country’s prosperity. Wirth, chief…

In the wake of the apparent assassination attempt against former President Donald Trump on Sunday, Trump’s running mate, Sen. JD Vance, argued in a speech in Georgia on Monday that the two recent attempts to kill Trump are evidence that “the left needs to tone down the rhetoric and needs…

It’s an issue for some adult children with aging parents. When the elders need care, there is resistance to using the parent’s own funds to cover the cost of caregiving. It’s puzzling. For example, faithful son (FS) has been taking care of his mom by himself for 25 years. He…

Many investors unknowingly make a costly mistake when rolling their money from a 401(k) plan to an individual retirement account: leaving their money in cash.Rollovers from a workplace retirement plan to an IRA are common after reaching certain milestones like changing jobs or retiring. About 5.7 million people rolled a…

Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday.The decision marks a significant shift from Amazon’s earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Now, the…