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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…
Shares of Donald Trump’s social media company are experiencing another bout of turbulence following the latest assassination attempt against the former president and face of Truth Social. Shares of Trump Media & Technology Group (DJT) initially climbed 5% in premarket trading early Monday in the wake of the Sunday security…
I think there’s a clear argument to be made now to favor bonds over stocks, given we are entering a Fed cutting cycle. And within that? Actively managed bond funds. Why? Because as we transition to a different cycle, I suspect different parts of the bond market will diverge from…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS prosecutors have filed gun charges against the man suspected of an apparent effort to kill Donald Trump, the second attempted assassination against the Republican presidential candidate in just…
The National Oceanic and Atmospheric Administration confirmed on Monday it is investigating Robert F. Kennedy Jr. for allegedly decapitating a dead whale carcass and transporting it home two decades ago. On Saturday, Kennedy said at a campaign event in Arizona he received a letter from the National Marine Fisheries Services,…
CTA and Estate Plans and Trusts The Corporate Transparency Act (“CTA”) is a mandate that requires most smaller closely held business entities to file a rather invasive report with the Financial Crimes Enforcement Network of the Treasury Department. The CTA has been written about extensively, but it seems that most…
Republican Gov. Mike DeWine of Ohio on Sunday rebuked the false conspiracy theories that have been amplified by former President Donald Trump and his running mate, Ohio Sen. JD Vance, about Haitian immigrants stealing and eating people’s pets in Springfield, Ohio.”This is a piece of garbage that is simply not…
Former president Donald Trump lashed out at pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris.”I hate Taylor Swift!,” Trump posted in all caps on Truth Social, the website owned by the Trump Media & Technology Group.Swift endorsed Harris in on…
Federal Reserve officials won’t say how former President Donald Trump winning a second term could impact the economy. Actually, the Fed prides itself on avoiding even the suggestion that it is wading into politics. But transcripts of closed-door Fed meetings from Trump’s first term give some clues about top economists’…