As the year 2024 unfolds, there has been a significant rise in Roth individual retirement account conversions. Data from Fidelity Investments shows a 44% year-over-year increase in the number of Roth conversions during the first quarter of this year. This trend indicates a growing interest among investors in transferring pretax or nondeductible individual retirement account
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When Starbucks and its baristas union resume contract bargaining this week, workers may have renewed momentum at their backs – courtesy of the company’s own CEO. The coffee giant last month found itself reporting an objectively challenging quarter. U.S. same-store sales fell 3% and traffic dropped 7%. As a result, the company cut its 2024
While some individuals may feel it is best to claim Social Security retirement benefits early, experts argue against this notion. The allure of accessing benefits at age 62 may be appealing, especially when considering the uncertainty of the program’s future or wanting to maximize benefits. There may be a misconception that investing in the S&P
Porsche has always been known for its high-performance sports cars, but now the company is making a bold move into the world of hybrid vehicles. The 2025 911 Carrera GTS hybrid is the first-ever production hybrid version of the iconic 911 sports car, with a starting price of $164,900. This marks a significant change for
The recent push to accelerate the settlement of trades on Wall Street is set to take center stage this week. With the shift to a T+1 settlement cycle, trades of stocks and other securities will now need to be settled by the end of the next business day. This move represents a significant evolution in
The recent “Morning Meeting” livestream of the CNBC Investing Club with Jim Cramer provided valuable insights into the market movements on Tuesday. The Nasdaq surpassed the 17,000 mark for the first time, largely fueled by the significant gains in Nvidia’s stock price. Jim Cramer acknowledged Nvidia’s strong position in the market by stating, “Nvidia is
The trend of buy now, pay later (BNPL) programs has been on the rise, especially as a means for some shoppers to manage their finances. Despite the staggering total debt of $17.5 trillion owed by Americans, BNPL loans are proving to be a popular choice due to their ease of access and lack of credit
The gender pay gap has been a long-standing issue in the workforce, marking the inequality in wages between men and women. But when it comes to Asian American, Native Hawaiian, and Pacific Islander (AAPI) women, the situation is even more dire. These women have to work until April 3 to make the same pay that
When it comes to running a small business, finding ways to save on taxes can be crucial for success. One popular strategy that has been getting a lot of attention on social media platforms like TikTok, Instagram, and YouTube is hiring your own children. While this can indeed provide tax benefits, it is important to
In recent times, the landscape of the cinema industry has undergone a significant transformation, especially in the wake of the pandemic. The closure of theaters, shorter theatrical windows, and limited production of content have led to a change in the movie-going habits of audiences. As a result, consumers have become accustomed to viewing more content