Boeing’s Starliner capsule, which recently delivered NASA astronauts to the International Space Station, will be returning to Earth empty. This decision has taken many by surprise as NASA had previously seen the capsule as the primary choice for bringing the crew back. However, due to issues with its propulsion system, Starliner’s crew flight test faced
The recent data breach at National Public Data, a background check company, has sent shockwaves through the online community. While you may not have heard of this company before, the breach has potentially exposed the personal information of millions of individuals. Reports suggest that over 2.7 billion personal records may have been compromised, including sensitive
Maxing out your 401(k) contributions for 2024 may seem like a no-brainer for some individuals, but financial advisors suggest that it may not be the best option for everyone. While employees can defer up to $23,000 into 401(k) plans, with an extra $7,500 for workers age 50 and older, there are some important factors to
The recent announcement by Federal Reserve chair Jerome Powell has hinted at possible interest rate cuts, signaling a shift in monetary policy. This potential change has left investors contemplating on how to navigate their portfolios in light of these developments. Financial advisors, such as Winnie Sun and Lee Baker, advise that long-term investors with diversified
Federal Reserve Chair Jerome Powell recently delivered a speech at the Fed’s annual retreat in Jackson Hole, Wyoming, indicating a shift towards interest rate cuts. This move comes at a time when the economy is facing challenges due to inflation and the need to maintain full employment. Powell’s remarks have generated speculation and anticipation in
Over the past decade, the shareholder returns of leading homebuilders such as D.R. Horton and Lennar have outperformed the broader S&P 500 index. Despite facing recent downgrades in their investment outlook, there is still optimism among some investors regarding the industry’s potential for growth and performance. This trend suggests that there may be underlying strengths
In a move to combat the increasing spread of Covid-19 in the United States, the Biden administration has announced that it will resume offering free at-home tests to American households starting in late September. This initiative comes as the virus continues to gain momentum across the country, particularly during the summer months. Americans will have
The recent Monterey Car Week saw a 3% decline in auction sales compared to the previous year, signaling a shift in the market for classic cars. The total sales at five major auction houses during the event fell to $391.6 million, down from $403 million in 2023. This decline follows a 14% drop the year
The concept of remote work has become a fundamental aspect of the U.S. labor market, marking a significant shift in how people approach their jobs. Before the Covid-19 pandemic, remote work was a rare occurrence, with only a small percentage of workers having the opportunity to work from home. However, as the pandemic forced organizations
Retirees face the challenge of managing various sources of income including Social Security, pensions, retirement plans, and other investments. In order to avoid IRS penalties, retirees must either withhold taxes or make quarterly payments. For the year 2024, the quarterly estimated tax deadlines fall on April 15, June 17, Sept. 16, and Jan. 15, 2025.