Analyst sees new households hitting 'all-time highs' in coming years
STORY: "We think new household and family formations in the coming years are going to achieve new all-time highs," said Wantrobski.
CORRECTION: Seven Democrats voted for the GOP amendment that would extend a cap on the SALT tax deduction. A previous version of this story included incorrect information. Maverick Sen. Kyrsten Sinema (D-Ariz.) on Sunday backed a Republican amendment to shield businesses that rely on capital investment from private equity groups from the 15 percent corporate minimum…
In 2019, 35.7 million people relied on the Supplemental Nutrition Assistance Program (SNAP) to eat, according to the Annie E. Casey Foundation, but enrollment had been steadily declining since 2013....
If you're familiar with finance expert Dave Ramsey, you probably already know he is not a fan of borrowing. On his blog, Ramsey explained the common reasons why people get personal loans: consolidating debt at a lower interest rate; building credit; and buying things you cannot afford to pay for outright. Ramsey warned it can be a "lot of work" to take out a personal loan, only to "get absolutely nowhere."
Here’s the 10 wealthiest individuals from Illinois on Forbes’ billionaires list for 2022.
As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that spread alongside the company’s growth into a global e-commerce giant.
After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p
When you inherit property, the IRS applies what is known as a stepped-up basis to that asset. Here's how capital gains are taxed on inherited property.
Even in a year when prices for just about everything are skyrocketing, the surging price of food stands out. In June, the federal government's food-at-home index -- meaning food you buy at a grocery...
‘I have made an earnest attempt to get the bank to take their money back, so I was wondering if at any point or time the money would become legally mine.’
Marc Andreessen, who once wrote a blog post called “Time to Build,” lives in Atherton, California, America’s richest town. His YIMBY stance in the macro sense looks more NIMBY in the micro.
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist Walter Scott, which owns an 8% stake. Buffett's Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake's value was reflected on its books.
It looks like Exxon Mobil Corporation ( NYSE:XOM ) is about to go ex-dividend in the next three days. The ex-dividend...
These two real estate investment trusts boast safe, market-beating dividend yields of 3.3% and 5.1%, respectively.
With deposits high, legacy big banks don’t feel much pressure to raise depository rates right now. There are a few ways, however, for savers to squeeze slightly higher yields on their idle cash.
A real estate investment trust and a business development company each send passive income to shareholders a dozen times a year.
Advanced Micro Devices continues to deliver strong financial results, which could lead to blockbuster gains in its stock price.
A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 since November 2020.
(Reuters) -The slide in U.S. stock prices punished Berkshire Hathaway Inc's bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at the Geico car insurer, where parts shortages and higher used vehicle prices boosted accident claims. Despite the huge net loss, "the results show Berkshire's resilience," said James Shanahan, an Edward Jones & Co analyst who rates Berkshire "neutral."
These stocks might give your portfolio a boost.
Bank of America Corporation ( NYSE:BAC ) has announced that it will be increasing its dividend from last year's...