Based on a lot of the recent dire headlines, many Americans may have come to think of Social Security as an asset that is going to disappear from their financial future rather than be part of it, but it may be a bigger factor in portfolio success than it gets credit for, according to investing
In this article PSX Follow your favorite stocksCREATE FREE ACCOUNT The Phillips 66 Los Angeles Refinery Wilmington Plant stands on November 28, 2022 in Wilmington, California. Mario Tama | Getty Images Company: Phillips 66 (PSX) Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: Midstream, Chemicals, Refining, and
Maria Korneeva | Moment | Getty Images As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. After an infusion of funding, the agency said it aimed to more than double the audit rate for the wealthiest taxpayers. But the IRS’ future priorities are unclear amid changing
Both taxpayers and the IRS sometimes face challenges when filing and processing federal tax returns. To help you out, here are five tips that will help you avoid delays and ensure a smoother tax filing process for both sides. Tips to help you avoid delays while filing taxes 1. Collect all tax documents before filing.
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, co-founder and CEO of Airbnb Inc., during a news conference in Los Angeles on May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb shares surged 14.5% and notched their best day ever after the company reported stronger-than-expected fourth-quarter earnings. The stock
A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and the U.S. economy, there’s a group of Americans who may benefit: tourists traveling abroad. That’s due to the impact of tariffs on the
A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth-quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent luxury
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in
Prapass Pulsub | Moment | Getty Images If you have a tax bill or bigger than expected refund this season, it may be time to update your paycheck withholding, which can be tricky, experts say. Typically, there’s a refund when you overpay taxes throughout the year, and a tax bill when you don’t pay enough.
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Mortgage rates moved slightly lower again last week, keeping refinance demand on the rise. Applications to refinance a home loan jumped 10% compared with the previous week and
House Budget Resolution Aims to Balance Tax Cuts, Spending Skip to content Home • Blog • House Budget Resolution Aims to Balance Tax Cut and Spending Reduction Goals The House Budget Committee has released a budget resolution that specifies large reductions in both taxes and spending over the next decade, paving the way to extend
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