Every year, the IRS adjusts certain tax thresholds and amounts to keep pace with inflation, and this year is no different. In addition to new tax brackets and higher standard deduction and estate limit amounts, the IRS just unveiled new income tax thresholds for capital gains in 2026. If you have investment income, these updated […]
IRS Updates Capital Gains Tax Thresholds for 2026: Here’s What’s New Read More »
Stock futures pointed sharply lower Tuesday, with shares of Palantir Technologies leading declines even though the AI software firm reported strong quarterly results. Futures associated with the tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average were down 1.3%, 1%, and 0.6%, respectively, a day after the indexes closed mixed. Palantir Technologies (PLTR) shares sank nearly 8%
Stock Futures Point Sharply Lower; Palantir Leads Tech Share Declines Read More »
Editor’s note: This is the fifth article in a step-by-step guide for getting your financial house in order. We’ve already brought you information on compiling your net worth statement, reviewing asset titling and beneficiary designations, the importance of powers of attorney and wills, trusts and related documents. For October, we’re addressing how to talk to
Your Estate Plan Isn’t Complete Until You’ve Done These Steps Read More »
Key Takeaways Procter & Gamble and Colgate-Palmolive leaders said consumers are buying more high-end household staples, while sales of bargain brands cool. Both companies plan to navigate this environment by leaning into product innovations—upgrades that tend to accompany price increases. Some companies are struggling to sell basic household goods—but consumers are snatching up high-end toothpaste
Some Americans Aren’t Looking to Save on Household Goods—They’re ‘Trading Up’ Read More »
Key Takeaways The middle class is shrinking, and the upper class is growing. If your income exceeds $161,000, you’re considered a part of the upper class. Your social circle, media consumption, and where you live can shape perceptions of wealth. These influences can lead to poor financial decisions that harm rather than help. It’s essential
Do You Live Among the Rich? Here’s How to Tell Read More »
Australia’s central bank holds rates steady, cautious about inflation
Australia’s central bank holds rates steady, cautious about inflation Read More »
Key Takeaways Over the past 50 years, cities with expanding economies saw the fastest home value gains as people and jobs flocked in. High-paying jobs coupled with hurdles that limit homebuilding caused house prices to surge in California, Seattle, Boston, New York, and Denver. In Cleveland and Memphis, home values barely grew in 50 years.
It was a choppy start to November as market participants looked ahead to a busy week of earnings reports and little sign that the government shutdown will end anytime soon. However, two of the three main indexes closed higher as Amazon.com (AMZN) kept climbing. At the close, the S&P 500 was up 0.2% at 6,851
Amazon Surge Sends S&P 500, Nasdaq Higher to Start November: Stock Market Today Read More »
Key Takeaways AI is generative software that “learns” patterns from data to make predictions or decisions. Quantum computing is a new kind of hardware that uses quantum bits (qubits) to process many possibilities simultaneously, potentially solving problems too complex for today’s computers. AI and quantum may converge in the future: quantum could supercharge certain AI
Why People Confuse AI with Quantum Computing and Why You Should Care Read More »
Key Takeaways Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI. The agreement allows OpenAI to use Amazon’s bank of hundreds of thousands of Nvidia chips. Amazon shares rose to a record high Monday after the tech giant said it struck
Amazon’s Stock Climbs to Fresh High on $38B Cloud Computing Deal With OpenAI Read More »