A new bill in Congress would crack down on wealthy Americans who use 401(k) retirement accounts and IRAs as tax shelters for billions of dollars in wealth. The 401(k) and IRA were designed to offer tax breaks to help Americans save enough money for a comfortable retirement. At a certain point, however, a swelling retirement account isn’t really about retirement.
Most budgets fail because they’re built on assumptions rather than actual spending data. Track every transaction for one full month first and you’ll almost certainly find categories where you’re spending two or three times what you guessed. Build your budget from that reality, not from what you think you spend. Source
LPL Financial has added HighWater Wealth, a San Diego-based firm with $2.4 billion in advisory assets focused on high-net-worth investors, from U.S. Bank. The team has joined Quotient Advisor Partners, an office of supervisory jurisdiction of LPL. The HighWater team includes Kristian Forster, Mike Rookus, Falko Hörnicke, Tim Davidson and Brian Rissman. They focus on…
Following Microsoft’s (MSFT) Q4 earnings and record-setting appreciation ($450 billion in market capitalization gained in a single trading day!), the immediate binary event risk is officially behind us. Despite the surrounding noise regarding elevated AI capital expenditure, the fundamental engine of the business remains fully intact, presenting an exceptionally high-probability income trade: selling the August 21st weekly…
“Fifty Shades” star Dakota Johnson has officially sold her stunning Los Angeles home for just a few dollars under her $6 million asking price—just days after putting it on the market.
If you already own a car, be sure to practice the smart gas mileage tips that the American Safety Council’s First Time Driver blog suggests: driving more efficiently (avoiding speeding, idling and rapid acceleration and braking), using cruise control, removing unnecessary weight from your car, keeping up with maintenance and planning your trips. However, if…
Sarah Friar, CFO of OpenAI, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 21st, 2026. Oscar Molina | CNBC As OpenAI chases rival Anthropic in the enterprise and tries to sustain growth in the face of new competition from cheaper open-source alternatives, the artificial intelligence company is seeking…