Peter Lourenco | Moment | Getty Images Stocks are wobbling amid a U.S. war with Iran, and investors may feel anxious. But volatility is a common feature of the stock market. Indeed, drops of 1%, 2% or more in a given day — though they may feel nauseating at the time — happen more often…
Lordhenrivoton | E+ | Getty Images Volatility is an inevitable part of investing, and financial advisors say most people shouldn’t make any major changes to their portfolio solely because President Donald Trump’s military campaign in Iran is rattling markets. However, it may be a different story for those hoping to retire in the near future….
Skynesher | E+ | Getty Images With about six weeks until the April 15 tax deadline, some filers are turning to artificial intelligence chatbots for help with returns. But tax experts urge filers to use caution. “Grok can help with your taxes,” Elon Musk said in an X post on Tuesday. Developed by Musk’s startup xAI,…
Sen. Elizabeth Warren, D-Mass., speaks during a press conference on Social Security in front of the U.S. Capitol on May 5, 2025 in Washington, D.C. Kayla Bartkowski | Getty Images News | Getty Images A bipartisan group of Washington, D.C., lawmakers plans to reintroduce a bill on Thursday that would update a federal anti-poverty program…
CNBC’s Sharon Epperson delivers the latest on hardship withdrawals from 401(k) accounts. Source link
Oscar Wong | Moment | Getty Images Amid the U.S. housing shortage, some lawmakers want to reduce capital gains taxes on home sales. But experts disagree on whether this idea could help tackle the country’s home affordability crisis. Sens. Ted Cruz, R-Texas, and Tim Scott, R-S.C., this week sent a letter to Treasury Secretary Scott…
Andriy Onufriyenko | Moment | Getty Images The escalating war in the Middle East jolted the stock market on Tuesday — a reaction that history suggests is common after a global shock, but often not lasting. While the market rebounded Wednesday morning, the Standard & Poor’s 500 index, a broad measurement of how U.S. companies’…
U.S. President Donald Trump delivers the State of the Union address on Feb. 24, 2026, in Washington, D.C. Kenny Holston-Pool/Getty Images In his State of the Union address, President Donald Trump said “your 401(k)s are way up” — and they are, but hardship withdrawals are also up, new data shows. “Since I took office, the typical 401(k) balance…
Pedestrians make their way early morning in the hallway of the Grand Central terminal in New York on February 29, 2024. Charly Triballeau | AFP | Getty Images More than 4 in 10 people — or 43% — are trying to change their career fields this year, according to a new report by online employment platform…
Halfpoint Images | Moment | Getty Images Spouses who don’t ask one question — “your 401(k) or mine?” — could be losing out on retirement money, research finds. By failing to allocate retirement savings to the spouse with the employer that provides the highest match rate, couples may be leaving money on the table, according…