Investing News

Roth 401(k) vs. Roth IRA: An Overview There is no one-size-fits-all answer as to which is better, a Roth 401(k) or a Roth IRA. It all depends on your unique financial profile: how old you are, how much money you make, when you want to start withdrawing your nest egg, and so on. There are

In this article JPM JPMorgan Chase says that companies can deal with global labor shortages in part by tapping the neurodiverse and people with criminal backgrounds. The New York-based bank has hired thousands of people with criminal records and hundreds of people with autism or other conditions, Brian Lamb, JPMorgan’s global head of diversity, equity

Initial claims for unemployment insurance across the U.S. were 227,000 for the week ending March 5, 2022, on a seasonally adjusted basis. This represented an increase of 11,000 (5.1%) from the revised figure for the prior week. This came after five declines in the prior six weeks. It also was 5.1% above the estimate of

The U.S. Securities and Exchange Commission (SEC) proposed, on March 9, 2022, amendments to its rules that are intended to enhance and standardize disclosures by public companies regarding cybersecurity risk management, strategy, governance, and incident reporting. The proposed amendments aim to inform investors about a registrant’s risk management, strategy, and governance, and to provide timely

Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings and investing app is now valued at $1.9 billion after the transaction, more than double its last private round valuation, according to

In this article OXY Vicki Hollub, President and CEO, Occidental Petroleum Corporation, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images As oil prices surge to the highest levels since 2008, Occidental Petroleum CEO

Hiring a maid or a house cleaning service may seem like the ultimate luxury for many of us. But your time is worth money, and the time you spend scrubbing the kitchen floor might be more profitably, not to mention more enjoyably, spent elsewhere. To borrow a term from economics, it’s lost opportunity cost. Key

Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Female-founded companies received only 2.1% of venture capital dollars invested in 2021 in the U.S., according to PitchBook. “Lack of access to finance

You may maintain both a traditional IRA and a Roth IRA, as long as your total contribution doesn’t exceed the Internal Revenue Service (IRS) limits for any given year, and you meet certain other eligibility requirements. The IRS limit for both 2021 and 2022 is $6,000 for both the traditional and the Roth IRA combined.

In this article WOOF AAPL ABNB CRM SPLK Apple CEO Tim Cook attends the premiere for season two of the television series “Ted Lasso” at Pacific Design Center in West Hollywood, California, U.S. July 15, 2021. Mario Anzuoni | Reuters The last week has been nothing but turmoil for not only the stock market, but

Some of the most popular countries that offer the financial benefit of having no income tax are Bermuda, Monaco, the Bahamas, and the United Arab Emirates (UAE). There are a number of countries without the burden of income taxes, and many of them are very pleasant countries in which to live. However, taking advantage of

In this article LPSN Daniloandjus | E+ | Getty Images Company: LivePerson Inc. (LPSN) Business: LivePerson is a New York-based software company that was founded in 1995 by Robert LoCascio, the current CEO and chairman. The company was the preeminent webchat provider in the U.S., if not globally, with 35% of the market share and

In this article C Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of

You can withdraw your contributions from your Roth IRA at any time and for any reason, but that does not mean it is a good idea. There are a number of reasons why you might want to think twice before taking an early withdrawal from a Roth IRA. Key Takeaways Unlike a traditional IRA or

In this article MSCI Traders work on the floor of the New York Stock Exchangeon March 04, 2022 in New York City. Spencer Platt | Getty Images Exchange traded funds that track Russian stocks fell dramatically this week and face an uncertain future as the war in Ukraine has led to Russia being increasingly isolated

(Click here to subscribe to the Delivering Alpha newsletter.) Software has been one of the worst-performing sectors this year amid a rising rate environment and geopolitical tensions overseas.  This comes as no shock to Orlando Bravo who helms tech-focused private equity firm Thoma Bravo. He says the mantra of ‘growth at all costs’ is over and that

What Is Supply-Side Economics? Supply-side economics is better known to some as “Reaganomics,” or the “trickle-down” policy espoused by 40th U.S. President Ronald Reagan. President Reagan and his Republican contemporaries popularized the controversial idea that greater tax cuts for wealthy investors and entrepreneurs provide them with incentives to save and invest, and produce economic benefits

Billionaire Warren Buffett says he drinks five Cokes a day. Bloomberg | Getty Images Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola. Berkshire Hathaway began buying Apple’s stock in 2016 and amassed a 5% ownership of the iPhone maker by mid-2018 with

Checking accounts offer convenience for managing money, but a sizable number of Americans don’t have one. According to Federal Reserve (Fed) data, 6% of U.S. adults are unbanked, meaning that they have no checking account, savings account, or money market account. Instead, they rely on alternative financial services, such as check-cashing companies and payday lenders,

Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The VanEck Russia ETF fell 25% in premarket trading Monday as the conflict in Ukraine generated new U.S. sanctions against Russia. On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and