News

Exchange-traded funds have a 'tax magic' that many mutual funds don't offer

Fewer exchange-traded funds generate capital gains distributions for investors each year relative to mutual funds.

Treasury again delays the beneficial ownership reporting deadline for small businesses

A Jan. 13 deadline for businesses to report "beneficial ownership information" was delayed again following a court order.

If interest rates remain 'higher for longer,' the winners are those with cash accounts

The Federal Reserve indicated a slower pace of interest rate cuts in 2025. Savers with high-yield savings and other cash-like accounts should benefit.

10-year Treasury yield back above 4.6% after mixed jobless claims data

Treasury yields were higher Friday as traders assess data on jobless claims and wholesale inventories.

Treasury delays deadline for small businesses to file new form to avoid risk of fines for noncompliance

The Treasury delayed a Jan. 1 deadline to file a new "beneficial ownership information" report to Jan. 13 following a recent court order.

More than 90% of 401(k) plans now offer Roth contributions – but only 21% of workers take advantage

The share of employers that offer a Roth 401(k) option has increased a lot over the years. A 2022 law will make it nearly ubiquitous among plan sponsors.

10-year Treasury yield rises above 4.6% ahead of jobless claims

Investors awaited new data on weekly jobless claims.

Biggest banks planning to sue the Federal Reserve over annual stress tests

A lawsuit is expected this week and could come as soon as Tuesday morning, a person familiar with the matter said.

Why the 'great resignation' became the 'great stay,' according to labor economists

Employers have pulled back on hiring and workers are quitting at lower rates following a period of high churn in the U.S. job market.

How much money does Mariah Carey make from 'All I Want For Christmas Is You'? 'It's a lot,' music expert says

The yuletide anthem makes millions of dollars every year, estimates suggest. The "Queen of Christmas" likely keeps a big chunk of that haul, experts say.

This country may have the fastest-growing e-commerce sector 'on the planet'

EMQQ Global founder Kevin Carter is making a big bet on the world's second-biggest emerging market.

How the Federal Reserve's rate policy affects mortgages

Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.
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