This could be a very good year for one lucky winner of the fourth-largest jackpot in Mega Millions history. And yet, kicking off 2023 with $785 million could have a downside. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of
Month: January 2023
Valentinrussanov | E+ | Getty Images As the Federal Reserve continues to hike interest rates, you may assume you’re earning more on the money in your savings account. But that may not be the case. related investing news 2023 looks good for the market — especially for one ‘extremely attractive’ asset class: Fund manager Weizhen
A sign is posted in front of a home that is for sale on December 19, 2022 in Los Angeles, California. Mario Tama | Getty Images Home prices are falling into a deep winter chill, as higher mortgage rates push more buyers to the sidelines. Prices in November were still 8.6% higher than during the
A Tesla vehicle is displayed in a Manhattan dealership on January 30, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making the biggest moves in the premarket: Tesla — Shares fell 5% after reporting a record 40% growth in deliveries. However, the numbers missed analyst expectations. JPMorgan analyst Ryan
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. China’s economy likely grew by just 3% in 2022, economists
A look into the big department stores this holiday season.
In this article TGT WMT Follow your favorite stocksCREATE FREE ACCOUNT A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in
A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images 2022 was a rough year for crypto. More than $1.3 trillion was wiped off the value of the market. And bitcoin, the world’s largest digital coin, saw its
FatCamera | E+ | Getty Images Anyone without health insurance has about two weeks left to get 2023 coverage through the public marketplace — and subsidies could make it affordable. Open enrollment for the federal health care exchange runs through Jan. 15, with coverage taking effect Feb. 1. (If your state has its own exchange,
Most employers allow you to take funds out of your retirement account, but the withdrawals come with significant downsides. Our columnist discusses other options. Hardship withdrawals from workplace retirement accounts are edging upward — another sign, along with rising credit card debt, that Americans have been feeling financial pain from inflation. “Their budgets are stretched
Several provisions in the spending bill outline new ways employers can help workers save for retirement. The federal spending package unveiled on Tuesday includes new provisions that would alter how millions of Americans save for retirement, including older people who want to stash away extra money before they stop working and those struggling under the
Younger investors who are navigating market volatility and trying to save for retirement are finding that roboadvisers lack the personal touch. Breana Jones started investing in 2014, building up her retirement savings and putting aside money to buy a house. “I have youth on my side,” said Ms. Jones, a 32-year-old Los Angeles resident and