Just_super | E+ | Getty Images Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health.  A working paper released
0 Comments
Ascentxmedia | E+ | Getty Images Many workers dream of an early retirement. In reality, more than half of workers — 58% — retire earlier than they planned, usually due to unforeseen circumstances, according to new research from Transamerica Center for Retirement Studies in collaboration with Transamerica Institute. The median age they call it quits
0 Comments
The IRS starts processing your income tax return as soon as they receive it. But how long does it take to receive your tax refund after processing begins? What is the IRS tax refund schedule for tax year 2024? The IRS generally processes e-filed returns and sends refunds to taxpayers in less than 21 days.
0 Comments
In this article DELL Follow your favorite stocksCREATE FREE ACCOUNT Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations
0 Comments
Xavierarnau | E+ | Getty Images If you’re retired and planning a year-end donation to charity, there’s a key move to maximize your tax break, financial experts say.   Qualified charitable distributions, or QCDs, are direct transfers from an individual retirement account to a non-profit organization. Additionally, retirees can give more in 2024, according to
0 Comments
10’000 Hours | Digitalvision | Getty Images As families gather for Thanksgiving this year, money is one topic that likely won’t be discussed. Yet experts say it’s a perfect time to start the conversation, particularly with aging parents. More than half of Americans — 56% — say their parents never discussed money with them, according
0 Comments
The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or
0 Comments