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Finance
The biggest downside to 529 plans is about to go away. Now they’re a ‘no-brainer,’ expert says
To be sure, 529 college savings plans already had a lot going for them.Now, thanks to "Secure 2.0," a slew of measures affecting retirement savers, they're about to be even more…
Household income rose in just 5 states last year. Is your state one of them?
American workers are feeling the pinch. The median annual household income in the U.S. was $74,755 in 2022, a 0.8% decline from the previous year after…
5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day:1. Wall Street ralliesThe Dow Jones Industrial Average saw its best day in more than a month…
The 2023 Mazda CX-30 vs. the Hyundai Venue, 2 subcompact SUVs under $25K: Which is better?
Inexpensive cars are growing rare, but there are still a handful of reliable rides under $25,000 on the market in 2023. Most of them are subcompact SUVs –…
Ray Dalio says to hold cash ‘temporarily’ — but don’t buy debt and bonds
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute ConferenceBloomberg | Bloomberg | Getty ImagesAs concerns mount over rising…
Stock market today: Live updates
3M was the biggest laggard in the 30-stock Dow, dropping more than 5.7%. Caterpillar shares were lower by 2%. Meanwhile, Apple shares declined more than 1%, falling for a second…
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.Fraser said in a release that…
UAW president says union will strike at three U.S. auto plants if no deal reached by midnight
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023.Michael Wayland / CNBCDETROIT – The United Auto Workers…
The IRS is hitting pause on new claims for a pandemic tax credit ‘overtaken by aggressive promoters’
The Internal Revenue Service will stop processing new claims on a pandemic-era credit for businesses that has become prone to questionable claims and…
Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests
Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest.FirstMark Capital's Rick Heitzmann believes real fundamental…