The future Site of the city Neom, a planned cross-border city, stands empty before development begins in the Tabuk Province of northwestern Saudi Arabia, December 18, 2019. Picture taken December 18, 2019. Lucas Jackson | Reuters DUBAI, United Arab Emirates — If you’ve been seeing mysterious Bladerunner-type ads popping up on your phone recently for Neom
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Late last week, a federal appeals court officially halted President Biden’s student debt forgiveness. The U.S. Court of Appeals for the 8th Circuit issued an administrative stay on debt discharges while it reviews a lawsuit filed by six Republican-leaning states. The plaintiffs argue the debt forgiveness would lead to a loss in tax revenue, causing
Porquenostudios | Istock | Getty Images For those with student debt, the last few months may have given you whiplash. First, President Joe Biden said in August that he’d be forgiving up to $20,000 for millions of borrowers. But before much celebrating could happen, Republicans brought a slew of challenges to the policy, leaving it
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, Jewel-Osco, Sprouts and other local grocers. The announcement concludes a rocky month
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China’s central government is not likely to spend billions to save the struggling real
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You probably know that claiming income tax deductions reduces your taxable income. But did you know that not all deductions are created equal? Maybe you’ve heard the term “above the line” thrown around in tax conversations. Above-the-line deductions are actually adjustments to your taxable income — they are subtracted from your income before your adjusted
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JPMorgan Chase brought its Advancing Black Wealth Tour to Philadelphia on October 8, 2022. Photo: Steven CW Taylor & Salim Weldon of Steven Taylor Photography A new endeavor from JPMorgan Chase is trying to help close the racial wealth gap. The bank’s Advancing Black Wealth Tour, launched this spring, aims to give attendees the tools
BartekSzewczyk | Getty If you’ve already maxed out 401(k) plan contributions for 2022 and you’re eager to save more for retirement, some plans have an under-the-radar option, experts say. For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per
Kanye West attends the Givenchy Womenswear Spring/Summer 2023 show as part of Paris Fashion Week on October 02, 2022 in Paris, France. Stephane Cardinale – Corbis | Corbis Entertainment | Getty Images Major Hollywood talent agency CAA on Monday dropped Ye, also known as Kanye West, as the rapper and business mogul faces intensifying criticism
Single-bond exchanged traded funds may be the key to solving some frequent investing problems. In August, F/m Investments, a $4 billion multi-boutique investment advisor, launched three single-bond ETFs: the US Treasury 10 Year ETF (UTEN), US Treasury 2 Year ETF (UTWO), and US Treasury 3 Month Bill ETF (TBIL). They’re the first single-bond exchange-traded funds
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Only 41% of investors with over $1 million have a plan for passing on their wealth to future generations, UBS says. kate_sept2004 via Getty Images Some $84 trillion is expected to be passed from one generation to the next within the next 20 years. And that’s just in the United States. But 41% of those
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart has rolled out Joyspun, a new intimates and sleepwear line. It will replace one of its most popular apparel brands, Secret Treasures. Walmart Walmart is overhauling one of its most popular apparel lines — its top intimates and sleepwear brand. The discounter has begun
Cryptocurrency exchange Binance is getting closer to figuring out the identity of a hacker that orchestrated a $570 million hack on its BNB blockchain, CEO Changpeng Zhao told CNBC Monday. After getting some tips from law enforcement on who the hacker might be, Binance is now “narrowing down” the person or persons behind the attack,
Sofia Pitt, CNBC The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier this year. The potential untapped market — which hinges on, but extends beyond, sending a text via space — is spurring a
Sarah O’Brien hard at work writing about personal finance. Salvatore Agostino One of the best benefits of being a personal finance reporter is my keen ability to recognize the many money mistakes I’ve made in my life. I’ve already divulged a few in the first iteration of this confessional two years ago. While some of