Finance News

Portland, OR, USA - Dec 3, 2021: The 401(K) Plans page on the IRS website is seen on an iPhone. 401(k) plans are employer-sponsored defined-contribution pension accounts.

Boost your retirement savings thanks to new tax law

A new tax law passed in late December, Secure 2.0, will create seven new retirement rules that bring big changes to 401(k) and IRA retirement savers and help them put more money away for their futures beginning in 2023. New Secure Act 2.0 will make saving for retirement easier Congress

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LOS ANGELES - MAR 2: Elon Musk at the 2014 Vanity Fair Oscar Party at the Sunset Boulevard on March 2, 2014 in West Hollywood, CA

How Elon Musk Lost More Money Than Anyone Else in History

Elon Musk has long been considered to be a business genius. His companies, which include SpaceX and Tesla, have enjoyed considerable interest from investors and have been the subject of many fawning write-ups from financial analysts. However, after Musk purchased Twitter in late 2022, things took a turn. By taking

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Airplane on tarmac

Southwest Airlines loses $800 million over holiday travel meltdown

Southwest Airlines announced it lost $800 million in pretax earnings for the fourth quarter due to the computer system failure that led to a meltdown during holiday travel. The company is currently under federal investigation. Southwest Airlines lost $800 million due to holiday travel meltdown Southwest Airlines said the computer

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Jeff Bezos, New York 2019

Jeff Bezos Rumored To Buy Washington Commanders

Earlier this week reports circulated that Amazon founder Jeff Bezos was considering selling the Washington Post in order to buy NFL football team the Washington Commanders, but a new report says he’s not selling the newspaper. Jeff Bezos selling the Washington Post to buy the Commanders? Back in November 2022,

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Washington DC, United States, October 2020,Tesla CEO and space X founder Elon Musk

Twitter Ultimatum: Employees Exit in Droves, Lockouts, Predictions of Doom

After Elon Musk issued an “extremely hardcore” work ultimatum, employees are reportedly leaving in droves. Twitter has closed its offices, locking out staff, and one remaining employee predicts a rapid end for the platform. Twitter employees head for the exits after Musk gives “extremely hardcore” work ultimatum New Twitter owner

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Man being showered with money

Powerball Jackpot Hits $1 Billion for Monday, Your Odds

For only the second time in history, the Powerball Jackpot has reached $1 billion after no one picked a winning ticket in Saturday’s drawing. Now thousands of Americans are lining up for Monday night’s massive Jackpot. Do you feel lucky? Powerball jackpot reaches $1 billion Saturday saw the fifth-largest jackpot

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