Boeing’s Starliner capsule was set to return from the International Space Station with NASA astronauts Butch Wilmore and Suni Williams on board. However, in an unexpected turn of events, NASA announced that the capsule would be returning empty, leaving the astronauts to return via SpaceX’s Dragon spacecraft. Unforeseen Problems with Starliner The decision to bring
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When it comes to saving for retirement, maxing out your 401(k) contributions may seem like the best option. However, financial advisors warn that this may not be the right choice for everyone. Before you decide to increase your contributions and max out your plan account for 2024, there are several key considerations to keep in
The Biden administration recently announced that it will resume offering free at-home Covid-19 tests to American households starting in late September. This decision comes at a time when the virus is making a resurgence in the U.S. during the summer months. Through the COVIDtests.gov website, Americans will have the opportunity to request up to four
The recent data breach at National Public Data, a background check company owned by Jerico Pictures Inc., has raised concerns about the exposure of personal information. While the company released details of the breach after facing a proposed class action lawsuit alleging the exposure of 2.9 billion personal records, conflicting reports suggest that the leaked
Auction sales during Monterey Car Week experienced a 3% decline from the previous year, which can be attributed to a shift from older classic cars to newer models. This change in preference has left a surplus of unsold classics from the 1950s and 1960s, signaling a transformation within the high-end car market. This transition was
Remote work has become a significant trend in the U.S. labor market, with economists recognizing it as a major shift that has taken place over the past couple of decades. According to Nick Bunker, economic research director for North America at job site Indeed, the work-from-home revolution is still going strong and is expected to
Managing taxes can be a daunting task for retirees who have income from various sources such as Social Security, pensions, retirement plans, or other investments. The quarterly estimated tax deadlines for 2024 might seem like a hassle, but there is a lesser-known strategy that can help retirees cover their taxes efficiently. Experts suggest utilizing required
Philadelphia Federal Reserve President Patrick Harker recently expressed his support for an interest rate cut during the upcoming September meeting. He emphasized the need for a methodical approach and clear signaling to the markets. Following the release of minutes from the previous Fed policy meeting, officials have gained confidence in the trajectory of inflation and
The shares of Danish biotech company Bavarian Nordic have seen a significant increase of 13% following the release of stronger-than-expected earnings. This spike in stock price came after the company reported second quarter revenues of 1.43 billion Danish krone and an operating profit of 420 million krone, surpassing the predictions of analysts reported by Reuters.
Required Minimum Distributions (RMDs) are mandatory withdrawals that individuals with pretax retirement accounts must make once they reach a certain age. These withdrawals are subjected to taxation, which can pose challenges for retirees who might not necessarily need the money. However, experts believe that RMDs present an opportunity for individuals to reassess and optimize their