Gen Z is proving to be a generation that is ahead of the curve when it comes to investing. According to the 2024 Schwab Modern Wealth survey, Gen Z adults are starting their investment journey at the young age of 19 on average. This is a stark comparison to the baby boomers who began investing
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As we approach the second-quarter estimated tax deadline for 2024 on June 17, it is crucial to understand the significance of making timely payments to avoid penalties. The IRS mandates that individuals who earn income without withholdings, such as from contract jobs, freelancing, gig economy work, or small businesses, must make quarterly estimated tax payments.
Living and working abroad comes with many challenges, including the responsibility of filing taxes. For U.S. citizens and resident aliens residing outside the country, the deadline to file for 2023 taxes is June 17. This automatic two-month extension gives expats the extra time they need to fulfill their tax obligations. To qualify for the June
With the world still navigating the aftermath of the Covid-19 pandemic, one thing has become increasingly clear – remote work is here to stay. What began as a temporary solution during lockdowns has evolved into a long-term trend that is reshaping the traditional workweek for many employees. According to labor economists, remote work offers a
In the world of investing, there are stories that capture the attention of the masses, and Keith Gill’s rise to prominence in the GameStop saga is one of those tales. Almost five years ago, Gill made a bold move by revealing a $53,000 bet in GameStop, his favorite video game retailer. Little did he know
Warner Bros. Discovery’s Max recently announced price increases for its ad-free options, raising concerns among subscribers of the popular streaming service. The news comes at a time when several other streaming platforms are also hiking their membership fees, making it more expensive for consumers to access their favorite content online. Max currently offers three pricing
The emergence of Financial TikTok, or #FinTok, has drawn the attention of many individuals, particularly those belonging to Generation Z. This group has shown an increasing interest in obtaining financial information, tips, and advice through various social media platforms like TikTok, YouTube, and Instagram. This shift can be attributed to the limited access this generation
In recent years, there has been a noticeable shift in the hiring practices of many companies. Instead of focusing solely on traditional metrics like education and years of experience, employers are now placing a greater emphasis on applicants’ skills. According to data from job site Indeed, the share of online job postings in the U.S.
Costco Wholesale managed to exceed Wall Street’s expectations in its third-quarter earnings report, showcasing strong sales growth and lower operating expenses. The company’s total revenue for the quarter reached $58.52 billion, marking a 9.1% increase from the previous year and surpassing analysts’ estimates. Additionally, earnings per share came in at $3.78, outperforming forecasts and displaying
Despite higher profits and lower costs, Best Buy missed Wall Street’s quarterly sales expectations. The retailer saw a drop in revenue from the previous year, with sales ranging from flat to a 3% decline. The company blamed softer demand for consumer electronics as a contributing factor to these lackluster results. Best Buy has been struggling