The money in your 401(k) and IRA accounts doesn’t belong entirely to you
Of course, we have all benefited throughout the years by not having to pay taxes on contributions paid into our traditional 401(k) plans and IRA accounts and on the investment returns on those contributions. Deferring taxes for decades has real value. A little algebra reveals that the benefit is equal to exempting investment returns on […]
Most Americans Would Move for a Job
Just because the job market has been strong does not mean that your dream job, or even your next opportunity, will be local. It’s possible that landing the position that will advance your career will require moving — and that’s something the majority of Americans are willing to do, according to a new survey from Robert Half. Over half […]
Fight this behavioral impulse when picking your 401(k) investments
The best piece of investment advice you might ever get is to re-sort the list of investment options for your 401(k). Right now the choices are probably listed alphabetically. Change to rank them by expense ratio. If you can’t do that, focus on that information as you scroll down the list. That’s because the order […]
This one thing is making Americans less satisfied with their finances
For the first time in two years, Americans’ satisfaction with their personal finances appears to have worsened. And stock market volatility is the likely culprit. In the fourth quarter of 2018, the average American’s personal-financial satisfaction fell off an all-time high, a report released Thursday by the American Institute of CPAs found. For five straight quarters before […]
Nokia returns to the US with help from Verizon and Cricket Wireless
It has also teamed up with Rogers in Canada. Nokia’s parent company, HMD Global, chose to put its US ambitions in the back burner to focus on markets where the brand has been enjoying a resurgence these past few years. Now, the company has decided that it’s time to release phones in the US with carrier partners again. […]
Volkswagen will produce its own car batteries and mobile EV chargers
It’s pouring $870 million into the initiative. Volkswagen’s been trying to claw back its credibility with an ambitious commitment to EVs ever since its $18.2 billion dollar emissions scandal. Its lofty production goals aside, the German manufacturer’s latest green move could see it kickstart Europe’s car battery industry. In back-to-back announcements, VW said today that […]
Electrify America shuts down most of its high-powered EV chargers
It would be a major headache if you owned a car that could use one. Volkswagen-backed Electrify America has been busy building up an infrastructure of 150kW and 350kW-capable electric vehicle charging sites, even before there are any production cars on the road to use them. However, now it has had to take most of […]
Aston Martin’s first electric sedan quietly rolls into view
Watch the first Rapide E validation prototype driving under its own power. Earlier this week, Aston Martin CEO Andy Palmer tweeted out a very important moment for his company: the first time its Rapide E prototype drove off under its own power. It’s the company’s first electric car, designed under a mandate to “retain and […]
Fabrinet (FN) Moves Higher on Volume Spike for January 25
Fabrinet (FN) traded on unusually high volume on Jan. 25, as the stock gained 3.46% to close at $57.76. On the day, Fabrinet saw 858,860 shares trade hands on 6,933 trades. Considering that the stock averages only a daily volume of 426,541 shares a day over the last month, this represents a pretty significant bump […]
Synergy Pharmaceuticals Inc. (SGYP) Soars 9.17% on January 25
Synergy Pharmaceuticals Inc. (SGYP) had a good day on the market for Friday January 25 as shares jumped 9.17% to close at $0.41. About 15.58 million shares traded hands on 25,644 trades for the day, compared with an average daily volume of n/a shares out of a total float of 248.04 million. After opening the […]