Roth conversions are widely considered financially advantageous. Financial advisors often recommend them, and online calculators frequently frame them as a tax-saving strategy. The idea behind it is simple: pay taxes now to move savings from pre-tax retirement accounts into a Roth account, where funds can grow tax-free and be withdrawn later. However, these calculations only…
In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT U.S. President Donald Trump and CEO of Ford Jim Farley clap, as President Trump visits a Ford production center, in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters DETROIT — The only consistency has been inconsistency for the U.S. automotive industry…
American workers adopted artificial intelligence into their work lives at a remarkable pace over the past few years, according to a new poll. Some 12% of employed adults say they use AI daily in their job, according to a Gallup Workforce survey conducted this fall of more than 22,000 U.S. workers. The survey found roughly…
During his trip to Davos for the World Economic Forum, Coinbase CEO Brian Armstrong shared that a top executive at one of the world’s 10 largest banks told him that crypto is now their “number one priority” — and that they view it as “existential.” Armstrong’s post, shared on X, highlighted a shift in how…
Few brands in TV enjoy as consistently positive a reputation as HBO. Sure, the premium cable network throws up the occasional flop like anybody else, but the channel that helped inaugurate the whole concept of “the golden age of television” continues to post many of TV’s most critically and commercially successful projects with notable regularity….
Donald Trump this past week abruptly ditched his plan to invade Greenland — and the head-spinning about-face came thanks to the US bond market. Yes, you read that right: It wasn’t diplomacy, and it wasn’t backroom deals among bigwigs inside some posh chalet here at the World Economic Forum. Instead, it was the bond market…
This useful dashboard tracks the conditions of the Texas power grid. HOUSTON — Anytime the Texas power grid is the subject of a conservation advisory, or when the weather turns extreme in the Lone Star State, it’s a good time to check on supply and demand. The Electric Reliability Council of Texas has a dashboard…
This essay appeared in the Jan. 24, 2025 edition of the Fortune 500 Digest newsletter, which rounds up the headlines driving the week’s most important business news and coverage of Fortune 500 companies. Subscribe to receive it in your inbox every Saturday morning. What is it like to be a Fortune 500 CEO during the…
A new lawsuit filed by shareholders of Hasbro against the company and its directors alleges that company leadership has mismanaged Magic: The Gathering by overprinting sets of cards, thereby devaluing existing ones. It also, quite notably, claims that Hasbro leadership “concealed the true reason” that its widely-criticized, incredibly expensive Magic: The Gathering 30th Anniversary Set…
Officials say most Houston customers will be restored within 12 hours if they have a loss of power. HOUSTON — CenterPoint Energy officials said Saturday they are projecting between 100,000 and 200,000 customer outages over the next couple of days as a winter storm brings freezing rain and ice to the Houston area. The utility, which…
Photographer: Chris J. Ratcliffe/Bloomberg (Bloomberg) — US Commerce Secretary Howard Lutnick told the elites gathered in Davos that the Trump administration believes globalization is “a failed policy” that left America behind. A day later, his boss, President Donald Trump, predicted the US stock market would double from records he openly took credit for. There’s a…
In this article USAR Follow your favorite stocksCREATE FREE ACCOUNT Alex Jech walks past equipment that will become part of the production line at USA Rare Earth’s facility in Stillwater, Oklahoma on June 20, 2025. Nick Oxford | The Washington Post | Getty Images The Trump administration is taking a 10% stake in USA Rare Earth as…
LOUISVILLE, Ky. (WDRB) — WDRB weather cameras are stationed at seven locations across Louisville, central Kentucky and southern Indiana. Here’s a real time look at conditions from Seymour, Indiana to Bardstown, Kentucky. Weather Forecast | Radar | Share Photos & Videos Kentucky Bardstown Downtown Louisville Elizabethtown Simpsonville Indiana Corydon New Albany Seymour More coverage: Winter storm updates | How…
Esyllt CarrBusiness reporter BBC They’re the injections helping some people shed pounds, but weight-loss drugs are also transforming the way people spend. About 1.6 million people in the UK used weight-loss jabs in 2024, the latest research from University College London suggests, with millions more saying they’d be interested in trying them. For those paying…
Amazon is planning to cut approximately 14,000 corporate jobs starting next week, marking the second major layoff wave since October and bringing total reductions to 30,000 roles. CEO Andy Jassy clarified the cuts aren’t driven by AI or financial concerns but by excessive bureaucracy and organizational layers. The layoffs will affect employees across AWS, retail,…
We’re Only Three Weeks Into 2026 And These 32 People Have Already Posted The Dumbest Things I’ve Ever Seen In My Life Posted on Jan 24, 2026 1. On the states: 2. On that classic saying: 3. On ovens: 5. On apologies: 6. On airports: 7. On the number one: 8. On very specific eggs:…
The federal government is looking to “revitalize Dulles” airport but so far there’s just a ‘request for information’ that closed January 20, with two submissions that actually included new terminal renderings. The Department of Transportation is calling to reimagine Dulles “at the speed of Trump” and “Make Dulles Great Again.” This includes a concept for…
President Donald Trump’s federal housing finance director, Bill Pulte, quietly granted government-backed lenders the authority to nearly double a $200 billion bond purchase that Trump ordered to try to lower mortgage rates, a move that could introduce a new level of risk for the companies. An email obtained by The Associated Press that was sent by the Federal Housing…
MAGA Republicans were sent into a frenzy this week after Nathan’s Famous, the iconic New York-based hot dog brand, was acquired by Smithfield Foods. Smithfield Foods is an American-based subsidiary of WH Group, a Chinese multinational pork company. It was founded in Virginia in 1936. Smithfield bought Nathan’s Famous, known for its annual July 4…
There were times at this week’s meeting of the World Economic Forum when Davos seemed transformed into a high-powered tech conference, with on-stage appearances by Tesla CEO Elon Musk, Nvidia CEO Jensen Huang, Anthropic CEO Dario Amodei, Microsoft CEO Satya Nadella, and even more industry executives. The big topic, unsurprisingly, was AI, with CEOs laying…
Elon Musk shared an incredible detail about Tesla Cybercab’s potential efficiency, as the company has hinted in the past that it could be one of the most affordable vehicles to operate from a per-mile basis. ARK Invest released a report recently that shed some light on the potential incremental cost per mile of various Robotaxis…
The Trump administration has been trying to shore up supplies of critical minerals in a battle for dominance with China © Reuters The Trump administration is planning to inject $1.6bn into an American rare earths company, its biggest investment in the sector, in Washington’s latest foray into private industry to shore up supplies of key…
A winter storm will bring snow and frigid temperatures to our area this weekend. Our crews are already preparing by salting outdoor areas at stations, deploying snow-fighting equipment, and monitoring switches and tracks. But we’re also taking precautions to ensure trains and buses can operate safely, and there will be service changes on subways, buses,…
Claude Code, the company’s surprisingly popular hit, is a coding tool that has captured the attention of users far beyond the software engineers it was built for. First released in February 2024 as a developer assistant, the coding tool has become increasingly sophisticated and sparked a level of excitement rarely seen since ChatGPT’s debut. Jensen…
In this article CVX COP TTE-FR Follow your favorite stocksCREATE FREE ACCOUNT A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020. Esam Omran Al-fetori | Reuters Libya will sign a 25-year oil development agreement on Saturday with France’s TotalEnergies and U.S.-based ConocoPhillips,…
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The Social Security system in the United States is in deep trouble. According to the 2025 Trustees report (1), the Old-Age and Survivors Insurance (OASI) trust fund, which pays benefits to retirees and survivors, could be depleted by 2033,…
Note: the last article updating on robotaxis (from two days ago) has new data that changes the conclusions. Read it here (premium). Things are moving so fast in AI, and there’s so much to digest, that it’s hard to write a good article on it, but that’s why it’s so important. Here’s my update on…
This week’s odd viral term: “house burping.” All kinds of outlets are writing about the trend, which involves briefly opening the windows of a home for ventilation—even in the dead of winter. As IFL Science explains, this is actually an age-old practice in Germany known as “lüften.” It’s “part health practice, part cultural quirk,” writes…
A spokesperson for Hoosier Energy said, “High demand for electricity and tight power supplies throughout the Midwest are causing a serious power supply emergency.” INDIANAPOLIS — The public is urged to cut back on electrical usage across central Indiana and southern Indiana, according to Hoosier Energy. In a news release Saturday, Jan. 24, a spokesperson…
Researchers on Friday said that Poland’s electric grid was targeted by wiper malware, likely unleashed by Russia state hackers, in an attempt to disrupt electricity delivery operations. A cyberattack, Reuters reported, occurred during the last week of December. The news organization said it was aimed at disrupting communications between renewable installations and the power distribution…
As winter weather conditions persist today in several regions, Delta teams are safely managing the weather impacts. We intend to operate a reduced schedule subject to real-time frozen precipitation and afternoon storm conditions. As winter weather conditions persist today in several regions, Delta teams are safely managing the weather impacts. We intend to operate a…
The Washington Post reports designers of Washington Dulles International Airport in Virginia are hoping President Donald Trump’s administration will support a plan to salvage an airport transportation system — if they stick the president’s initials on it. “It’s a name that fits,” said Susan Saarinen, daughter of the engineer who designed the airport’s beleaguered transport…
A $2 million winning ticket was sold at an Upstate New York gas station following Friday’s Mega Millions drawing. No one matched all of the numbers for the grand prize. The second-place ticket, sold at a Citgo Food Mart in Pine Island (Orange County), featured a 2X multiplier that doubled its value from $1 million…