Business

If you’ve spent decades saving for retirement, your IRA and 401(k) balances probably feel like a financial safety net. Watching those accounts grow can be reassuring. But without careful planning, even healthy retirement savings can morph into a ticking tax bomb. That’s because the Internal Revenue Service (IRS) mandates withdrawals from these retirement accounts once…

If you’ve ever witnessed something the rich people you know are able to have/do for basically free, tell me about it down in the comments. Or, if you want, you can share via the anonymous form below. Your story may be featured in an upcoming BuzzFeed post! Note: Some submissions have been edited for length…

Some restaurants around Arlington and Falls Church are offering incentives for those brave enough to face the snow and sleet on foot today (Sunday). Others made the call to close during the harsh winter weather. Metropolitan Washington Restaurant Week has been extended until Feb. 1 at select restaurants to give more time for specials after…

ESPN News Services Jan 25, 2026, 04:17 PM ET NEW YORK — The Vikings, Wild, Timberwolves, Lynx, Twins and Minnesota United FC joined dozens of Minnesota-based companies that signed an open letter calling for state, local and federal officers to work together in the wake of tensions over two fatal shootings by federal agents in…

Updated Jan. 25, 2026, 3:41 p.m. ET Kroger is closing all of its Cincinnati, Northern Kentucky and Dayton stores early Sunday night in response to the winter storm. Stores in the region will close at 6 p.m. Jan. 25, a Kroger spokeswoman told The Enquirer. Kroger plans to reopen on Monday, Jan. 26, at normal…

When envisioning the CEO of a billion-dollar company, it’s easy to fall victim to the clichés: a well-manicured businessman adorned in designer clothes, jet-setting from one international meeting to the next, a team of assistants in tow. But not every entrepreneur enjoys the spoils of their success with a glitzy lifestyle—some are simply thankful to…

News Published: Jan. 25, 2026, 11:10 a.m. Giant Eagle locations will close early today but plan to reopen with normal hours tomorrow.Ryan Cohick, cleveland.com CLEVELAND, Ohio – Giant Eagle and Market District locations will close at 4 p.m. today but plan to resume normal business hours tomorrow, according to a company spokesperson. All Giant Eagle…

The Federal Reserve is set to announce its rate decision, and almost no one expects it to cut rates. However, traders will be paying very close attention to Chairman Jerome Powell’s post-meeting press conference, which could hold the real intrigue. STORY CONTINUES BELOW His take on what to expect in the coming months and on…

Major Minnesota business leaders on Sunday called for an “immediate deescalation of tensions” after federal immigration agents fatally shot U.S. citizen Alex Pretti in Minneapolis. More than 60 CEOs of Minnesota-based companies signed a letter urging “state, local and federal officials to work together to find real solutions.” The companies said the recent tumult in Minnesota has…

Andrzej Domański: ‘Public opinion favours the zloty, but the main reasons we’re not working on euro adoption right now are economic’ © Maciek Jazwieck/FT Poland is in no hurry to join the Eurozone, with the government arguing that the country’s strong economic performance shows it is better served by retaining the zloty for now. Finance…

With a lifetime of investing under his belt, billionaire Warren Buffett’s no stranger to stock market volatility. And while both the S&P 500 and Nasdaq 100 are up slightly year-to-date, US stocks are starting to get a bit wild. The VIX volatility index is up almost 30% since January kicked off, and now sits close…

DEAR ABBY: It seems that everywhere I go, people expect tips. Yesterday, I pulled up to the drive-through at a cookie store, and before I paid or was handed my cookies, the clerk asked, “Would you like to leave a tip?” My niece recently told me that after she left a tip at a restaurant,…

New York  —  The stock market in President Donald Trump’s first year back in the White House was the weakest of any president’s first year of a new term since 2005, when George W. Bush started his second term. From Trump’s inauguration day to January 20, 2026, the S&P 500 rose 13.3% — healthy gains…

Sara Klimek/Chowhound Say what you may about non-alcoholic beers (which, in the United States, have to have less than 0.5% ABV), but they have come a long way. A couple of decades ago, you wouldn’t have been able to find more than one of them in the grocery or liquor store, let alone served at…

There’s a popular saying among fans of tech billionaire Elon Musk: Never bet against him. But in the booming world of online prediction markets, some people are not only betting against Musk, but also bringing in big paydays doing so. On the prediction market websites Kalshi and Polymarket, some bettors are making tens of thousands…

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…