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Quick Read A lump-sum development rights sale is taxable income that can push retirees past IRMAA thresholds, spiking Medicare premiums above the standard $203/month two years later. Retirees have three options: selling development rights (taxable), donating a conservation easement (deduction, no cash), or entering conservation programs with varying tax treatment. Easements are permanent, so consult…

Markets face the week’s most consequential moment Wednesday at 2:00pm when the Federal Reserve announces its rate decision and Fed Chair Kevin Warsh holds his first post-decision press conference, setting policy direction.This comes amid extraordinary uncertainty about technology sector valuations, artificial intelligence infrastructure spending, and economic growth trajectory. The decision arrives after a week dominated…

For 22 years, Google generated more cash than it spent every quarter. That record broke between April and June this year. Alphabet, Google’s parent, spent $44.9 billion on AI infrastructure (chips, servers and data centers) over those three months — or about $490 million a day. The business generated $39.1 billion in cash during the…

Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz began to recover amid a U.S.-Iran ceasefire. Within days of these warnings, the ceasefire was a painful memory, missiles were flying again, and now Yemen’s Houthis are striking tankers in the Red…

The House earlier this week passed legislation that would set new restrictions on stock trading by members of Congress, their spouses and dependent children. It doesn’t seem likely to cross beyond the Senate with critics deriding the measure as an inadequate one that contains “loopholes” and unrelated voting restrictions. The stock trade bill — known…

By Yantoultra Ngui, Selena Li and Liz Lee SINGAPORE/BEIJING, July 26 (Reuters) – Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge, the online retailer’s pre-IPO financial filings showed on Sunday. The filing, which lays…

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Private market investments are quickly becoming more accessible to the investing public, opening a whole new menu of investments to clients inside their retirement plans. Whether or not they’re needed is another story. The steadily…

Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and helps your balance grow. However, rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when…

According to rates from the Zillow lender marketplace, mortgage rates are mostly lower compared to last week. The current 30-year fixed rate rose by 24.1 basis points to 6.696%, the 15-year fixed rate rose by 9.6 basis points to 6.036%, and the 5/1 ARM rose by a whopping 41.4 basis points to 6.637%. Read more:…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Nucor Corporation will release its second-quarter earnings report after the closing bell on Monday, July 27. Analysts expect the steel producer to report quarterly earnings of $4.53 per share. That’s up from $2.65 per share in the year-ago…