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crashin
1 day ago
As continuous inflation squeezes household budgets, the discount retail sector should potentially benefit across the board, with middle- and lower-income consumers looking for value driving foot traffic into value chains. That's roughly what happened in the second-quarter reports from Dollar General Corporation (NYSE:DG) and Dollar Tree, Inc. (NASDAQ:DLTR), both of which were released in late August. Both retailers outperformed expectations, though only one company's stock was rewarded for this.
Dollar General Corporation (NYSE:DG) reported second-quarter results on August 27 that exceeded expectations, and shares rose more than 6.5% in premarket trading. Net sales increased 5.2% to $11.29 billion, surpassing the $11.2 billion market forecast, while diluted EPS came in at $2.48, up 33.3% year-over-year and well above the $2.01 ******* ysts projected. Same-store sales increased 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, marking the fifth consecutive quarter of traffic growth and the sixth consecutive quarter of positive comps across all four merchandise categories.
Management improved their full-year estimate across the board: same-store sales growth is now expected to be 2.5% to 2.9%, up from 2.2% to 2.7% before, while full-year EPS guidance increased to $7.80-$8.00 from $7.20-$7.45. Tariff refunds, a lower LIFO provision, and improved shrink and damages helped increase the gross margin by 127 basis points to 32.6%. CEO Todd Vasos also pointed to continued market share gains from higher-income households switching away from traditional grocers, a trend the company has cited for several quarters, with management announcing plans to resume up to $700 million in share buybacks in the latter half of the year, backed by remodels under its Project Renovate and Project Elevate initiatives.
Dollar Tree's results, released on August 27, indicate a more complicated situation. Diluted EPS came in at $2.70, including a $1.31-per-share net benefit related to tariff refunds, while revenue increased 7% year-over-year to $4.89 billion. Comparable store sales up 3.7%, driven by a 3.3% gain in average ticket and a 0.4% increase in traffic, a return to positive traffic that occurred a full quarter ahead of management's internal plan.
However, the headline figure includes an important caveat: $1.31 of the $2.70 in EPS came from the net impact of $383 million in IEEPA tariff refunds after related reinvestment spending, duties, and taxes. Strip that out, and underlying EPS was $1.39, above the $1.00-$1.15 range management had guided to in May and about 23% above the $1.13 consensus estimate.

#TRAFFIC
fix922
2 days ago
Sen. Ted Cruz (Texas), a prominent conservative voice in the Senate GOP conference, says he's willing to support President Trump's proposal to give $5,000 dividend payments to U.S. adults provided that they are structured as tax refunds and go to people who work and pay taxes.
Asked about Trump's proposal, Cruz told Fox News's Jesse Watters that his support "depends on how it's structured."
"I would like to see it structured as a tax refund," he said. "I would be all for structuring it as a tax refund."
"But I think we should be incentivizing work. I don't think we should be paying people that are not working," he argued.
Trump unveiled the proposal at the GOP midterm convention in Dallas and has drawn pushback from both Republican moderates and conservatives.

#texas
codez
2 days ago
Oxford Industries, Inc. (NYSE:OXM) reported fiscal second-quarter net sales of $394.4 million, down 2.2%. Full-price direct-to-consumer sales declined 1%, while wholesale sales fell 14%, primarily reflecting lower off-price sales.
GAAP gross margin increased to 73.8% from 61.4% after Oxford Industries, Inc. (NYSE:OXM) recognized approximately $42 million of tariff refund claims as a reduction of cost of goods sold. Company-defined non-GAAP adjusted gross margin, excluding tariff refunds and LIFO effects, still improved to 63.1% from 61.7%. Updated **** ortment, sourcing, and pricing strategies increased initial markups, while lower off-price wholesale sales improved the sales mix.
Oxford Industries, Inc. (NYSE:OXM) lowered full-year sales guidance to $1.43 billion to $1.47 billion from $1.475 billion to $1.505 billion. Company-defined non-GAAP adjusted EPS guidance fell to $1.60 to $2.00 from $2.30 to $2.70, reducing the midpoint by 28%. Adjusted EPS excludes LIFO effects, tariff refunds and related interest, Johnny Was amortization, distribution-center relocation costs, merchandising initiatives, store-closure impairments and related taxes.
Underlying margin expansion suggests Oxford Industries, Inc. (NYSE:OXM) improved product economics beyond the one-time refund. Company-defined non-GAAP adjusted operating income, which excludes LIFO effects, tariff refunds and related interest, Johnny Was amortization, and specified distribution-center, merchandising, and store-closure costs, increased to $29.3 million from $28.3 million. Adjusted operating margin rose to 7.4% from 7.0%.
Tommy Bahama remained the strongest major brand for Oxford Industries, Inc. (NYSE:OXM), with sales increasing 0.8% and adjusted gross margin rising to 63.6% from 60.7%. FIFO inventory fell $9 million, or 4%, from one year earlier, reducing markdown exposure.

#gaap
99fetch
3 days ago
This story was originally published on Bisnow, the newsroom global commercial real estate reads first. To receive daily news and ******* ysis, subscribe to Bisnow's free suite of newsletters.
CBRE's investment management arm has acquired a 5-year-old net lease company with ******* ets totaling 12M SF across the U.S.
CBRE Investment Management purchased Cerberus Capital Management's Tenet Equity business for $1.6B, both sides of the transaction announced in separate news releases Tuesday. CBRE said it made the investment on behalf of several of its investment strategies but didn't disclose which ones.
Net leases are real estate arrangements in which tenants are responsible for fees typically ******* ociated with ownership, like insurance, maintenance and taxes. This is often executed through leaseback deals, in which a business sells its property for a cash infusion and then leases it back to remain a tenant.
Along with the acquisition, CBRE is launching a new strategy to further invest in net lease properties. Akash Shivashankara, a CBRE IM senior portfolio manager, will be heading that strategy.

#management
r_qi
3 days ago
Railroad retirement coverage follows the employer, not the work, so independent locomotive manufacturers' workers earn zero creditable railroad service regardless of their job.
Paycheck deductions reveal which system applies. Railroad employees pay Tier I and Tier II taxes, while Social Security-covered workers see only standard withholding.
Workers should confirm RRB employer coverage, check payroll records for Tier II deductions, and review their Social Security earnings record before building any retirement plan.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
In February, Union Pacific signed a $1.2 billion deal with Wabtec to modernize locomotives, a reminder that the companies building the machines and the railroads running them can sit on opposite sides of a surprisingly important retirement line.

#railroad
KP346UDQy7
3 days ago
President Donald Trump is making his mark on the U.S. economy. The Trump administration's tariff policies (including a trade war with Canada) and the war with Iran have driven up energy prices and contributed to accelerating inflation. This "Trumpflation" is driving up costs across the economy.
Research from the non-profit ****** ytics group Tax Foundation indicates that Trump-backed tariffs increased costs by about $1,000 per U.S. household in 2025 and $840 per household so far in 2026. Tariffs are import taxes levied on goods imported from other countries. Those costs are ultimately borne by U.S. businesses or are often passed on to American consumers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump's war with Iran has caused major disruptions to global shipments of oil and natural gas from the strategically vital Strait of Hormuz. That has caused energy prices to go up in 2026. U.S. gasoline prices are back on the rise (but remain down somewhat from their March 2026 high), and diesel prices reached an all-time high national average of $5.897 per gallon as of Sept. 6, according to AAA research. Higher diesel costs are likely to lead to higher inflation for groceries and many consumer products on store shelves that rely on diesel-fueled trucks for distribution to retailers.
Trump seems unlikely to give up on his tariff policies anytime soon, and the Iran conflict might not truly "end" in 2026 or 2027. With an uncertain future of possibly higher inflation and higher energy prices, how should you invest?

#prices #higher #costs #NVIDIA
push43
3 days ago
"Selling Sunset" star Christine Quinn's husband, Christian Dumontet, has listed the sprawling Los Angeles home the former couple once shared as their contentious divorce battle continues.
Dumontet filed for divorce from the real estate agent—who is set to make her return to the Netflix reality series—in April 2024, after he was arrested following an alleged domestic violence incident. He was later detained for allegedly violating a temporary restraining order requiring him to stay away from the property.
The tech entrepreneur purchased the home for $5 million in 2019, the same year he and Quinn tied the knot in an extravagant Gothic-themed wedding.
However, their relationship ultimately unraveled, with the pair calling it quits in 2024.
Amid their ongoing divorce proceedings, Dumontet asked a judge to grant him exclusive control of the Los Angeles property so he could put it on the market. He argued that he purchased the residence before the couple married and had continued covering its mortgage, taxes, and insurance.

#divorce #angeles #home #couple
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lXW50R7p6
3 days ago
Gold has long served as a portfolio diversifier, often drawing renewed attention during periods of inflation, geopolitical uncertainty, and shifts in monetary policy. In recent years, gold has rallied sharply, reinforcing its reputation as both a store of value and a hedge against macroeconomic risk.
But gold's path has never been a straight line. While the metal has delivered strong returns in certain environments, it has also gone through extended stretches of sideways performance, contributing little to portfolio growth or income. That leaves investors with a familiar tradeoff: maintain gold exposure for its diversification benefits, or reallocate to ***** ets that can generate income along the way.
The NEOS Gold High Income ETF (IAUI) aims to combine gold's traditional store-of-value role with an income-generating options strategy, seeking to deliver high monthly income while preserving upside potential.
The fund's approach rests on two components:
Gold exposure: Up to 25% of the portfolio is allocated to low-cost physical gold ETPs, with the remaining 75% gained through synthetic exposure via GLD options, aiming to track gold's price movements directly. Limiting direct physical gold exposure to 25% also allows the fund to report taxes via Form 1099-DIV rather than a K-1, simplifying year-end tax reporting for investors.

#store
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gAdGet
3 days ago
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below.
I'm turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less). Does withdrawing from my traditional IRAs (current balance is $215,000) to reduce the income tax on my RMDs outweigh the benefit of keeping those withdrawals invested and growing tax-deferred? My understanding is that if I withdraw amounts up to my standard deduction, then those amounts would be tax-free.
– Austen
Retirement withdrawals, Social Security benefits, required minimum distribution (RMDs), taxes … there are a lot of moving parts when it comes to making decisions about your retirement income. Reducing the amount of money that's subject to RMDs can help minimize your taxes once they kick in. This may also help avoid taxes on your Social Security benefits.
If you don't need the money now, but want to reduce RMDs later, one of the best moves might be converting a portion of your IRA to a Roth IRA each year. That can help reduce future required withdrawals and allow your money to grow tax-free, though there can be tax consequences for certain withdrawals. (A financial advisor can help guide you through the Roth conversion process and potentially avoid unwanted tax consequences.)

#Help #taxes #roth #Retirement
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vsZLH
3 days ago
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below.
High-income households can use what's called a "backdoor Roth" to utilize a Roth IRA despite the program's standard income restrictions. This can be an effective way to build a tax-free stream of income for your retirement, and it is a completely legal strategy.
Whether this method will reduce your taxes depends heavily on your tax rates now versus what you'll pay in retirement. For some high-earners, a Roth IRA can actually be a money loser if it means you end up spending more on taxes today than you will save on taxes in retirement.
Do you have questions about taxes and retirement planning? Speak with a financial advisor today.
A Roth IRA is what's called a "post-tax" retirement account. This means that you contribute to it with money that you've already paid taxes on. Then, in retirement, you make withdrawals on both your contributions and any growth completely tax-free. The idea is that it's more expensive upfront to build a Roth IRA compared with a pre-tax portfolio like a traditional IRA or 401(k), but you save taxes on your portfolio at its peak value as a retiree.

#Retirement #completely
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nova
3 days ago
Arcosa, Inc. (NYSE:ACA) shareholders approved the proposed acquisition by CRH plc (NYSE:CRH) on September 4. The merger agreement received 39,595,867 votes in favor, compared with 66,113 against and 16,786 abstentions. Approximately 39.7 million shares, representing 80.8% of shares outstanding as of the record date, were present or represented by proxy.
The vote satisfies a major condition for the all-cash transaction. CRH plc (NYSE:CRH) agreed to pay $150 per share, valuing Arcosa, Inc. (NYSE:ACA) at an enterprise value of approximately $8.5 billion. The companies continue to expect a first-quarter 2027 closing, subject to required regulatory approvals and other customary conditions.
CRH plc (NYSE:CRH) described the valuation as 11.5 times estimated 2026 adjusted EBITDA, a company-defined non-GAAP measure, including $175 million of targeted annual run-rate cost synergies expected by year three. CRH plc (NYSE:CRH) defines adjusted EBITDA as earnings from continuing operations before interest, taxes, depreciation, depletion and amortization, with exclusions for impairments, divestitures and investments, equity-method results, substantial acquisition costs and specified pension items.
The result removes the principal seller-side approval risk. The merger no longer depends on another shareholder meeting, and support was decisive among the shares represented. Financing appears less exposed than regulatory clearance: CRH plc (NYSE:CRH) plans to use available cash and committed debt financing, while completion is not subject to a financing condition.
The strategic rationale is tangible. Arcosa, Inc. (NYSE:ACA) would add 109 quarries and yards, nine asphalt plants, 19 terminals and approximately 35 million tons of 2025 aggregates shipments. CRH plc (NYSE:CRH) expects more than 265 million tons of combined annualized aggregates production. Arcosa, Inc. (NYSE:ACA) also brings engineered structures serving grid modernization, electrification and data-center construction.

#NYSE #represented
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slowlyblinkbol
6 days ago
Shares of Chime Financial (NASDAQ: CHYM) rallied 44% in August, according to data from S&P Global Market Intelligence.
Chime delivered an excellent second-quarter earnings report, showing stronger-than-expected growth and a significant inflection in profitability. With the stock having sold off since going public a little over a year ago, it's no surprise to see a rally in response to the strong numbers one year later.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In the second quarter, Chime's revenue grew 27% to $670 million, with earnings per share swinging from a loss in the prior-year quarter to a positive $0.07. Both figures handily beat **** yst expectations. Chime also raised its full-year revenue guidance to between $2.725 and $2.745 billion, up from the prior quarter's range of $2.66 billion to $2.69 billion, and adjusted EBITDA (earnings before interest, taxes, and depreciation, and amortization) between $465 and $475 million, up from the prior quarter's guidance between $416 million and $431 million.
While revenue growth came in ahead of expectations, the real story appeared to be the company's skyrocketing profit margins. Second quarter adjusted EBITDA margins of 15% marked a more than 12 percentage point improvement relative to the year-ago quarter.

#year #chime #signal
aommjxjproschtnz
6 days ago
Applied Digital (NASDAQ:APLD) primarily generates its revenue by operating centralized digital infrastructure campuses and providing dedicated computing services designed for high-performance workloads across the North American region.
It recently signed an additional facility lease for a new campus and secured supplemental credit financing for ongoing construction, while reporting an operating margin of -45% for the quarter ended May 31, 2026.
IREN (NASDAQ:IREN) earns the majority of its ongoing revenue by managing vertically integrated data center facilities and actively mining digital **** ets across its international infrastructure footprint.
While integrating a newly acquired European data center developer and closing the purchase of cloud software provider Mirantis, it recorded an operating margin of -452% for the quarter ended June 30, 2026.
Revenue serves as a primary starting point for investors to evaluate a corporation's ability to attract paying clients and generate gross business volume before standard operational expenses, local taxes, or daily administrative costs are finally subtracted. For neocloud operations such as Applied Digital and IREN, revenue growth is essential to understanding if their costly artificial intelligence infrastructure buildouts are paying off.

#applied #across
bolt
6 days ago
If you were fortunate enough to invest $1,000 in Bitcoin (CRYPTO: BTC) a decade ago on Sept. 3, 2016, you would have roughly $126,810 today -- an incredible return that absolutely crushed the market. Take a look at that incredible growth in the chart below:
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Note that the calculation excludes trading fees and taxes, and the exact total fluctuates daily with Bitcoin's price. Still, turning four figures into six figures in one decade is a remarkable result by any standard.
That's putting it lightly. Few things came remotely close to a 12,581% return -- a 62% annual rate -- in that time. Compare Bitcoin's annual rate of return with some other options you would have had in 2016.
Investment

#signal #flashing #time #figures
glid2compass
6 days ago
The chief executive of Robinhood (HOOD) said on Bloomberg Television late last month that states suing to shut down prediction markets are protecting their own money. "States disagree for various reasons," Vlad Tenev said. "I mean, number one is there's a huge financial incentive from collecting taxes on these state-owned operators for that to be protected."
American Gaming ****** ociation figures put state and local tax collections from sports betting at $3.71 billion in calendar 2025, up 32.4% on the year, on $16.96 billion of sportsbook revenue and $166.94 billion of handle. New York, which taxes mobile sports betting at 51%, accounts for roughly a third of the national total on its own; the state's own court filing says mobile operators generated about $2 billion in gross gaming revenue in 2024 and paid more than $1 billion in state taxes. New York and Illinois together produce close to half of everything states collect on sports betting.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10

#Stock
fizfgLhbjc
6 days ago
The federal interest burden has reached a new height, exceeding even the 1991 record, but **** ysts warn the risks **** ociated with servicing the ever-growing national debt today are much higher than they were 35 years ago, **** ysts warn.
A recent **** ysis from investment management firm Doubleline noted that in 2025, the federal net interest payment on the U.S.'s now-$40 trillion national debt reached 18.5% of revenue, surpassing 1991's record 18.4%. That means the U.S. is collecting nearly 19% of all taxes and revenue just to pay off interest on its ballooning debt, equivalent to $1.25 trillion—more than the entire 2026 defense budget.
Growing interest payments create a cycle: the government must borrow more just to cover the interest, leaving it less flexible to spend on infrastructure, education, and other investments that drive growth.
The amount of money needed just to pay the interest on America's debt has swelled over the last decade as interest rates have grown, with interest expense as a percentage of revenue tripling since 2015, according to global market commentator the Kobeissi Letter, citing the Congressional Budget Office, which predicts interest expense levels to climb to 25% by 2036.
"The US debt crisis is in uncharted territory," the Kobeissi Letter wrote on a social media post. "These projections **** ume no major slowdown, recession, or significant rise in Treasury yields over this period."

#interest #kobeissi #letter #record
xyhdiggadgetdrift
7 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A 39-year-old man recently saw roughly $750,000 in company equity vest after four years at the same tech company. His girlfriend of two years wants her name added to the brokerage accounts holding the shares and says keeping the accounts solely in his name means he doesn't trust her—or worse, that he's "hiding money."
Those are two separate issues. Whether to combine finances is a relationship decision. Whether to retitle a six-figure investment account is a financial and legal one. Many financial advisors would recommend evaluating ownership, taxes, and long-term planning before adding anyone else to an account of this size.
The tax treatment depends on the type of equity compensation.
Don't Miss:

#Equity #financial
cl1ck2202
8 days ago
A $500,000 balance yields just $20,000 annually at the 4% withdrawal rate, yet still surpasses the median 65+ retirement account balance of $103,202.
Traditional 401(k) withdrawals count as ordinary income and can trigger taxation on up to 85% of Social Security benefits, raising the real cost of each dollar withdrawn.
A paid-off home, a cash reserve of one to two years, and delaying Social Security to capture the roughly 8% annual benefit increase each do more for lifetime income than portfolio size alone.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Half a million dollars in retirement savings may sound modest when headlines are full of seven-figure nest eggs. But measured against what real retirees have actually accumulated, it is a substantial sum. Vanguard's 2026 How America Saves report shows that for participants aged 65 and older, the median account balance was $103,202 in 2025, with an average of $330,186. Transamerica's most recent survey put median Baby Boomer household retirement savings at $270,000. So a reader sitting on $500,000 is ahead of the typical retiree. The real planning question is what that balance can actually deliver in monthly income once you factor in withdrawal math, taxes, and Medicare.

#Retirement
tjbvwpto5oc687
8 days ago
Running two homes doubles property taxes, insurance, utilities, and maintenance costs against a Case-Shiller index sitting near a record high of 337.
New York's tax burden of $10,828 per capita versus Florida's $5,110 makes domicile choice the highest-impact financial decision over a 30-year retirement.
Medicare Advantage plans are region-locked, so snowbirds often land without in-network coverage in their second state beyond emergency care.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Over a winter dinner, just about everyone north of the Mason-Dixon line has floated this idea at some point. Summers back home, winters somewhere warm, two front porches, and a life that never really has to deal with a deep freeze. It is one of the most common retirement fantasies people talk about, and one of the least often stress-tested. The brochure math is simple enough, but the operating math is where things tend to fall apart. Here is what running two households actually demands from a portfolio, and where the money quietly disappears.

#Retirement #investors
4packetw3ldgrum
8 days ago
I'm a chef who is in the process of switching careers. I plan to pursue the Enrolled Agent credential. I'm also an avid investor. About four years ago, I started studying everything I could about investing and personal finance. I also encouraged my sister to do the same.
For most of my life, I had no idea that building wealth and having a positive net worth was something I could realistically achieve. I genuinely thought I was destined to depend almost entirely on Social Security in retirement. Now I know that poverty doesn't have to be my reality.
Bloom Energy was just named to the S&P 500. These other stocks are joining the index as well.
'It's not fair': My twin brother and I were left houses by our parents. Can I make him pay his share for taxes and upkeep?
Adobe just announced its next CEO. Here's why its stock is dropping.

#Social #bloom #process #switching
shiny_finch_gqk_WNgY
9 days ago
We ran an **** ysis based on Insider Monkey's proprietary database to see which real estate stocks billionaire-led funds held at the end of the second quarter. We narrowed the list to names paying dividend yields above 5%. Two stood out.
VICI Properties Inc. (NYSE:VICI) came in first. A total of 22 billionaire-led funds held stakes in the company at the end of the second quarter. VICI owns casino and gaming real estate and leases the properties back to operators under triple-net agreements, which means tenants cover taxes, insurance and maintenance. It has a dividend yield of about 7%.
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) was in about 19 billionaire-led fund portfolios as of the end of the June quarter, up from 16 in the first quarter. The stock has a dividend yield of about 7.5%. In this article, we will focus on Gaming and Leisure Properties, Inc. (NASDAQ:GLPI).
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) is a REIT focusing on casino properties. In the most recent quarter, its revenue rose about 9% year over year and beat estimates. Management raised its full-year fiscal 2026 outlook for adjusted funds from operations.
Photo by Breno **** is on Unsplash

#quarter #NASDAQ #Dividend
sotuhu
10 days ago
A $500,000 pre-tax 401(k) overstates real value because withdrawals face ordinary income tax at rates up to 37%, plus state taxes on top.
After divorce, the Section 121 home-sale exclusion drops from $500,000 to $250,000, exposing any appreciation above that cap to capital gains tax.
Unlike a home in a soft 4-million-sale market, a 401(k) lets its owner time withdrawals and Roth conversions to minimize taxes in low-income years.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Divorce settlements often treat ***** ets as equal, but they are not. A $500,000 house and a $500,000 pre-tax 401(k) might look identical on a worksheet, and courts often treat them that way, but the two numbers could not be more different. One is roughly what you see. The other is a gross figure that shrinks the moment you touch it. The hidden rule inside every traditional 401(k) is that the IRS is a silent co-owner, and no divorce decree can change that.

#withdrawals
19261306768118grc
11 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
It's possible to pay your taxes with a credit card, but you typically have to pay a fee that's slightly under 2% of the total transaction. For example, a 1.75% fee on a $10,000 payment would cost $175.
It could make sense to do this for multiple reasons: You're trying to earn a new cardmember welcome bonus, you could earn more rewards than the cost of the fee, or you're taking advantage of a 0% introductory APR offer on purchases.
It's possible to pay your federal income tax bill with a credit card, and most states allow you to use a major credit card to pay your taxes, too.
However, the IRS restricts how often you can use a credit card for certain tax types. For example, if you file a tax return Form 1040 — the U.S. Individual Income Tax Return — you can make two credit card payments per year to pay the tax due. You're limited to two credit card payments per quarter if you pay quarterly estimated taxes.

#credit #card
blunTly3052
11 days ago
Kevin Sorbo does not regret leaving California.
After the Hercules: The Legendary Journeys actor, 67, traded Hollywood for the Sunshine State seven years ago, the MAGA supporter told Fox News in an interview Sunday that part of the reason he left California was that he was "canceled" due to his political beliefs as a conservative Christian — but he had other complaints too.
Sorbo told the right-wing outlet that although he misses the weather, his old house and his local golf course, three factors keep him from returning to the Golden State.
"I mean, here in Florida, yeah, we get five months of pretty high humidity," the Andromeda star acknowledged. "It's pretty hot, but the winters here are really quite amazing. But yeah, there are things I miss, but they can keep their taxes, they can keep their traffic, and they can keep their negativity, I'm done."
He went on to say that Florida has given him more "acceptance" since he relocated with his family.

#yeah #pretty
slowlypickle
11 days ago
Hospitals thought losing hundreds of billions in Medicaid funding through GOP-led cuts last year was bad. But coming regulations from the Trump administration could slash their funding even deeper than Congress did.
Two recently proposed rules from the Centers for Medicare and Medicaid Services would cost hospitals hundreds of billions of dollars more, hospital executives told POLITICO. The rules, which target taxes states use to get more federal Medicaid dollars — and which yield higher payments to hospitals — have prompted hospitals to launch another major lobbying blitz after record spending last year.
"Our core message to CMS is to stick to the statute. Congress cut enough," said Robert Nelb, director of policy at America's Essential Hospitals, which represents hospitals serving large Medicaid populations.
"There's no need to cut any more out of the Medicaid system at a time when the safety net is really struggling," Nelb added.
If the rules are finalized and they lose hundreds of billions on top of Congress' funding cuts, hospitals say they'll be forced to reduce services, lay off workers, consolidate operations or shutter entirely. Some systems are already doing so, telling POLITICO they've cut staff, ended contracts and slashed hospital beds in response to predicted losses.

#congress
uhY43
12 days ago
Through its various operating segments, Qualcomm (NASDAQ:QCOM) primarily generates revenue by developing integrated circuits and licensing its extensive foundational intellectual property portfolio for the global wireless communication industry across multiple technological standards. It recorded an operating margin of 17% for the quarter ended June 28, 2026.
Operating through multiple distinct product lines, Sandisk (NASDAQ:SNDK) primarily earns revenue by designing, manufacturing, and supplying data storage solutions, as well as various consumer devices, based on flash memory technology and foundational wafers.
It announced the commencement of production at a ****** anese fabrication facility. It released an open technical specification with SK Hynix and reported an operating margin of approximately 78% for the quarter ended July 3, 2026.
Revenue here refers to the standardized income-statement revenue line item. Watching this metric helps investors properly evaluate the amount of money a company brings in before any operational expenses or corporate taxes are finally subtracted.
Calendar quarter

#quarter #NASDAQ #Margin
paqazazavhadzu
12 days ago
Two new working papers circulated by the authoritative National Bureau of Economic Research show the double squeeze the U.S. dollar and the Treasury market are facing both overseas and at home.
The first, from a team of European Central Bank and Banque de France economists, show how official demand for dollar ******* ets is waning as central banks increasingly seek sanctuary in gold after Russian ******* ets were frozen following the launch of the war on Ukraine in 2022. It's a topic that has certainly been discussed, but the paper quantifies that shift, finding nonaligned countries have moved nearly one-third of total reserve portfolios away from foreign-currency claims.
'It's not fair': My twin brother and I were left houses by our parents. Can I make him pay his share for taxes and upkeep?
'I feel tricked': My contractor handed my $42,000 pool upgrade to a subcontractor I had already rejected. What can I do?
Perhaps the more intriguing new paper comes from Massachusetts Institute of Technology economist Ricardo Caballero, who talks about a safe-debt Laffer Curve. The Laffer Curve represents the theory that, at a certain level, revenue actually starts to fall rather than rise as tax rates increase. Caballero's novel idea is that, at a certain level, federal debt actually hurts aggregate demand rather than helps it.

#curve #central #debt
ojcvrqorctzwj
12 days ago
Kevin Sorbo does not regret leaving California.
After the Hercules: The Legendary Journeys actor, 67, traded Hollywood for the Sunshine State seven years ago, the MAGA supporter told Fox News in an interview Sunday that part of the reason he left California was that he was "canceled" due to his political beliefs as a conservative Christian — but he had other complaints too.
Sorbo told the right-wing outlet that although he misses the weather, his old house and his local golf course, three factors keep him from returning to the Golden State.
"I mean, here in Florida, yeah, we get five months of pretty high humidity," the Andromeda star acknowledged. "It's pretty hot, but the winters here are really quite amazing. But yeah, there are things I miss, but they can keep their taxes, they can keep their traffic, and they can keep their negativity, I'm done."
He went on to say that Florida has given him more "acceptance" since he relocated with his family.

#california
JQkOGe
12 days ago
Kevin Sorbo is a proud Floridian.
The Hercules: The Legendary Journeys star opened up to Fox News Digital about his decision to leave California for the Sunshine State seven years ago and why he's still happy with his choice.
"I mean, here in Florida, yeah, we get five months of pretty high humidity," Sorbo, 67, a Minnesota native who considers himself to be a political conservative, said. "It's pretty hot, but the winters here are really quite amazing. But yeah, there are things I miss, but they can keep their taxes, they can keep their traffic, and they can keep their negativity; I'm done."
As for what he misses, the Andromeda alum said California's mild weather, his old house, and the golf course he frequented made the list. But his move East wasn't just to get a break on taxes. In Florida, Sorbo told the outlet, he found "acceptance" and also had the opportunity to pursue a career in Independent films through his Sorbo Studios production company.
"The people I've met here, the contacts I've met, it's been incredible," he said.

#here
dtokuhuwabipifojutav
13 days ago
A safe 3.5% withdrawal on $1.6 million yields somewhere between $52,000 and $56,000 gross, but taxes and pre-Medicare health insurance shrink real spending power to roughly $35,000 annually.
Enhanced ACA premium tax credits expired January 1, 2026, restoring the 400% federal poverty line cliff and potentially costing early retirees tens of thousands per year in premiums.
Once Social Security kicks in between ages 67 and 70 alongside Medicare, the equation flips, letting the same $1.6 million portfolio support roughly double the lifestyle it funded during the bridge years.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
You are 61. You have $1.6 million across retirement and brokerage accounts. You want to stop working now, but Social Security is six to nine years away depending on when you claim. Until then, the portfolio carries every dollar of spending, every health insurance premium, and every tax bill. That is a heavier lift than most people realize.

#million #Social #roughly

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