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Monthly Archives: December 2022

Non-alcoholic beer set to continue to grow in 2023

The start of ‘Dry January,’ a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month. “This is …

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Mega Millions jackpot is $640 million. 4 key things to do if you win

Olivier Douliery | AFP | Getty Images Winning $640 million wouldn’t be a bad way to close out the year. That’s the Mega Millions jackpot amount for the next drawing, which is set for Friday night. The top prize has been growing since Oct. 14 when it was reset to …

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What to know about tapping your retirement savings to pay off debt

Malerapaso | Istock | Getty Images 1. Most people should avoid 401(k) withdrawals Withdrawals from 401(k) accounts before age 59½ are subject to a 10% penalty and taxes. That means if you needed $15,000, you’d have to take out close to $24,000, after accounting for those charges, according to Fidelity. …

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Solana’s accelerating, yearlong slide wipes out over $50 billion

Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana was touted as the cryptocurrency that would challenge ether with an eco-friendlier approach, faster transaction speeds and …

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28-year-old ex-stock trader and self-made millionaire’s best money lessons for 2023

It’s hard for Lauren Simmons to answer the question: “What do you do for a living?” Between clinching speaking engagements, brand partnerships, TV appearances, a book deal and executive producing a movie about her life on Wall Street, Simmons’s expertise spans far and wide. And thanks to that business prowess, …

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6 designer handbags that are actually worth the money—and ones you may ‘regret’ buying

It’s time to start treating handbags like a legitimate investment. In 2020, the investment potential of handbags outpaced rare artwork, cars and whiskey, according to Art Market Research. By 2027, the market is expected to reach $100 billion, compared to today’s $72 billion. As the founder of Rebag, a designer …

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Here’s how to know if your company’s layoff policy is a ‘good’ one

Andreypopov | Istock | Getty Images Layoffs this year have been mostly limited to the hardest-hit sectors of the economy, especially tech. But depending on your industry, you might find yourself face-to-face with a layoff if the economy slows more drastically in 2023, and it’s not always clear what you …

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5 things to know before the stock market opens Friday, December 30

Here are the most important news items that investors need to start their trading day: 1. That’s that The last trading day of 2022 is upon us. Will we go out with a bang or a whimper? The three major indices are coming off a strong Thursday. The Dow jumped …

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Most and least expensive U.S. cities for New Year’s Eve

Watching the ball drop from the comfort of your home is a common, cost-effective way to ring in the new year. But plenty of Americans instead choose to get dressed up, attend parties or travel in celebration of New Year’s Eve. You might call New York City the New Year’s …

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FTX Japan users will be able to start withdrawing funds from February

The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in February, according to a statement from the company’s Japan subsidiary. FTX Japan said Thursday it was developing …

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