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Monthly Archives: December 2022

The biggest tax changes to know before filing your 2022 return

Tom Werner | DigitalVision | Getty Images Certain tax credits have been reduced  One possible reason for a smaller tax refund is the child tax credit and the child and dependent care tax credit have been reduced for 2022, explained certified financial planner Cecil Staton, president and wealth advisor at …

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Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a news conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find their money falls short of meeting that goal when they reach their golden years. Much of …

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Amazon media chief Jeff Blackburn retires from the company again

Senior Vice President of Business Development at Amazon Jeff Blackburn (R) and Anne Blackburn attend the The IMDb Dinner Party at the Sundance Film Festival presented by Dolby on January 28, 2019 in Park City, Utah. Rich Polk | Getty Images Jeff Blackburn is retiring for the second time from …

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DEI programing stalled in 2022—how that could alienate young workers

As forecasts of a potential recession persist, many companies are starting to reorganize and find ways to cut costs, leaving progress toward diversity, equity, and inclusion on the back burner. According to new research from Glassdoor, in September 2017, 27% of companies reviewed on the site indicated corporate investment into …

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Christina Ricci sold parts of her Chanel collection in 2020 divorce

Christina Ricci has been a working actress since she was nine years old and her films have grossed over $1 billion altogether, according to Box Office Mojo. And though that’s a pretty impressive dollar amount, it doesn’t mean that Ricci has seen that much money in her career. The 42-year-old …

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Student debt relief goes to the Supreme Court—when payments may resume

The Supreme Court on Thursday declined to greenlight President Joe Biden’s sweeping student debt forgiveness plan. Instead, the court said it will hear full oral arguments from both sides of the issue in February on an expedited basis. It will then issue a final ruling, per its official procedures, likely …

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Ford claims No. 2 spot in EVs behind Tesla, passing Hyundai

Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor said Friday that it has achieved CEO Jim Farley’s goal of becoming the second best-selling automaker of …

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G-7 outline how it is going to work

Russia’s President Vladimir Putin Contributor | Getty Images News | Getty Images The European Union on Friday agreed to cap Russian seaborne oil prices at $60 a barrel, after several days of intense negotiations over an appropriate level. The announcement comes after the G-7 group of advanced economies agreed back …

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35% of millionaires say they won’t have enough to retire, report finds

A cool $1 million is not what it used to be. There are more millionaires in the U.S. and globally than ever before, with nearly 24.5 million millionaires nationwide as of 2022, according to the latest Global Wealth Report from the Credit Suisse Research Institute. Even so, having seven figures …

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How much prices of holiday items increased since 2021

As the holiday season gets into full swing, expect some sticker shock. The cost of most holiday staples, such as turkey and booze, has increased dramatically in the last year. With year-over-year inflation up 7.7% overall, most items bought over the holidays have increased in price. But many of them …

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