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Monthly Archives: December 2022

Prevent burnout by spotting these red flags before taking the job

A man sits exhausted at a desk late in the evening on February 18, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images We have a new epidemic, and it’s not Covid-19. About 40% of employees say they are burned out, according to an October report by Slack’s …

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Why 2023 could be another difficult year for the auto industry

A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters High interest rates, supply chain problems and recessionary fears were among the major challenges for the global automotive industry in 2022. Those issues aren’t expected to be resolved quickly. There’s growing concern on …

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Supreme Court likely to weigh these issues on student loan relief

Protesters calling for student debt relief demonstrate outside the Republican National Committee’s Washington, D.C. offices on Nov. 18, 2022. Paul Morigi | Getty Images Entertainment | Getty Images With President Joe Biden’s sweeping student loan forgiveness plan on hold, tens of millions of Americans who borrowed for their college education …

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Elon Musk lost the most money of all America’s billionaires in 2022

Billionaires have had a bad year. Globally, the world’s billionaires lost nearly $2 trillion, combined, in 2022, according to Forbes. The United States’ billionaires lost $660 billion collectively, the highest of any country by Forbes’s count, as tech stock prices took a nosedive fueled by rising interest rates, soaring inflation and …

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What ‘Secure 2.0’ means for near-retirees

Insta_photos | Istock | Getty Images If you’re getting close to retirement age, there are some upcoming changes enacted as part of a government funding bill that may be of interest to you. Dozens of retirement-related provisions known as Secure 2.0 were included in an omnibus appropriations package that cleared …

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What’s next for demand after ‘unusually slow’ Q4: Forward Air

Forward Air shares are delivering on something few companies have as the year draws to a close. The stock is beating the Dow Jones Transportation Average and the S&P 500 in the fourth quarter. The trucking and logistics company, which counts Home Depot and Delta Airlines among its customers, receives …

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New 401(k), IRA rules make it easier to tap savings for emergencies

Catherine Mcqueen | Moment | Getty Images It will soon be easier for cash-strapped Americans to tap their retirement savings for emergency expenses. President Joe Biden is poised to sign a $1.7 trillion bill that amends rules related to so-called hardship distributions from 401(k) plans. The measures are tucked into …

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What to know about the 1099-K tax reporting change for Venmo, PayPal

Hispanolistic | E+ | Getty Images If you’re worried about getting a tax form from payment apps like Venmo or PayPal, you’re now less likely to receive one for 2022 — thanks to a change from the IRS. The agency on Friday announced a one-year delay for a new tax …

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These are 2023’s top stock picks for what could be a rocky year

Traders work on the floor of the New York Stock Exchange (NYSE), December 7, 2022. Brendan McDermid | Reuters Selecting a Top Ten list for 2023 feels a bit different this year. With several historical measures virtually guaranteeing recession, the prospect for stock market gains is meager at best. If …

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Southwest, Peloton, Tesla, Herbalife and more

Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Southwest — Shares dropped more than 4% after the company canceled 70% of its scheduled flights and warned that …

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