Home / 2023 (page 9)

Yearly Archives: 2023

Blue Origin aims to launch New Shepard rocket December 18

A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters The moment …

Read More »

What the restart of student loan payments means for your taxes

Fizkes | Istock | Getty Images There’s one piece of good news for student loan borrowers bummed out by the resumption of their bills this fall: They may be eligible for a break on their 2023 taxes. The student loan interest deduction allows qualifying borrowers to deduct up to $2,500 …

Read More »

A self-made millionaire shares 3 things he ‘refuses’ to tip on—’some people may disagree’

One of my earliest jobs was working at McDonald’s for $4 an hour grilling burgers in front of a hot stove while my manager yelled at me for not being fast enough. Today, I’m a self-made millionaire. But I’ve never forgotten how tough service jobs are, and I want to …

Read More »

Here’s the inflation breakdown for November 2023 — in one chart

Kentaroo Tryman | Maskot | Getty Images Inflation declined slightly last month on the back of weaker prices at the gasoline pump and a broader easing of price pressures throughout the U.S. economy, experts said. The consumer price index in November increased 3.1% from 12 months earlier, down from 3.2% …

Read More »

Why the $68 trillion great wealth transfer is an opportunity for women

Rockaa | E+ | Getty Images Women control only about one-third of all financial assets in the U.S., but that is about to change. As part of the great wealth transfer, women are expected to inherit much of the $68 trillion in wealth that baby boomers are passing down, according …

Read More »

Gen Z, millennials say talks about money should happen early

Anchiy | E+ | Getty Images While most Americans say couples should talk about money honestly before living together, Gen Z and millennials believe the conversation should happen way sooner. Nearly a third, 32%, of Gen Z adults and 40% of millennials say an honest conversation about your finances and …

Read More »

Fed to start cutting rates midyear in 2024 with high chance of soft landing, CNBC Fed survey finds

Rate cuts, an increased chance of a soft landing and lower inflation — the outlook for next year is looking up in the CNBC Fed Survey, to a point. Respondents to the CNBC Fed Survey see the Federal Reserve beginning rate cuts next year, though not as aggressively or as …

Read More »

CPI inflation report November 2023

Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations, further easing pressure on the Federal Reserve. The consumer price index, a closely watched inflation gauge, increased 0.1% in November, and was up 3.1% from a year ago, the Labor …

Read More »

China vows to boost domestic demand in bid for 2024 recovery

Shanghai Pudong district at sunrise Dukai Photographer | Moment | Getty Images China’s top leaders vowed to boost domestic demand, prioritize the development of strategic sectors and tackle the country’s real estate crisis, following a key meeting that laid out economic priorities for the new year. Under a new slogan …

Read More »

Yemen’s Houthi attack tanker after threat on any Israel-bound ships

The Galaxy Leader, recently seized by Yemen, shown in close-up satellite imagery near Hodeida, Yemen. Maxar | Getty Images Yemen’s Houthi militants on Tuesday claimed an attack against a Norwegian tanker, days after the group pledged to target Israel-bound ships of any nationality. The vessel Strinda was headed for Israel …

Read More »