Boeing recently informed its employees about the possibility of a slower increase in production and deliveries of the new 787 Dreamliner planes. This setback is attributed to supplier shortages of “a few key parts,” which have impacted the manufacturing process. The aviation giant has already faced challenges with its 737 Max planes, slowing down deliveries
The federal government has allocated $8.8 billion for Home Energy Rebate programs through states, territories, and tribes. The Department of Energy has approved the first application for New York, awarding an initial $158 million. This funding aims to provide rebates worth up to $14,000 per household for homeowners and landlords who make energy efficiency upgrades.
In recent years, changes in IRA inheritance rules have created a shorter timeline for beneficiaries to withdraw funds from inherited accounts, potentially leading to significant tax consequences. Under the Secure Act of 2019, non-eligible designated beneficiaries must deplete an inherited IRA within a 10-year window. This category includes heirs who are not a spouse, minor
Financial literacy among teenagers is a topic that is gaining more attention in recent years. While many teens are beginning to think about their long-term financial health, there is still a lack of understanding when it comes to basic retirement planning. A survey of 13- to 18-year-olds revealed that 83% of teens have already considered
The recent announcement of Aaron LaBerge’s departure from Disney as the chief technology officer has sent shockwaves through the entertainment industry. LaBerge’s decision to take on a new role at PENN Entertainment, the company behind ESPN Bet, marks the end of an era at Disney. His departure comes at a critical time when Disney is
Express, a longtime mall retailer, recently made headlines by filing for Chapter 11 bankruptcy protection. The company, which owns popular brands like Bonobos and UpWest, is facing significant challenges that have led to the closure of 95 of its stores and all UpWest locations. This decision comes after years of declining revenue, mounting debt, and
Floodplain buyouts, facilitated by FEMA’s Hazard Mitigation Grant Program, have been instrumental in assisting homeowners who have experienced devastating flooding in their properties. By purchasing damaged homes and converting the land into open space or flood collection areas, communities can potentially mitigate the impact of future flooding events. This not only benefits individual homeowners by
The uber wealthy live in a world apart from the average investor, and this is reflected in their investing strategies. Centimillionaires, individuals with a total net worth of over $100 million, are part of the 0.001% club, according to Kevin Teng, CEO of WRISE Wealth Management Singapore. There are around 28,420 centimillionaires globally, mainly concentrated
When President Joe Biden shared his Plan B for student loan forgiveness, he hinted that his ambition to provide free college education was still alive. Free community college was highlighted as an integral part of his $7.3 trillion budget for fiscal 2025. The idea of free college has been touted as a more effective way
Investors looking for stability and long-term growth potential may want to consider dividend-paying stocks amid macroeconomic concerns and geopolitical tensions. Wall Street analysts provide valuable insights into dividend-paying companies, assessing their financials and ability to sustain and grow dividends over time. One such dividend stock recommended by top experts on TipRanks is Enterprise Products Partners