Tara Moore | Getty Images Anyone facing required minimum withdrawals from retirement accounts should note there’s been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used to determine required minimum distributions, or RMDs — are in effect. While using the modified tables should be generally straightforward
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In this article MS Morgan Stanley on Wednesday posted better-than-expected fourth-quarter profits on strong equities trading revenue and as the firm held the line on compensation costs. Here are the numbers: ·        Earnings: $2.01 a share vs. estimate $1.91 a share, according to Refinitiv. ·        Revenue: $14.52 billion vs. estimate $14.6 billion The bank said
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In this article PG Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped Wall Street’s expectations as price hikes helped offset higher commodity and freight costs. On the heels of its strong performance, the company raised its outlook for sales growth but said it expects inflation to weigh even more heavily on
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CNBC’s Jim Cramer said Tuesday he feels Wall Street’s reaction to Goldman Sachs‘ fourth-quarter earnings miss was overblown, creating a buying opportunity for investors. “Go ahead, wait until Morgan Stanley disappoints tomorrow. … or, I don’t know, the Bailey Building and Loan; wait until that collapses,” the “Mad Money” host said, referring to the bank
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Getty Images Millions of Americans are taking a step back and rethinking their work lives amid the “Great Resignation” and ongoing coronavirus pandemic. A record 4.5 million people quit their jobs In November, according to data from the U.S. Department of Labor, continuing a trend of workers leaving employers in droves. Some of those workers
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In this article GS GSBD David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs on Tuesday posted fourth-quarter profit below analysts’ expectations as the bank’s operating expenses surged 23% on higher pay for Wall
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Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. During a 90-minute episode, Palihapitiya told co-host Jason Calacanis on their “All-In”
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