states that do not tax retirement income States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don’t levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, pension payouts and even social security payments like … Read more
(Bloomberg) — Semiconductors stocks tumbled after Micron Technology Inc. became the latest chipmaker to warn about slowing demand, triggering concern the industry is heading into a painful downturn. Most Read from Bloomberg In the US, the Philadelphia semiconductor index sank 4.6% on Tuesday with all 30 members in the red, its biggest fall in about … Read more
Former Google exec Andrew Toy named CEO of Clover Health
Yesterday it was Nvidia (NVDA) – Get NVIDIA Corporation Report and today it’s Micron (MU) – Get Micron Technology Inc. Report. Both chipmakers are moving lower on Tuesday following bearish news this week. Shortly before the open on Monday, Nvidia warned that its revenue results in the current quarter were well below expectations. The company said … Read more
Speculation that a new Iran nuclear deal could soon be agreed upon has added downward pressure to oil prices, although the disruption of Russian oil flows to Central Europe is adding to supply worries. Oil prices Rig Rig Count Chart of the Week Prices – Ever-increasing energy costs are weighing on European consumers, with EU … Read more
Boeing schedules first Dreamliner delivery in 15 months
‘Assume you are laid off’: Suze Orman likes these 3 simple techniques to prepare for the recession ahead The word recession is making headlines these days. The latest GDP report showed that the U.S. economy shrank 0.9% in Q2 — and that’s after a 1.6% GDP decline in Q1. The textbook definition of a recession … Read more
Elon Musk sold nearly $7 billion worth of Tesla stock in recent days, regulatory disclosures show, just months after saying he wasn’t planning to sell additional shares in the company. Mr. Musk, Tesla’s chief executive and largest shareholder, sold around 7.9 million shares between Friday and Tuesday, the disclosures show, leaving him with a 15% … Read more
