Finance

Reddit's ad revenue is growing faster than other social media platforms

A report shows Reddit is making money fast from advertising revenue.Spencer Platt/Getty ImagesReddit's ad revenue is growing faster than any other social media platform, according to EMARKETER.A ne...

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Gen X is turning 60. Retirement is a worry

The first generation reliant predominantly on the 401(k) for retirement is starting to turn 60 this year – and most say they are not optimistic about post-work life. Those in Generation X, or p...

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Norway faces pressure to tap its $1.8 trillion sovereign wealth fund to boost aid to Ukraine

Norway's Prime Minister Jonas Gahr Store with Ukraine's President Volodymyr Zelenskyy at a NATO Summit in July 2024.AP Photo/Susan WalshCalls are growing for Norway to tap into its sovereign wealth...

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10 Friday AM Reads

My end-of-week morning train WFH reads: • What We’ve Learned From 150 Years of Stock Market Crashes: Though they varied in length and severity, the market always recovered and went on to new highs...

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Washington is warming up to crypto faster than even industry insiders expected

Jonathan Raa/NurPhoto via Getty ImagesLawmakers on both sides of the aisle are flirting with crypto after years of skepticism.Momentum has picked up even quicker than the industry thought.But doubt...

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Wall Street titans are racing to build the next Berkshire Hathaway. Emulating Warren Buffett won't be easy.

Warren Buffett, 94, is the CEO of Berkshire Hathaway.AP ImagesBosses of KKR, Brookfield, and Apollo want to build their own versions of Berkshire Hathaway.KKR is placing long-term bets and Brookfie...

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The downside of dream jobs

Louis Chiappetta has always wanted to work in the ski industry. But it wasn't always a sustainable option.Kim Raff for BIWhen Louis Chiappetta started working as a ski instructor at 19, he saw it a...

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It costs $10 million to dress an A-list actress at the Oscars. These 10 jaw-dropping figures reveal the price tag of Hollywood's biggest night.

The Oscars will be held on Sunday, March 2.John Shearer/Contributor/WireImage/Getty ImagesThe 2025 Academy Awards will air on Sunday, March 2, on ABC.The ceremony alone costs $57.7 million, WalletH...

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Acting IRS chief O'Donnel to step down this week

It's probably the worst time to see leadership and staffing uncertainty at the Internal Revenue Service, but that's exactly what's been happening during the 2025 tax season so far. In the late...

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Attorneys questioned Charlie Javice jurors about whether they knew Jamie Dimon or ran a startup

A jury has been selected in the trial of Charlie Javice.Luiz C. Ribeiro for NY Daily News via Getty ImagesA jury has been selected for the trial of Charlie Javice in Manhattan.Prosecutors say Javic...

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Stock Market Today: Growth Concerns Drag on Stocks

Forward-looking commentary from a major retailer outweighed its backward-looking results as all three major equity indexes retreated on Thursday.

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GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.

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Backdoor Roth in FreeTaxUSA: Recharacterize & Convert, Same Year

You may have contributed to a Roth IRA and then realized later in the same year that you would exceed the income limit. You recharacterized the Roth IRA contribution as a Traditional IRA contributi...

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Moscow says there will be a 'price to pay' for the Western companies that left Russia after it invaded Ukraine

Three years into the war in Ukraine, nearly 475 foreign companies have left the Russian market completely.Alexander Sayganov/SOPA Images/LightRocket/Getty ImagesWestern companies may be considering...

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Big Tech-backed interest group donated to Virginia lawmakers ahead of a failed push to regulate data centers

The Virginia House of Delegates.Minh Connors for The Washington Post via Getty ImagesThe Data Center Coalition's PAC has made $165,500 in campaign contributions to Virginia lawmakers.The interest g...

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