Grandparents looking to give their grandchildren a lasting financial head start have a powerful tool at their disposal: the custodial Roth IRA. This account works similarly to a standard Roth IRA, but because minors cannot legally hold their own accounts, a grandparent or other adult serves as custodian. The custodian manages the account on the…

Jennifer Aniston’s boyfriend Jim Curtis has delisted his New York City condo just over four months after originally putting the property up for sale at $1.53 million. Curtis, 50, who works as a professional lifestyle guru, purchased the 1,200-square-foot Manhattan condo for just under $1.3 million back in 2015. In the years following his purchase,…

Shares of Micron Technology (MU) climbed sharply Monday as investors returned to the memory sector following a bruising Friday selloff across semiconductor stocks. The rebound came after Micron shares fell 13.25% on Friday amid a broad retreat in AI-related chip names triggered by profit-taking across the sector. The Friday decline was partly sparked by Broadcom,…

Game 3 resale ticket prices for the NBA Finals at Madison Square Garden have plunged sharply, reversing a surge that followed New York’s thrilling Game 2 victory. Low-end get-in prices for Monday’s contest between the Knicks and the San Antonio Spurs have fallen to below $5,000 per ticket, down from an $11,000 minimum recorded early…

Investors betting that U.S. inflation will ease once the Iran conflict ends and energy prices fall may be badly miscalculating their exposure to risk. A powerful El Niño weather pattern is expected to pick up where geopolitical disruptions leave off, threatening to drive global commodity prices significantly higher in the months ahead. Analysts at Marex,…

Bank of America (BAC) is urging investors to exercise greater caution toward U.S. equities as a growing number of internal bear market indicators flash warning signals simultaneously. In a research note, strategists led by Savita Subramanian said there are “too many red flags” and advised clients to “take profits” at current levels. The firm estimates…

Tax season brings widespread confusion about what a filing extension actually means for American taxpayers who owe money to the federal government. Many people mistakenly believe that requesting more time to file their return also gives them more time to pay any taxes they owe, but that assumption is costly. The IRS is clear on…

U.S. households are growing increasingly anxious about their financial situations, with a key measure of consumer distress hitting its highest level in nearly four years. The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations, released Monday, showed a sharp deterioration in how Americans view their current financial standing. The share of respondents…

Collecting Social Security survivor benefits while wondering whether to claim your own retirement benefits is a common and important financial dilemma for widows and widowers. Many Americans in this situation do not realize they have the flexibility to switch between benefit types at a strategically advantageous time. The Social Security Administration does not allow recipients…

Williams confirmed her comeback to professional tennis on June 1, accepting a wild-card invitation to compete at the HSBC Championships in London. The announcement comes nearly four years after the tennis icon made her emotional exit from the sport at the 2022 U.S. Open, stunning fans worldwide. Williams has won 23 major singles titles, 73…