The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.Even with...
Year: 2024
Wealthy millennials and Gen Z are redefining philanthropy
Solstock | E+ | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves...
MLB playoff viewership surges as big market stars vie for World Series
Shohei Ohtani, #17 of the Los Angeles Dodgers, hits a two-run home run, his 50th of the season, becoming the first player with a 50/50 season in MLB history, during the seventh inning against the Miami Marlins at LoanDepot park in Miami on Sept. 19, 2024.Megan Briggs | Getty Images...
Top Wall Street analysts prefer these dividend stocks for steady income
A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024.Robert Gauthier | Los Angeles Times | Getty ImagesInvestors looking for steady income amid the ongoing geopolitical tensions in the Middle East and economic uncertainty can consider adding dividend-paying stocks to their portfolios.Choosing the right stocks from...
Here’s why the U.S. retirement system isn’t among the world’s best
Mixetto | E+ | Getty ImagesThe U.S. retirement system doesn't get high marks relative to other nations.In fact, the U.S. got a C+ grade and ranked No. 29 out of 48 global pension systems in 2024, according to the annual Mercer CFA Institute Global Pension Index, released Tuesday. It analyzed...