Finance

S&P 500 Rises on Mild Inflation Data, Red-Hot AI Rally: Stock Market Today

Stocks opened higher Wednesday thanks to a tame inflation report. A reinvigorated AI trade, courtesy of several well-received earnings reports, kept equities mostl...

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The world's largest sovereign wealth fund revealed a $1.2 billion stake in SpaceX. Here's how much it holds of tech's biggest companies.

Norway's sovereign wealth fund held a $1.22 billion stake in SpaceX as of June 30.Justin Sullivan/Getty ImagesNorway's mammoth sovereign wealth fund disclosed a 0.05% stake in SpaceX worth $1.22 bi...

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A fresh batch of earnings show the market's AI trade is still going strong

Michael M. Santiago/Getty ImagesA flurry of strong earnings is reinvigorating AI bullishness on Wednesday. CoreWeave, Super Micro, and Nebius jumped by triple digits after reporting results. The re...

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5 Milestone Ages in Retirement Planning: Do You Know Why They Matter? Take Our Quiz

The financial professionals who contribute to Kiplinger's Adviser Intel are always here to share expert insights on wealth building and preservation. The recent ar...

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Nvidia found a new way to keep the AI boom funded: your retirement money

Nvidia has been arguably the No. 1 profiteer of the AI boom, selling the picks and the shovels of the trade. But now it wants Wall Street to figure out how to keep paying for them. On M...

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Lack of inflation indexing on more than 200 items amounts to 'hidden tax,' report says

While most income tax brackets , amounts, and thresholds are indexed to inflation , a recent analysis conducted by the Society of Trust and Estate Practitioners (STEP) of Canada found more than 20...

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Forget chatbot training. AI's next big data grab is about learning how humans work.

Tamay Besiroglu is the cofounder and CEO of the San Francisco startup Mechanize, which aims to automate all jobs.Courtesy Tamay BesirogluMechanize aims to automate jobs using RL environments, drawi...

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Nvidia's next moat is something chip rivals can't copy: its giant pile of money

Nvidia CEO Jensen Huang.Bloomberg/Getty ImagesNvidia is turning its massive cash pile into its next competitive moat.It's using its balance sheet to backstop neoclouds, secure components, and inves...

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5 Common Money Mistakes Many People Still Make: And How You Can Avoid Them

Every financial decision, from paying the monthly bills to investing for retirement, contributes to a larger picture of long-term financial health. While markets, ...

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I built my mom a $110,000 house in my yard. It's helping us avoid a nursing home.

James Richard Cornell cares for his mother with vascular dementia and built a home in his backyard for her.Michael CornellJames Richard Cornell, a 63-year-old caregiver, built a house for his mom o...

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Georgia Is Cracking Down on HOAs. Could Your State Be Next?

For millions of Americans living in neighborhoods governed by homeowners associations (HOAs), disputes over fines, liens and foreclosure have become an increasingl...

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Inherited an Annuity? Here Are 2 Smart Ways to Manage the Tax Hit, Courtesy of an Annuity Pro

People other than spouses who inherit annuities can be hit hard with taxes. But there are ways to lessen the blow. Here's the background.Unlike qualified financial...

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Should You Use Your Home Equity to Pay Off Credit Card Debt? What Homeowners Need to Know

Credit card debt can quickly become overwhelming, especially when high interest rates make it difficult to reduce your balance even as you make payments. While Exp...

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A California Court Just Upheld Higher Insurance Rates for Single Drivers. Could Other States Follow?

Single drivers in California may pay more for auto insurance than married drivers following a recent court ruling.In July, a California appeals court upheld a deci...

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13 Things to Know About How Your Pension Affects Your Taxes in Retirement

For many retirees, a pension is one of the greatest financial assets they have. It provides predictable income, reduces the stress of market volatility and creates...

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OpenAI loses another top executive, as Brad Lightcap leaves 'to start something new'

OpenAI's former chief operating officer, Brad Lightcap.STR/JIJI Press/AFP via Getty ImagesOpenAI veteran Brad Lightcap is leaving the company "to start something new."Lightcap worked for years as t...

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Stocks Still Await Signs of Price Stability: Stock Market Today

The main stock indexes drifted lower as crude oil prices and interest rates moved mostly sideways on Tuesday. Investors, traders and speculators are waiting for th...

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Your Discover Card Is Moving to Capital One. Here's What Changes and What Doesn't

For millions of Discover cardholders, the long-awaited integration with Capital One is becoming a reality. After Capital One completed its acquisition of Discover ...

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Jensen Huang's latest pitch to investors: Nvidia's AI compute is its own asset class

Philip FONG / AFP via Getty ImagesJensen Huang touted Nvidia's AI compute as a distinct asset class as it partners with Wall Street giants. The chip maker this week announced a partnership with top...

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Mismatched tax rules on income splitting show the government is getting dressed in the dark

A young relative showed up at a family gathering last week in flip-flops with one white sock and one black. She shrugged when I pointed it out, saying she’d been rushing and hadn’t noticed. I was ...

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How to Pull Off a $1.2 Million Roth Conversion While Earning $140K

People with retirement savings in a traditional IRA or 401(k) often experience a moment of panic when their balances grow and they realize they'll soon be on the h...

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