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Author: Daniel snow
How Trump accounts workNot unlike a 529 college savings plan, Trump accounts come with a tax incentive. Earnings grow tax-deferred, and qualified withdrawals are taxed as long-term capital gains.Under both the House and Senate versions of the bill, withdrawals could begin at age 18, at which point account holders can tap up to half of the funds for education expenses or credentials, the down payment on a first home or as capital to start a small business.At 25, account holders can use the full balance for expenses that fall under those same guidelines and at 30, they can use the money…
They Sold Their Company for $126 Million. Here’s Their Best Advice for Landing an Exit in 2025
Don’t become indispensable–and three other pieces of advice from Bryan and Shannon Miles. Source link
Bye-bye bidding wars: Housing market becomes more buyer-friendly as more sellers slash prices
For-sale listings are piling up in many real-estate markets in the U.S., according to data from Realtor.com. Source link
New York City Comptroller Brad Lander is placed under arrest by Immigration and Customs Enforcement (ICE) and FBI agents outside federal immigration court on Tuesday, June 17, 2025, in New York. Olga Fedorova | APNew York City Comptroller and mayoral candidate Brad Lander was detained Tuesday by Immigration and Customs Enforcement agents as he was escorting a defendant out of immigration court, his wife said in a statement.”While escorting a defendant out of immigration court at 26 Federal Plaza, Brad was taken by masked agents and detained by ICE,” Lander’s wife, Meg Barnette, wrote on X.”This is still developing, and…
Genaro Cavazos built one of the fastest-growing security companies in the U.S. with a unique approach to hiring. Source link
Imagining how Iran could possibly come back to the table after being so brutally attacked is admittedly difficult, until you think about how bad its other options are. Source link
This chart shows the Fed has room to cut interest rates enough to boost bonds and housing
U.S. borrowing rates are likely to decline in the coming months, which would be positive for the bond market and the economy. Source link
U.S. President Donald Trump speaks to reporters aboard Air Force One after departing early from the the G7 summit in Canada to return to Washington, June 17, 2025. Kevin Lamarque | ReutersPresident Donald Trump on Tuesday warned Iranian leader Ali Khamenei that he is an “easy target” and that “our patience is wearing thin,” before demanding Tehran surrender in its conflict against Israel.”We know exactly where the so-called ‘Supreme Leader’ is hiding,” Trump wrote on Truth Social.”He is an easy target, but is safe there – We are not going to take him out (kill!), at least not for now,”…
If announced, it would be the third time Trump has extended the deadline so that TikTok can keep running. Source link
Traders focus on chance of just one 2025 Fed rate cut — or zero — due to tariffs, Mideast
Heightened uncertainty over tariffs, the direction of oil prices and their impacts on inflation is giving way to a risk that Federal Reserve officials may not be able to cut interest rates in two quarter-point increments this year as they had previously expected. Source link