Author: Money Mechanics

For many 50-year-olds, the magic number to retire feels like a moving target. If you plan on retiring at 65, you still have a decade or more to build the nest egg you’ll need to live comfortably.But knowing where you stand today is the only way to plan for tomorrow. For some, a benchmark is confirmation that they are on track; for others, it’s a reminder to step up their efforts. Moreover, it could be a vital wake-up call.To help you find your footing, JPMorgan crunched the numbers to create a retirement savings benchmark based on age and income. This…

The Islamic Revolutionary Guard Corps, or the IRGC, has a new target. It is not any of the bases or embassies of the U.S. or other friendly countries in the Middle East. Rather, it says that for every assassination of its top personnel, the major branch of the Iranian armed forces will hit the very lifeblood of the American economy: its tech companies. With a total market cap of about $20 trillion and employing roughly 10 million people, needless to say, any attack on the tech sector will serve as a body blow for the United States. Among the names…

(World Oil) – Weatherford International has proposed relocating its legal domicile to the United States, with Texas set to become its new corporate home as the company looks to simplify its structure and improve financial flexibility. The move would shift the company’s parent entity from Ireland to Texas, aligning its legal structure more closely with its operational base in Houston and broader U.S. energy corridor. The proposal is expected to be completed in the third quarter of 2026, pending shareholder and regulatory approvals. Weatherford said the change is part of a broader effort to streamline its corporate structure, reduce administrative complexity…

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she’s looking at five questions on the due date for filing your federal tax return and related queries. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. Form 1040 due dateQuestion: What is the due date for filing the 2025 Form 1040?Joy Taylor: April 15 is the general filing deadline for Form 1040. If you can’t file by then, you can request a six-month filing extension to file by October 15.Some taxpayers get more…

A growing number of Americans are reconsidering where they live — not just for lifestyle reasons, but for financial ones.New IRS migration data reveal a clear pattern: billions of dollars in income are moving out of high-tax states into areas where taxes, and often overall living costs, are lower.For higher-income households in particular, relocating can translate into five-figure annual savings. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. April 03, 2026 Federal Reserve Board issues enforcement action with former employee of United Bank For release at 11:00 a.m. EDT The Federal Reserve Board on Friday announced the execution of the enforcement action listed below: Consent prohibition against Mollie Morrow Former employee of United Bank, Fairfax, Virginia Embezzlement of bank funds Additional enforcement actions can be searched for here. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: April 03,…

Stay informed with free updatesSimply sign up to the EU energy myFT Digest — delivered directly to your inbox.The EU is assessing “all possibilities” including fuel rationing and releasing more oil from emergency reserves as it braces for a “long-lasting” energy shock from the Middle East war, the bloc’s energy commissioner has said.“This will be a long crisis . . . energy prices will be higher for a very long time,” Dan Jørgensen told the FT, warning that for some more “critical” products “we expect it to be even worse in the weeks to come”.The near closure of the crucial Strait of Hormuz…

Takeaway: The March jobs report, which is hot on its surface, will not move rates much. The underlying fundamentals of the report are weaker than the headline, and the Iran war continues to dominate economic data in driving market moves. 178,000 jobs were created in March, when forecasters only expected 65,000. The unemployment rate unexpectedly declined to 4.3%, but a look under the hood shows a still-tepid labor market with risks to come. Because the new birth-death model–a statistical method to account for jobs created and lost due to firm creation and destruction–means the headline job creation number is much…

Icy Box Docking and Clone Station pros and cons Pros It’s a dock and a cloning stationSimple and reliable “one-button” HDD and SDD cloningCan handle SATA and M.2 SATA/NVMe drives. Cons Requires external power for cloningNo time indicator for how long a cloning process will take. Follow ZDNET: Add us as a preferred source on Google.While the average user is unlikely to handle a bare SATA HDD or M.2 drive, anyone who builds or maintains PCs, or runs their own NAS systems, will be familiar with these drives. And there inevitably comes a time when you either want to move data from…

(Image credit: Getty Images)Many experienced advisers eventually find that opportunities to work with ultra-high-net-worth families begin to surface more often.Sometimes the path is gradual, as long‑standing clients accumulate wealth over decades. Other times it arrives abruptly through a referral whose balance sheet, family dynamics or business interests are already complex.In both cases, the opportunity is often accompanied by hesitation. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the…