Monthly Archives: January 2023

New retirement withdrawal rule is a boon for wealthy seniors

New retirement withdrawal rule is a boon for wealthy seniors

New retirement rules in legislation signed by President Biden in December contain a handful of changes to required withdrawals from retirement accounts that score big brownie points with well-heeled seniors. The new law ramps up the age you must start withdrawing required minimum distributions, or RMDs, from individual retirement accounts (IRAs), 401(k)s, and 403 (b) plans, to 73 this year, up from 72. That requirement will leap to age 75 in 2033. Another provision eliminates RMDs from Roth… Source link

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Google lays off most employees part of its Area 120 incubator

Google lays off most employees part of its Area 120 incubator

Google’s Area 120 division has been severely affected by the layoffs happening across Alphabet, according to Bloomberg and TechCrunch, which said the unit now has fewer than 100 employees after the most recent round of cuts. Area 120 is known as Google’s in-house incubator, which works on experimental apps and products. Those include GameSnacks, an HTML5-based platform that enables users to load and play games quickly even on poor connections and basic smartphones. Sundar Pichai established… Source link

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Google lays off most employees part of its Area 120 incubator

Google lays off most employees part of its Area 120 incubator

Google’s Area 120 division has been severely affected by the layoffs happening across Alphabet, according to Bloomberg and TechCrunch, which said the unit now has fewer than 100 employees after the most recent round of cuts. Area 120 is known as Google’s in-house incubator, which works on experimental apps and products. Those include GameSnacks, an HTML5-based platform that enables users to load and play games quickly even on poor connections and basic smartphones. Sundar Pichai established… Source link

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Google lays off most employees part of its Area 120 incubator

Google lays off most employees part of its Area 120 incubator

Google’s Area 120 division has been severely affected by the layoffs happening across Alphabet, according to Bloomberg and TechCrunch, which said the unit now has fewer than 100 employees after the most recent round of cuts. Area 120 is known as Google’s in-house incubator, which works on experimental apps and products. Those include GameSnacks, an HTML5-based platform that enables users to load and play games quickly even on poor connections and basic smartphones. Sundar Pichai established… Source link

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Some Google workers who’ve been laid off earned as much as $1 million a year, report says

Some Google workers who’ve been laid off earned as much as $1 million a year, report says

Sundar Pichai announced 12,000 job cuts on Friday.Jerod Harris/Getty Images Alphabet CEO Sundar Pichai announced layoffs Friday affecting 12,000 positions at the Google owner. Some employees who earned as much as $1 million were also cut, The Information reported. Pichai told staff in a memo that he took “full responsibility for the decisions that led us here.” Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making… Source link

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Some Google workers who’ve been laid off earned as much as $1 million a year, report says

Some Google workers who’ve been laid off earned as much as $1 million a year, report says

Sundar Pichai announced 12,000 job cuts on Friday.Jerod Harris/Getty Images Alphabet CEO Sundar Pichai announced layoffs Friday affecting 12,000 positions at the Google owner. Some employees who earned as much as $1 million were also cut, The Information reported. Pichai told staff in a memo that he took “full responsibility for the decisions that led us here.” Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making… Source link

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U.S. dairy producers feel pinch from inflation, severe weather

U.S. dairy producers feel pinch from inflation, severe weather

As the U.S. nears a potential recession, dairy producers are finding themselves impacted by both inflation and severe weather. “There’s certainly been a lot of talk about the inflation at the shelf and food prices,” Tillamook County Creamery Association CEO Patrick Criteser told Yahoo Finance Live (video above). “And there should be because that’s an 8-12% — even higher in some categories — increase in costs year-over-year that’s impacting families.” Although inflation in the… Source link

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Trump won’t be the Republican nominee

Trump won’t be the Republican nominee

Former Sen. Rob Portman and former President Donald Trump. (Photo illustration: Yahoo News; photos: Patrick Semansky/AP, Alon Skuy/AFP via Getty Images) When Rob Portman announced he was retiring from the Senate two years ago, it was taken as another sign that Congress was going to the dogs. Portman, an Ohio Republican, knew how Washington worked — or should be working — to address national challenges, and was increasingly exasperated that it wasn’t doing so. Two years later, there is a… Source link

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China says COVID outbreak has infected 80% of population

China says COVID outbreak has infected 80% of population

BEIJING (Reuters) – The possibility of a big COVID-19 rebound in China over the next two or three months is remote as 80% of people have been infected, a prominent government scientist said on Saturday. The mass movement of people during the ongoing Lunar New Year holiday period may spread the pandemic, boosting infections in some areas, but a second COVID wave is unlikely in the near term, Wu Zunyou, chief epidemiologist at the China Center for Disease Control and Prevention, said on the… Source link

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