NEW YORK- Wall Street drifted through a mixed Monday to open a week that could bring more action to financial markets, with several big reports on the calendar. The market was coming off a week with relatively few reports to give hints on Wall Street's central questions: When will the Federal Reserve halt its hikes to interest rates and begin cutting them, and can…
"I think they will remain leaders next year," said David Kostin, chief U.S. equity strategist at Goldman Sachs. Experts are turning more bullish on the economy and the stock market for next year amid a widespread belief that the Federal Reserve has finished raising interest rates. Consumer prices rose 3.2% in the 12 months through October, and the Fed has boosted…
If you've invested in an IRA for many decades, it may well turn into a key source of income for your retirement. Still, you might not deplete your IRA in your lifetime, especially if you also have a pension or a 401 and other investment income. Inheritors of Roth IRAs are also required to follow the 10- year distribution rule but are not subject to income taxes on…