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Bloomberg Philanthropies Mayors Challenge winners use AI and resident input to improve city services
Bloomberg Philanthropies Mayors Challenge winners use AI and resident input to improve city services" class="img_border right margin_left"/>
The winners of this year’s Bloomberg Philanthropies Mayors Challenge created innovative projects to improve their cities’ core services – many using some combination of artificial intelligence and the wisdom of their residents.
That’s what South Bend, Indiana, Mayor James Mueller did with his initiative t ... (full story)
Income low enough to avoid a tax return? Check your refundable credits
About 1 out of 5 people eligible for the earned income tax credit (EITC) missed out on getting a "check in the mail" from the U.S. Treasury between tax years 2014 and 2022. Why? They did not claim the credit (tinyurl.com/36tjp3h7). As a longtime proponent of financial literacy education, that bothers me.
The EITC &quo ... (full story)
Should higher earners still make 401(k) catch‑up contributions?
Should higher earners still make 401(k) catch‑up contributions?" class="img_border right margin_left"/>
Since 2002, retirement savers age 50 and over have had the option of making “catch-up” contributions to their 401(k) plans, which stack on top of the regular limits for employee contributions to tax-deferred retirement plans. The amounts were limited to $1,000 per year when they first came out but expanded to $7,500 by 2 ... (full story)
How social media killed the food festival stars. And created others
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MIAMI (AP) — For nearly 10 years running, Lesley VanNess never missed the South Beach Wine & Food Festival, a beachfront bacchanal of celebrities, booze and bites that tens of thousands of attendees pay hundreds to thousands of dollars to join.
It was about access, the chance to nosh and gab with the likes of Rachael R ... (full story)
Forced Selling and the Fed
Q. What is "forced selling"? -- A.D., Chepachet, Rhode Island
A. It can refer to multiple things. For example, imagine you've invested "on margin." (That's when your brokerage lends you money to invest with.) If your holdings fall in value significantly, you might receive a "margin call," requiring ... (full story)