• Fri, May 9, 2025

by: Kiplinger

Widow's Penalty: Three Ways to Protect Your Finances

Higher Medicare premiums, smaller Social Security payments, bigger tax bills … Financial changes can hit hard when a spouse dies. Here's how to counter the blow.

by: KARK

City of Bryant warns local businesses of email scam

The city of Bryant is warning local businesses to be aware of a recent email scam.

by: WAVY

Newport News Excellent Educator allows students to create a business plan

In Newport News, Tanesha Koonce works to prepare her middle schoolers for life long after grade school.

by: Bloomberg

Buyer's Remorse Hits Finance Bosses Who 'Overhired' for ESG

There's a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters advising banks and money managers.

by: CoinTelegraph

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

Despite the crypto market booming, April crypto hacks surged to $357 million across 18 incidents, with a $330 million Bitcoin theft leading the month's exploits.

by: Reuters

White House dismisses Chamber push for small businesses tariff relief

The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is seeking to extend. The U.S. Chamber of Commerce, in a letter to U.S. President Donald Trump's administration, asked for small companies to be excluded from tariffs if they can show it would harm U.S. workers and for products that cannot be made in the United States or are not readily available. "The re

by: Forbes

Trump Organization Admits President Still Controls His Business

Donald Trump can lie to the American public, but the Trump Organization has a harder time deceiving authorities in Britain.

by: WHIO

Road work to close part of busy road for 2 weeks in Huber Heights

Part of Rip Rap Road along the Great Miami River will be closed from May 7-21.

by: WJCL

'Small businesses are supporting those big businesses': Small Shop

Shoppers are encouraged to support small businesses.

by: CNN

Inside Trump's negotiating strategy with China | CNN Business

A few hours after President Donald Trump's trade negotiating team boarded a flight for the most important economic meetings in the world, their boss took to social media to publicly throw a curveball into the negotiations.

by: Oregonian

Former Portland commissioner, mayoral hopeful threatens to sue city over campaign finance penalties

Former Portland Commissioner Rene Gonzalez has intensified an ongoing legal battle with the city and the office of its elected watchdog over campaign finance violations he faced last fall during his unsuccessful bid for mayor.

by: BBC

Businesses respond to hottest April in seven years

Some businesses have reported an increase in customers due to the ongoing good weather.

by: WFTV

Meet the 2025 Women Who Mean Business

The Orlando Business Journal this week is celebrating 26 influential Central Florida women.

by: Fortune

Kohl's board fight spills into the open with director departure

Kohl's said the recent departure of a board director was related to a disagreement with the company.

by: PBS

NJ Spotlight News | Business Report: Vaccine mandates reach Supreme Court | Season 2022

Supreme Court heard arguments challenging Biden's workplace vaccine mandates

by: CNN

China's factories take a big blow as Trump's tariffs bite | CNN Business

China's factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing's efforts to roll out fresh economic stimulus.

by: WHIO

Nearly a dozen injured in shooting at busy tourist area of Myrtle Beach

A shooting in the popular South Carolina tourist town of Myrtle Beach left 11 people injured, and police fatally shot one person, authorities said.

by: Reuters

Citigroup CEO says most business clients can absorb 10% tariffs

Citigroup CEO Jane Fraser said on Monday most of the bank's business clients could absorb U.S. tariffs of 10% on the nation's trading partners, but cautioned that companies are waiting on investments and hiring until there is more economic clarity.

by: PBS

PBS39 News Reports | TOOMEY BUSINESS FORUM | Season 2020

U.S. Sen. Pat Toomey has a Q&A with business leaders

by: BBC

Ministers raise concerns over council finances

The government issues a formal warning to cash-strapped Cheshire East Council over its performance.

by: Fortune

Richmond Fed president says it's not yet clear when the central bank should cut rates. 'It's really hard to drive when it's foggy'

Tom Barkin, president of the Federal Reserve's Richmond branch, said businesses have turned cautious.

by: WFTV

St. Cloud's new ordinance will impact watercraft rental businesses

While the ordinance is effective immediately, officials said enforcement will start in 30 days.

by: Forbes

Democrats Warn Tariffs Could Break Small Businesses

A new Democratic report says tariffs are raising costs, cutting jobs, and putting pressure on small businesses in manufacturing, construction, trucking, and retail.

by: CoinTelegraph

Tron says DAO X hack cost victims $45K, Curve Finance also hit

Tron DAO's X account was taken over by a scammer on May 2, with around $45,000 stolen from users after the hacker posted a contract address and sent fraudulent direct messages.

by: CoinTelegraph

Swedish MP proposes Bitcoin reserve to finance minister

A Swedish parliament member has proposed Bitcoin for national reserves, mirroring US strategies and signaling increased European openness toward digital assets.

by: BBC

Thurrock Council's ex finance officer barred from accountancy

The council is effectively bankrupt after a series of investments.

by: Forbes

How CFOs Can Stop Payment Fraud Attempts

Also in the Forbes CFO newsletter: The disappearing M&A boom, stock markets and consumer sentiment dip in lead up to tariffs, CFPB isn't dead yet.

by: Fortune

Meta reportedly keeps 'do not hire' lists but HR experts warn the practice can be risky

Former Meta employees say they can no longer be rehired after being put on a secretive internal list.

by: Reuters

Gambia commutes death sentence over Jammeh-era killing of finance minister

Gambia's Supreme Court has commuted the death sentence of a government minister convicted of killing the finance minister to life in prison, one of few to be convicted of crimes committed during the 22-year rule of ex-dictator Yahya Jammeh. The case has been closely watched in the tiny West African nation as a rare example of accountability for Jammeh-era crimes and also as a test case for a years-long moratorium on capital punishment.

by: PBS

NJ Spotlight News | TikTok and NJ's small businesses | Season 2024

US Supreme Court to hear arguments over TikTok ban

by: CNN

Saudi Arabia's gold rush: a new source of wealth | CNN Business

Saudi Arabia's oil may have built its fortune, but gold could power its future. From high-tech mining to rising gold prices, CNN takes a closer look to the kingdom's investment plans in precious metals — both as a producer and consumer.

by: Fortune

The vast majority of CEOs are fearful of losing their jobs to AI, survey reveals

Nearly 80% of U.S. CEOs said they could lose their jobs within two years if they don't deliver AI-driven business gains.

by: CNN

Trump's latest Fox News hire leaves a giant hole in the network's biggest show | CNN Business

One of the most coveted seats on Fox News is suddenly up for grabs after Trump appointed Pirro, an ex-prosecutor, to a DC perch.

by: Forbes

20 Career Tips For Finance Professionals Working Their Way Up The Corporate Ladder

Building a successful career in the finance industry requires adaptability, strategic thinking and a commitment to lifelong learning. Early- and mid-career professionals in this field may face unique challenges as they navigate a competitive landscape and evolving market trends.
  • Sat, May 10, 2025

by: KRIV

Auto dealers report brisk business before tariffs bring higher prices

While the specifics of what gets tariffed and what doesn't gets more complicated by the day, dealers say consumers are not waiting to find out.

by: CNBC

America's Top States for Business 2007: The full rankings

America's Top States for Business 2007 were scored on different metrics in 10 key categories of competiveness.

by: PBS

NJ Spotlight News | Why it could be a busy 2021 election season in New Jersey | Season 2021

Campaigns are in full swing as a number of lawmakers are jockeying for rarely-open seats.

by: ThePrint

India Shelter Finance Corporation Limited

VMPL Gurugram (Haryana) [India], May 10: The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the audited financial results for quarter and full year ended March 31, 2025. Show Full Article Commenting on the performance, Rupinder Singh, Managing Director and CEO of India Shelter Finance Corporation said: We are […]

by: Forbes

Worcester, Massachusetts, Is 2025's Top City For Small Business

Worcester is New England's second largest and fastest growing city; its population grew by 14% between 2010 and 2020.

by: Time

How Business Is Really Talking About Climate Change

At the Milken Global Conference, companies talk about protecting themselves from climate risks.

by: PBS

NJ Spotlight News | Business Report: Economy predictions survey | Season 2022

Survey finds CPAs in NJ expect state's economy to worsen

by: Impacts

Will Finance Jobs Be Replaced by AI? What You Need to Know

As artificial intelligence (AI) continues to make strides in industries worldwide, one of the most common questions people are asking is: Will finance AI replace jobs? The finance industry, known for its reliance on data analysis and decision-making, is not immune to these technological advancements. While AI is reshaping many areas of , it's essential […]

by: PBS

NJ Spotlight News | Business Report: Economic risks of new COVID-19 variant | Season 2021

Questions arise over New Jersey's tourism industry as new COVID-19 variant emerges in US

by: Fortune

'America First' policies are threatening American exceptionalism as the economy and markets flash warning signs

"We are still betting on the resilience of consumers and the economy. However, Trump Turmoil 2.0 is significantly testing the resilience of both."

by: Fortune

Shoplifting has become so rampant nearly 60% of shoppers say they feel safer shopping online than in store

Oscar Arango, former VP of assets protection at Target, said that not only did retail crime make consumers more concerned about their safety, but it also hampered the overall shopping experience.

by: Fortune

U.S.-China decoupling fears drive slide in Chinese tech shares

by: Fortune

Tariff 'earthquake' sends shipping industry into crisis mode

In the latest developments, the Trump administration said Wednesday it would provide a one-month exemption for "any autos coming through USMCA," the existing US trade deal with Canada and Mexico.

by: Fortune

The vast majority of CEOs are fearful of losing their jobs due to AI, survey reveals

Nearly 80% of U.S. CEOs said they could lose their jobs within two years if they don't deliver AI-driven business gains.

Widow's Penalty: Three Ways to Protect Your Finances

Higher Medicare premiums, smaller Social Security payments, bigger tax bills … Financial changes can hit hard when a spouse dies. Here's how to counter the blow.
The article from Kiplinger discusses the "widow's penalty," a financial challenge faced by surviving spouses, particularly widows, who often experience a significant drop in income after their partner's death. This penalty arises from the loss of the deceased spouse's income, potential changes in tax filing status, and the possible reduction or loss of certain benefits. The article provides strategies to mitigate this penalty, such as understanding and planning for changes in Social Security benefits, reviewing and updating estate plans, considering life insurance, and managing investments wisely. It emphasizes the importance of proactive financial planning and communication between spouses to protect the surviving partner's financial stability.

Read the Full Kiplinger Article at:
https://www.kiplinger.com/retirement/widows-penalty-how-to-protect-your-finances

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