DIRS.INFO The most relevant business & tech news

☆ Orsted Books $4 Billion in Impairments, Walks Away From Two U.S. Offshore Projects
▼ + stars: | 2023-11-01 | by ( Dominic Chopping | ) www.wsj.com time to read: +5 min

However, the company said it has taken the final investment decision on the Revolution Wind project offshore Rhode Island, meaning it will now proceed to construction phase. Orsted isn’t alone in facing the increasing financial challenge of building new sprawling offshore projects. New York regulators last month denied requests from offshore wind developers including BP , Equinor and Orsted to give them a higher price for electricity generated from their projects off the state’s coast. The company still sees full-year Ebitda excluding new partnership agreements and provisions of between DKK20 billion and DKK23 billion. Gross investments for the year are now seen at DKK40 billion to DKK44 billion from DKK44 billion to DKK48 billion previously.

Persons: DADO RUVIC, REUTERS Orsted, Orsted, ”, Mads Nipper, Orsted isn’t, Norway’s, Dominic Organizations: REUTERS, Eversource, BP, New Locations: New Jersey, DKK268, Danish, Rhode, New York

☆ Here Are the 401(k) and IRA Contribution Limits for 2024
▼ + stars: | 2023-11-01 | by ( Aly J. Yale | ) www.wsj.com time to read: +2 min

401(k) contribution limits 2024For employer sponsored plans including 401(k), 403(b) and 457 retirement plans—as well as Thrift Savings Plans, a type of account for federal employees and military members only—the 2024 contribution limits will jump to $23,000. 401(k) contribution limits 2023 & 2024 2023 limit 2024 limit Maximum employee contribution $22,500 $23,000 Catch-up contribution (for those 50 and older) $7,500 $7,500 IRSIRA contribution limits 2024For individual retirement accounts, or IRAs—both Roth and traditional types—2024 contributions will max out at $7,000, up from $6,500 in 2023. IRA contribution limits 2023 & 2024 2023 limit 2024 limit Maximum contribution $6,500 $7,000 Catch-up contribution (for those 50 and older) $1,000 $1,000 IRSThe income levels used to determine eligibility for IRA contribution deductions and for making contributions to Roth IRAs are also changing. For IRA contributions limits depend on whether you or a spouse have access to a workplace retirement savings account. Finally, for individuals with SIMPLE retirement accounts—a type of IRA sometimes used by small businesses—the 2024 contribution limits will jump from $15,000 to $16,000.

Persons: Aly J, —, Roth Organizations: Yale, Internal, IRS

☆ What Today’s Fed Move Means for Savings Accounts and CDs
▼ + stars: | 2023-11-01 | by ( Steve Garmhausen | ) www.wsj.com time to read: +5 min

By Steve GarmhausenThe Federal Reserve’s decision to leave interest rates unchanged Wednesday means your savings accounts will continue to enjoy decades-high yields of 5% or more. The question of how long interest rates will remain robust matters to those making decisions about how to save. Savings accounts are attractive because balances are readily available for emergencies or planned expenses like a home down payment—but their interest rates can change quickly in response to Fed actions. Savings accounts vs. CDsThe best savings accounts and CDs were paying around half a percentage point of annual interest before the Fed started raising rates last spring. Safe, liquid alternatives to bank accounts include Treasury bonds—the one-year T-bill was recently yielding 5.4%—and money-market mutual funds, which yield a hair less.

Persons: Steve Garmhausen, it’s, “, ”, James Thorne, Brooke May, Daniel Wilson, Adam Stockton ,, you’ll Organizations: Wellington, Altus Private Wealth, Fed, City Locations: Altus, Indianapolis, Ind, Auburndale

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/luxury-homes/trumpeter-chris-botti-is-living-life-at-140-mph-9cdae37d

Persons: Dow Jones, chris

☆ Best 5-Year CD Rates for October 2023
▼ + stars: | 2023-10-31 | by ( Martha C. White | ) www.wsj.com time to read: +8 min

Best 5-year CD rates for NovemberA five-year CD is one of the more common CD terms available. Interest rates on 5-year CDs have not climbed as sharply this year as rates for CDs with shorter terms. Our CD rate picks reflect the best available five-year CD rates we found on DepositAccounts, com, which tracks roughly 275,000 rates at more than 11,000 banks and credit unions. You expect interest rates to fallThe current interest rate environment is great for savers, but if the U.S. economy slows, the Federal Reserve policy makers are likely to cut interest rates in order to stimulate the additional growth. These accounts’ interest rates are variable, so if prevailing interest rates decline, banks will cut their rates and you will earn less money.

Persons: Martha C, —, ”, Ken Tumin, Dillon Haviland Organizations: Federal Deposit Insurance Corp, Federal Reserve, TBH Advisors, FDIC, National Credit Union Administration Locations: U.S, Nashville, Tenn

☆ Don’t Want to Tip Your Delivery Driver? Be Prepared to Wait, DoorDash Warns
▼ + stars: | 2023-10-31 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/hospitality/dont-want-to-tip-your-delivery-driver-be-prepared-to-wait-doordash-warns-f55fab3b

Persons: Dow Jones

☆ Apple’s New M3 MacBook Pro and M3 iMac: Some Tricks, Some Treats
▼ + stars: | 2023-10-31 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/personal-tech/apples-new-m3-macbook-pro-and-m3-imac-some-tricks-some-treats-7173fdaf

Persons: Dow Jones

☆ 11 Books to Read: The Best Reviews of October
▼ + stars: | 2023-10-31 | by ( Wsj Books Staff | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/arts-culture/books/11-books-to-read-the-best-reviews-of-october-42ca438d

Persons: Dow Jones, 42ca438d

☆ 9 Moves to Help You Pay Off Credit Card Debt
▼ + stars: | 2023-10-31 | by ( Kerri Anne Renzulli | ) www.wsj.com time to read: +14 min

More than half of all Americans are currently aren’t managing to pay their credit card bills in full each month, J.D. Power found recently, helping explain why we now owe a record $1 trillion in credit card debt. Request an interest rate reductionCall each of your credit card issuers and ask for a lower APR, advises Todd Christensen, education manager with Debt Reduction Services, a nonprofit debt counseling agency. Work with a nonprofit credit counseling agencyIf you’re struggling to make the minimum credit card payment required each month or already behind, reach out to a nonprofit credit counseling service for assistance. These organizations, typically members of the Financial Counseling Association of America or the National Foundation for Credit Counseling, will review your finances and credit card debt to help you better manage your budget and repayments.

Persons: Kerri Anne Renzulli, Power, you’ve, You’ll, Experian, Beverly Harzog, ”, Todd Christensen, John Ulzheimer, you’ll, you’re, Bruce McClary, Says Organizations: Mint, Debt, Surveys, TK, nab, Consumer Financial, Financial, Association of America, National Foundation, Credit, Credit Counseling Locations: FICO

☆ Stocks Bounce Back Ahead of Packed Week of Economic News
▼ + stars: | 2023-10-31 | by ( Sam Goldfarb | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-10-30-2023-4d1b8be1

Persons: Dow Jones Organizations: dow

☆ BlackBerry Taps Richard Lynch as Interim CEO
▼ + stars: | 2023-10-31 | by ( Ben Glickman | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/blackberry-taps-richard-lynch-as-interim-ceo-5cf10042

Persons: Dow Jones, 5cf10042

☆ Logitech International Names Hanneke Faber Next Chief Executive
▼ + stars: | 2023-10-31 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/logitech-international-names-hanneke-faber-next-chief-executive-8b7bad08

Persons: Dow Jones, faber, 8b7bad08

☆ Tech Titans Rebound From Tough Times as AI Fuels Optimism
▼ + stars: | 2023-10-30 | by ( Preetika Rana | Tom Dotan | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/ai/tech-titans-rebound-from-tough-times-as-ai-fuels-optimism-77038b3a

Persons: Dow Jones

☆ Workers Are Doing Less Work for the Same Pay
▼ + stars: | 2023-10-30 | by ( Jeffrey Sparshott | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/jobs/workers-are-doing-less-work-for-the-same-pay-80284352

Persons: Dow Jones

☆ The Hot New Party Where the Birthday Boy Pees on Your Leg
▼ + stars: | 2023-10-29 | by ( Weilun Soon | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/dog-birthday-adoption-parties-cakes-51b8aad0

Persons: Dow Jones

☆ A Harvard Prodigy Set Out to Disrupt the Legal Industry. Now, CS Disco Tries to Fix Its Culture.
▼ + stars: | 2023-10-29 | by ( Emily Glazer | Theo Francis | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/a-harvard-prodigy-set-out-to-disrupt-the-legal-industry-now-cs-disco-tries-to-fix-its-culture-c9c67bbb

Persons: Dow Jones Organizations: harvard

☆ Union Wave Comes to the College Campus
▼ + stars: | 2023-10-28 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/us-news/education/union-wave-comes-to-the-college-campus-efd3d738

Persons: Dow Jones

☆ Elon Musk’s Outlook on Our Future Turns Dour
▼ + stars: | 2023-10-28 | by ( Tim Higgins | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/elon-musks-outlook-on-our-future-turns-dour-ca60079b

Persons: Dow Jones Organizations: elon

☆ How I Get Eight Free Hotel Nights Every Year Without Doing Anything
▼ + stars: | 2023-10-28 | by ( Ben Luthi | ) www.wsj.com time to read: +10 min

So long as you pay the annual fee, many hotel credit cards offer one free night each year. Before discovering free night credits, I stayed at my fair share of motels with rock-hard beds and paper-thin walls. However, as my life and finances evolved, the benefit of my free night certificates has become about more than saving money. My hotel credit card collectionYou probably don’t need eight hotel cards. Key perks: Annual free night award, fourth night free on consecutive award redemptions, automatic IHG® Platinum status, $100 trusted traveler program application fee credit every four years.

Persons: Ben Luthi, I’ve, ”, you’ll, ’, we’ve, I’m, you’re, Wyndham Wyndham, Wyndham Organizations: Nintendo, Card, Marriott Marriott, Marriott, California — Marriott, Marriott Bonvoy, Business, Residence, Ritz, Carlton, Hilton Hilton Honors Aspire, Hilton, Hilton Resort, Honors, Diamond, Las, Hyatt, Hyatt Credit, Hyatt House, Hyatt Card, Hyatt Regency, Grand Hyatt, Wyndham Locations: Sandy , Utah, Hilton, Park City, Marriott, California, Fairfield, Vegas, Seattle, Alaska, Grand, Wyndham

☆ News Quiz for Oct. 28, 2023
▼ + stars: | 2023-10-28 | by ( Daniel Akst | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ The Employee Benefits You Should Use—but Probably Don’t
▼ + stars: | 2023-10-27 | by ( Cheryl Winokur Munk | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/employee-benefits-perks-open-enrollment-fd6690fb

Persons: Dow Jones

☆ New Speaker Mike Johnson Gets ‘Grace Period’ as He Reboots House
▼ + stars: | 2023-10-27 | by ( Kristina Peterson | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/new-speaker-mike-johnson-gets-grace-period-as-he-reboots-house-7dc752f0

Persons: Dow Jones, johnson

☆ Halloween Candy Is Getting Scary Expensive
▼ + stars: | 2023-10-27 | by ( Joseph De Avila | Joseph Pisani | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/consumers/halloween-candy-is-getting-scary-expensive-f2c64e23

Persons: Dow Jones

☆ Investors Like New York Subways. San Francisco’s BART? Not So Much.
▼ + stars: | 2023-10-27 | by ( Heather Gillers | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investors-like-new-york-subways-san-franciscos-bart-not-so-much-e20bc29a

Persons: Dow Jones, bart

☆ Why Drug Companies Don’t Want to Sell Allergy Medicines and Bandages Anymore
▼ + stars: | 2023-10-27 | by ( Jared S. Hopkins | Adrià Calatayud | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/health/healthcare/sanofi-plans-to-spin-off-consumer-healthcare-business-ab808c6f

Persons: Dow Jones Organizations: sanofi

Search resuls for: "WSJ.com"

25 mentions found