Author: troyashbacher

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at five questions on the 20% tax deduction for qualified business income or QBI. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. Did the OBBB extend the QBI deduction?Question: I know the qualified business income (QBI) deduction was going to expire at the end of 2025. Did the “One Big Beautiful Bill” (OBBB) extend this federal income tax break?Joy Taylor: Yes. The OBBB not only extended this popular tax break that…

In This Article The realities of a housing market correction are setting in. This could be the turning point for real estate that investors (and homebuyers) have been waiting for. Are you ready? We’re back with our November housing market update, giving you the latest data on home prices, housing inventory, days on market, affordability, and where (and what) are the best opportunities for investors. Sellers are growing increasingly desperate as the buyer’s market shifts further toward the investor’s side. And, with the seasonally slow winter months coming up, this could be the perfect moment to strike a deal. There’s…

Billionaire investor Ron Baron isn’t flinching during the latest tech selloff, and he’s certainly not touching his own Tesla shares, he said.The longtime growth investor said he sees the pullback as a chance to spot bargains, even as volatility has rattled the biggest names in tech recently.”Not very much,” Baron said Friday on CNBC’s “Squawk Box” when asked what he’s doing amid the drawdown. “Just looking and trying to understand where opportunities are and try to take advantage of them.”His conviction is especially intense when it comes to Tesla, one of his signature bets. He recalled selling a third of…

To help you understand the trends surrounding AI and other new technologies and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts. (Get a free issue of The Kiplinger Letter or subscribe.) You’ll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…As economists and investors try to weigh artificial intelligence’s role in the economy, and with stock market bubble fears on the rise, uncertainty over the fast-moving…

Median rent by apartment size  Bedrooms  Median Rent 0-1  $1,650 2 $1,920 3+ $2,199 Source: Redfin, data as of August 2025. Regional Variation  In general, rents remain highest in larger cities and lower in smaller metropolitan areas and rural counties. In August 2025, New York City posted a median monthly asking rent of $3,397. When you expand the search to the larger metro area, metro New York also commands one of the highest median asking rents. More affordable metros include Louisville ($1,297 median) and St. Louis ($1,413 median). Smaller Midwestern/Southern markets show a high share of $1,000-and-under listings. For example,…

Stock futures dropped Friday, a day after major indexes posted sharp declines as tech shares tumbled.  Futures associated with the tech-heavy Nasdaq, benchmark S&P 500 and blue-chip Dow Jones Industrial Average were down a respective 1.5%, 1%, and 0.6%. Yesterday, they finished a respective 2.3%, 1.7%, and 1.7% lower, with the Dow shedding about 800 points. Late Wednesday, President Donald Trump signed into law a bill to fund the federal government until Jan. 30 and end the record 43-day shutdown. However, traders increasingly seem concerned about the impact of delayed releases of economic indicators that weren’t issued during the shutdown, with the CME Group’s FedWatch tool…

What I Spent   I spent: $24 at Safeway $13 at Aldi $21 at Panera And that was it: $58 total.  What We Ate  Saturday I had some leftover pasta, and I do not remember what Zoe ate! Sunday Wellll….in news that will surprise no one, I made some blueberry pancakes after work. I think it had been a week or two with no pancakes, so I was starting to feel a little shaky. 😉  Monday Fried rice with chicken, and sliced cucumbers on the side. Tuesday An easy after-work meal: grilled cheese sandwiches, tomato soup from a can, and sliced apples on…

Housing is one of life’s fundamental needs, right up there with food, water, and safety. For decades, though, housing affordability has become increasingly out of reach for the average American. With the median U.S. home price hovering around $440,000 and the median household income roughly $80,000, it’s easy to see why homeownership has become more of a dream than a given. Enter the potential 50-year mortgage — an idea reportedly being explored by the Trump administration. The concept is simple: stretch out the repayment term to make monthly payments more affordable, and potentially pair it with a portable mortgage, which would allow homeowners to transfer their…

[EDITOR’S NOTE: How bad do we want you to go to The Physician Wellness and Financial Literacy Conference (WCICON) in 2026? We’re giving away a FREE ticket that’s worth $1,999 just so you can experience the best medical conference in all the land that will be held March 25-28 in Las Vegas. Head over to the White Coat Investor on Instagram or Facebook and follow the instructions on our giveaway posts this week. Take note that this offer won’t be around much longer. You have to enter by November 17 to win.]   By Dr. Jim Dahle, WCI Founder I…

The United Club at Chicago O’Hare’s Terminal C is big and functional — and it can serve you well during a long layover or flight delay. Just don’t expect the elevated food, drinks or design you’d find at more premium lounges.I’m typically a Chase, American Express and Capital One lounge person, since I hold each of those big banks’ premium travel credit cards.But I found myself with a long layover in Chicago, and as it turns out, O’Hare’s lounge situation is limited. It doesn’t have a Centurion Lounge, a Capital One lounge or a Chase lounge. There are two Priority…