Financial expert Dave Ramsey recommends that families like Michelle's, who have some college funding through GI Bill benefits, should not fully max out 529 college savings plans. Instead, he suggests underfunding the 529 and investing more in flexible accounts like taxable brokerage accounts or Roth IRAs. This approach avoids penalties and taxes if children choose non-traditional education paths or scholarships, as 529 funds are restricted to qualified education expenses. Families should estimate actual college costs, fund the 529 up to that need, and direct extra savings into more versatile accounts to cover various education or career outcomes.
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
