Tesla Semi deliveries begin with PepsiCo and DHL as first customers

Markets

Tesla on Thursday announced that the electric vehicle maker was beginning deliveries of its Semi trucks to customers this week. Executives at Tesla’s plant in Sparks, Nevada, made the announcement that the first customers will take delivery of the electric big rigs about nine years after CEO Elon Musk first…

Early Retirement With a Roth Ladder: Strategy and Examples

Retirement

A Roth conversion ladder can help early retirees access retirement savings before age 59 ½ without triggering the usual early withdrawal penalty. The strategy works by gradually converting pretax retirement money to a Roth IRA. However, timing is critical: Each conversion generally has its own five-year waiting period before it’s…

Costco cuts prices on produce, meat and home goods after tariff refunds

Markets

Costco on Thursday said it received $184 million in tariff refunds in the company’s fourth quarter, the majority of which were reinvested into lower pricing for members shopping at the retail giant’s warehouses. The big box retailer said that the lower pricing from tariff refunds was applied to a range…

Deficit reduction could lower inflation and interest rates, CRFB finds

News

Curbing the federal government’s roughly $2 trillion budget deficit would help reduce the affordability challenges American households are facing, a new analysis finds. The nonpartisan Committee for a Responsible Federal Budget (CRFB) published a report on Wednesday detailing how reducing the federal budget deficit over both the near- and long-term…