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Business & Tech

Should you worry about overfunding your 529 plan?

529 college savings plans are powerful tools to help pay for the mounting costs of an education. Why are some people hesitant to use them? One common concern is oversaving. You can use 529 funds to cover only qualified education expenses without incurring a tax penalty, but it can be hard to ...

Stock market today: Wall Street slips as technology stocks drag on the market

NEW YORK (AP) — Technology stocks are dragging down the market as Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.6%, with more than 80% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the ...

China sanctions 7 companies over US military assistance to Taiwan

BEIJING (AP) — The Chinese government placed sanctions on seven companies on Friday in response to recent U.S. announcements of military sales and aid to Taiwan, the self-governing island that China claims as part of its territory. The sanctions also come in response to the recent approval ...