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Oct 23, 2017

10/23/2017: A possible limit to your annual 401(k) contributions

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(U.S. Edition) Amid the U.S. Senate's approval of a $4 trillion budget plan, House Speaker Paul Ryan says the GOP will add another tax bracket to its tax plan for the highest-income earners (upping the number to four). We'll look…

Segments From this episode

Rihanna is filling a hole in the $430 billion beauty market

Oct 23, 2017
Fenty Beauty isn't just for white women or just for women of color — it's for everyone.
Pop star Rihanna worked for two years with Kendo, a beauty brand developer, to create her Fenty Beauty line.
Tony Woolliscroft/Getty Images for Fenty and Harvey Nichols

Too many tourists amid Oxford's dreaming spires?

Oct 23, 2017
Oxford is the latest European city to experience a backlash against mass tourism.
Tourists visit the Bodleian Library on September 2016 in Oxford, England. 
Carl Court/Getty Images

Survey finds low-income people pay more in monthly bank fees

Oct 23, 2017
It can pay to have a checking account. But a new survey out this morning from Bankrate shows low-income consumers end up paying more in monthly bank fees than other customers. The survey found that consumers with annual household incomes…

Hasbro will transform its own games and toys into films

Oct 23, 2017
Toy giant Hasbro has partnered with Hollywood companies to produce films based on its brands like Transformers, G.I. Joe and Battleship. Now it wants to take that business in-house, and finance the movies itself. With toy retailers in trouble, including…

(U.S. Edition) Amid the U.S. Senate’s approval of a $4 trillion budget plan, House Speaker Paul Ryan says the GOP will add another tax bracket to its tax plan for the highest-income earners (upping the number to four). We’ll look at why we’re seeing an extra bracket, and then discuss other changes Republicans are thinking about making to their tax plan, including a huge reduction in the amount of money you can put in your 401(k). Afterwards, we’ll talk about a new study from Bankrate that shows low-income consumers end up paying more money in monthly bank fees than other customers. And finally, we’ll look at the popularity of Rihanna’s Fenty Beauty makeup line, which boasts dozens of foundation shades. 

The team

Stephen Ryan Producer, BBC