Imposter scams cost older adults $700 million in 2024, FTC finds: Some victims are ‘clearing out’ their 401(k)s

Imposter scams cost older adults 0 million in 2024, FTC finds: Some victims are ‘clearing out’ their 401(k)s

Key Points

Americans age 60 and older are reporting being victims of imposter scams in increasing numbers, according to the Federal Trade Commission.
They sometimes lose all the savings held in a bank account or 401(k), the agency said.
There are ways to avoid getting scammed.

Source

Using my phone as a Paris guidebook cost me — here’s how to save on your bill when traveling abroad

Finance

Using my phone as a Paris guidebook cost me $50 — here’s how to save on your bill when traveling abroad

August 9, 2025

Key Points There are a few ways to prevent your cell phone bill from increasing much while traveling internationally, experts said. Among their biggest tips: Consider a T-Mobile cell plan, buy an eSIM or rely solely on Wi-Fi networks. Source

EV sales soar as Trump axes ,500 tax credit: ‘People are rushing out’ to buy, analyst says

Finance

EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says

August 8, 2025

Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source

Finance

Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more

August 8, 2025

Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]