Personal finance
A hedge on Tesla in case earnings this week show Musk is more focused on DC than EV maker
Tesla (TSLA) will report earnings Wednesday after the bell. Elon Musk generally leads the company’s earnings calls, however this is the first since his appointment as the head of the Department of Government Efficiency (DOGE) in President Donald Trump’s administration. While business leaders have held advisory roles or influenced policy externally, assuming a formal position […]
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33-year-old American living in Germany: ‘I don’t worry about not being able to pay my bills here’
At the age of 33, I sometimes feel like I’ve already lived a thousand lives. I’m originally from Los Angeles, and over the last decade, I’ve done everything from teaching English in China to serving as an emergency aid worker in Turkey during the war in Syria. After I completed my master’s degree in London, […]
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Couple balances 15 credit cards with no debt—it’s helped them save nearly $500,000, but expert warns the strategy ‘isn’t for everyone’
Juggling 15 credit cards might sound excessive, but Air Force officers Quinn and Brittney Sturgis use them strategically to earn perks and build credit — just one of the disciplined habits that helped them save nearly $500,000 in their 20s. “We never carry a balance,” says Quinn, a 30-year-old pilot. “Whatever the balance was for […]
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A smart hedge if the Magnificent 7 earnings next week don’t quite live up to lofty expectations
Investors’ Super Bowl is next week when most of the AI-themed “Magnificent Seven” (Mag 7) companies deliver their highly anticipated Q4 earnings reports. These names pushed the S & P 500 to fifty-seven record all-time highs in 2024, and the benchmark index established another new all-time high this week. In the event future returns have […]
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Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Converge Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance Published Thu, Jan 23 20256:16 PM EST Lucy Handley@in/lucy-handley-b2b0a61a/@lucyhandley WATCH LIVE Source
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Return-to-office policies are ‘creeping up,’ researcher says. Many workers would rather quit
Key Points About half of workers say they’d rather quit than return to the office full-time, according to a Pew Research Center poll. Big companies like Amazon, AT&T, Boeing, Dell Technologies, JPMorgan Chase, UPS and The Washington Post have initiated return-to-office mandates for at least some employees. Workers value hybrid work similarly to an 8% […]
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Vanguard’s $106 million target-date fund settlement offers a key lesson about taxes
Key Points Vanguard Group settled with the SEC on Friday over allegations tied to its target-date funds and investor taxes. There’s a lesson about “asset location” for investors. This strategy pairs tax-inefficient assets like many bonds and actively managed mutual funds with tax-advantaged account types like 401(k) plans and individual retirement accounts. Source
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Mortgage rates aren’t likely to fall any time soon — here’s why
Key Points Rates on a 30-year fixed mortgage rose above 7% in the week ended Jan. 16, according to Freddie Mac data. Mortgage rates were below 3% as recently as late 2021. They are unlikely to fall below 6% until 2026, economists said. That’s partly due to investor worries tied to President Donald Trump’s policy […]
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The 15 most expensive U.S. states to retire—No. 1 requires over $2 million in savings
You need to be a millionaire just to cover basic retirement costs in 15 U.S. states, according to a new analysis by GOBankingRates. The states with the highest retirement expenses tend to also have the highest housing costs, whether it’s big-city hubs like New York and California, or Hawaii, where the natural beauty and mild […]
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What to expect from travel prices in 2025 — and which destinations have the best vacation bargains
Osaka, Japan. Jiale Tan | Moment | Getty Images The new year has many travelers thinking ahead to 2025 vacation plans — and how much those trips may cost. About half — 51% — of Americans say flight cost will determine their destination choices this year, according to Skyscanner. And 50% said hotel costs are […]
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