Personal finance
A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Key Points Rana Robillard, chief people officer at software startup Tekion, was tricked into sending her life savings to a criminal. What happened to Robillard, a 25-year veteran of tech companies, speaks to the increasingly sophisticated nature of cybercrime. Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to […]
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What to know about airline refunds, delays as global IT outage causes ‘mass chaos,’ expert says
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Ting Shen/Bloomberg via Getty Images Major airlines like United, Delta and […]
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An options trade on CrowdStrike as shares tank on the outage
From investors to airline travelers, many Americans are being forced to deal with the fallout of this giant IT outage . One-time cybersecurity darling Crowdstrike (CRWD) is getting the blame. As a trader, I want to utilize the acute volatility in this historic mishap as an opportunity to produce income and potentially own the cybersecurity […]
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CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers
Key Points The Consumer Financial Protection Bureau proposed a rule that would label paycheck advance programs as loans, if users are charged a fee. These programs are sometimes known as earned wage access, daily pay, instant pay, accrued wage access, same-day pay and on-demand pay. Under the proposed rule, users would see fees expressed as […]
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‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say
Key Points The Inflation Reduction Act has a few provisions related to tax credits for electric vehicles. Consumers can get a $7,500 tax credit for buying a new EV. It may be challenging for cars and/or buyers to qualify due to certain requirements. It may be easier to get a $7,500 credit by leasing an […]
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As Gen Zers opt for astrology to pick stocks, experts warn it’s ‘neither optimal nor ideal’
Zodiac signs inside a horoscope circle. Sarayut Thaneerat | Moment | Getty Images Mercury is in retrograde — so just how much money should you invest in certain stocks today? That is the kind of assessment 25-year-old Stefaniya Nova makes on a day-to-day basis — and she claims to have made $31,000 in profits using […]
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From ‘quiet quitting’ to ‘coffee badging’ — why employees are less interested in work
Some workers are phoning it in, and it shows. After mostly trending up for years, workplace engagement has flatlined. Now, only one-third of full- and part-time employees are engaged in their work and workplace, while roughly 50% are not engaged — reflected in the evolution of “quiet quitting” — and the rest, another 16%, are […]
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Many Americans think they’re insulated from climate change. Their finances indicate otherwise
Key Points Just 55% of Americans believe global warming will “hurt them a moderate amount,” according to a new study by Stanford University and Resources for the Future. Climate change is already having a financial impact on most Americans, economists said. Higher insurance rates for homeowners, inflation for groceries, and lost earnings due to heat […]
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With large prices and mortgage loan prices, aspiring and latest house owners sense ‘stuck’
A home out there for sale is revealed on Could 22, 2024 in Austin, Texas. Brandon Bell | Getty Photos When Rachel Burress moved into her mother’s house around a 10 years in the past, it seemed like a quick-phrase halt on the route to homeownership. The 35-12 months-outdated hairdresser spent all those yrs improving […]
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The Ambani marriage ceremony is costing hundreds of thousands — this is how to have a big impact on a significantly smaller sized price range
MUMBAI, MAHARASHTRA, INDIA – 2024/07/05: Anant Ambani (son of Indian businessman Mukesh Ambani) and his fiancée Radhika Service provider viewed on the purple carpet throughout the sangeet ceremony at Jio Environment Centre in Mumbai. (Picture by Ashish Vaishnav/SOPA Pictures/LightRocket by means of Getty Photos) Sopa Illustrations or photos | Lightrocket | Getty Pictures The lavish […]
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