President Donald Trump’s “big, beautiful bill” cleared the House and is making its way through the Senate. Still, critics point out the bill, which is over 1,000 pages, will add trillions to what is already ballooning government debt hovering at $36 trillion and deficits. However, U.S. Treasury Secretary Scott Bessent…
Using “buy now, pay later” (BNPL) has become increasingly common in recent years as people look to split up and finance purchases they make. According to Credit Sesame financial analyst Richard Barrington, some key steps people should take as they utilize BNPL include budgeting beforehand, reviewing the terms of the…
Retirement account balances dipped in the first quarter due to stock market turbulence. Still, people kept socking away money for their retirement, according to new data from Fidelity Investments. The financial services company analyzed more than 50 million retirement accounts, finding that the average balances of 401(k), IRA and 403(b)…
Managing one’s finances can be challenging, especially when faced with conflicting — and often wrong — information fed to people, especially on social media. Buying into common misconceptions surrounding money can be harmful, putting someone on their back foot when it comes to financial health. Jonathan Kim, a personal finance expert…
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Investors are increasingly focused on not just how they invest their money but also how they can optimize their after-tax…
As more Americans take a hands-on approach to their finances, many are weighing whether to invest in exchange-traded funds (ETFs)…
As anxiety mounts over the long-term solvency of the Social Security trust funds, a growing number of Americans are rushing…
Elon Musk is no longer worth more than $1 trillion, less than two weeks after becoming the first person to…
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You have 60 days from your credit card statement date to dispute a charge. After that, the protection disappears. If you’ve ever spotted a charge you didn’t recognize and done nothing about it, here’s what you missed, and what to do next time.What qualifies as…
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Hard-working Americans looking to fire up the grill this weekend are facing major sticker shock before they even light the charcoal. As inflation continues to squeeze household budgets, the newly released Wells Fargo summer BBQ food report reveals that hosting a standard summer barbecue for 10 people has climbed to…
Ford announced a recall covering more than a quarter million Ford Focus vehicles over an issue that may cause the engine to stall unexpectedly. The recall affects 255,404 Focus vehicles from the 2012-18 model years due to an issue with the canister purge valve (CPV). These vehicles were covered by…
SpaceX’s record-setting IPO is creating a financial windfall for thousands of the company’s current and former employees who received stock as part of their compensation. Workers who hold stock in non-public companies are subject to restrictions that can keep them from selling those shares under most circumstances before an IPO…
Elon Musk’s SpaceX debuted on the public market on Friday, raising $75 billion in what was the largest IPO in history. SpaceX’s IPO more than doubled the previous IPO record and provides the company with capital to help finance what Musk explained on a pre-IPO livestream with JPMorgan Chase will…
Elon Musk’s SpaceX began trading at $150 a share on Friday, above its listing price of $135 a share, making him the world’s first-ever trillionaire following the IPO. The rocket and satellite company raised a record $75 billion, valuing the company at about $1.8 trillion, pushing the value of Musk’s…
More than 17,000 coffee makers were recalled over a burn hazard that can cause serious injury, according to federal regulators. About 17,600 Kidisle-branded hot and iced coffee machines were affected by the recall, according to the U.S. Consumer Product Safety Commission.”The recalled coffeemakers(sic) can become clogged, causing hot liquid or…
When most people think of major stock market indexes, their minds go to the S&P 500, Nasdaq Composite, or Dow Jones because they’re the “Big 3.” One index that often flies under the radar is the Russell 2000, which tracks the smallest 2,000 companies in the Russell 3000 index. The…
General Motors on Tuesday announced it’s releasing a software update that allows some electric vehicle (EV) owners to send power back to the electric grid. The update allows owners of GM’s vehicle-to-home energy system, which allows the EV to power the home during a blackout, the expanded capability of sending…
Investors have a growing list of exchange-traded funds (ETFs) and mutual funds that they can choose from as they consider ways to structure their investment portfolios, though there are important differences between the two types of funds. ETFs have grown rapidly as an investment category in recent years since they…
For working Americans with access to a 401(k), there’s perhaps no easier way to save for retirement. You tell your employer how much money you want to contribute per year or per pay period, and that money gets deducted from your paychecks accordingly. Plus, if you’re lucky, you may not…
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