Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Tag: general news
The next few days may reveal whether investors have been riding one big suckers rally, says this strategist.
Stocks are off to a weaker start as caution grips investors following Friday’s monster jobs beat. While subject to revisions, that 517,000 surge in U.S. jobs may have shredded hopes among some that th...
‘Best in 15 years.’ This investment is now offering a guaranteed return of up to 4.78%. Should you bite?
Is a certificate of deposit right for you?. Getty Images Certificates of deposit (CDs) let you deposit your money for a predetermined amount of time at a fixed interest rate and collect your earnings ...
Property Taxes Are Going Up; Here’s How to Lower Your Bill
Listen to article (1 minute) The cost of homeownership will rise for millions of Americans in coming weeks as new property-tax assessments arrive in the mail. Property taxes have risen across much of...
6 leading real estate economists and pros on what to expect from the housing market this winter
Getty Images Some aspiring homebuyers are in for some much-needed relief. “Right now might appear more appealing to some buyers because, recently, the housing market has been cooling. Prices are dropp...
We make $140K in Raleigh and hope to retire in about a year with $1 million. Is there a certain type of financial adviser we should be looking for?
Raleigh, North Carolina Getty Images/iStockphoto Question: I live in Raleigh, North Carolina. I’m about to turn 65 and looking to work maybe one more year. Our combined income is approximately $140,00...
China’s Baidu Plans a ChatGPT Rival. The Internet Giant’s Stock Could Reap the Returns.
Talk about buying the rumor. Baidu China’s leading internet search provider, let it be known on Jan. 30 that it will launch a so-called chatbot powered by artificial intelligence, akin to the ChatGPT ...
Thanks to payouts of 4% or more, the humble CD is making a comeback. Should you get one?
Should you get a certificate of deposit? Getty Images/iStockphoto Google searches for CD rates have jumped considerably in the past year. And no wonder: As the Fed keeps hiking interest rates, payouts...
Jobs report tells markets what Fed chairman Powell tried to tell them
Oh dear. A lot of investors just learned again, the hard way, the old rule: When someone tries to tell you something about themselves, listen. On Wednesday afternoon Federal Reserve Chairman Jerome Po...
The Fed raised interest rates this week. So here’s what you should be earning on your savings account now
Savings accounts are already paying far more than they did even a year ago. Getty Images/iStockphoto On Wednesday, the Federal Reserve raised interest rates a quarter percentage point, and officials n...
I’m 72, have a cushy amount invested and was withdrawing 4% a year. But once I pay my financial adviser’s fees and California taxes that won’t be enough. What’s my move?
How to figure out if your adviser is worth what they’re charging you. Getty Images/iStockphoto Question: I have a comfortable balance in my investment account but have a question about only taking out...
There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.
Ahead of major tech earnings later, Meta results are lighting up the Nasdaq Composite COMP, +2.97% for Thursday. The S&P 500 SPX, +1.40% is also up as investors take a glass-half full view of the ...
‘I’m stretched thin.’ I’m 23 and make $75K a year living in the Northeast. But between rent and other bills I have ‘very little’ in the bank each month. Should I hire a pro to help?
Question: I’m 23 and living in a high-cost area in Rhode Island. I make a $75,000 salary, plus monthly bonuses that will hopefully get me near six figures by the end of the year. I’ve worked full time...
If you haven’t switched your savings account recently, now may be the time
Getty Images/iStockphoto On Wednesday, the Federal Reserve raised interest rates again — which is good news for savers. What’s more, savers have been seeing yields on savings accounts rise for months ...
Wall Street to Jerome Powell: We don’t believe you
Do you want the good news about the Federal Reserve and its chairman Jerome Powell, the other good news…or the bad news? Let’s start with the first bit of good news. Powell and his fellow Fed committe...
As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money
The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...
Want to earn a guaranteed 4%-4.75% on your money? While this savings vehicle hasn’t been that popular in recent years, pros say it’s now worth another look
The latest rates on certificates of deposit. Getty Images/iStockphoto Looking for a safe place to park your money with a guaranteed return of sometimes 4.5% or more? While certificates of deposit, or...
10 best high-interest savings accounts for February 2023
10 savings accounts that deliver rates that top 4%. Getty Images/iStockphoto Want to let your hard-earned cash work for you? How about letting it work more than 15x harder than the national average? T...
Pfizer CEO: Covid Infections Will Rise. So Will Paxlovid and Vaccine Sales.
Pfizer executives say Wall Street analysts haven’t understood just how powerful a hit the company’s Covid-19 products will take this year. That’s the explanation the company’s chief financial officer,...
Apple earnings may rely on an unlikely hero amid iPhone uncertainty
Apple Inc. was saved in its last earnings report by an unlikely hero, and the same dynamic may show up in the tech giant’s holiday earnings. Macs posted record revenue of $11.5 billion that was more t...
‘My stepmother has been less than ethical’: I suspect my stepmom removed me as beneficiary from my late father’s life-insurance policy. What can I do?
Dear Quentin, My dad passed away in March 2019. My stepmom told me I had an inheritance from my dad. She ceased communication with me after my dad passed away. I reached out to the Department of Fina...
Europe bans Russian diesel, other oil products over Ukraine war
FRANKFURT, Germany — Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earn...