Year-end bonuses can provide a much-needed financial boost, and using that money wisely can make a meaningful difference in your financial health. But deciding whether…
Elon Musk’s Tesla took a hit from “Big Short” investor Michael Burry, who claimed the electric vehicle maker is “ridiculously overvalued” just days after voicing concern about the market’s AI boom. “Tesla’s market capitalization is…
There is no war on Christmas this year, according to one of President Donald Trump’s senior economic advisors, who touted strong consumer spending during the holiday shopping season’s biggest days. “The fact is that we just had the best Black Friday that we’ve ever seen. And it’s not just because…
After a run of more than 230 years, the U.S. is done producing the penny. While the death of the little copper coin leaves many feeling nostalgic, producing it simply isn’t worth it for the U.S. Mint at 3.69 cents a pop — an increase of 1.42 cents over the…
Financial misinformation isn’t new, but today, it’s supercharged. The 24/7 news cycle fueled by social media virality means you’re more likely than ever to consume inaccurate or misleading information every day. Sometimes these narratives, no matter how false, seep into our collective consciousness and give a false impression of our…
Key takeaways An auto loan can make car ownership possible by spreading out the purchase cost over years. It can help you afford a more reliable vehicle and increase your credit score. Auto loans also have their drawbacks, including high monthly payments, financial risk, vehicle depreciation and being stuck with…
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Key takeaways CD rates are beginning to fall as the Federal Reserve shifts toward rate cuts. Locking in competitive yields now or laddering your CDs can protect against lower future rates. Savers should also consider…
