Henry Kissinger, a former US secretary of state and national security adviser who escaped Nazi Germany in his youth to become one of the most influential and controversial foreign policy figures in American history, has died at the age of 100. Kissinger was synonymous with US foreign policy in the 1970s. He received a Nobel Peace…
An appalling video shows the moment several men in rapper Nardo Wick’s entourage beat up a young fan after he asked for a photo. George Obregon Jr, 20, was left hospitalized in critical condition – with a severe concussion and brain bleeding – after he was brutally assaulted by the 21-year-old rapper’s companions, according to…
Exchange-traded funds, or ETFs, and mutual funds are often used interchangeably because they share so many similarities and can accomplish the same crucial investment goal: diversifying your portfolio. Both enable investors to purchase a basket of assets, usually a mix of stocks and bonds, that were selected by teams of expert investors. But there are…
If you think the cost of a car has gotten expensive, wait until you go to insure it. Auto insurance rates are up nearly 15% in some states over the past year, while nationwide premiums have risen more than $240 on average to $2,014 a year, according to comparison site Bankrate. And the increases aren’t…
Most of us have felt the effects of inflation at the grocery store or gas pump. Still, for millions of Americans, inflation has been felt significantly in rent increases, with some areas experiencing increases of up to 31% in just one year. Now, you would think that this rent increase would discourage people from continuing…
When selecting funds for your 401(k), simple is usually better. Actively managed funds with complicated investment strategies often underperform index funds over the long term, and they’ll charge you more through higher expense ratios. Instead, for the most reliable long-term success, opt for funds that offer broad diversification at a low cost. This often means choosing index…
Against the backdrop of the domestic banking crisis and the potential for a U.S. debt default, some investors are now exploring crypto as a potential safe haven asset to weather the economic storm. Such thinking would have been unimaginable just six months ago, when the common consensus was that “crypto winter” would extend into much of 2023….
With both established brokerages and new companies offering investment apps, the options can be overwhelming. There are apps for every kind of investor, from the beginner just looking to dip a toe in the water to seasoned day traders who want to analyze individual stocks on the go. Check out our top picks. Managing your investments on…
But consumer spending, which accounts for about 70% of U.S. economic activity, remained resilient, growing at a 3.7% annual pace, the fastest such rate in nearly two years. Spending on goods, in particular, was solid: It rose at its fastest pace since the second quarter of 2021. Economists had been expecting overall GDP to grow…
Inflation’s finally cooling, and interest rates may be peaking soon. That means now may be the right time to jump back into the market – even with a potential recession on the horizon, some strategists say. Forty-year high inflation and the most aggressive interest rate hikes by the Federal Reserve since the 1980s pummeled people’s…
