Key Takeaways The middle class is shrinking, and the upper class is growing. If your income exceeds $161,000, you’re considered a part of the upper class. Your social circle, media consumption, and where you live can shape perceptions of wealth. These influences can lead to poor financial decisions that harm rather than help. It’s essential […]
Do You Live Among the Rich? Here’s How to Tell Read More »
Australia’s central bank holds rates steady, cautious about inflation
Australia’s central bank holds rates steady, cautious about inflation Read More »
Key Takeaways Over the past 50 years, cities with expanding economies saw the fastest home value gains as people and jobs flocked in. High-paying jobs coupled with hurdles that limit homebuilding caused house prices to surge in California, Seattle, Boston, New York, and Denver. In Cleveland and Memphis, home values barely grew in 50 years.
It was a choppy start to November as market participants looked ahead to a busy week of earnings reports and little sign that the government shutdown will end anytime soon. However, two of the three main indexes closed higher as Amazon.com (AMZN) kept climbing. At the close, the S&P 500 was up 0.2% at 6,851
Amazon Surge Sends S&P 500, Nasdaq Higher to Start November: Stock Market Today Read More »
Key Takeaways AI is generative software that “learns” patterns from data to make predictions or decisions. Quantum computing is a new kind of hardware that uses quantum bits (qubits) to process many possibilities simultaneously, potentially solving problems too complex for today’s computers. AI and quantum may converge in the future: quantum could supercharge certain AI
Why People Confuse AI with Quantum Computing and Why You Should Care Read More »
Key Takeaways Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI. The agreement allows OpenAI to use Amazon’s bank of hundreds of thousands of Nvidia chips. Amazon shares rose to a record high Monday after the tech giant said it struck
Amazon’s Stock Climbs to Fresh High on $38B Cloud Computing Deal With OpenAI Read More »
Home Depot (HD) stock has been a terrific buy-and-hold bet for truly long-term shareholders. Thanks to a history of innovation and adaptation, the nation’s largest home improvement retailer has managed to stay on top through both economic ups and downs and technological disruptions. Back in the day, hardware stores, be they mom-and-pop shops or regional
If You’d Put $1,000 Into Home Depot Stock 20 Years Ago, Here’s What You’d Have Today Read More »
Open enrollment is an important time for employees to review and select benefits and those decisions can have a lasting impact on your financial future. According to the U.S. Bureau of Labor Statistics, the average employee benefits package accounts for 29.7% of total compensation for private industry workers and 38.4% of total compensation for state
Steps to Get You Through the Open Enrollment Jungle at Work Read More »
Key Takeaways Major U.S. equities indexes climbed Friday afternoon, helped by a rally in shares of Amazon after the tech giant posted better-than-expected earnings. Shares of Reddit also jumped after the social media platform reported quarterly results that topped analysts’ estimates. Newell Brands shares plunged after the Rubbermaid parent cut its full-year outlook, in part
Amazon, Reddit, Newell Brands, and More Read More »
Brazil kicks off COP30 climate events in year of distractions
Brazil kicks off COP30 climate events in year of distractions Read More »