Personal Finance

Why People Confuse AI with Quantum Computing and Why You Should Care

Personal Finance /
Why People Confuse AI with Quantum Computing and Why You Should Care

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 »

Amazon’s Stock Climbs to Fresh High on $38B Cloud Computing Deal With OpenAI

Personal Finance /
Amazon's Stock Climbs to Fresh High on $38B Cloud Computing Deal With OpenAI

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 »

If You’d Put $1,000 Into Home Depot Stock 20 Years Ago, Here’s What You’d Have Today

Personal Finance /
The outside of a Home Depot store in Washington DC

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 »

Steps to Get You Through the Open Enrollment Jungle at Work

Personal Finance /
Steps to Get You Through the Open Enrollment Jungle at Work

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 »

Amazon, Reddit, Newell Brands, and More

Personal Finance /
Amazon, Reddit, Newell Brands, and 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 »

The Surprising Share of Americans Investing in Designer Bags for Retirement

Personal Finance /
The Surprising Share of Americans Investing in Designer Bags for Retirement

Key Takeaways About 10% of Americans say luxury handbags could fund their retirement, according to TIAA’s new survey. Some designer bags, like Hermès Birkins, have significantly climbed in value—but that’s the exception, not the rule. Experts say handbags can have resale potential, but they’re not a reliable plan for retirement income. About 10% of Americans

The Surprising Share of Americans Investing in Designer Bags for Retirement Read More »

The 10 Best Lake Towns Where Retirees Live the Good Life

Personal Finance /
The 10 Best Lake Towns Where Retirees Live the Good Life

Key Takeaways Affordable lakefront homes can be found from Arkansas to New Hampshire that deliver waterfront access without coastal price tags. Tennessee and the Carolinas offer many affordable lakefront retirement areas and have low taxes. Many lake communities are within an hour of airports and major medical centers, offering a balance of tranquil living and

The 10 Best Lake Towns Where Retirees Live the Good Life Read More »