Finance News

female hands puts a coin in a pink piggy bank. The concept of saving money or savings, investment

Here’s how to protect your money from a bank collapse

With two historic bank failures in March – and amid continuing news about other struggling banks – consumers are rightly concerned about just how safe it is to keep their money in a bank. Here’s how to protect your cash. What’s happening with banks? In the wake of the second-

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Bed Bath & Beyond store

100s of Bed Bath & Beyond Stores to close forever

Every month since the start of the year, Bed Bath & Beyond has been announcing more and more store closings. Now the company has announced it’s shuttering 400 stores in an attempt to stave off bankruptcy. Bed Bath & Beyond Stores to close 400 stores forever In January, Bed Bath

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Slanted grouping of self application syringe pens on seamless yellow background. Studio medical equipment still life concept with auto-injector disposable devices.

Insulin prices dropping 70%

In a monumental move, drugmaker Eli Lilly announced it will reduce its insulin prices by 70%, capping the cost for customers at $35 a month, and while it will bring relief for millions, it comes too late for some. Lilly caps insulin cost at $35 a month, a 70% reduction

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Concept of American financial crisis

Dire warning: US will default on debts by summer

America hit its debt limit on January 18, 2023, and the inability of the government to cover its financial obligations could be reached by summer if Congress doesn’t address the debt ceiling. What happens if the US defaults? US projected to default on its debts by summer The United States

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phone showing Instagram

Facebook, Instagram to start charging for verified accounts

Following on the heels of Elon Musk charging for verified-account status on Twitter, Meta is following suit by launching a paid verification status for Facebook and Instagram called Meta Verified at around $12 a month. Facebook and Instagram to charge for verified accounts Elon Musk took a lot of flak

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hand holding an iPhone

Your old iPhone could be worth thousands

Your old iPhone and iPod could be worth a significant amount of money. A first-generation 2007 iPhone recently sold for more than $63,000 in an online auction, while an original 2001 iPod classic is worth $49,000. Original iPhones routinely selling for $25,000 Old iPhones are suddenly in demand by collectors,

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young couple who just bought a home

This trend could make home-buying possible for everyone

As real estate prices continue to skyrocket into the stratosphere of unaffordability, a solution for making home buying possible has emerged, especially for millennials: co-buying. Is it right for you? The pros and cons. Emerging solution to homeownership: Co-buying The sky-high prices of homes have put them out of reach

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Portland, OR, USA - Dec 3, 2021: The 401(K) Plans page on the IRS website is seen on an iPhone. 401(k) plans are employer-sponsored defined-contribution pension accounts.

Boost your retirement savings thanks to new tax law

A new tax law passed in late December, Secure 2.0, will create seven new retirement rules that bring big changes to 401(k) and IRA retirement savers and help them put more money away for their futures beginning in 2023. New Secure Act 2.0 will make saving for retirement easier Congress

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LOS ANGELES - MAR 2: Elon Musk at the 2014 Vanity Fair Oscar Party at the Sunset Boulevard on March 2, 2014 in West Hollywood, CA

How Elon Musk Lost More Money Than Anyone Else in History

Elon Musk has long been considered to be a business genius. His companies, which include SpaceX and Tesla, have enjoyed considerable interest from investors and have been the subject of many fawning write-ups from financial analysts. However, after Musk purchased Twitter in late 2022, things took a turn. By taking

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