Drivers fill up at a Shell gas station in Alhambra, California, on Oct. 2, 2023. Frederic J. Brown | Afp | Getty Images Oil prices jumped more than 3% after members of the militant group Hamas launched a surprise attack on Israel from the Gaza Strip last weekend. However, neither Gaza nor Israel produce much
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Justin Sullivan | Getty The Powerball jackpot has climbed to an estimated $1.55 billion after no one matched the winning numbers Saturday night — and there were some dramatic swings in the cash prize leading up to that drawing. The winner has two payout options: a lump sum worth $679.8 million or an annuity valued
Maskot | Maskot | Getty Images A new proposal by the U.S. Department of the Treasury would make it easier for consumers to get a tax credit when buying a new or used electric vehicle, according to tax and energy experts. Its proposed rules, issued Friday, would let car dealers offer the EV tax break
Spencer Platt | Getty Images The new war between Israel and Palestinian militant group Hamas has brought more uncertainty to the markets. While stocks shook off the conflict in Monday afternoon trading, financial experts say investors should stay the course amid elevated volatility risks. “Stay calm, think long term and look for some bargains,” said
Marjorie Bloom was the victim of a “tech support” scam. She lost $661,000 in the fraud. Marjorie Bloom In the spring of 2021, Marjorie Bloom waited for a phone call that would never come. Over the course of the previous month, the retiree had wired hundreds of thousands of dollars into cryptocurrency per the suggestion
Astra Taylor Courtesy: Astra Taylor Early on in Astra Taylor’s new book, “The Age of Insecurity: Coming Together as Things Fall Apart,” she tells a story set in the Brooklyn café where her sister worked until recently. On a quiet day, one of the baristas was talking with a regular customer, a specialist in medieval history,
In this article TGT AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon‘s Prime Big Deal Days, kicks off Oct. 10, but competitor sales are already underway. This year, other big-name retailers are getting a head start by launching their own holiday sales earlier than ever, according to Katie Roberts, consumer analyst with DealNews.com. Consider it “the
The U.S. Department of Labor building in Washington, D.C. The Washington Post | The Washington Post | Getty Images The U.S. Department of Labor is poised to issue a rule in coming weeks that’s likely to raise protections for investors who roll money from a 401(k) plan into an individual retirement account, according to attorneys
David Paul Morris | Bloomberg | Getty Images The end of the year doesn’t just bring autumn leaves and jack-o’-lanterns, then mistletoe and the chance of snow — it can also bring on financial distress. Nearly half of all consumers say their financial standing fluctuates seasonally, and December is the most cited month for experiencing
Wand_prapan | Istock | Getty Images The trust funds that Social Security relies on to pay benefits are “rapidly heading to zero,” according to the Center for Retirement Research at Boston College. Those funds, which are typically invested in Treasury securities, are projected to run out in 2034, at which point just 80% of benefits