Can you afford to retire if you have $1 million in savings? As with many questions, the answer is “It depends.” Your values, circumstances, and smart planning can make or break a financially successful retirement. Let’s look at the details. Is $1 Million A Lot Of Money In Retirement? If you compare yourself to all
Little Red Hen, a family-owned cafe in Altadena, was destroyed in last month’s deadly fires. Courtesy: Shay family When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe she owned. Gone were the ingredients for menu items like grits or pancakes. Gone were
In this article SOXL .VIX Follow your favorite stocksCREATE FREE ACCOUNT Market volatility appears to be boosting demand for two types of exchange-traded funds: leveraged and inverse. And, Direxion CEO and ETF money manager Douglas Yones thinks market conditions will keep fueling demand for them. “We have a lot of securities in the market that
Jaque Silva/ | Nurphoto | Getty Images With the price of bitcoin down from a record high in January, there’s a chance for some investors to score a tax break, experts say. Following a post-election rally, the flagship digital currency touched $109,000 on inauguration day before falling in February. As of midday Friday, the price
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT The main cabin of a American Airlines Boeing 777-300ER jet. Mary Altaffer | AP American Airlines is planning to test complimentary inflight Wi-Fi starting next week as pressure mounts on carriers to offer the service free of charge. The tests will be available on three
Nvidia on Wednesday evening delivered a better-than-expected fiscal 2025 fourth quarter driven by a $2 billion revenue beat on data center sales. Forward guidance also exceeded estimates. Despite the enormous anticipation of the results, shares dropped 1.5% in after-hours trading. But given the volatile nature of the stock, a bigger move — in either direction
Economic policy uncertainty has surged since Donald Trump’s election. This can be bad, not just for the stock market, but also for business investments and for consumer spending, if the past is any indication. At this point, it is unclear whether tariffs will happen, whether the federal government will stay open after March 14, whether
Elon Musk holds up a chainsaw onstage during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., February 20, 2025. Nathan Howard | Reuters The Consumer Financial Protection Bureau‘s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees. In a trove of
A worker stocks eggs at a grocery store in Washington, D.C., on Feb. 12, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Whether it’s a dozen eggs or a new car, Americans are having a hard time adjusting to current prices. Nearly all Americans report experiencing some form of “sticker shock,” regardless of
Melkinimages | E+ | Getty Images The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the Easter holiday. The makers of Easter egg dye kits are bracing for the potential fallout if the egg shortage doesn’t begin to clear up before the April