- June 15, 2024
I have $68,000 in credit-card debt and $50,000 in a 401(k). How can I dig myself out of this trap on a $55,000 salary?
“Can I live off my paycheck if I have no credit-card payments to worry about?” (Photo subject is a model.) – Getty Images Dear Quentin,
Fed ‘dot plot’ suggests central bank will cut interest rates one time in 2024, down from 3 cuts in March
The Federal Reserve signaled Wednesday it would lower interest rates just one time this year, down from the three cuts the central bank anticipated in
Making Money in the Stock Market Can Be Easy, Even if You’re Not Great at Picking Stocks
Investing in the stock market is a tried-and-true way to build wealth over time. Many times, however, investors are left disillusioned because their returns are
US prepares for antitrust clash with AI heavyweights Nvidia, OpenAI, Microsoft
The biggest antitrust regulators in the US are stepping up their scrutiny of the nation’s most powerful developers of artificial intelligence. The Justice Department and
What Percentage Of People Retire With A $1 Million Nest Egg? It’s Far Less Than You’d Expect
What Percentage Of People Retire With A $1 Million Nest Egg? It’s Far Less Than You’d Expect For decades, the $1 million retirement savings goal
‘Tech Versus Everything Else’ Has Stocks Churning: Markets Wrap
(Bloomberg) — A renewed bout of volatility gripped stocks in the final stretch of May as the world’s largest technology firms got hit, underperforming the
‘What Would Make Me Reinvest in Nvidia?’
Nvidia ARK Invest CEO Cathie Wood said it would take a “significant price correction” for her to reinvest in Nvidia having sold out last January,
Musk Says Tesla Will Unveil Long-Promised Robotaxi on Aug. 8
(Bloomberg) — Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from cheap
Tesla’s Sales Miss by the Most Ever in Brutal Blow for EVs
(Bloomberg) — Tesla Inc. had Wall Street analysts second-guessing their models as the first quarter came to a close. One after another reduced their estimate
The stock market is sending retirement account balances soaring. Here’s why experts say retirees still need to tread carefully.
Westend61/Getty Images Stellar stock-market returns have boosted Americans’ retirement account balances. The number of 401(k) millionaires is up and average account balances are the highest