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Finance
Avoiding the 30-year mortgage loan trap can save you hundreds of thousands of dollars
In this difficult housing market — with high mortgage loan rates and a dearth of home sellers because so many are locked in with much lower interest rates — the spread between the…
Young and rich Americans are fleeing New York and California for Florida and Texas. What’s going on?
Rich, young people are leaving California and New York for the Sun Belt. The young and the rich — considered to be filers aged 26 to 35 and earning $200,000…
Student-loan interest is resuming. Here’s why the government charges it.
For more than a decade, Robert Layton has been making payments on the roughly $128,000 he borrowed to pay for college and graduate school. In that time, he estimates, he’s paid…
Fund manager who outperformed the S&P 500 since 1989: These are my best and worst stock picks
Joel Tillinghast has picked his share of winning stocks.The legendary mutual fund manager has run Fidelity Low-Priced Stock since its launch in December 1989. Since then, the fund…
‘The next frontier’ in growing diversity backlash: programs to help Black businesses and entrepreneurs
For almost 20 years, National Black Business Month in August has served as a way to celebrate and put a spotlight on Black-owned businesses. That increased attention has led to…
83,000 highchairs recalled over injury risk after 24 kids fell from faulty seats
About 83,000 highchairs sold in the U.S. are being recalled due to faulty construction that has led to falls and injuries, the U.S. Consumer Product Safety…
White House calls Marjorie Taylor Greene talk of Biden impeachment a ‘partisan stunt’
U.S. Representative Marjorie Taylor Greene, R-Ga., speaks to the media near the entrance of the Fulton County Jail, as former U.S. President Donald Trump is expected to turn…
My husband and I have $6 million in retirement and zero debt. What do you recommend for the couple who has everything?
We are 64 and 66, married 40-plus years and live in Maryland. We are healthy, blessed, and have no debt. We worked hard to maximize our retirement savings, and we now have $3…
U.S. construction spending rose in June, marking seventh straight monthly increase
Construction spending rose in July, as companies and the government increased projects across the U.S. Spending on construction projects rose 0.7% in June to…
Op-ed: Why the world needs more oil, not less
Haitham al-Ghais, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), speaking at the Energy Asia Summit on June 26, 2023.Bloomberg | Bloomberg | Getty…