Benchmark U.S. crude oil for November delivery fell $2.03 to $76.71 a barrel Monday. Brent crude for November delivery fell $2.09 to $84.06 a barrel. Wholesale gasoline for October delivery was unchanged at $2.38 a gallon. October heating oil fell 11 cents to $3.13 a gallon. October natural gas rose 7 cents to $6.90 per…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 26)
September 26, 2022
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How to Invest for a Recession
By James K. Glassman From Kiplinger’s Personal Finance If you have a reasonably diversified stock portfolio, it likely lost roughly 20 percent of its value during the first six months of the year. Those losses anticipate a recession—or at least a very rough patch for businesses. There is little shelter in the stock market from…
How to Manage Debt in Retirement
If not carefully managed, debt can shackle a retiree, but if carefully managed, debt can also be a powerful financial tool. You can make it work in your favor throughout retirement. However, if you want to make the most of debt advantages, and minimize debt advantages, you need to understand exactly how debt works, and…
Ways to Make Money on Amazon
September 26, 2022
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Perhaps you have been thinking about earning some extra income, or maybe turning a hobby into a full-time gig; whatever you want, Amazon could be the route to take. In 2021, Amazon’s sales revenue was almost $470 billion. And you can be part of that. Amazon has programs that let anyone make money. From handmade…
Investor Pessimism Jumps to Levels Not Seen in Nearly 13 Years
September 26, 2022
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Investors are becoming increasingly bearish on stocks as persistently high inflation has compelled the Federal Reserve to hike rates aggressively, with Bank of America analysts and the American Association of Individual Investors (AAII) both saying that investor pessimism has hit levels not seen since around the time of the financial crisis of 2008–09. The latest…
Americans Have Lost $4,200 in Annual Income Under Biden Administration: Report
Americans have lost over $4,000 in annual income since President Joe Biden took office owing to soaring inflation and higher interest rates, according to data compiled by The Heritage Foundation and released on Sept. 22. In total, Americans have lost the equivalent of $4,200 in annual income under the Biden administration, according to the Washington, D.C.-based think tank. The…
Airbnb Hosts Are Sick of Airbnb, Too
Disgruntled Airbnb guests are taking to Twitter to vent about everything from cleaning fees to misleading listings. But they aren’t the only ones with complaints: Airbnb hosts themselves have become increasingly disillusioned with the platform and its disrespectful guests. On message boards and Facebook groups, hosts are sharing their own challenges and horror stories. One…
Medicaid Help for Those Who Need Long-Term Care
By Elliot Raphaelson The Center for Retirement Research at Boston College (CRR) regularly reports on the needs of older Americans, including healthcare and long-term care. In this column, I’ll discuss some findings of a CRR research brief titled, “Who will have unmet long-term care needs and how does Medicaid help?” The brief states that 25…
Furnish Your New Place on a Budget
Moving season is almost over. But if you’re one of the many people settling into a new home right now, you might feel like the furniture-buying season is just getting started. And that can get expensive. After paying rent, a security deposit or mortgage down payment—plus all the costs associated with moving—furniture can come as…
What is Considered a Financial Emergency?
Years ago, while driving home from college, my car broke down at a toll booth. I naturally panicked. Not so much from the embarrassment—but the dread of how much this was going to cost me to tow and repair. Most of us don’t like to spend money on such matters. It’s even worse, though, when…
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