Benchmark U.S. crude oil for December delivery fell $1.83 to $88.17 a barrel Thursday. Brent crude for January delivery fell $1.49 to $94.67 a barrel. Wholesale gasoline for December delivery fell 1 cent to $2.69 a gallon. December heating oil rose 19 cents to $3.87 a gallon. December natural gas fell 29 cents to $5.98…
Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 3)
November 3, 2022
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Social Security Rules I Can’t Explain
I really get upset when readers tell me that they talked to a Social Security Administration employee hoping to get an understanding of some confusing Social Security rule and the only reply they got was this: “It’s the law.” In my opinion, that’s a bad answer. People should be given a reason why a particular…
Frugality on the Fun Meter of Life
I was not born with a natural bent toward frugality. Everything in me cries out to spend, acquire, spend, achieve, amass, spend, spend, spend! I am drawn to the extraordinary, the luxurious and the unique. I live with visions of grandeur and opulence. My fondest dreams include tailored clothing, domestic staffs, $600 silk bed sheets,…
US Job Cuts Hit Highest Level in 20 Months as Downturn Fears Grow
Despite a strong jobs market report earlier this week, October saw the largest amount of monthly job cuts since February 2021. Many American companies are expecting an economic downturn heading into the fourth quarter, leading to fears that more cuts are likely to come. The U.S. labor market has remained strong this year, despite scattered…
Tax Laws That Sunset at Year-End 2025: Take Advantage Now
The Tax Cuts and Jobs Act (TCJA) tax law changes will sunset on Dec. 31, 2025. And although this may seem far off, it’s never too soon to plan. You and your accountant may be able to set up mechanisms now to avoid some of the higher taxes that are coming. But what exactly will…
Medicare Beneficiaries Get a Premium Price Break
By Elaine Silvestrini From Kiplinger’s Personal Finance Question: With inflation pushing up the price of just about everything, will Medicare Part B premiums also be rising for 2023? Answer: No. Medicare beneficiaries are getting a rare bit of good news as their Part B premiums and deductibles will tick down next year after the government…
Is Car Leasing Better Than Buying Your Next Car?
When it is time for you to get a new car, you may want to consider whether you should buy or lease it. Both choices have their benefits—and downsides. Knowing the facts can help you make a better decision. Benefits of Buying a Car Buying a car offers several advantages over leasing that might make…
Buy-Now-Pay-Later, Fast Cash Sector Warned by Australian Regulator
Buy now, pay later, and fast cash providers are in the sights of the corporate regulator as households come under pressure from rising interest rates and price inflation. The Australian Securities and Investments Commission is also on the warpath over high-risk cryptocurrency products being flogged to retail investors. “This will not be tolerated, and action…
Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 2)
November 2, 2022
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Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery rose $1.63 to $90 a barrel Wednesday. Brent crude for January delivery rose $1.51 to $96.16 a barrel. Wholesale gasoline for December delivery rose 11 cents to $2.70 a gallon. December heating oil rose 6 cents to $3.68 a gallon. December natural gas rose 56 cents to $6.27…
Is It Worth It to Move to a Low-Income Tax State to Save Money?
Many people in the United States have decided that it would be a good idea to move to a low-income tax state—or to a no-tax state—to save money. While it may sound like a good idea—it’s time to find out—is it worth it? An article from The Washington Post reported that the states that have…
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