Benchmark U.S. crude oil for November delivery rose $4.19 to $92.64 a barrel Friday. Brent crude for December delivery rose $3.50 to $97.92 a barrel. Wholesale gasoline for November delivery rose 5 cents to $2.73 a gallon. November heating oil rose 16 cents to $4.02 a gallon. November natural gas fell 22 cents to $6.75…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 7)
October 7, 2022
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How Major US Stock Indexes Fared Friday Oct. 7 , 2022
October 7, 2022
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Wall Street lost more ground on worries that a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 fell 2.8 percent Friday after the government said employers hired more workers last month than expected. The Dow Jones Industrial Average and the Nasdaq also fell sharply, and Treasury yields rose. Markets…
What Is Money Maturity and How Does It Impact Your Finances
October 7, 2022
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What is Money Maturity? This process of becoming more financially responsible is called money maturity. Money maturity is a gradual process that happens over time. It is often associated with age but can also be influenced by factors such as life experiences and education. Nevertheless, money maturity typically leads to better financial decision-making and habits….
Spending: Meal Kits to Your Culinary Rescue
October 7, 2022
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By Patricia Mertz Esswein From Kiplinger’s Personal Finance No more figuring out what to do with a giant bunch of parsley or a tub of sour cream before it spoils. A meal kit—a box of chef-created recipes and pre-measured ingredients delivered to your home—will help reduce food waste and spice up your cooking, with a…
Inflation Is Eroding American Workers’ Wages: Federal Reserve
October 7, 2022
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Most workers in the United States have seen their wages fall behind inflation in the past year, according to a recent report by the Federal Reserve Bank of Dallas. The Fed calculates that 53.4 percent of the American workforce saw their real wages decline between the second quarter of 2021 and second quarter of 2022,…
Seniors Don’t Want to Retire Anymore. Here’s Why and How to Help.
Retirement can be a dream for one and a nightmare for another. People treat retirement differently, depending on their requirements and circumstances. While some feel retirement is the time to pack up bags and travel or commit to hobbies they have long paused for, others feel retirement is not the right option. There may be…
How Major US Stock Indexes Fared Thursday Oct. 6, 2022
Stocks closed lower again on Wall Street but still managed to hold on to sizable gains for the week. The S&P 500 fell 1 percent Thursday. The Dow Jones Industrial Average lost a bit more than 1 percent and the Nasdaq gave back 0.7 percent. Bond yields moved higher. Investors were reviewing the latest data…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 6)
October 6, 2022
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Benchmark U.S. crude oil for November delivery rose 69 cents to $88.45 a barrel Thursday. Brent crude for December delivery rose $1.05 to $94.42 a barrel. Wholesale gasoline for November delivery rose 1 cent to $2.68 a gallon. November heating oil rose 17 cents to $3.86 a gallon. November natural gas rose 4 cents to…
Advice for Filing a Tax Return After a Death
By Joy Taylor and Lisa Gerstner From Kiplinger’s Personal Finance Question: I’m having to file a tax return for someone who recently died. Any tips? Answer: The returns should be signed by the executor or other representative and, if the decedent was married, the surviving spouse. If filing a paper return, write the word “deceased”…
Eight Tax-Planning Tips for the End of the Year
October 6, 2022
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Tax time will soon be here. The good news is that there still is time to reduce your taxes this year. Making changes now can help you get more tax deductions on your upcoming 1040 taxes. Getting the biggest IRS refund means you need to have a lot of receipts for any tax deductions you…
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