Stocks closed higher on Wall Street after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve. The S&P 500 rose 0.7 percent on Monday. The Dow Jones Industrial Average and the Nasdaq also gained ground. Treasury yields moved higher….
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 19)
September 19, 2022
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Benchmark U.S. crude oil for October delivery rose 62 cents to $85.73 a barrel Monday. Brent crude for November delivery rose 65 cents to $92 a barrel. Wholesale gasoline for October delivery rose 4 cents to $2.46 a gallon. October heating oil rose 14 cents to $3.31 a gallon. October natural gas fell 1 cent…
How to Balance Competing Savings Goals
Saving money sounds straightforward—set cash aside for a future purpose—but in reality, people often face competing savings priorities. We want it all: the travel, the house, the flush savings account. So how do we figure out which savings goals to put first, especially when we’re working toward so many things at once? “You’re also still…
Switzerland’s Environment Minister Suggests People Shower Together to Save Energy
Switzerland’s environment minister is facing backlash after recommending that people shower together in an effort to cut energy consumption this winter and fend off power cuts. Simonetta Sommaruga, 62, suggested that people “turn off the computer when you don’t need it, or turn off lights, or shower together” as part of her measures promoting a 15…
Careful! the Kids Are Watching
If you speak English in your home, your kids are not likely to come out speaking Italian. Kids learn through observation and imitation. And they don’t miss a thing. Children are shaped from the very beginning of life by the way their parents live. They are ever-attentive witnesses of grown-up behaviors. They take their cues…
The Open Secret of Costco Shopping: Costco Next
By Bob Niedt From Kiplinger’s Personal Finance Veteran Costco shoppers are familiar with the limited-run vendor roadshows for high-end (but heavily discounted) items like Vitamix or Traeger grills that liven up Costco warehouses, particularly on weekends. But Costco is employing a similar strategy in an out-of-the-way online portal of its website. It’s called Costco Next,…
7 Wealth Generation Strategies for an Inflationary Environment
Inflation is a global issue at the moment, and every country is dealing with the fallout from financial pressure with different levels of success. Individuals concerned with wealth generation are also scrambling to react to the circumstances. One way to stay a step ahead of inflation is by effectively building wealth. This can ameliorate monetary shortcomings…
Millennial Money: Get Kids Set to Invest With These Accounts
During my late teens, my mom handed me two worn, blue passport-size books with details of my custodial investment accounts. I had no clue what to do with them, but it didn’t matter, because the accounts were empty anyway. Perhaps for the best, because I’m almost certain my assets wouldn’t have stood a chance. I…
4 Non-Investment Questions to Ask an Advisor Before Retiring
Using a financial adviser for your investment needs is 100 percent on brand, but what about the other parts of your retirement life? For example, a third of people ages 64 and up have a financial adviser, but only 2 percent of them asked their adviser to help with their Medicare choices, according to a…
Is a Line of Credit Right for Your Business Recession Plan?
September 17, 2022
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More than 90 percent of small-business owners are worried about experiencing an economic recession over the next 12 months, according to a June 2022 Goldman Sachs survey. Because lenders tend to tighten their lending standards during recessions, small-business owners may be looking for ways to secure funds before access to credit is possibly reduced. One…
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