Benchmark U.S. crude oil for February delivery rose 98 cents to $78.39 a barrel Thursday. Brent crude for March delivery rose $1.36 to $84.03 a barrel. Wholesale gasoline for February delivery rose 5 cents to $2.48 a gallon. February heating oil was unchanged at $3.22 a gallon. February natural gas rose 3 cents to $3.70…
Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 12)
January 12, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Taxes Shrink Year-End Bonuses
By Kelley R. Taylor From Kiplinger’s Personal Finance Question: I just got my year-end bonus, and it’s a lot less than I expected because of taxes. Is there any way to avoid taxes on bonuses? Answer: First and foremost, bonuses are taxed because they are considered taxable income. But the IRS also considers bonuses to…
4 Warren Buffett Stocks to Buy and Never Sell
This story originally appeared on StockNews Legendary investor Warren Buffett’s holding company Berkshire Hathaway has outperformed the broader market over the past year. His investment portfolio has been a guide for several long-term investors for decades. Amid a highly uncertain market and economic backdrop, Warren Buffett holdings Procter & Gamble (PG), AbbVie (ABBV), Biogen (BIIB),…
Slash Food Costs and Give Yourself a Raise
Could you use an extra $1,200? That’s exactly what you’ll have in a year if you can find a way to whack just $25 from your food bill each week. But there’s not one single way to reduce food costs. The key is to use a combination of strategies. Eat The Sales Build your grocery…
Australian Consumer Watchdog to Probe Banks’ Deposit Rates Amid Concerns About Unfair Practices
January 11, 2023
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Australiabig four banksBusiness & Marketsdeposit rateseconomic policieseconomyInvestmentJim Chalmerspersonal financeWorld
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Australian Treasurer Jim Chalmers has asked the country’s competition authority to investigate the deposit rates banks are offering savers due to concerns about the delays in rate increases. In an interview with the Australian Financial Review, the treasurer noted that consumers should have received a boost to their saving rates by now. “Banks should treat…
10 Ways You’re Blowing Your Retirement Savings
Everyone wants to retire and spend the rest of their lives in comfort and happiness. However, the harsh reality is that a comfortable retirement might take a lot of time to reach for many people unless they properly and intentionally prepare for it. More often than not, the financial decisions you make today can have…
Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 11)
January 11, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for February delivery rose $2.29 to $77.41 a barrel Wednesday. Brent crude for March delivery rose $2.57 to $82.67 a barrel. Wholesale gasoline for February delivery rose 10 cents to $2.43 a gallon. February heating oil rose 8 cents to $3.22 a gallon. February natural gas rose 3 cents to $3.67…
Millennial Money: 5 Tactics to Pay Buy Now, Pay Later Debt
Chances are that your “buy now, pay later” bill from the holiday season will arrive soon or has already made its debut. If you’re not financially prepared to pay up, late fees or other charges can bury you deeper in debt. Circumstances can change over a matter of weeks through financial setbacks like unemployment, an…
Retirement: Cracking Your Nest Egg
By David Rodeck From Kiplinger’s Personal Finance The 4 percent rule is the best-known retirement withdrawal strategy. William Bengen, a financial adviser, came up with this rule in a famous paper published in 1994. He reviewed how long a portfolio in a tax-deferred account would last on returns ranging from 1926 to 1976. He found…
Be Prepared
I got an email from a woman who had recently filed for widow’s benefits. She was writing to tell me that the process went very smoothly, and her benefits started within weeks of her application. She said one of the reasons things went so well is that she had done her homework and was prepared…
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