Business

Navigating financial challenges can be perplexing. This article addresses questions sent by readers and provides expert advice on topics such as investing in retirement, improving financial literacy, maximizing retirement savings, balancing debt repayment and savings, and understanding credit scores.

Published on: January 27, 2025, 03:03 PM UTC

The trading card market has exploded in popularity, with investors adding them to their portfolios. Learn how companies like PSA authenticate and grade cards, making them more liquid assets. Explore the role of services like eBay in facilitating the buying and selling of cards and how investors can time the market with options like PSA's vault.

Published on: January 27, 2025, 03:03 PM UTC

High-yield savings accounts are offering competitive returns, but the question arises: is it beneficial to spread savings across multiple accounts for compounding? Experts suggest quality over quantity, emphasizing the value of a single high-yield account for most individuals. While creating goal-themed buckets within the same account can be a practical solution, it's crucial to select an account with no penalties on transactions and one that maximizes earnings. Generally, maintaining more than one account is only advisable for exceptional circumstances such as exceeding FDIC coverage or having specific financial goals.

Published on: January 27, 2025, 03:00 PM UTC

Navigating personal finances can be challenging. This article provides expert answers to common questions on investing, financial literacy, and debt management. It offers guidance on retirement planning, saving, choosing investments, improving credit scores, and balancing saving and debt repayment.

Published on: January 27, 2025, 02:03 PM UTC

Casual dining chains are competing to become the go-to for special occasions as consumers return to pre-COVID habits. Chili's, Olive Garden, and Texas Roadhouse are among the top players trying to gain market share in a fragmented industry. Despite challenges such as inflation and the rise of fast-casual players, brands that use scale, marketing, and technology to boost their "competitive advantage" have "big market share opportunities."

Published on: January 27, 2025, 02:02 PM UTC

Despite economic headwinds, the stock market remains resilient, driven by positive earnings expectations and a cooling economy that supports strong consumer and business activity. While risks exist, analysts believe the U.S. stock market could outperform the economy thanks to positive operating leverage.

Published on: January 27, 2025, 02:02 PM UTC

The 11 best savings accounts with the highest interest rates for 2025. Whether you're saving for a home, holiday, or emergency fund, find the account that will make your money work harder for you.

Published on: January 27, 2025, 01:06 PM UTC

Starbucks to Report Fourth Straight Sales Decline Amid Restructuring Efforts

Published on: January 27, 2025, 01:05 PM UTC

Costco successfully defended its diversity efforts against a shareholder challenge, with 98% of investors siding with the company. Despite increasing scrutiny of corporate diversity goals, some prominent companies like Apple and Goldman Sachs continue to prioritize DEI initiatives.

Published on: January 27, 2025, 01:03 PM UTC

Managing your finances can be challenging, especially with decisions about savings, investments, and debt repayment. This article provides expert advice for navigating these issues. For retirees, it recommends a conservative investment mix with at least five years of living expenses in cash and bonds. For those looking to improve their financial literacy, recommended books and online courses are suggested. The article also addresses IRA contributions and tax implications for retirees, emphasizing the benefits of Roth IRAs. Finally, it advises prioritizing debt reduction over saving for a car purchase to improve credit scores and secure better loan terms.

Published on: January 27, 2025, 01:03 PM UTC