A wallaby licks its burnt paws after escaping a bushfire on the Liberation Trail near the township of Nana Glen on the Mid North Coast of NSW, November 12, 2019. Wolter Peeters | Fairfax Media | Getty Images Nearly half a billion animals in Australia’s New South Wales state have been killed by raging wildfires
Traders work on the floor of the NYSE. Brendan McDermid | Reuters Safe-haven assets rallied in unison on Friday after the U.S. killing of a top Iranian general in Iraq sparked a broad flight to safety move on fears of a broader conflict that disrupts energy production and drags down the global economy. Gold rose
It’s never too early to start teaching your kids about money. In fact, you can begin as young as 5 years old. While you don’t necessarily have to talk about math, you should have conversations and explain some of the basics. “It’s much easier to create a habit when you are younger and maintain a
Investors are pondering if the escalated U.S.-Iran tensions that are spiking oil prices could serve as the catalyst needed to turn around the most hated sector for the past 10 years. The S&P 500 energy sector was the worst performer of the last decade, up just a measly 5% versus the S&P 500’s 180% climb
Ponte de Lima, Portugal THEGIFT777 | iStock Unreleased | Getty Images Didn’t save enough for retirement? One solution: Spend your golden years in a country where life is less expensive than it is in the U.S. More Americans are doing just that. The number of retirees who are collecting Social Security abroad rose 40%, to
Getty Thinking of retiring abroad in 2020? Have you seen these headlines in recent months? “Death Toll in Chile Protests Since October Rises to 27,” “Nicaragua Has a Simple Message for Protesters: Don’t,” “Thousands Flee to Shore as Australia Fires Turn Skies Blood Red,” “Hong Kong Protesters Return to Streets as New Year Begins,” “Strike
The world’s second-richest person saw his own net worth double over the past decade. Mike Cohen/Getty Images for The New York Times Topline: Microsoft co-founder Bill Gates, the world’s second-richest person, has yet again weighed in on the wealth tax debate, this time arguing that he and his fellow billionaires should in fact pay higher
Humble, affordable homes will be at a premium as first-time homebuyers compete with downsizing baby … [+] boomers. Universal Images Group via Getty Images We have become disenchanted with “do-it-yourself” and discount brokerages, we don’t want fixer-uppers and we really don’t want very large houses that are in less than ultra prime condition. These are
CNBC’s Jim Cramer breaks down a menu of complex terms that are used in trading stocks. The “Mad Money” host explains how investors must consider the business cycle when finding the opportune time to buy or sell an equity. He explains to viewers how simple math can help determine when a stock is undervalued or
The logo for Google Pay displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Big Tech may want to get into banking this year, but it doesn’t want to be your bank. Google plans to introduce consumer bank accounts later this year in collaboration with Citibank and a California-based credit union. The
For the past 10 years, on every long-haul flight over 12 hours, Singapore-based frequent flyer Brian Rogove has taken melatonin to combat jet lag. “I think it’s safe. It works about 75% of the time, and I don’t have any odd side effects,” he says. Melatonin — a hormone produced by the pineal gland in
Vanguard signage at a Morningstar Investment Conference. M. Spencer Green | AP Low-cost investing pioneer Vanguard has finally followed other peer brokerage firms in eliminating stock commissions entirely. Charles Schwab was the first major broker to give investors zero-commission online trades, pressuring rivals to follow suit. Schwab announced on Oct. 1 that commissions would go
Traffic is at a near standstill heading into New York City via the Holland Tunnel from New Jersey. Andria Patino | Corbis Documentary | Getty Images Blame it on brutal winters, high taxes or the New Jersey Turnpike: The Garden State is the last place where people want to be. More two-thirds of all New
Getty It’s a new decade and that means new beginnings. For many, that means New Year’s resolutions regarding their personal finances. While resolutions might differ from person to person, they all address the same issue – the need for financial stability and prosperity. Yet for many in their forties, the search for financial stability can be elusive. In
Share to facebook Share to twitter Share to linkedin Illinois is the eleventh state (plus D.C.) to legalize cannabis in the U.S. Maskur Has/Getty Images Topline: Illinois said $3.2 million worth of legal marijuana was sold on Tuesday, the first day the drug could legally be purchased for recreational use in the state, as a
photo: Getty The prospect of a contentious presidential race looms as the calendar flips to 2020. What’s more, the uncertainty of an election year often leads to a dip in the economy. Although most people I’ve spoken with feel good about the current dynamics of the financial system, there are already concerns about what lies
SUVs at a Chevrolet dealership in Oshawa, ON. Rene Johnston | Toronto Star | Getty Images DETROIT – Americans are expected to have bought fewer new vehicles last year than in recent years but spent a record amount on those new cars and trucks. Research and forecast firms Cox Automotive, Edmunds and J.D. Power/LMC Automotive
A new report suggests the record stock market highs are on borrowed time. According to Moody’s Analytics chief economist Mark Zandi’s 2020 outlook, the backdrop is showing signs of cracks. Zandi gave CNBC an exclusive first look at his economic forecast ahead of its official release. “All of the pillars of the stock market look
The father of passive investing told CNBC on Thursday that the shift toward index funds has vindicated his ideas and that there is still too much active management. Burton Malkiel is an emeritus professor of economics at Princeton University and author of the famous investing book, “A Random Walk Down Wall Street.” He said on
Daniel Grizelj The stock market surged in 2019, closing out the end of the decade by posting its best annual gain in six years. But investors hypnotized by the prospect of big profits should temper any knee-jerk reaction to load up on stocks as the new year gets under way. Charlie Fitzgerald, a financial advisor