The growing share of electric vehicles and the expected increase in EV sales this year amid soaring gasoline prices are reducing the revenues for the U.S. Highway Trust Fund, which pays for America’s roads. Most of the revenue for the…
Technology stocks and funds have skyrocketed in recent years as investors rushed to get in on the next big revolution: artificial intelligence (AI). Like the internet or the printing press, AI may enter history books as one of the biggest…
Washington state made history earlier this week when Gov. Bob Ferguson signed Senate Bill 6346, the Millionaires’ Tax, into law. The bill taxes individual income exceeding $1 million a year. Less than half of one percent of Washingtonians will pay…
The Rich Dad Poor Dad author, who has spent nearly three decades warning Americans about the fragility of the financial system, gave some more ‘bad news’ this week. Two seismic policy shifts from 1974 that, according to Kiyosaki, planted the…
Streaming has been taking market share from traditional cable television for years now, a trend that’s made Netflix (NASDAQ: NFLX) one of the world’s largest media companies. Live sports are one of the last bastions of traditional television. But that,…
The markets have experienced a lot of volatility over the past month due primarily to the war in Iran. At one point in late March, the S&P 500 (SNPINDEX: ^GSPC) closed about 9% below its all-time high. That doesn’t yet…
A lot of people build their portfolios without a real structure or strategy in mind. They often buy what feels right in the moment, usually because it’s performing pretty well. What that usually creates is a collection of stocks and…
The conflict in the Middle East has led to an unexpected target: American tech giants. Iran’s Revolutionary Guard Corps (IRGC) said it plans to target the operations of U.S. technology companies within the Middle East, and it named most of…
If you’re looking to reduce your taxes in retirement, you might want to consider moving abroad. For example, Panama and Costa Rica don’t tax foreign earnings, while Greece offers a 7% flat income tax rate on all foreign-sourced income. But…
Teresa Santos tried for a year to get her money back after her Airbnb account was hacked and a $2,407.88 charge was made to her PayPal account. While the hosts of the property were understanding and approved the full refund,…
Quick Read CVS Health leads this Magic Formula ranking for retirees; Valero’s forward P/E of 9 tempts but crack spread-driven earnings make income unreliable. Qualcomm’s 38% automotive revenue growth and 36% return on equity impress, but its 1.6 beta and…
Though, really, even Alcaraz’s chief rivals know not only that it’s a better show when they’re all playing, but that their titles mean more too if he’s there to make reaching the final—or winning it all—more difficult. “I think what’s…
Fitness expert and former Olympian Les Mills has died at the age of 91, his family has said. The New Zealander first opened a gym in Auckland with his late wife Colleen in 1968, and it later became a nationwide…
