The Financial Planning Recommendation Every Person Needs
There aren’t many absolutes in financial planning. There are, however, many—MANY—opinions. Advisors, personal finance gurus, and online opine-ers regularly die on the hills of passive…
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Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Biden rolls out $4.5B more in student loan handouts for over 60,000 public workers
The Biden-Harris administration on Thursday announced another round of student loan handouts, removing $4.5 billion in debt for more than…
Did The Medicare Prescription Payment Plan’s Fix Make It Worse?
The Medicare Prescription Payment Plan (MPPP, M3P or MP3) will take effect January 1, 2025. It will allow those who…
Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public…
Intel is a security risk for China, says influential industry group
Intel products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on Wednesday, alleging the US chipmaker…
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7 Common Retirement Spending Mistakes To Avoid
Many pre-retirees and retirees make serious mistakes regarding their retirement income and spending for living expenses. This is very understandable, since building sources of lifetime…
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Insulin Coverage: What Medicare Beneficiaries Need To Know For 2025
Since January 1, 2023, there has been a cap on insulin for Medicare beneficiaries. The…
Impacts Of Hurricanes And Floods Compound For The Most Vulnerable
This year’s hurricane season brought a stark reminder that nobody is safe from the traumatic…
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Retirement Does Not Have To Be Spook Or Scary
With October in full swing many people are grabbing their favorite pumpkin-spiced drink and re-watching…
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a…
A Retired Sailors Documentary Helped Change Young Filmmakers’ Lives
By Vanessa Infanzon, Next Avenue In 2001, a YMCA in Brooklyn hired a husband-and-wife team…
Harris Would Create A New Medicare Benefit For Long-Term Care
Democratic presidential candidate Kamala Harris has backed an earth-shattering idea: For the first time, traditional…
Housing markets that could see the biggest impact from falling mortgage rates
Washington D.C., Denver and Raleigh, North Carolina, are the real estate markets that are projected…
How To Find Out If You Have Missing Money
By Kerri Fivecoat-Campbell, Next Avenue A friend with whom I had previously worked with instant-messaged…
In This Issues
Hyper-local vs. hyper-focused: Two China ETFs go on different paths
Two exchange-traded funds are looking for profits in China with two different strategies.While the Rayliant Quantamental China Equity ETF dives…
Billionaire founder of Raising Cane’s Chicken Fingers: One ‘stupid’ strategy nearly cost me my business
Todd Graves' high-risk funding strategy for Raising Cane's Chicken Fingers was a bold gamble that almost cost him his dream.Today,…
New Croc clogs mean matching togs for your dogs
From cowboy boots to fried chicken-scented charms, foam footwear maker Crocs has a reputation for quirk. This month, Crocs is…
Student Loans Fail To Help Too Many Older Borrowers
By Chris Farrell, Next Avenue Mention college and the conversation swiftly turns to student loans — with good reason. The…
Mortgage rates surge higher, further hurting demand
Mortgage rates jumped markedly this week, sending demand down for a second straight week. Freddie Mac's latest Primary Mortgage Market…
Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing will cut 10% of its workforce, or about 17,000 people, as the company's losses mount and a machinist strike…
Jim Cramer says hold still on Tesla stock after Cybercab debut flops
After Wall Street balked at Tesla's highly-anticipated robotaxi unveiling, CNBC's Jim Cramer told investors not to make any moves on…
Trump campaign connected with Elon Musk’s X before it blocked links to hacked materials
Former President Donald Trump’s campaign connected with Elon Musk’s X last month to discuss hacked Trump campaign materials circulating on…
Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk
With Tesla's hotly anticipated robotaxi event hours away, investors will soon get a glance at what CEO Elon Musk has…
Bank of Korea trims interest rates after holding for almost two years
South Korea's central bank has cut its benchmark interest rate by 25 basis points to 3.25%, the first rate cut…
Stellantis CEO to retire in 2026 as automaker struggles in North America
Chrysler parent Stellantis confirmed on Thursday that CEO Carlos Tavares would retire at the end of his contract in early 2026 and…
We see a driver for AMD stock coming up — plus, what’s behind the continued market rally
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
He flies business and first class — all on credit card points
For most travelers, flying in business and first class, especially on international flights, is a once-in-a-lifetime opportunity.A business class ticket…
GSK agrees to settle about 80,000 Zantac lawsuits for up to $2.2 billion
GSK has agreed to pay up to $2.2 billion to settle most lawsuits in US state courts claiming that a discontinued…
Solana cryptocurrency could rally 400% if Trump wins election, Standard Chartered says
The solana cryptocurrency could outperform ether and bitcoin in a big way if former President Donald Trump wins the U.S.…
New Zealand central bank slashes rates by 50 basis points in second straight rate cut
New Zealand's central bank has slashed its benchmark interest rate by 50 basis points after its monetary policy meeting, marking…
‘I am not Satoshi Nakamoto’: Subject of HBO documentary denies he invented bitcoin
The identity of bitcoin creator Satoshi Nakamoto has long been one of the biggest mysteries of the internet age. A…
Japan pay data, China markets
SINGAPORE — Chinese markets skyrocketed over 10% at the open Tuesday, after coming back from the Golden Week holiday as…
Samsung posts disappointing third quarter profit guidance as it grapples with AI chips
South Korean tech giant Samsung Electronics said it expects worse-than-expected profit for the third quarter.In guidance released Tuesday, the world's…
CBS News says heated Ta-Nehisi Coates interview did not meet editorial standards after criticism
CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book…
3 Things Money Can’t Buy—Naval Ravikant
Have you heard of Naval Ravikant? He’s a famed early-stage investor who’s become one of the most rabidly quoted for…
Japan’s Nikkei opens up 2% as Asia markets mostly climb ahead of a week of central bank decisions
Asia-Pacific markets mostly climbed on Monday, led by Japan's Nikkei 225 gaining 2% as investors look ahead to a week…
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Activist investor Starboard Value has a roughly $1 billion stake in pharmaceutical giant Pfizer and is seeking to mount a…
How companies can ease the strain on employees taking care of elderly parents or ill family members
Taking care of an elderly parent or seriously ill spouse or family member can be physically and emotionally draining —…
