Financial News from US News & World Report

  • How to Plan the Perfect Brandywine Valley Road Trip U.S.News & World Report - 7 hours ago

    The Brandywine Valley National Scenic Byway has so many mansions it's been dubbed "Chateau Country," so many gardens that it's part of "America's Garden Capital" and, of course, a fascinating history. George Washington's troops fought here, the du Ponts founded their company and dynasty here, becoming one of America's wealthiest families, and three generations of Wyeths painted here. The area owes much to the du Pont family, whose slogan could be "better living through philanthropy." And driving along a picturesque 12-mile route of the Brandywine Valley is rich with lovely gardens, interesting museums and storied estates.

  • Signs Your Child's Identity Has Been Stolen U.S.News & World Report - 9 hours ago

    Your child may be living a double life. You may someday be surprised to learn that your precocious 4-year-old daughter owes tens of thousands of dollars in credit card debt, or that your 13-year-old son is in hot water with the IRS for accepting a hefty tax refund for a job he never had.

  • 10 Mid-Century Marvels: Modern Hotels That Would Make Don Draper Drool U.S.News & World Report - 9 hours ago

    Mid-century modern design is all the rage these days after a resurgence of the decor was featured on the hit TV show "Mad Men." Taking hints from Scandinavian design and characterized by warm woods, clean lines and natural elements, this unique style that emerged during the '50s and '60s includes not only architecture but furniture, lighting and tableware, too. Here are top mid-century modern properties where you can live out a stylish, Don Draper-inspired trip with 1960s-influenced surroundings and a cocktail in hand. Designed by forward-thinking firm Elkus Manfredi Architects, The Verb Hotel, located in Boston's Fenway neighborhood (with the lights of Fenway Park looming in the background), reimagines a mid-century motel with a nod to the Howard Johnson outpost that was previously on the property's site.

  • How Real Estate in Vancouver May Affect the Cost of Your Home in the U.S. U.S.News & World Report - 10 hours ago

    Home values in a specific market are affected by a variety of factors, including the general condition and age of the properties, local demand, the state of the area's economy, outside interest and national confidence in the economy. As a well-positioned hub for international business, Vancouver attracts foreign buyers -- largely from China -- who are interested in homes and properties throughout the city. In June, the MLS Home Price Index by the Real Estate Board of Greater Vancouver reported a composite benchmark home price at $917,800 for the city, a 32.1 percent increase from June 2015.

  • 4 Great Places for Football Fans U.S.News & World Report - 10 hours ago

    If you're a devoted football fan, cross these top sports cities off your bucket list. Stay at Hotel Preston, located halfway between downtown and Opryland for a great drive-in lodging option with free parking, quirky amenities (think: pet fish and lava lamps) and competitive nightly rates. When you're not catching the Titans in action, make sure to make the most of your time in Music City -- the home of country music.

  • Veterans Should Think Like Burglars U.S.News & World Report - 10 hours ago

    An effective veteran job seeker should be as resourceful and inventive when seeking access to a company where they would like to work. Metaphorically, most job seekers perform the equivalent of a weak rap on the door followed by a dejected walk back to the curb when no one answers at their dream company. Successful job seekers display a sense of determination, resilience and creativity that is effective and impressive to the organization.

  • 4 Things to Know When Buying Dicks Sporting Goods Inc. Stock (DKS) U.S.News & World Report - 11 hours ago

    For Dick's Sporting Goods Inc (ticker: DKS), however, that crown seems highly comfortable, as it becomes the only national sporting goods full-line retailer in the U.S. When Sports Authority filed for bankruptcy in March, it expected to close between 150 and 450 stores. Sports Authority left some opportunities for DKS.

  • Does Socially Responsible Investing Actually Work? U.S.News & World Report - 11 hours ago

    Socially responsible investing, or SRI, is one of the hottest trends in investing right now. The ETF tracks an index of companies with "positive environmental, social and governance characteristics." Yet one could make the case that Coca-Cola Co. ( KO), one of the fund's top 10 holdings, has been one of the companies most responsible for the global spread of obesity and diabetes.

  • Why You Need to Think About Your Retirement Taxes Now U.S.News & World Report - 11 hours ago

    "Taxes are likely to be one of, if not the largest expense in retirement," says Jeff Fosselman, a senior wealth advisor at Relative Value Partners in Northbrook, Illinois. After decades of deferring tax on your retirement savings, the tax bill becomes due in retirement. You need to plan ahead if you want to minimize the taxes you will pay during your retirement years.

  • The Pros of Investing in the Technology Sector U.S.News & World Report - 12 hours ago

    Technology has been the clear standout sector within the Standard & Poor's 500 index. The sector returned 12.4 percent for the third quarter and some of the largest names -- like Apple (ticker: AAPL), Microsoft Corp. ( MSFT), Intel Corp. ( INTC), Cisco Systems ( CSCO) and Facebook ( FB) -- reported positive second-quarter earnings results. August data published by the Bureau of Economic Analysis shows record high consumer spending in technology-related categories -- at 4.1 percent year-over-year growth, this is the fastest growth since the first quarter of 2010.

  • How to Invest in Annuities U.S.News & World Report - 12 hours ago

    Despite sometimes getting a bad rap, annuities can form part of a retirement savings strategy to plug potential income gaps not covered by Social Security or a 401(k). The extended period for low interest rates has created a vacuum of products for retirement as traditional products like bonds and certificates of deposit aren't paying much yield, says Adam Watts, managing partner with EAM Partners. "People have not saved enough," says Scott Mann, president of Mann Financial Group.

  • Is That Charity Legit? 5 Ways to Tell U.S.News & World Report - Fri, Oct 21, 2016 2:10 AM AEDT

    As Hurricane Katrina bore down on New Orleans and the Gulf Coast in 2005, over 4,000 websites popped up to gather funds for relief efforts. The problem was so pervasive that it prompted the FBI to create the National Center for Disaster Fraud with the goal of identifying and prosecuting fraudulent charities and disaster relief agencies. "It can happen at any time," says Sandra Miniutti, vice president of Charity Navigator.

  • 8 Ways to Safeguard Your Financial Life as You Age U.S.News & World Report - Fri, Oct 21, 2016 2:05 AM AEDT

    A 2009 study by the Center for Retirement Research at Boston College found that people made the fewest financial missteps between ages 43 and 63, with 53 being the peak financial age. There are things people of all ages can do to avoid becoming the victim of bad financial decisions, but getting systems in place can be particularly important as you age. Anyone of any age can forget to pay the mortgage or real estate taxes.

  • All Tesla Motors Inc Cars Will Now Feature Self-Driving Hardware (TSLA) U.S.News & World Report - Fri, Oct 21, 2016 2:04 AM AEDT

    The latest product announcement from Tesla Motors Inc (ticker: TSLA) is also a product integration one. TechCrunch notes the largest change could be the new computer in the vehicles, with more than 40 times the computing power of the earlier generation. A glimpse of what the autonomous Tesla can do be viewed here.

  • Photo Tips to Attract House Hunters Online U.S.News & World Report - Fri, Oct 21, 2016 1:39 AM AEDT

    Before coming to a home seller's front door, homebuyers spend most of their time online checking out listings, scrolling through images and sizing up the competition. More than 90 percent of homebuyers start their search online, according to the National Association of Realtors 2015 Profile of Home Buyers and Sellers, which is why having show-stopping photos of a home is a must in this digital age. Most people do not put enough time and effort into these photos, so when the bad images pop up online it's not only doing a disservice to the seller, but it's completely turning off buyers.

  • 8 Must-See Fall Foliage Spots in the Midwest U.S.News & World Report - Fri, Oct 21, 2016 1:38 AM AEDT

    Unlike New England, many of the Midwest's most beautiful parks, forests and scenic roads experience radiant fall colors well into November. Located on the shores of Lake Superior and surrounded by lush parks and small islands, Marquette is about as postcard-perfect as you can get, especially in the fall. Soak up the peak colors with a bike ride along the Iron Horse Heritage Trail, which weaves through downtown Marquette, passes through some of the county's historic mining landmarks and is flanked by beautiful trees.

  • How Managing Your Finances Is Like Losing Weight U.S.News & World Report - Fri, Oct 21, 2016 1:32 AM AEDT

    People looking to manage their finances can take a note from the weight-loss pros. "It can be a challenge to make changes in both of those areas because it's really about changing our habits," says Catherine Hawley, a certified financial planner based in Monterey, California. Managing your finances also requires implementing a good system, whether it's using a budgeting app or scheduling regular check-ins with your financial advisor.

  • How to Handle Your Office Romance U.S.News & World Report - Fri, Oct 21, 2016 1:26 AM AEDT

    If you're already in a relationship with a co-worker, this is an even harder decision. It is important if you are in or considering a relationship with a colleague to take the following factors into account and proceed cautiously. While many companies have adopted more progressive relationship policies, for the most part, you're discouraged from dating within your chain of command.

  • 9 Blue-Chip Powerhouse ETFs to Buy U.S.News & World Report - Fri, Oct 21, 2016 1:17 AM AEDT

    Blue-chip stocks to fuel your ETF. Blue-chip stocks are the bedrock of most investment portfolios. Thing is, most investors would be hard-pressed to tell you what exactly a blue-chip stock is . And that's ...

  • 5 Steps to Accomplishing the Things on Your Bucket List U.S.News & World Report - Fri, Oct 21, 2016 1:05 AM AEDT

    Many retirees have a bucket list . Hopefully, you have envisioned your retirement as a time to try new things, travel to places you have always wanted to go and do the things you didn't have time for during ...

  • How Managing Your Money is Like Playing Baseball U.S.News & World Report - Fri, Oct 21, 2016 12:58 AM AEDT

    Money management tools, such as SmartyPig, which can help you outline specific savings goals, then set up automated transfers from your bank account, or Earnest, which can help you track and manage your student loans, can offer a helping hand as you work toward your financial goals. Whether you've missed a credit card payment, had a bill get sent to collections or filed for bankruptcy, you might feel like you've done irreparable damage to your credit. If your credit has taken a hit, you can work toward rebuilding it through small steps, such as paying your bills on time every month, checking your credit report for errors and limiting the number of hard inquiries on your report.

  • Your Home Is a Better Investment Than Bonds U.S.News & World Report - Fri, Oct 21, 2016 12:00 AM AEDT

    If your loan charges 4 percent, prepayments earn 4 percent, a lot more than you'd get in bank savings or a 10-year Treasury note, now yielding a paltry 1.8 percent. "The advantage to paying off a mortgage over buying bonds depends on the cash flow created," says Wyatt A. Moerdyk of Evidence Advisors in Boerne, Texas. "A very conservative investor who is averse to debt may find paying off his or her mortgage is the right choice," says Eric Meermann, a planner with Palisades Hudson Financial Group in Scarsdale, New York.

  • 6 Breweries to Visit in San Diego U.S.News & World Report - Fri, Oct 21, 2016 12:00 AM AEDT

    With close to 120 breweries nearby, San Diego has emerged as a hub for the craft beer craze. "San Diego has now become the craft beer capital of the United States," says Robert Marks, chief concierge at the Omni San Diego Hotel. "In almost any community you are going to be in, there will be a brewery.

  • 10 Family-Friendly Resorts for Fall Foliage Trips Across America U.S.News & World Report - Thu, Oct 20, 2016 3:41 AM AEDT

    Experience vibrant autumn colors in charming retreats across the country. Lake Placid's Mirror Lake Inn Resort and Spa has married a high-end atmosphere and kid-approved perks since the 1930s. Anchoring one end of Lake Placid's historic Olympic Village, the inn sits (as its name implies) on the shore and hill overlooking Mirror Lake.

  • How to Rent an Apartment When You're in the U.S. on a Visa U.S.News & World Report - Thu, Oct 20, 2016 3:17 AM AEDT

    With credit and background checks, employer verification and conversations with previous landlords, property managers and owners are diligent about ensuring your ability to pay rent throughout your lease. If landlords and property managers are unable to perform a standard credit check, they use a set of alternative pieces of information. "Be prepared to answer questions about finances and employment verification," says Elizabeth Gibson of ezLandlordForms, a service providing legal forms and tenant screening to landlords throughout the U.S. Gibson says ezLandlordForms regularly fields questions from landlords and tenants regarding the vetting process for international renters.

  • Don't Dismiss Networking Until You've Tried Doing It This Way U.S.News & World Report - Thu, Oct 20, 2016 1:40 AM AEDT

    One job seeker was referred to meet with a COO of a small but growing company. During the conversation, the COO mentioned that the company needed to hire someone with a background in information technology, the same experience the job seeker had.

  • The Power of the Get Lost Fund U.S.News & World Report - Thu, Oct 20, 2016 1:33 AM AEDT

    A 2015 survey of 5,000 Americans found that more than half of those surveyed had less than $1,000 in a savings account. A 2016 analysis conducted by the Economic Policy Institute based on data from the Federal Reserve Board's Survey of Consumer Finances showed that retirement savings have stagnated over time. New terms for this type of savings account -- for instance, the Get Lost Fund -- have become popular buzzwords among personal finance bloggers in recent months.

  • Wal-Mart Stores, Inc. Declares a Price War (WMT) U.S.News & World Report - Thu, Oct 20, 2016 1:30 AM AEDT

    Wal-Mart Stores Inc. (WMT), which is running on an eight-quarter same-store sales rise streak and is still slashing prices, could possibly take away $35 billion in business from Target Corp. (TGT), Dollar General Corp. (DG) and Family Dollar Stores Inc. (DLTR), according to a recent UBS research paper. Fortune cites Dollar General's August price cut announcement and Target's renewed push to highlight low prices through marketing as evidence the loss of business is already happening. Fortune also points out a key piece of the UBS report that spells trouble for Target.

  • Are Americans Walking More Today Than at This Time Last Year? U.S.News & World Report - Thu, Oct 20, 2016 1:11 AM AEDT

    Walking was chosen as a public health strategy to combat the obesity epidemic for important reasons. Walking can be incorporated into most people's lifestyles, has a lower injury risk than many other exercises and is physically doable for most people. Finally, it's a great exercise for newcomers to physical activity, who can walk faster or farther as they become more fit.

  • 5 Crucial Steps to Setting Your Kitchen Remodeling Budget U.S.News & World Report - Thu, Oct 20, 2016 1:06 AM AEDT

    In order to conduct a successful kitchen remodel project, you'll need to make sure you set a realistic budget. Whether you are completely remodeling your kitchen or just adding new appliances, follow these five steps to help you set (and stick to) your kitchen remodeling budget.

  • 6 Best Frugal Resources for Winterizing Your Home U.S.News & World Report - Thu, Oct 20, 2016 1:05 AM AEDT

    You can make use of several apps, websites and resources in your area to handle many of these tasks on your own, using some basic tools. Call your energy company to see if they offer a free home energy assessment to determine whether your heating and cooling system is running efficiently and where there may be leaks to fix. Just give your energy company a call or check online to see if there are any free assessments and other tools available in your area.

  • How to Start Saving for Retirement in Your 30s U.S.News & World Report - Thu, Oct 20, 2016 1:05 AM AEDT

    A friend who is about to turn 30 recently confessed to me that she hasn't been saving for retirement. Many millennials have not yet begun to build a nest egg. A recent Wells Fargo and GfK survey of 1,005 employed millennials ages 22 to 35 found that 41 percent have not started saving for retirement.

  • What's New in Culinary Cruises U.S.News & World Report - Thu, Oct 20, 2016 1:01 AM AEDT

    Culinary cruises have taken the high seas by storm in recent years. With the current obsession on all things food, wine and spirits, the world's best cruise lines now offer culinary-themed sailings, exclusive wines and gourmet dining experiences, renowned chefs at the helm of their food and beverage programs and onboard celebrity chef restaurants and guest appearances. While most cruise lines still offer a traditional main restaurant and breakfast and lunch buffets on their ships, many restaurant menus are now created by distinguished chefs and are inspired by the destinations and ports of call on a given itinerary to showcase specialty ingredients.

  • Index Funds Offer College Savings Options U.S.News & World Report - Thu, Oct 20, 2016 12:30 AM AEDT

    When Will Worthwine started putting money away in a 529 plan, a college savings account with tax advantages, his daughter was a freshman in high school. "Index funds are the way to go for someone who does not want to track investments daily," he says. Index funds are a basket of securities designed to track a particular market, such as the Standard & Poor's 500 Index, an index of the 500 largest U.S. companies listed on the New York Stock Exchange.

  • Can REITs Survive an Interest Rate Hike? U.S.News & World Report - Thu, Oct 20, 2016 12:18 AM AEDT

    Real estate investment trusts saw strong gains so far in 2016, outperforming the broader Standard & Poor's 500 index, but whether REITs can retain those strong gains is in question. According to the National Association of Real Estate Investment Trusts, an advocacy group for the industry, the total return of the FTSE/NAREIT All REIT index was 12.6 percent through Sept. 30, while the S&P 500 posted a total return of 7.8 percent. The yield on the 10-year Treasury note dropped 0.7 percent in the first nine months of 2016.