Financial News from US News & World Report

  • How Job Seekers Should Respond to Recruiting Trends U.S.News & World Report - 11 hours ago

    Are you up-to-date on the methods used by recruiters today to source and vet candidates? Jobvite released their 2016 Recruiter Nation Report on Tuesday, which highlights important trends in recruiting every job seeker should understand. In fact, there is less competition for tech jobs, according to recruiters, than for jobs in hospitality, manufacturing and health care.

  • Why Colorado Springs is an Adventurous Family's Dream Vacation U.S.News & World Report - 11 hours ago

    If you're looking for a family-friendly destination that is not just warm, but filled with opportunities to stay active and seek out adventure, consider Colorado Springs. There's a reason why Olympic athletes train in this city, which is often touted as one of the healthiest U.S. cities. With mild temperatures year-round and low humidity (even in winter, snow doesn't stick around long), plus more than 300 days of sunshine, Colorado Springs beckons visitors to embrace the great outdoors.

  • Managing the High Cost of a Chronic Health Condition U.S.News & World Report - 12 hours ago

    According to the 2012 National Health Interview Survey, roughly 117 million U.S. adults have at least one chronic health condition such as diabetes, hypertension or cancer. Just ask Lou Ann Loveless, a mother of two in Buffalo, New York, who stopped working in 2003 after her multiple sclerosis flared up. After applying for disability benefits in 2005 and getting approved in 2008, she tries to stretch every dime that she can while shopping for groceries.

  • If You Can Afford to Buy a Home, Why Are You Still Renting? U.S.News & World Report - 12 hours ago

    About 37 percent of housing units in the U.S. are occupied by renters, according to the U.S. Census Bureau's 2015 American Community Survey, and homeownership rates are the lowest they've been in the last 50 years as of the second quarter of 2016. In the 35 largest housing markets in the country, nearly 14 percent of renters have high enough credit scores and incomes to afford a median-priced home in their market, according to a recent study released by real estate information company Zillow. The report notes that San Jose, California, has the largest percentage of renters who have the credit and income to purchase a median-priced home at 35.6 percent, followed by San Francisco at 26.8 percent.

  • 10 Unexpected Wallet-Friendly Destination Wedding Ideas U.S.News & World Report - 13 hours ago

    Many people dream of planning a wedding in an exotic destination, a beachfront setting, a scenic mountaintop or a remote island, but dismiss the notion of going to a far-off retreat assuming such elaborate fetes are restricted to the rich and famous. Sure, destination weddings can be pricey, but with some legwork, you can land a dreamy location at an affordable price. Here are 10 under-the-radar places to plan a destination wedding that won't break the bank.

  • 6 Ways Being Too Nice Costs You Money U.S.News & World Report - 13 hours ago

    Have you heard the saying about how being nice costs you nothing? While this is largely true, there are several instances where being nice can actually result in money losses. For example, people with ...

  • 9 Websites to Help You Make Retirement Income U.S.News & World Report - 13 hours ago

    If your professional background is in software, web development or design, Toptal is where you can make the most of your background for great pay. Toptal vets its freelancers, so you'll have to go through a serious application process.

  • 10 All-Inclusive Resorts Debuting in Mexico and the Caribbean in 2016 and 2017 U.S.News & World Report - 13 hours ago

    Surrounded by ocean on three sides, the Hyatt Ziva Cancun was built to satisfy all ages and family sizes with amenities catering to a variety of travel preferences and tastes. Opening in October 2016, the Royalton Blue Waters sits on prime beachfront real estate in Montego Bay.

  • BlackBerry Ltd Quitting Smartphone Production (BBRY) U.S.News & World Report - 13 hours ago

    BlackBerry Ltd (BBRY) said Thursday it would end its internal hardware development (i.e. Investors reacted enthusiastically, as BlackBerry stock was up more than 5 percent Wednesday morning. John Chen, the company's executive chairman and CEO, said in a statement that the company's Mobility Solutions was offering promise, specifically mentioning its telecom joint venture software licensing agreement in Indonesia.

  • Prepare Your Credit Cards for Holiday Shopping U.S.News & World Report - 13 hours ago

    It doesn't seem like it can be that time of year already but -- believe it or not -- consumers around the globe will soon be breaking out their credit cards and getting started on holiday shopping lists. There are many reasons to favor your credit cards over cash when it comes to holiday shopping. Here are a few steps to take to make sure your credit cards are fit for holiday shopping.

  • How to Invest in the App Market U.S.News & World Report - 13 hours ago

    The popular Angry Birds, which was turned into a motion picture this year by Sony Corp. (ticker: SNE), was released in 2012. It was followed in 2014 by King Digital Entertainment's -- now owned by Activision Blizzard ( ATVI) -- offering, Candy Crush. "I know there's a lot of excitement around Pokemon, so I don't want to rain on the parade," says Anthony Glomski founder of AG Asset Advisory in Los Angeles.

  • How to Buy Unit Investment Trusts U.S.News & World Report - 13 hours ago

    Another twist on the pooled-money strategy, unit investment trusts are for investors who want steady income, transparency and liquidity in holdings selected by professionals. "UITs are good for investors who want to buy and hold securities and gain interest and reinvest dividends over a certain amount of time," says JeFreda Brown, CEO of Goshen Business Group in Birmingham, Alabama. With an ordinary open-ended mutual fund, your money is pooled with other investors' money and used to buy bonds or stocks that fit the fund's investing strategy.

  • 8 Low-Cost Products That Outperform Their Expensive Name-Brand Equivalents U.S.News & World Report - 13 hours ago

    The decision often comes down to whether the perceived "guarantee" of the name brand is worth the extra cost. Below are eight examples of when the low-cost product matches or exceeds the quality of the name-brand version of that product. It's worth noting that these are just eight examples of this phenomenon -- there are many cheaper products that exceed their name-brand equivalent.

  • 5 of the Best ETFs to Buy for the 4th Quarter U.S.News & World Report - 14 hours ago

    The fourth quarter is going to be a humdinger. You've got a presidential election between two of the most disliked candidates in our country's history. The Federal Reserve still could drop an interest-rate ...

  • 3 Questions to Ask About Age-Based 529 Plan Investments U.S.News & World Report - 14 hours ago

    "As you start approaching those years (near graduation), parents want to know how much money they have," says Duy Nguyen, chief investment officer of Invesco Solutions, the investment manager for Rhode Island's 529 plan. Some 529 plans invest very conservatively when the student is near or in college, while others maintain a significant investment in stocks and longer-term bonds, according to a recently-updated study conducted by, a website that compares college savings plans. "During the college years you have many plans that have 100 percent fixed income," says Brian Boswell, the site's vice president for research and development .

  • How to Recover After Making a Major Money Mistake U.S.News & World Report - Wed, Sep 28, 2016 7:06 AM AEST

    You thought you had your finances under control but you somehow managed to blow your budget, run up a credit card bill, overdraw your checking account -- or worse. "A lot of times, there's no quick fix to financial problems," says Jonathan H. Swanburg, a certified financial planner and investment advisor representative for Tri-Star Advisors in Houston. Now what?'" says Eric Roberge, certified financial planner and founder of Beyond Your Hammock, based in Boston.

  • Tyson Foods, Inc. Is Recalling Thousands of Pounds of Chicken Nuggets (TSN) U.S.News & World Report - Wed, Sep 28, 2016 6:15 AM AEST

    What kind of chicken nuggets did you buy on your last grocery trip? If it was from this Tyson Foods, Inc. (TSN) product, the company wants you to throw them out and seek a refund. The company said Tuesday it was recalling five-pound bags of Tyson Fully Cooked Panko Chicken Nuggets, found in Costco Wholesale Corp. (COST) locations across the country.

  • 5 Tips for Dog Owners Looking to Buy a Home in Los Angeles U.S.News & World Report - Wed, Sep 28, 2016 2:14 AM AEST

    "In West Hollywood, I've heard of divorced couples going to court for custody of their dog," says Tami Pardee of Pardee Real Estate. When buying a home in a new neighborhood, you'll want to take your dog's needs into consideration. Neighborhood pet safety, easy access to parks and proximity to good pet stores and veterinary care are just some of the factors you'll need to consider.

  • When it's OK to Split From Your Current Employer U.S.News & World Report - Wed, Sep 28, 2016 1:47 AM AEST

    When news broke about Angelina Jolie filing for divorce from Brad Pitt, many were shocked to see the end of the Hollywood megawatt couple that is Brangelina (gulp, check that -- past tense, was). There are countless reasons to split from your current employer -- we're not here to judge, and neither should the people you surround yourself with. Here are some scenarios where it's perfectly acceptable to put yourself first and "divorce" your employer.

  • How to Extend the Life of 5 Major Appliances U.S.News & World Report - Wed, Sep 28, 2016 1:23 AM AEST

    Spending money on an appliance can make us question ourselves. No wonder many homeowners do everything they can to keep their existing appliances running for as long as possible. Fortunately, if you want to keep your appliances running longer than typical, you can.

  • Is Your Amazon Prime Membership Hurting Costco Wholesale Corporation? (COST) U.S.News & World Report - Wed, Sep 28, 2016 12:10 AM AEST

    Costco Wholesale Corporation (COST) and Sam's Club are undoubtedly already weary of mega-retailer (AMZN), but a recent investment note suggests those concerns are indeed well-founded, reports Business Insider. U.S. households exclusively with Prime memberships have grown two-fold the last four years (up to 16.2 percent this year from 7.1 percent in 2013), while those with just Costco slid from 14.9 percent to 9.8 percent, according to a recent Cowen & Co. note. Sam's Club, which is owned by Wal-Mart Stores ( WMT), dipped 7.2 percentage points.

  • How to Invest an Inheritance for a Comfortable Retirement U.S.News & World Report - Wed, Sep 28, 2016 12:07 AM AEST

    If you've recently inherited a windfall or you're set to in the near future, here are the most important things to keep in mind when you have your eye on a comfortable retirement. Rushing into decisions when you're received an inheritance is a strategic error you can't afford, says Brad Thurber, senior vice president and financial advisor with D.A. Davidson & Co. in Salt Lake City. Divam N. Mehta, a certified financial planner and chartered financial consultant with Mehta Financial Group in Glen Allen, Virginia, says that often, people mistakenly treat an inheritance as if they've won the lottery.

  • What You Should Know Before Retiring in Belize U.S.News & World Report - Wed, Sep 28, 2016 12:05 AM AEST

    Belize is a small country that offers diverse lifestyle choices. In Belize, you could invest in a condo on the beach, a home in a planned community, a house in a local town or a piece of land in the country. Deciding that you'd like to own a beach condo in Belize leads to more decisions.

  • 6 Ways to Reduce Prescription Drug Risk U.S.News & World Report - Tue, Sep 27, 2016 11:00 PM AEST

    When it comes to medication safety, the focus is frequently on whether patients are taking drugs as directed and -- perhaps to a lesser extent -- reducing prescription mistakes. Upwards of about 7 in 10 Americans take at least one medication, and tens of millions suffer side effects. Adverse drug reactions can lead to hospitalization and even death.

  • How to Profit From the British Pound's Slump U.S.News & World Report - Tue, Sep 27, 2016 11:00 PM AEST

    Just because President Barack Obama's threat to put Britain at the back of the line for new trade deals is fast becoming reality, it doesn't mean the U.K. is finished economically. When the British voters decided to leave the European Union in June, the news unleashed massive uncertainty. The bad news is that investors hate uncertainty in the same way cats loathe taking a bath -- when uncertainty rises, prices of assets tend to get marked down quickly.

  • EBITDA, GAAP and Other Nonsensical Investing Abbreviations U.S.News & World Report - Tue, Sep 27, 2016 11:00 PM AEST

    You can't look it up on Apple's (AAPL) dictionary program, either (though NASA is easy enough to find). Right now, your friendly neighborhood astronaut is calling up their accountant (who course goes by the abbreviation CPA) to find out exactly what the Sam Hill amortization is. "It's hard to get my mind wrapped around EBITDA even after 20 years as a trader," says Vic Patel, founder of Forex Training Group and a mentor to promising traders.

  • Should a Part-Time Job Be Part of a Retirement Plan? U.S.News & World Report - Tue, Sep 27, 2016 11:00 PM AEST

    No longer can the average worker count on a defined pension plan to fund retirement. Social Security is estimated to become insolvent in 2034, and surveys show many workers are not saving enough on their own. Beyond that, people are living longer and health care costs are increasing at more than twice the rate of inflation, says Ann Minnium, certified financial planner and principal of Concierge Financial Planning in Scotch Plains, New Jersey.

  • 13 Tips for Singles Nearing Retirement U.S.News & World Report - Tue, Sep 27, 2016 3:44 AM AEST

    If you're single and about to retire, you're about to join 20 million other unmarried retirees in the U.S. who have different concerns than married folk, and need different considerations when planning retirement. Some singles are divorced, separated and never married, but most, (11 million) are widowed, according to a 2015 Leisure in Retirement study by Merrill Lynch -- which means you've probably already learned about end-of-life issues, and you know you'll need plans in place so that decisions can be made on your behalf if you're under the weather. "Given the known disadvantages, singles must be more diligent in saving for retirement.

  • Ready for a New Job? U.S.News & World Report - Tue, Sep 27, 2016 2:20 AM AEST

    Start with the obvious -- what is bugging you about your current position? This is an item that can be fixed in your current position. You may not want to actually address the specific problem -- but you can see that it can indeed be corrected with no job change.

  • What You Need to Know About TSA PreCheck U.S.News & World Report - Tue, Sep 27, 2016 2:00 AM AEST

    Add in the fact that TSA PreCheck is available with 18 participating carriers, including international airlines such as Lufthansa and Aeromexico, at more than 180 hubs across the country, and you may be compelled to sign up, stat. For this reason, U.S. News sought guidance from a TSA official and top industry experts to pinpoint the pros and cons of the program -- and top criteria to consider before signing up. Aside from the perk of using expedited security lanes, PreCheck and other preflight risk assessment screening programs offer added convenience to many passengers, eliminating the need to remove your valuables, shoes, belts and quart-sized bag of liquids from your carry-on.

  • Bubble Talk: 4 Things Every Investor Needs to Know About the Housing Market U.S.News & World Report - Tue, Sep 27, 2016 1:12 AM AEST

    Despite the sometimes dramatic headlines, the risk of the U.S. experiencing another housing bubble like what happened during the Great Recession is decidedly low in the current economy. Individual markets aren't immune to bubble speculation, but there are few indicators currently present at a national level that have the potential to crater the entire housing market. To steal a line from the film "The Big Short", "The whole housing market [would have to be] propped up on these bad loans" -- again.

  • 5 Terrible Workplace Policies That Good Companies Don't Have U.S.News & World Report - Tue, Sep 27, 2016 12:41 AM AEST

    Workplace policies are supposed to serve the needs of the business -- which include attracting and retaining great employees. Here are five of the worst workplace policies that good companies jettisoned long ago but which lesser companies continue to cling to. Requiring employees to bring in doctors' notes in order to use sick leave.

  • How to Cope With 3 Common Retirement Emergencies U.S.News & World Report - Tue, Sep 27, 2016 12:30 AM AEST

    "The reasons for having an emergency reserve in retirement are really not much different than having one as a key component of anyone's financial plan, except there is more on the line," says Todd Smith, a certified financial planner and CEO of Level 5 Financial in Colorado Springs, Colorado. Here's how you can prepare for three common retirement emergencies. To avoid disrupting your retirement account distribution strategy and paying extra taxes, it is a good idea to keep enough money for most emergencies outside of your tax-deferred retirement accounts.

  • How to Save for Retirement on Less Than $40,000 Per Year U.S.News & World Report - Tue, Sep 27, 2016 12:30 AM AEST

    Saving for retirement is especially difficult when you earn a small salary. Here's how to begin building wealth for retirement when you have a modest income. Find out how much you need to save to get the maximum possible 401(k) match, and then make every effort to deposit that amount in your retirement account.

  • 9 Restaurants Where Kids Eat Free U.S.News & World Report - Mon, Sep 26, 2016 11:55 PM AEST

    The kids menu includes several healthy options, including a chicken salad, chicken wrap and roasted veggies. The children's selection includes pizzeria classics, such as spaghetti, garlic sticks and -- of course -- pizza.