Financial News from US News & World Report

  • 8 Stocks to Profit From America's Love of Burgers US News - 37 minutes ago

    Despite the rise of some fast-casual chains like Chipotle Mexican Grill and Panera Bread Co., a hamburger remains the meal of choice. Darden owns and operates restaurants throughout the U.S. and Canada, including Yard House, Olive Garden, LongHorn Steakhouse and The Capital Grille brands. Credit Suisse ranks DRI stock as a top pick moving into the second half of 2015, with an "outperform" recommendation and a $77 target price.

  • Retire to Morbihan, the Best of Coastal France US News - 2 hours 12 minutes ago

    The southern coast of Brittany, France's northwestern-most region, is little known even among the French. For the past three years, Gordon has rented a house in the small town of Baden, in the heart of the Gulf of Morbihan, where she spends a few months a year. Gordon was attracted by the lifestyle, history, culture, beauty and mild climate of this region.

  • 4 Networking Tactics for Veterans US News - 2 hours 54 minutes ago

    Unfortunately, most people -- including veterans -- are terrible at professional networking. Beginning with a basic misunderstanding regarding the purpose of networking, most job seekers either do not attempt the effort or poorly execute it. Any job seeker who expects to be successful must learn the four steps to effective networking and relentlessly practice them with vigor and resourcefulness.

  • The Best End-of-Summer Sales US News - 3 hours ago

    Patio furniture: Say goodbye to that rickety wicker chair you've been sitting in, and just barely tolerating, all summer long, and splurge on a cushy new patio set. Because retailers are looking to clear their floors and storage space to make way for, dare I say, leaf blowers, snowblowers and even holiday decorations, they'll part with their patio furniture for peanuts. Home Depot is clearing out its inventory for up to 40 percent off, Lowe's is unloading its collection of chairs, tables and rugs for up to 50 percent off and Pier 1 Imports has slashed its prices by up to 70 percent.

  • Should You Trust Apps That Access Your Credit Card Information? US News - 3 hours ago

    Mobile payments are hot. In fact, Forrester Research predicts that U.S. mobile payments will reach $142 billion by 2019. At the same time, though, recent data hacks have made consumers increasingly aware of how vulnerable their personal and financial information really is.

  • How to Avoid Frugality That Turns Costly US News - 3 hours ago

    Although baby products are heavily regulated by the U.S. Consumer Product Safety Commission, recalls often occur and the standards on what is considered safe change. You may have a treatable problem that goes undiagnosed and eventually becomes not so treatable.

  • 10 Law Schools That Leave Grads With the Least Debt US News - 3 hours ago

    The U.S. News Short List, separate from our overall rankings, is a regular series that magnifies individual data points in hopes of providing students and parents a way to find which undergraduate or graduate ...

  • 8 Ways to Jump-Start Your Retirement Savings US News - 3 hours ago

    Saving for retirement is a daunting task. Nonetheless, despite these uncertainties, it is possible to start working toward achieving a successful retirement by taking a handful of steps in the right direction. The power of compound interest is a powerful tool to leverage retirement savings.

  • 6 Ideas for a Fun Family Weekend on a Tight Budget US News - 3 hours ago

    Labor Day weekend arrives in just a few days, and for many families it is a three-day weekend that serves as the "last hurrah" for summer. How can a family enjoy a special weekend when the budget is tight? Simply stay at home, but spend those weekend days together as a family doing activities everyone will enjoy.

  • The 3 Most Common Mistakes People Make in Work Documents US News - 3 hours ago

    The world of work requires excellent writing skills. However, many of today's professionals spaced out during their high school English teacher's lessons regarding the art of diagramming a sentence or ...

  • 10 Ways to Make Extra Money in Retirement US News - Tue, Sep 1, 2015 1:48 AM AEST

    Boost your retirement income. You can withdraw less from your savings each month or even pay for a few luxuries if you're willing to earn some extra income in retirement. Retirement doesn't necessarily mean you will never work again.

  • 8 Stores to Shop for Easy Labor Day Savings US News - Tue, Sep 1, 2015 12:38 AM AEST

    Whether you're looking to start your holiday shopping early or score some great deals while celebrating the (un)official end of summer, the Labor Day Sales are worth shopping. Through Labor Day you can update your fall wardrobe by using online coupon codes for up to 65 percent off contemporary boots or up to 60 percent off hoodies and sweatshirts under $25. To get the best deal on a major appliance upgrade, make sure to check out the Best Buy Labor Day Major Appliance Sale.

  • Portfolio Exam: A $1.75 Million Portfolio Weighed Down by Fees US News - Tue, Sep 1, 2015 12:30 AM AEST
    Portfolio Exam: A $1.75 Million Portfolio Weighed Down by Fees

    My latest portfolio report card is for "PK," a 74-year old single retiree living in Colorado. PK told me he gave his portfolio to an investment advisor who sold everything and set up the current portfolio in October 2013. How does PK's portfolio do when it comes to cost, risk, diversification, taxes and performance?

  • Take Control of Your 6 Biggest Retirement Expenses US News - Tue, Sep 1, 2015 12:09 AM AEST

    Now that the stock market has shown us we cannot always rely on capital gains from our investments, or extra income from our savings, it may be time to take a closer look at the other side of the ledger: our retirement expenses. It might reassure you to know that, on average, household expenses steadily decline with age, falling on average almost 20 percent between ages 65 and 75 and a total of 35 percent by age 85, according to a study by the Employee Benefit Research Institute. This remains the largest expense in a retiree's budget, just as it was before we retired.

  • 6 Travel Apps Every Globetrotter Needs US News - Mon, Aug 31, 2015 11:22 PM AEST

    With these tools, researching new destinations, checking reviews and comparing prices on the fly is easier (and more popular) than ever before. Complete your travel bucket list with flight deals on dream destinations, courtesy of Hitlist. The app notifies you when there's a deal on any of the destinations you've selected.

  • Is This the Time to Look for Bargains in Energy? US News - Mon, Aug 31, 2015 11:00 PM AEST

    Investors who bought up energy stocks or crude oil futures a few months ago when it seemed like petroleum prices had bottomed are likely feeling some pain after the late-August drop in the equities market. Greater concerns about China's economy, despite the government's attempts to stabilize its sinking stock market, spurred both a late-August sell-off in energy prices and the stock market. All this oversupply is hanging over energy prices and the sector, including oil-producer stocks and even some master limited partnerships.

  • How to Improve Your Finances After Retirement US News - Mon, Aug 31, 2015 11:00 PM AEST

    You have many opportunities to fix your retirement finances before you retire. You can ramp up your savings, eliminate debt and make smart decisions about when to sign up for Social Security and other types of retirement benefits. Remember required minimum distributions.

  • 8 Inaugural Trips Down Wall Street US News - Mon, Aug 31, 2015 11:00 PM AEST

    Then again, the guy who penned that sentiment -- ex-Beatle Paul McCartney -- is worth an estimated $660 million, a fortune he made not just writing songs but also investing in them. Few would-be moguls have fared so well -- and sometimes, investment has all the joy of a sad breakup tune. Regardless, that first investment can spark a lifelong passion.

  • The Do's and Don'ts of Labor Day Shopping US News - Mon, Aug 31, 2015 10:35 PM AEST

    A Labor Day shopping strategy might not be your highest priority, but if you want to emerge from the weekend with a cart overflowing with new stuff and a wallet that's still full, maybe it should be. Follow these do's and don'ts to maximize your money-saving potential this holiday weekend. Big sale events, like Labor Day, are a good opportunity to splurge on expensive purchases without having to pay full price.

  • How to Deal With a Co-Worker Who Won't Stop Talking US News - Mon, Aug 31, 2015 9:47 PM AEST

    Here's one of the questions I hear over and over from people: "How can I get my long-winded co-worker to stop talking to me?" Our workplaces are apparently rife with co-workers who prattle on ...

  • 4 Signs You Hired a Bad Home Inspector US News - Sat, Aug 29, 2015 5:03 AM AEST

    You aren't required to hire a home inspector when you're buying a house, but it's a good idea. There are ample stories of homeowners who hired a home inspector only to later regret not hiring someone else. Nicole Praise, a neuroscientist in Los Angeles, could tell you that.

  • Fewer People Pay IRA Early Withdrawal Penalty US News - Sat, Aug 29, 2015 3:40 AM AEST

    If you withdraw money from an individual retirement account before age 59 ½, you typically incur a 10 percent early withdrawal penalty. The 10 percent tax applies in addition to the regular income tax due on withdrawals from IRAs. For example, if a worker who is in the 25 percent tax bracket withdraws $5,000 from an IRA at age 40, he will owe $1,250 in regular income tax and $500 for the early withdrawal penalty.

  • 4 Essential Apps for Airfare Savings US News - Fri, Aug 28, 2015 11:04 PM AEST

    "This strategy gives you nothing more than a bad night's sleep," says Gillian Morris, CEO of Hitlist, an app that monitors airfares and sends alerts when prices drop. Hopper analyzes historical fare data to help you make better decisions about where to go and when to buy, helping you ditch the purchase anxiety and secure a flight deal with confidence.

  • Should You Put ETFs in Your Portfolio? US News - Fri, Aug 28, 2015 11:00 PM AEST

    But like there's an obvious answer if anyone ever asks you if you're a god (think "Ghostbusters"), there's a no-brainer answer when someone asks whether they should harness the power of ETFs. Simply put, individual investors are bad at investing. So how do ETFs make us any better?

  • How to Attend College Without Student Loans US News - Fri, Aug 28, 2015 10:55 PM AEST

    With the total amount of student loans topping $1 trillion, it is no wonder that people are looking for alternative ways to pay for college. According to Mark Kantrowitz, publisher of Edvisors, a site that helps students figure out ways to pay for college, 2015 college graduates will leave college with an average of $35,051 in student debt -- a record high. Is it possible in today's world to graduate and avoid being one of the roughly 70 percent of college graduates who get student loan bills along with their college degree?

  • 3 Credit Cards College Students Should Consider US News - Fri, Aug 28, 2015 10:50 PM AEST

    Numerous surveys have shown that many millennials just don't want them, with most opting for debit cards in the wake of an apocalyptic job market and crushing student loan debt. For those who do want them, credit cards just aren't always easy to come by. The Credit CARD Act of 2009 pulled the plug on banks advertising on campus -- no more free pizzas or T-shirts just for signing up for a card -- and also require anyone under 21 to either have a co-signer or show proof of income before they can even get a card.

  • 12 Ways Homeowners Can Avoid Home Improvement Rip-Offs US News - Fri, Aug 28, 2015 1:42 AM AEST

    These nightmare scenarios may frighten you, but if you do your homework, you can prevent yourself from being ripped off by a bad home improvement contractor. "It's beyond just finding the name of the person you want to use," says Angie Hicks, founder of Angie's List, which provides reviews of contractors and other service providers. Many homeowners spend weeks and months planning their projects and then expect to hire a contractor in a few days.

  • 5 Steps to Turn That Interview Into a Job Offer US News - Fri, Aug 28, 2015 1:02 AM AEST

    If I can just get my foot in the door, I can get the job. This is a common thought as you go through the job search and application process . Getting called for an interview is a big step forward and one ...

  • What to Do If Your House Has Mold (Or You Think It Does) US News - Fri, Aug 28, 2015 12:45 AM AEST

    Several years ago, Gayle Lynn Falkenthal, who owns a public relations consulting company in San Diego, had a "wicked case of mold" in her kitchen. Aside from getting multiple bids, make sure the company is also licensed, and find out how long they've been in business, she says.

  • 5 Steps to Maintain Financial Security in Retirement US News - Fri, Aug 28, 2015 12:08 AM AEST

    While you are in the workforce, if the financial markets decide to become dysfunctional, you can cope by working more or for a few additional years. Cash reserves that are too small may leave you exposed in retirement. In retirement, the rules are different.

  • Don't Overlook the Big City for Your Retirement Home US News - Thu, Aug 27, 2015 11:36 PM AEST

    For Loretta Halter, every day is like vacation. "For 40 years, I vacationed here in New York City," she says. Now, the fine arts enthusiast says she relishes the chance to visit iconic institutions such as the Museum of Modern Art, Whitney Museum of American Art and Metropolitan Museum of Art whenever she wants.

  • How to Save Money in September US News - Thu, Aug 27, 2015 11:20 PM AEST

    Take advantage of these great deals and hold off purchasing other items until later in the year when the discounts will significantly increase. September kicks off with Labor Day, and this three-day weekend is a major sales holiday, as well.

  • Think Outside the Box by Buying 'Open Box' US News - Thu, Aug 27, 2015 11:15 PM AEST

    Caroline Ernst, vice president of e-commerce for Blinq, which sells overstock, open box and returned items from a variety of major retailers, shares that computers, televisions and other consumer electronics are in highest demand on their site. Maria Tiongco Ramos, savings expert and founder of www.ASavingsWOW.com, says she has achieved big savings with open box purchases. It is important to investigate why the product is listed as open box and the extent of its wear and tear.

  • How to Invest in Bond Funds During a Bear Market US News - Thu, Aug 27, 2015 11:00 PM AEST

    Right now, the most unsettled segment in bonds is funds comprised of "illiquid, lower-rated bonds in exchange-traded funds," says Dan Heckman, senior fixed-income strategist at U.S. Bank Wealth Management, based in Kansas City, Missouri.

  • Why Buying Expensive Clothes for Kids Is Dumb US News - Thu, Aug 27, 2015 11:00 PM AEST

    This year, American families plan to spend a whopping $335.38, on average buying new clothes and shoes for children heading back to school, according to a National Retail Federation survey. During a child's peak growth years (around age 13 for boys and age 11 for girls), boys grow an average of 3.7 inches a year, and girls grow an average of 3.3 inches, according to an American Academy of Pediatrics study. In those cases, buying cheaper -- and more cheaply made -- "disposable fashion" may make a lot of sense, says Marshal Cohen, chief industry analyst at the NPD Group, a market research firm.