Financial News from US News & World Report

  • How Employers Perceive Older Workers U.S.News & World Report - 11 hours ago

    Some employers are on board with this, with nearly a third saying they strongly support their employees continuing on the job after age 65, according to a Transamerica Center for Retirement Studies and Harris Poll survey of 1,022 business executives and 4,550 workers at for-profit companies that employ 10 or more workers. Here's how employers say they perceive workers age 50 and older. Many older workers have spent decades in their industry.

  • 5 Financial Downfalls of Buying a Starter Home U.S.News & World Report - 11 hours ago

    The traditional way of buying a house has always been to purchase a starter home -- buy something small, and once your family gets too big for it, sell it and find a new, bigger house. When you look for a house before looking for a loan, it's very easy to assume you can afford a bigger starter home than you can, fall in love with a place and then get disappointed when you can't swing it. You're buying a starter home, which means you plan to move out at some point.

  • 10 Side Hustles for Busy College Students U.S.News & World Report - 14 hours ago

    Side hustles are a bit different than typical jobs in that you've got some flexibility in where, when and how you work. Side hustle jobs can help college students make some serious cash to pay for whichever financial needs they have knocking at their dorm room door.

  • Are You the Only One Not Investing in Real Estate? U.S.News & World Report - 14 hours ago

    Are you the only one not making money from real estate? Not quite, but you could be missing out on an opportunity at the perfect moment. It's a unique time for real estate investment as interest rates remain near historic lows following a housing crisis that began at the close of 2007 and a subsequent recession that wreaked havoc on residential and commercial real estate for the duration of the economic downturn.

  • 9 End-of-Summer Travel Deals to Book Now U.S.News & World Report - 14 hours ago

    In Costa Rica, you can help preserve the environment through the Los Suenos Marriott Ocean & Golf Resort's Reforest the Rainforest initiative. Located on a 1,100-acre tropical rainforest, resort guests can immerse themselves in the regional culture by learning Spanish with a language instructor. Plus, you can taste local flavors with cooking classes, and you can even master the traditional art of cigar rolling before indulging in Costa Rican and global dishes at La Vista Restaurant.

  • SNE Stock Soars as PS4 Growth Overshadows Smartphone Decline U.S.News & World Report - 16 hours ago

    Shares of Japanese electronics powerhouse Sony (SNE) rallied more than 7 percent higher on the heels of its fiscal first-quarter earnings report, after SNE posted a surprise profit that Wall Street never saw coming. Before the first-quarter report SNE stock was already up nearly 25 percent in 2016, so Sony shareholders continue to enjoy outsized returns during a year in which the Standard & Poor's 500 index is up less than 6 percent. Sony's revenue fell 10.8 percent to $15.66 billion in the June quarter.

  • Scientists Agree This Is the Most Effective Diet for Weight Loss U.S.News & World Report - 16 hours ago

    Run a Google search for the " best diet for weight loss," and you'll get 11,200,000 results. Near all of them will disagree as to what the best diet for weight loss actually is. While there are definite health pros and cons to every approach, in the end, experts and studies agree that getting hung up on those details is a lot like that saying, "not seeing the trees through the forest." That's because, simply put, the best diet for weight loss is the one that you can actually stick with.

  • 5 Steps to Intervene When an Elderly Relative Needs Help U.S.News & World Report - 16 hours ago

    Joan Lunden may be best known for her 17-year stint as co-host on ABC's Good Morning America, but the journalist says her most important role may be that of helping her elderly mom. "The biggest responsibility every American will have is taking care of their aging parents for the 10, 15 or 20 years before they die," says Lunden, official spokeswoman for the caregiving website A Place for Mom. Not all seniors will need help as they age, and some seniors who do need assistance will insist they do not.

  • Airfares Are at a 7-Year Low, but Are You Getting a Deal? U.S.News & World Report - 16 hours ago

    Prices aren't just declining for domestic trips: The Bureau of Labor Statistics found international flight fares declined by 15 percent in 2015. Increasing industry consolidation, falling oil prices and a slew of extra fees for add-ons -- for everything from seat assignments to priority boarding access to checked baggage -- have enabled lower flight prices for consumers and airline revenue to skyrocket.

  • Facebook (FB) Could Owe $5 Billion to the IRS U.S.News & World Report - 16 hours ago

    The IRS is coming for Facebook (FB) -- to the tune of billions of dollars, reports Bloomberg. The IRS gave the social network giant a deficiency notice for $3 billion to $5 billion, plus interest and penalties, after looking through Facebook's transfer pricing in an audit, per a Thursday regulatory finding from Facebook. The investigation started in 2013, when the IRS found documents related to the royalty value Facebook Ireland paid the primary Menlo Park, California-based Facebook business back in 2010.

  • The Secrets to All-Inclusive Travel U.S.News & World Report - 16 hours ago

    One of the primary things you dream about as you work toward financial independence is the day you get to travel and relax after a lifetime of hard work. The concept is simple: you prepay all of your travel expenses including hotel, food, beverages and entertainment when the trip is booked. Here are some tips and tricks to help you understand and maximize the all-inclusive travel experience.

  • Pokemon Go Shows Promise of Augmented Reality Products U.S.News & World Report - 16 hours ago

    On Google Play alone, it had been downloaded over 50 million times in just 19 days, making it the fastest app to reach that mark in the past two years. While many assumed this success would have showered Nintendo with a large influx of capital, since it owns almost a third of The Pokemon Co., it didn't turn out to be the case. With Nintendo shares skyrocketing in the Tokyo market, the company had to issue a warning to investors that the impact of the game would be "limited." And then, to top it off, Nintendo reported a first-quarter loss of $232 million this week.

  • It's Not All or Nothing: How Home Staging Works U.S.News & World Report - 17 hours ago

    Homeowners and real estate agents alike often assume staging is all or nothing, but that's simply not the case. Real estate agents often believe home staging should only be used if the space is vacant, because very few buyers can visualize the potential of a space. A vacant staging is the most expensive for sellers according to the Real Estate Staging Association, which has a pricing breakdown that factors in the varying types of services a home stager provides.

  • 3 Reasons Why China Still Matters U.S.News & World Report - 17 hours ago

    China has hogged the headlines for the last few years and it's no surprise why. The country is the top consumer of many natural resources and a main driver of global growth. Given the current market environment we wanted to highlight three main reasons we believe China will continue to be a flashpoint in the markets for the foreseeable future.

  • How Shareholder Activism Shook Up Yahoo (YHOO) U.S.News & World Report - 18 hours ago

    It's now the property of Verizon Communications (VZ), which acquired the humbled internet giant for $4.8 billion. The story lit up Silicon Valley water cooler talk Monday, but as dust settles around the new reality, one fact remains irrefutable: The demise of Yahoo (YHOO) came at the hand of aggressive activist shareholders who aren't used to taking no for an answer. The writing was scrawled on the wall as recently as March, when Starboard Value made a full-court press for control of Yahoo's board.

  • AMZN Earnings Confirm Amazon's Dominance, Though Stock Wavers U.S.News & World Report - Fri, Jul 29, 2016 7:05 AM AEST

    Amazon and Alphabet (GOOG, GOOGL), which also posted a commanding beat Thursday afternoon, round out a week of high-profile earnings releases from some of the biggest names on Wall Street. Analysts were expecting Amazon to report EPS of $1.11 on revenue of $29.55 billion. "Amazon has not only established a strong foundation, namely with Amazon Prime and its Web Services, but also continues to invest in fulfillment centers, video content and data hubs that make them a more structurally profitable and diversified business," says James Gellert, CEO of Rapid Ratings, a financial health ratings firm.

  • GOOGL Stock: Earnings Spell Success for Alphabet U.S.News & World Report - Fri, Jul 29, 2016 6:44 AM AEST

    Technology company Alphabet, best known for its ubiquitous search engine Google (GOOG, GOOGL) that has a dominating market share of the internet, thrilled Wall Street on Thursday by reporting earnings that topped analysts' most lofty expectations. Alphabet reported second-quarter revenue of $21.5 billion and earnings per share of $8.42, an increase of 21 percent from the same quarter a year ago. Wall Street had expected earnings of $20.76 billion and EPS of $8.03.

  • Should You Buy Your College Student a Condo or House? U.S.News & World Report - Fri, Jul 29, 2016 6:13 AM AEST

    As your son or daughter is looking at college costs, you see how big the bill will be to live in a dorm -- an average of $10,138 to $11,516 annually for room and board, according to the College Board. While it's not the right move for every parent, some actually do buy their children a condo or home to live in while they're college students. "On paper, it's a lovely strategy," says Beth V. Walker, a certified college planning specialist with the College Funding Coaches and a financial planner with The Wealth Consulting Group in Colorado.

  • Keep Your Money Goals on Track With a Midyear Financial Checkup U.S.News & World Report - Fri, Jul 29, 2016 5:07 AM AEST

    Fantasizing about reaching your financial goals is easy. More than one-third of Americans considered a financial resolution for 2016, according to a telephone survey of more than 2,000 Americans by Fidelity Investments. "I do think a midyear financial checkup is a great idea because, hopefully, Americans are slowing down a bit," says Pamela Sandy, a certified financial planner and president of the Financial Planning Association.

  • Chipotle Is Opening a Burger Chain Called Tasty Made, Because of Course U.S.News & World Report - Fri, Jul 29, 2016 4:55 AM AEST

    In yet another turnaround move, Chipotle Mexican Grill (CMG) is opening a burger restaurant in Lancaster, Ohio called "Tasty Made," reports Bloomberg. The fast casual chain started talking about this idea back in March and was looking to trademark it as "Better Burger," though now that's not happening. The restaurant chain is clearly trying everything it can to return to customers' good graces after recent foodborne illnesses, between giving free food away earlier this year, its new summer rewards program and a Backstreet Boys-tinged video (that closes with a reminder of said summer rewards program).

  • Making the Grade: 3 Tips to Save Big on Back-to-School Shopping U.S.News & World Report - Fri, Jul 29, 2016 4:40 AM AEST

    According to the National Retail Federation, the average family with children in grades K-12 planned to spend $630.36 on electronics, apparel and other school needs in 2015 while total spending was expected to reach $24.9 billion.

  • 7 Ways Military Members Can Save Money When Moving U.S.News & World Report - Fri, Jul 29, 2016 3:29 AM AEST

    "I moved nine times in 19 years," says Carlos Perez, assistant secretary with the American Armed Forces Mutual Aid Association. Jim Brown, a real estate agent with Redfin and army veteran, says his company is also seeing an uptick in military members moving from overseas to a permanent duty station. The most important money-saving decision a military member can make happens before the first box is even packed.

  • Everyday Discounts Military Personnel May Be Overlooking U.S.News & World Report - Fri, Jul 29, 2016 1:53 AM AEST

    To honor the sacrifices made for our country, there are countless discounts and savings available to thank U.S. active and veteran military personnel. You can easily find military discounts at many restaurants and even clothing stores, but did you know about the savings available at major technology retailers? The Apple store offers a military discount program to current and retired military members and their families for price cuts on certain products.

  • 10 Best Places to Live for Foodies U.S.News & World Report - Fri, Jul 29, 2016 1:00 AM AEST

    Some of America's best culinary scenes are in cities you might not expect. American cuisine used to revolve around a few culinary hot spots, typically in major metro areas like New York City and Chicago. The biggest cities had far more variety, high-end fine dining and global options than smaller metros could offer.

  • 10 Top Things to Do in the Most Fun Places to Live U.S.News & World Report - Fri, Jul 29, 2016 1:00 AM AEST

    Wine and dine in Santa Rosa, California. The Rock and Roll Hall of Fame and Museum features numerous exhibits and displays that celebrate top rock 'n' roll musicians, such as the Beatles, Jimi Hendrix and the Rolling Stones.

  • Methodology: What Makes a Place Fun to Live In? U.S.News & World Report - Fri, Jul 29, 2016 1:00 AM AEST

    In May, using Google Consumer Surveys, which targets general internet users in the U.S., we asked people across the country to tell us which leisure amenities are the most desirable: parks and outdoor recreation, restaurants, shopping venues, museums and other attractions, theaters and live music venues, professional sports, or bars and nightlife.

  • 10 Most Fun Places to Live if You Love the Outdoors U.S.News & World Report - Fri, Jul 29, 2016 1:00 AM AEST

    When asked to picture America's great outdoors, most people will conjure images of the expansive national parks or the craggy Pacific coastline, or the jagged Rocky Mountains that act as Denver's backdrop or the arid desert that surrounds Phoenix. Most people wouldn't necessarily picture Fresno, California. Fresno residents benefit from access to three fairly large regional parks, including the highly praised Woodward Park.

  • The 30 Most Fun Places to Live in the U.S. U.S.News & World Report - Fri, Jul 29, 2016 12:59 AM AEST

    Where should you live to guarantee a good time? When you think about moving to a new city, it's not just the job opportunities and affordability that come into play -- you also want to be sure you'll enjoy ...

  • Changing Jobs? Don't Forget About Your Retirement Plan. U.S.News & World Report - Fri, Jul 29, 2016 12:58 AM AEST

    One thing that can be easily overlooked during the transition is your retirement plan. If you are making a change in your work life, there are five important things you should think about with regards to your retirement savings. Think about what you want to do with your retirement account.

  • 6 Overlooked Mistakes That May be Costing You an Interview U.S.News & World Report - Fri, Jul 29, 2016 12:56 AM AEST

    When we submit a resume for a position, for better or worse, we are being judged on much more than the merit of our work experience. Some of them may not even be readily classifiable as mistakes, but are major issues that make identifying your resume and tying it to you more difficult. What is the file name of your resume?

  • This Olive Garden Employee's Gesture Will Make You Cry U.S.News & World Report - Fri, Jul 29, 2016 12:05 AM AEST

    A little kindness went a long way in an seemingly random venue: an Olive Garden in Little Rock, Arkansas, reports NBC4. Dallas French, a mother, went to the Olive Garden so she could feed her baby daughter Ellees. Ellees just had tests done at a hospital close to Little Rock.

  • Oil ETFs: 8 Ways to Invest in Black Gold U.S.News & World Report - Fri, Jul 29, 2016 12:04 AM AEST

    The most direct way to invest in oil, however, is futures, which can be far more volatile than stocks, and typically requires a lot more money to buy in. While they're far from perfect, one-for-one investments in oil, they provide investors with easy-to-purchase access to gains in black gold. In this case, USO attempts to track the spot price of West Texas Intermediate oil -- a light, sweet crude oil delivered to Cushing, Oklahoma.

  • Weigh 3 Factors When Making a Law School Budget U.S.News & World Report - Thu, Jul 28, 2016 11:00 PM AEST

    As a student at the Wiggins School of Law at Campbell University in North Carolina, Christopher Brown must study topics that are a core part of most J.D. programs, such as criminal law and constitutional law.

  • 6 Facts to Know About Reverse Mortgages U.S.News & World Report - Thu, Jul 28, 2016 11:00 PM AEST

    With baby boomers aging and retirement portfolios dwindling due to withdrawals and low returns in the stock market, some retirees may consider a reverse mortgage. Unlike a conventional mortgage where a homeowner pays off the loan's principal and interest to eventually own the home, a reverse mortgage allows the homeowner to cash out some equity via a loan, with the interest accruing against the total equity. Reverse mortgages are available to people at least 62 years old.

  • Facebook: Earnings Catapult FB Stock to All-Time Highs U.S.News & World Report - Thu, Jul 28, 2016 6:50 AM AEST

    Social media giant Facebook (FB) crushed earnings, revenue and active user expectations on Wednesday, catapulting the stock as much as 7 percent higher as Facebook continued its already impressive winning streak and reached another all-time high. Going into the second-quarter earnings report, FB stock was up 30 percent in the last year and more than 17 percent in 2016, so shareholders will continue to enjoy big returns from the social media darling after another blowout quarter. In sharp contrast to Twitter, which grew monthly active users (MAUs) by just 3 percent to 313 million, Facebook grew MAUs by 15 percent to 1.71 billion last quarter.