Financial News from US News & World Report

  • The Price of Looking Youthful US News - 11 hours ago

    On the cover of the book she recently co-authored with her son, Gloria Vanderbilt appears poised and confident. Vanderbilt, who told "The Telegraph" in 2004 that she had plastic surgery, is one of countless people taking advantage of cosmetic procedures to hide the signs of aging. The easiest way to take years off could be to color grey hair.

  • A Guide to Refinancing or Consolidating Your Student Loans US News - 12 hours ago

    The Federal Reserve Bank of New York estimates that Americans owe $1.2 trillion in student loans. Of course, if you are lugging around student debt, your personal numbers are likely what frighten you the most, especially if you're struggling to keep up with your payments. Which is why you may have found yourself wondering if you should refinance or consolidate your student loans.

  • 8 of the Most Incredible Investments of the 21st Century US News - 13 hours ago

    While that's a fact of life as old as "buy low, sell high," new forces shape the market in the 21st century like never before. Here we look at 8 stocks that have had some incredible runs in the 21st century. "Facebook's massive user base of more than 1.5 billion monthly users provides an almost impenetrable advantage over its competitors," says Rahul Shah, CEO of Ideal Asset Management, based in New York.

  • 10 Things You Must Do Before Buying a New Construction House US News - 14 hours ago

    Buying a newly built home provides some exciting options that may not be available to you when purchasing an existing home, such as the ability to choose the exact kitchen cabinets, flooring and even floor plan you want. Start with studying the community carefully, says Angie Hicks, founder of AngiesList.com, which provides referrals and reviews of service providers. "There's no harm in actually visiting the community and talking to neighbors," says Maria Wilhelm, vice president of sales for the Illinois division of the PulteGroup, a national homebuilder.

  • Don't Go Broke as a Bridesmaid (or Groomsman) US News - 14 hours ago

    Last week, American Express released new survey results revealing how much Millennials are spending on weddings -- and the numbers are staggering. When compared to the average American, who will attend three weddings this year and spend about $700 per event, Millennials will pay about 27 percent more, racking up nearly $900 for each wedding. Often nuptials can stretch to an entire weekend of events, rather than just one evening.

  • AAPL: What to Do Now With Apple Stock? US News - 14 hours ago

    By now, any investor with a passing interest in Apple (AAPL) stock is well aware that the company just reported its worst showing in more than a decade. Apple's stock has already been riding a roller coaster for the past year, topping at nearly $133, dropping 30 percent to $92 and then rallying again to nearly $124. Then after its most recent earnings report was a disaster, Apple fell again by 8 percent.

  • How and Where to Network as a Military Spouse US News - 15 hours ago

    It may just be that you need to reframe how you think about events and let yourself be open to opportunity should it come your way. Promote your professional side ... immediately. Don't be afraid to immediately talk about your professional side and tell the person about the job you want.

  • How to Beat Jet Lag US News - 15 hours ago

    Let's face it: Diagnosing the symptoms of jet lag isn't difficult, especially if you traverse different time zones often. Take it from Heather Poole, a flight attendant at a major carrier and author of " Cruising Attitude: Tales of Crashpads, Crew Drama, and Crazy Passengers at 35,000 Feet." According to Poole, "Nobody beats it. You just deal with it as best you can." While there's no secret remedy for curing jet lag, it helps to understand the factors that impact your degree of jet lag so you can minimize its effects.

  • 8 Investing Lessons From NFL Players US News - 15 hours ago

    Plenty of stories have circulated about NFL athletes who are bankrupted two years after they retire, or undergoing financial stress. "Every athlete is essentially an entrepreneur," says former NFL linebacker Dhani Jones, who now owns a Cincinnati-based private equity company. "And if you've sold it for a lot of money, now you've got a really amazing parachute, that's huge and will never hit the ground," says Jones, who recently spoke at the Collision tech conference in New Orleans.

  • 3 Reasons Not to Try Shorting Stocks US News - 16 hours ago

    Recently, "The Big Short" won an Oscar for its adaptation of the best-selling book chronicling how a handful of Wall Streeters made millions betting against the housing market before the financial crisis. "Movies like that show the extreme of winning," says Jeff Powell, managing partner at Polaris Greystone Financial Group, a registered investment advisor in San Rafael, California. It's true that short selling can enhance returns, and hedge funds use the strategy to their benefit, says Albert Brenner, director of asset allocation strategy with the wealth management division of People's United Bank in Bridgeport, Connecticut.

  • How to Move to Your New Home for Under $500 US News - Thu, May 5, 2016 3:37 AM AEST

    Moving.com, an online real estate and moving service provider, estimates a full-service move -- meaning a moving company takes care of loading, transporting and unloading -- in Austin, Texas, could cost as little as $640 for a studio and as much as $4,440 for a four-bedroom home. Relocating from Dayton, Ohio, to Austin starts at $1,794 for a studio and goes as high as $13,512 for a four-bedroom home, according to Moving.com.

  • The 10 Best Energy ETFs for an Eventual Bounce US News - Thu, May 5, 2016 2:39 AM AEST

    If you're an investor in energy stocks and exchange-traded funds, low gas prices are a growing ulcer. Despite a 2016 rebound, oil prices are off 60 percent from June 2014 highs, and major energy indices are off by 30 to 60 percent. While the potential for higher oil prices looks slim in the short term in the wake of a failed meeting in Doha, Qatar, the pressure is growing among oil-producing countries to lower output.

  • 7 Weird Ways to Stay Cool This Summer US News - Thu, May 5, 2016 12:35 AM AEST

    If you're worried about rising energy bills as we head into summer, don't overlook alternatives to air conditioner and fans for staying cool. You may be able to save some money this upcoming season with ...

  • 5 Things to Consider Before Buying a Home in Retirement US News - Wed, May 4, 2016 11:58 PM AEST

    Downsizing to a less expensive home during retirement can improve your finances. How will a monthly mortgage payment affect your retirement budget? Consider how taking on a new home will affect your retirement cash flow.

  • 4 Great Value Stocks for a Hot Market US News - Wed, May 4, 2016 11:34 PM AEST

    Rather than being concerned with the last quarter's earnings, value investors wish to invest in companies that have displayed a long-term (10 years or more) history of growing their businesses. In his book "One Up on Wall Street," famed value investor Peter Lynch says a company was fairly valued when its price-earnings ratio equaled its historic EPS growth rate. Although the above are by no means an all-inclusive shopping list for value investors, they do form a useful starting point to screen for good value stocks.

  • 6 Affordable Mental Health Care Service Options US News - Wed, May 4, 2016 11:28 PM AEST

    The good news is that seeking help for mental health issues isn't as taboo as it once was. In fact, 45.7 percent of Americans with an unmet need for mental health services cited cost as a top reason for not receiving treatment, according to a 2011 report from the Kaiser Commission on Medicaid and the Uninsured. "A lot of [providers] don't take insurance, and the ones that do are pretty backed up, so it's going to be a couple months' wait to get in to see somebody," says Mike Frazier, a psychiatrist who's finishing up his residency at UC Irvine in Orange County, California.

  • How to Invest in Bottoming Commodities US News - Wed, May 4, 2016 11:24 PM AEST

    Barclays says the low the Bloomberg Commodity index put in during January's selloff matched the all-time lows last hit in 1999, and since then the index has risen. Investor interest is back in the commodity sector as assets under management for the precious metals, base metals, energy and agriculture markets are rising so far for 2016. There's a sense among commodity-market watchers that natural resource prices have put in a bottom, but the sharp rally has made valuations pricey for the time being.

  • 5 Ways to Sell Your Los Angeles Home Fast US News - Wed, May 4, 2016 11:00 PM AEST

    In Los Angeles, that means many renters and prospective home buyers are looking to make a move in time for some summer grilling and patio chilling. "Buyers are looking for great outdoor space," says agent Tami Pardee of Pardee Properties in Venice, California. "Especially in Los Angeles, outdoor living is really part of the lifestyle.

  • How to Use Social Security After the File-and-Suspend Rule Ends US News - Wed, May 4, 2016 11:00 PM AEST

    Upon reaching full retirement age, typically 66, the beneficiary could file to claim Social Security, but then immediately suspend it, or ask to stop receiving the regular monthly income. Having filed, he made his spouse eligible for a "spousal benefit" that was half of the beneficiary's benefit. The spouse's own benefit -- the one she'd earned by working, not as a spouse -- would also grow because she postponed taking it as well.

  • 'Payback Playbook' Among New Web Tools for Student Loan Borrowers US News - Wed, May 4, 2016 11:00 PM AEST

    The move is a part of the Department of Education's initiative to enroll an additional 2 million student loan borrowers into a repayment plan such Pay As You Earn and other income-based repayment plans. Around 70 percent of student borrowers who are in default would qualify for one of the available income-based repayment plans, according to the U.S. Government Accountability Office. For federal Stafford, PLUS and consolidation loans, collection costs can run as high as 24 percent unless the borrower consolidates out of default and rehabilitates the loans.

  • Warning: ATM Fraud Is on the Rise US News - Wed, May 4, 2016 2:09 AM AEST

    ATM skimming is on the rise, jumping 546 percent between 2014 and 2015, according to a recent report from the analytics software company FICO. Just how much money gets stolen annually via this route is hard to pinpoint, but some industry estimates suggest that as much as $2 billion a year may be lost to ATM skimming. For those who aren't aware, ATM skimming is the process of stealing debit card information -- even PIN numbers -- via electronic reading devices covertly affixed to ATMs.

  • 9 Killer Resources for Inexpensive Recipes US News - Wed, May 4, 2016 12:57 AM AEST

    One of the biggest budget line items for families is food. Simply putting a meal on the table for the whole family, whether there are two, five, 10 or even just one of you, can really add up over time. The average American family is estimated to spend nearly $4,000 a year on food eaten at home, plus an additional $2,600 a year eating out, and that eats into a very significant portion of a family's monthly budget.

  • 3 Ways to Inspire Your Employees or Co-Workers US News - Wed, May 4, 2016 12:32 AM AEST

    Sometimes our team members or employees give us that boost and other times, we need to provide that boost to them. It especially falls upon us as leaders to look after the needs and well-being of our employees, and motivate them when they just aren't feeling it. Maslow's hierarchy of needs, a theory proposed by the psychologist Abraham Maslow in 1943, states that when the basic needs of a person are taken care of, they are more able to succeed and reach for greater goals.

  • The Best Energy Stocks to Buy for 2016 US News - Tue, May 3, 2016 11:49 PM AEST

    Many energy stocks have been pummeled as plunging crude oil prices ate up profit margins across the sector. Crude oil prices have tumbled to near $45 per barrel, down from more than $100 in 2014, pressured by a global oil glut and weak demand. The supply/demand balance may finally be nearing a tipping point, and better crude oil prices could lie ahead, bullish analysts say.

  • How Corruption Affects Retirees Overseas US News - Tue, May 3, 2016 11:45 PM AEST

    Corruption occurs in many of the places overseas where I have lived or traveled. This is why corruption can and does have an effect on the personal life of a retiree overseas. In my experience in Latin America, countries with high corruption levels are the countries where you have to lock your car doors, count your change at the register and be careful that you're not being overcharged.

  • 4 Ways to Stay True to Yourself When Searching for a Job US News - Tue, May 3, 2016 11:03 PM AEST

    Prince has left behind a legacy of incredible creativity, music and memories. Advice he offered back in 1982 rings true today, and has special applicability for job hunters: "The most important thing ...

  • Corporate Bonds Point to Continued Economic Growth US News - Tue, May 3, 2016 11:00 PM AEST

    The corporate bond market has some good news for us. It's a message that is in stark contrast to the bearish sentiment that emanated from Wall Street during the first few weeks of the year, and it has implications for the type of stocks and other securities which will do well going forward. Credit spreads are falling.

  • 10 Colleges With the Highest Tuition for In-State Students US News - Tue, May 3, 2016 11:00 PM AEST

    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 ...

  • How Real Estate Adds to Retirement Income US News - Tue, May 3, 2016 11:00 PM AEST

    When it comes to retirement, multiple streams of income may be the magic phrase. For those looking to beef up their retirement income stream, real estate investing is another option to consider. Investors willing to pull up their sleeves and invest time along with money may find real estate could be another pipeline toward the multiple streams of income that we all desire.

  • 401(k), Roth or SEP: Which Retirement Plan Is Best for You? US News - Tue, May 3, 2016 11:00 PM AEST

    If you're worrying about what type of retirement plan is best for you, you're not alone. Pension plans are becoming less and less common, and Social Security as it stands today is essentially doomed to fail unless it undergoes some major systemic changes. With recent studies showing that the median working-age American couple has just $5,000 saved for retirement, it's essential that we figure out better ways to save for our golden years.

  • 10 Tips for Changing Your Tickets (or Postponing Your Trip) US News - Tue, May 3, 2016 6:40 AM AEST

    If you're concerned that you'll need to change your flight down the road, pick an airline that waives change fees should you need to modify your departure date. George Hobica, founder of Airfarewatchdog.com, highlights Frontier Airlines, Southwest Airlines and Alaska Airlines as ideal carrier choices to dodge sky-high change fees, which can cost $200 for domestic flights and $500 for international routes, depending on the carrier, route and fare purchased. Interestingly, Frontier Airlines' "The Works" bundled fare option gives travelers free checked baggage, complimentary seat selection and the opportunity to fully refund their ticket (as long as travelers do so 24 hours in advance) for purchasing a $49 package, Hobica explains.

  • 10 Costs You Can Eliminate in Retirement US News - Tue, May 3, 2016 2:12 AM AEST

    Lower expenses Many retirees are tempted to spend more money on leisure activities in retirement . Health care costs also tend to increase as people age. But there are many costs that decline in retirement ...

  • 5 Best Ways to Pay Down Student Debt US News - Tue, May 3, 2016 12:53 AM AEST

    Here's a fun fact: The average undergraduate student will graduate with $28,973 in loans, according to Edvisors, a group that advises students and parents about paying for education. In the U.S., student debt has risen to $1 trillion, per the Federal Reserve Bank of New York, with nearly $864 billion in federal student loan debt. As if those stats weren't enough, Americans are racking up student loan debt at a rate of $2,726 a second, according to a debt clock from StartClass, which calculates debt in real time and provides education research.

  • 5 New Retirement Account Rules You Need to Know About US News - Tue, May 3, 2016 12:38 AM AEST

    Contributing to a retirement account qualifies you for tax breaks and sometimes employer contributions. A new perk retirement accounts will soon have is a legal requirement for unbiased investment advice. Beginning in April 2017, a financial professional who makes investment recommendations to you about your 401(k) or IRA will be legally required to provide advice that is best for your situation, not the funds that provide the most compensation to the advisor.

  • Tesla Motors Leads 5 Big Tech Earning to Watch This Week (TSLA) US News - Mon, May 2, 2016 11:47 PM AEST

    Wall Street's first-quarter earnings season is starting to turn away from technology and toward a few other sectors, but the last gap for tech includes a few well-known and volatile names, providing the potential for another week of sizable moves. Amazon.com (AMZN) skyrocketed to end last week after blowing the door off Wall Street expectations. Tesla is expected to report earnings after the bell on Wednesday, but while you can always count on Tesla to react strongly to any sort of news, the biggest fireworks for the first quarter have already come and gone.