Financial News from US News & World Report

  • How to Build a Fidelity Portfolio With ETFs US News - 7 hours ago

    Save on commission fees with this portfolio. One of the most common pieces of advice you'll get when it comes to exchange-traded funds is to go cheap. Low-cost index funds will typically outperform active ...

  • How Medicare Part D Has Changed in 10 Years US News - 9 hours ago

    Retirees gained the option to purchase prescription drug coverage through Medicare Part D in 2006. Since then, 24 million people have enrolled in prescription drug plans, and there have been several important changes to the program, according to a new Kaiser Family Foundation report. Here's how Medicare Part D has changed in 10 years.

  • How to Help Your Aging Parents When Money Is Tight US News - 13 hours ago

    You've probably heard of " the sandwich generation," which describes adults who are both taking care of their kids and providing assistance to their elderly parents. You could enlist your parents' neighbors or nearby family members to help out and head off problems, suggests Meghan Orner, a marketing coordinator with, a medical alert systems company. In that case, you may want to hire a certified geriatric care manager.

  • How to Invest in Commercial Real Estate With REITs US News - 13 hours ago

    For the average small real estate investor, outright ownership of an office building, a local shopping center, a warehouse, or even an apartment complex is a dream that will go unrealized. However, there is an investment vehicle that does allow smaller investors to participate in the commercial marketplace by buying an interest in those property types, without the hassle of daily management responsibilities, while providing great potential for a passive income. Those vehicles are known as real estate investment trusts (or REITs).

  • 5 Reasons Women Need to Save More for Retirement Than Men US News - 13 hours ago

    If you feel like men have an unfair advantage when it comes to retirement, you may be on to something. Financial experts say women have a slew of factors working against them when it comes to saving enough money for retirement. "We're living longer, spend less time in the workforce and, on top of that, we have a gender pay gap," says Deborah Graver, senior advisor and partner at Signature Financial Planning in Pittsburgh.

  • Preparing for Retirement with a Disabled Child US News - 13 hours ago

    Planning for retirement is complicated, no matter what your situation. If your child will never be completely independent, you need to plan for not only your own retirement, but for your child during your retirement years and after. Your best bet is to consult with an experienced financial planner who can give you advice specific to your situation.

  • Why Tiny House Living Isn't Always the Frugal Choice US News - 14 hours ago

    For those of you still unfamiliar with the concept, it's a house that is 500 square feet or less in size. According to the American Enterprise Institute, the average house size has increased more than 1,000 square feet from 1973 to 2013. A starter home for a couple or small family doesn't need to be nearly 3,000 square feet.

  • 4 Ways Rising Interest Rates Will Affect Your Investments US News - 14 hours ago

    The $64,000 question, of course, is when will the Federal Reserve start the first cycle of interest rate hikes since 2006? Investors have become accustomed to an environment of low interest rates. The Fed has kept its official interest rate near zero since December 2008 to support economic growth and bolster the U.S. economy in the wake of the global financial crisis.

  • How to Handle Personal Calls at Work US News - 14 hours ago

    The problem is not just the possibility of violating company policy regarding the use of phones or texting during meetings, but also the lack of professionalism you may portray by inappropriately using your phone. Check company policy, but also follow common courtesy. Does your boss have an opinion about personal phone calls or bringing cellphones into meetings?

  • 5 Tips for Starting a Small Business in College US News - 15 hours ago

    It started as a class assignment: Write a business plan for a company you'd actually want to start. Leigh Ann Tona, then a senior at the University of Delaware, dreamed up I Don't Give a Fork -- a food truck that's all about forkless fare. Tona opened for business in September 2012, four months after she graduated with a degree in business management.

  • How to Plan a Frugal Family Road Trip This Fall US News - Fri, Oct 9, 2015 4:29 AM AEDT

    "The best availability and pricing are available to those who plan ahead," says Julie Hall, a spokeswoman for AAA Travel. "If you're planning to travel to the theme parks or beach destinations, oftentimes those destinations will lower those rates during the fall," she explains. Plus, traveling by car is still more cost-effective than flying, with national gas prices averaging $2.34 per gallon last month, down from $3.39 in September 2014, according to an October AAA Travel report.

  • Is It Finally Time to Get Rid of Your Landline? US News - Fri, Oct 9, 2015 4:12 AM AEDT

    People have been dumping their landlines for years now, but if you're still hanging onto yours, you aren't crazy. Con: Landlines can be expensive. According to, the average cost for a landline is $15 to $30, which may not sound like much, but that's for basic service.

  • 7 Things Fund Managers Ask Company Managers US News - Fri, Oct 9, 2015 2:57 AM AEDT

    Oh, to be a fly on the wall when fund managers grill company executives. Thanks to archived recordings of management discussions with analysts and the media, you can listen to the investor relations version of podcasts all day. The most important thing is evidence that supports or contradicts the model analysts have already constructed about the company, says Montieth Illingworth, president of Montieth & Company, a New York investment relations communication consulting firm.

  • Is an Open House Still a Must-Do Step When Selling Your Home? US News - Fri, Oct 9, 2015 2:49 AM AEDT

    Shortly after a house goes on the market, the listing agent will set aside a Sunday afternoon to welcome prospective buyers (plus nosy neighbors) to see the house at its best. Some agents believe modern life has rendered open houses unnecessary, while others believe they are more important than ever. "It's very, very important you have open houses, especially the first few weeks when [the home is] on the market," says Steven Aaron, head of the Steven Aaron Realtor Group at Keller Williams Beverly Hills.

  • Open Enrollment 2015: What Medicare Beneficiaries Need to Know US News - Fri, Oct 9, 2015 1:48 AM AEDT

    Medicare beneficiaries may have noticed their mailboxes are filling with brochures and packets from health insurance companies. From Oct. 15 through Dec. 7, Medicare beneficiaries have the opportunity to change their coverage and can choose from original Medicare (provided directly by the government) or Medicare Advantage (offered by private health insurance companies). In addition to switching their health care plan, beneficiaries can change Part D plans which provide prescription drug coverage.

  • Should You Join an Investment Club? US News - Fri, Oct 9, 2015 1:17 AM AEDT

    "Investment clubs are a great tool when learning how, what and where to invest," says Mike James, chief financial officer of Terra Tech Corp. (TRTC), a cannabis-focused agricultural company. Yet it's also possible that club members, in an attempt to aggregate their knowledge, also unwittingly pool their ignorance -- especially when it comes to dotting the investment i's and crossing the trading t's. "The pitfalls are like those with any other group or organization -- when your group isn't organized, when the members have conflicting interests and when clubs are formed loosely without formal rules," says Winnie Sun, managing director and founding partner of Sun Group Wealth Partners in Irvine, California.

  • How to Save $200 More Per Month US News - Fri, Oct 9, 2015 12:45 AM AEDT

    You might be able to negotiate lower rates for services you use and significantly cut the costs of your purchases through the strategic use of coupon codes. You can even get paid to shop by using an online shopping portal and cash back credit card. Many service providers are working in business models that reward new (and noisy) customers.

  • 5 Things Americans Want From Tax Reform US News - Fri, Oct 9, 2015 12:30 AM AEDT

    The overarching theme appears to be equality -- or, perhaps more accurately, a lack thereof. From worsening income inequality to marriage and gender rights, the notion of fairness -- financial fairness, in particular -- has pervaded the public and political discourse. We're certainly going to hear a lot about the changes advocated by presidential candidates in the coming months, but it's fair to wonder: What do we, the people, want to see from tax reform?

  • How to Protect Yourself While Holiday Shopping US News - Fri, Oct 9, 2015 12:25 AM AEDT

    The busy holiday shopping season is nearly underway, so now is an ideal time to brush up on the safest ways to shop. In an increasingly digital world, there are precautions you can take to keep your personal information safe, secure and confidential. Consider these tips as you prepare to shop in stores, online or on your mobile device in the coming months.

  • Expand Career Options With a Graduate Degree in Math US News - Fri, Oct 9, 2015 12:00 AM AEDT

    Graduate school has long been a popular choice for people wanting to elevate their careers, but the number of students enrolling has recently jumped. It had a 21.3 percent increase in first-time graduate enrollment between 2013 and 2014, the report states. With high demand for skilled professionals in the tech industry, it's easy to see the appeal of studying computer science.

  • 12 Shopping Tricks to Keep You Under Budget US News - Thu, Oct 8, 2015 3:10 AM AEDT

    Here are a dozen shopping tricks from the pros, all of whom contribute to the U.S News Frugal Shopping blog. Sometimes those discounts are obvious, like back-to-school supplies in August, but other times they are more subtle, like the time between back-to-school and holiday shopping season when plants and jeans tend to be on sale.

  • Big Reasons Not to Buy a House US News - Thu, Oct 8, 2015 2:40 AM AEDT
    Big Reasons Not to Buy a House

    At least, that's what everyone is told -- by the government, by Hollywood, by our friends and family. You get the wrong landlord and some lousy neighbors in an apartment building, and anyone might quickly want their own house. If you feel time is money, you could wind up utterly broke once you factor in all the time it takes to keep up the maintenance.

  • You're New, and Your Job Is 1,000 Miles Away. Now What? US News - Thu, Oct 8, 2015 2:11 AM AEDT

    For many telecommuting employees, being out of sight can often mean they're out of mind among their in-office colleagues -- a setup that's not exactly conducive to building team camaraderie. Here's a suggestion from Brie Reynolds, career advisor and director of online content at the professional job website FlexJobs, which offers telecommuting opportunities: Speak up to your manager. Proactively ask about these specifics, says Debra Dinnocenzo, author of "Working From a Distance: Being Your Best When You're Not With The Rest" and president of VirtualWorks!, a company that helps employees and organizations work well in the virtual workplace.

  • Which Company Retirement Plan is Right for My Startup? US News - Thu, Oct 8, 2015 1:43 AM AEDT

    He read about a pension plan, a Simplified Employee Pension (SEP) IRA, a Savings Incentive Match Plan for Employees (SIMPLE) IRA, a 401(k), a Roth 401(k) and profit-sharing plans. While he was able to evaluate different features of each plan option, he struggled to determine what the right plan was for his business. We discussed the outlook for the business, plans to attract and retain talent, and the benefits of establishing a company retirement plan for his employees.

  • 5 Perks of Improving Your Finances US News - Thu, Oct 8, 2015 12:50 AM AEDT

    Financial freedom starts to enter your life before you are fully independent financially. Reaching financial freedom can take years of disciplined saving, but you get to reap the rewards long before you officially retire.

  • 5 Ways to Identify Your Ideal Second Act Career US News - Thu, Oct 8, 2015 12:45 AM AEDT

    If you're thinking about working during retirement, the choices surrounding how, when and where you work can feel both exhilarating and overwhelming. While there is no one-size-fits-all solution, you might find it helps to identify your lifestyle goals before deciding what you will do for your second act career. To help you better understand your retirement lifestyle vision, here are five key questions to consider.

  • How to Navigate Columbus Day Sales US News - Thu, Oct 8, 2015 12:24 AM AEDT

    Nestled between Labor Day and Halloween is an event rife with controversy, depending on your opinion of Christopher Columbus. Louis Ramirez, senior features writer for DealNews, sees Columbus Day as a good opportunity to pick up select items for less. "It's easy to overlook Columbus Day, but this small October holiday has some excellent deals if you play your cards right," he says.

  • Crucial Money Moves Stay-at-Home Parents Should Make US News - Thu, Oct 8, 2015 12:00 AM AEDT

    When parents opt out of the workforce to take care of their children, they forgo income and often stop saving for retirement, too. A report released by the Transamerica Center for Retirement Studies last month titled "Homemakers Are Not Off the Hook" found that among 1,600 stay-at-home parents and family caregivers surveyed globally, most said they planned to rely on the income of their spouse or partner during retirement. Fewer than half said they were currently saving for retirement, and around half said they lacked any kind of retirement strategy.

  • 8 Ways to Save Money on an Engagement Ring US News - Thu, Oct 8, 2015 12:00 AM AEDT

    If you're planning a special proposal for the holiday season, now is the perfect time to start shopping for that engagement ring. Don't worry about what other people spend on their engagement rings. Plus, the value of your relationship cannot be measured by how much you spend on an engagement ring.

  • How to Invest in America's Farmers US News - Thu, Oct 8, 2015 12:00 AM AEDT

    Midwestern farmland is about as far away from Silicon Valley as can be, but agricultural technology is addressing some big challenges that farmers will face in the coming years, such as climate change and feeding a growing global population. The technology industry has now discovered agriculture, and some big names are funding startup projects. This May, Google Ventures became a leading investor in a big data company called the Farmers Business Network.

  • Prepare for the Hidden Costs of Earning a Degree Overseas US News - Thu, Oct 8, 2015 12:00 AM AEDT

    While a graduate student at King's College London, Chelsea Dickson saw cost as a major driver in her decision to attend. For U.S. students tempted to earn a degree abroad, lower costs can be a major selling point. Some international schools charge less in tuition and fees than American institutions, and others require less time to complete a degree.

  • 5 Tips for Moving in the Fall US News - Wed, Oct 7, 2015 11:55 PM AEDT

    While the fall season isn't as frugal as winter, you can avoid snowy conditions and inclement weather. Moving truck rates are all about supply and demand. Depending on how much stuff you have and what you want to take from your old place, you may not need a moving truck at all.

  • No Kids? You're Not Off the Hook for Financial Planning US News - Wed, Oct 7, 2015 3:27 AM AEDT

    Most financial planning for people in their 30s and 40s follows a fairly standard checklist: Save for retirement . Sock away funds for kids' college tuition. Build an emergency account. With the U.S. Department ...

  • 13 Hacks to Winterize Your Home -- and Trim Your Heating Bill US News - Wed, Oct 7, 2015 2:50 AM AEDT

    The good news is that winter weather in much of the country is expected to be milder than last year's frigid conditions, and heating costs are also projected to be lower, according to a report from the U.S. Energy Information Administration. "A lot of time we're generating energy that we're sending out into the air," says Marianne Cusato, the housing advisor for and an associate professional specialist at the University of Notre Dame School of Architecture.

  • Top Fall Escapes in the Southwest US News - Wed, Oct 7, 2015 2:40 AM AEDT

    With cooler temperatures, colorful fall foliage and affordable shoulder season rates, autumn is an ideal time to travel. Whether you want to admire art in Albuquerque or immerse yourself in dramatic red-rock formations in Sedona, a trip to the American Southwest offers an enticing alternative to a traditional, cookie-cutter fall getaway in New England. Consider a stay at the luxurious Omni Rancho Las Palmas Resort & Spa, where you'll find a kid-friendly pool with amenities like a 2-acre water park, a lazy river and waterslides.