Financial News from US News & World Report

  • What Millennials Want From a Bank U.S.News & World Report - Sat, Dec 3, 2016 4:40 AM AEDT

    As the youngest and largest generation, millennials are making their mark on society. From trading taxis for Uber rides to delaying marriage and home ownership, young adults are turning many conventions on their head. "Core expectations are the same, but the way millennials interact with banks is very different," says Matthias Goehler, senior vice president and head of industries at the e-commerce solutions company SAP Hybris.

  • Which Americans Are Shut Out of the Affordable Care Act? U.S.News & World Report - Sat, Dec 3, 2016 4:35 AM AEDT

    As the deadline for enrolling in an Affordable Care Act marketplace insurance plan approaches on Dec. 15, some people are finding themselves left out. Since the ACA went into effect in 2013, more than 20 million additional Americans have been able to buy health insurance, cutting the rate of uninsured from 18.2 percent in 2010 to 10 percent in 2016, according to the Kaiser Family Foundation. Of the 27 million Americans under 65 still without health insurance, the KFF estimates that 5.3 million could get assistance paying for marketplace plans and another 7.5 million could buy plans at full price.

  • 5 Ways to Improve Your Cash Flow U.S.News & World Report - Sat, Dec 3, 2016 4:29 AM AEDT

    If you're constantly running out of money before your next paycheck arrives, you have a cash flow problem. If you're often looking for ways to improve your cash flow, try some of these tactics. Study your budget.

  • Should You Work With a Part-Time Real Estate Agent? U.S.News & World Report - Sat, Dec 3, 2016 4:24 AM AEDT

    When it comes time to select your real estate agent, whether you're buying or selling a home, you should have many questions regarding the agent's knowledge of the market, skills as a professional and ability to advocate for you as a client. Many in the industry recommend one particular question to pose in an interview: Do you work full time in real estate? Working full time in real estate doesn't guarantee better service, but fewer hours can be limiting for a profession that requires ongoing education, training and practice.

  • 9 Shopping Destinations Worth Traveling to This Holiday Season U.S.News & World Report - Sat, Dec 3, 2016 3:22 AM AEDT

    This year, consider slipping away to world-class fashion capitals to peruse high-end department stores, trendy boutiques and bustling markets. From tried-and-true locales (think: New York City, Paris and Los Angeles) to legendary holiday markets across the pond, there are plenty of places to unleash your inner fashionista and enjoy diverse shopping scenes and cultures. With the Mall of America, Minnesota certainly gives shoppers plenty of options.

  • Holiday Tips for the Recently Laid Off U.S.News & World Report - Sat, Dec 3, 2016 2:55 AM AEDT

    The holiday season can be a stressful, anxiety-inducing time of year, even for the gainfully employed. But for those who are recent victims of an organizational restructure or downsizing, the holidays ...

  • What Interviewers of Veterans Are Really Thinking U.S.News & World Report - Sat, Dec 3, 2016 2:34 AM AEDT

    Many job seekers enduring an interview find their minds wandering to the same question: What is the interviewer thinking right now? Regardless of her body language, voice tone, word choice or questions, the inner dialog of the interviewer seems a mystery to the applicant. It is common for a candidate to conclude that the interviewer "hated them" only to win the job, and other times for the candidate to feel as if he had made a new best friend only to fall out of contention.

  • 10 Home Maintenance Tasks to Check Off Your To-Do List Before Winter U.S.News & World Report - Sat, Dec 3, 2016 2:31 AM AEDT

    With the first frost of winter already upon many homes and fast approaching for others, you'll want to make sure your home is properly prepped for the season. Maintain a safe and healthy home by checking ...

  • 4 Must-See Winter Events in Quebec U.S.News & World Report - Sat, Dec 3, 2016 2:19 AM AEDT

    Quebecers embrace their winters with a certain "joie de vivre" and there's no better evidence of this than the spectacular winter carnivals that take place each year in Quebec City and Montreal. Qu ebec City hosts the world's largest winter carnival from the end of January to mid-February and Montréal en Lumière takes place from the end of February to mid-March. Visit one or both of these cities in 2017 to experience a winter wonderland like no other.

  • 3 Ways to Improve Your Money Mindset U.S.News & World Report - Sat, Dec 3, 2016 2:05 AM AEDT

    The cornerstone to building financial independence is to take cash and other resources from today and invest them for the future. Financial independence begins with the choice to defer your current wants in order to build wealth for the future. There are plenty of things that will help you save for retirement, including tax breaks for saving in retirement accounts and 401(k) contributions from your employer.

  • Boost Your Portfolio Before the New Year U.S.News & World Report - Sat, Dec 3, 2016 1:37 AM AEDT

    The time to review your stock and bond portfolio isn't in the New Year, it's now. The end of the year is "a great excuse to make sure that investors are revisiting their portfolios," says Chris Morahan, institutional portfolio manager with Eaton Vance Management. Now is the time to check for any positions that may have lost value, sell them and use the losses to offset winning investments that would trigger capital gains taxes, says Bob Phillips, managing principal with Spectrum Management Group.

  • 4 Ways to Protect Family Finances U.S.News & World Report - Sat, Dec 3, 2016 1:35 AM AEDT

    Wanting to give children everything is a right of passage for parents, an urge that may never go away. From the new toy to the fancy car, showering children and grandchildren with gifts is something that financial advisor Celia Brugge sees often. For one set of clients, those who have become grandparents, it's unclear if they will have enough saved for retirement.

  • 7 Best Tech Stocks to Buy for 2017 U.S.News & World Report - Sat, Dec 3, 2016 1:00 AM AEDT

    In the wake of the 2016 elections and the controversy surrounding a plethora of "fake news" spread on social media, Facebook's enormous influence has never been clearer. With 1.8 billion monthly active users and 84 percent of all advertising revenue coming from mobile, Facebook is without a doubt one of the best tech stocks to buy for 2017. With the best-in-class in social networking already covered, the next best tech stock to buy covers the ever-growing area of e-commerce, which is finally winning a decades-long battle with brick-and-mortar retailers.

  • 7 Must-See Museums in Denver U.S.News & World Report - Sat, Dec 3, 2016 1:00 AM AEDT

    From quirky and contemporary to traditional and historical, Denver's museum scene has something for nearly any interest. To help you decide how to prioritize your time, U.S. News asked local experts to share their picks for the top museums in Denver. The Denver Museum of Nature & Science is known for its interactive installations and top-tier traveling exhibits.

  • What's Next for Obamacare? U.S.News & World Report - Sat, Dec 3, 2016 1:00 AM AEDT

    Donald Trump's victory means his campaign promise to repeal the Affordable Care Act may soon become reality, a fact that has many people worried about the future of their health insurance coverage. Open enrollment for Obamacare health plans is underway now and will run through Jan. 31, 2017 -- just a few days after Trump is sworn into office. Americans are already signing up for health insurance for 2017 through the exchanges.

  • The Biggest Travel Trends to Watch in 2017 U.S.News & World Report - Fri, Dec 2, 2016 7:54 AM AEDT

    Eco-friendly initiatives and sustainable travel will be a top industry trend, says Rebecca Warren, managing editor at Lonely Planet. With the United Nations declaring 2017 the International Year of Sustainable Tourism, you can expect industrywide efforts to reduce carbon emissions, she says. From inventive tools that allow you to snap high-quality travel photos or map out your trip with an artificial intelligence platform to evolving alternative accommodation platforms, there are plenty of groundbreaking changes on the horizon.

  • 10 Top Art Deco U.S. Cities to Visit in 2017 U.S.News & World Report - Fri, Dec 2, 2016 6:19 AM AEDT

    Miami Beach's Art Deco District is the largest and best known art deco wonderland, celebrating the Art Basel Miami Beach festival from Dec. 1-4. Manhattan's art deco skyscrapers "dazzle, entertain, amaze," Frank Lloyd Wright once noted. Most of these buildings are on the National Register of Historic Places.

  • 7 Great German Christmas Markets Around the U.S. U.S.News & World Report - Fri, Dec 2, 2016 6:03 AM AEDT

    Every Christmas season, towns and villages across Europe set up grand holiday markets during the four weeks of Advent in a tradition that dates back to the Middle Ages. With bright lights, handmade crafts and mulled wine, the Christmas markets of Europe lure travelers far and wide to celebrate the annual holiday. Live music and carolers wander about while shoppers fill their mugs with hot chocolate and mulled wine, indulging in schnitzel at the city's Christkindlmarket, a Chicago tradition.

  • How to Stage Your Kitchen for Under $1,000 U.S.News & World Report - Fri, Dec 2, 2016 3:18 AM AEDT

    According to a 2013 National Association of Realtors Home Features Survey, granite countertops were important to 20 percent of homebuyers. While new kitchen appliances and eat-in kitchens were most important to buyers, the kitchen was the most common home improvement made after purchase.

  • 7 of the Best ETFs to Own in 2017 U.S.News & World Report - Fri, Dec 2, 2016 3:07 AM AEDT

    Looking for performance in 2017. While 2016 brought its share of surprises -- an early-year market retch, the Brexit and Donald Trump's election stunner -- Wall Street did what Wall Street does best: It ...

  • 10 Ways to End 2016 on a Financial High Note U.S.News & World Report - Fri, Dec 2, 2016 2:59 AM AEDT

    "One simple way to compare is to look at your net worth (your assets minus your liabilities or debts) once all of your final statements for 2016 come in," says Melissa Sotudeh, a wealth advisor at Halpern Financial in Rockville, Maryland, in an email. "If you are funding a retirement plan, such as a 401(k) or 403(b), make sure you are contributing to the plan," says Peter J. Creedon, a certified financial planner with Crystal Brook Advisors in New York City. Max out -- or get as close as you responsibly can -- when it comes to funding your retirement account.

  • Seeking Opportunity Over Salary When Job Searching U.S.News & World Report - Fri, Dec 2, 2016 2:58 AM AEDT

    There are turning points in life when you may have to make a career change or even put a total hold on your career. This could be due to caring for a sick family member, adopting or having a child, or ...

  • Kellogg Company (K) Faces Backlash from Breitbart in #DumpKelloggs Campaign U.S.News & World Report - Fri, Dec 2, 2016 2:49 AM AEDT

    Stock in Kellogg Company (K) is down about 2 percent after the the conservative website Breitbart.com launched a #DumpKelloggs petition in retaliation for the food company pulling their advertising. It's typical practice for Kellogg to make sure its ads "do not appear on sites that aren't aligned with our values as a company," spokeswoman Kris Charles told the Associated Press. Breitbart posted an article on its website Wednesday regarding Kellogg's move and its #DumpKelloggs initiative.

  • 8 Credit Card Tricks You Need to Know Before You Shop U.S.News & World Report - Fri, Dec 2, 2016 2:40 AM AEDT

    The credit card you use can make a big difference in how much you save in both the short and long term. Many credit cards come with a variety of built-in consumer protection benefits that will not only save you money, but give you peace of mind when you make your purchase. Many credit cards will automatically extend a manufacturer's warranty by a year or more, giving you the option to skip the expense of the in-store warranty.

  • To Diversify Or Not to Diversify? U.S.News & World Report - Fri, Dec 2, 2016 2:25 AM AEDT

    The first statement is the first thing you learn as a rookie investor: allocate your funds into different financial assets and construct a diversified portfolio. At business school, we teach students that diversification allows you to reach better risk-and-return trade-off. The omnipresence of this quote has made many take diversification as iron-clad law.

  • Budget-Friendly Holiday Decorating Ideas U.S.News & World Report - Fri, Dec 2, 2016 2:17 AM AEDT

    Unlike a lot of gifts, holiday decorations are not quite as easy to find on sale -- that is, unless you wait until Dec. 26. You may roll your eyes at the suggestion of making your own decorations during such a busy time of year, but give it a chance.

  • 3 Financial Gifts to Give This Holiday Season U.S.News & World Report - Fri, Dec 2, 2016 2:13 AM AEDT

    One option is to give appreciated stock, according to Trey Smith, senior vice president at SunTrust. "This gives the opportunity to gift some stock to charity and avoid capital gains," he says. It typically only makes sense if someone is planning to donate $1,000 or more, and not every charity is equipped to accept a gift of stock.

  • 10 Ways to Stay Young-at-Heart After You Retire U.S.News & World Report - Fri, Dec 2, 2016 2:05 AM AEDT

    While you have some control over the physical aging process with a healthy diet and moderate exercise, the fact that your body ages as you get older is inevitable. However, you have much greater control ...

  • 4 Top Cities for Basketball Fans U.S.News & World Report - Fri, Dec 2, 2016 1:17 AM AEDT

    With fast-paced games, spirited crowds, great food and festive local traditions, NBA games appeal to sports aficionados of all kinds. Plus, catching a game doesn't usurp your entire day or night in the city you are visiting, the vibe is lively and the competition is fierce. Fans in Philly are sports-crazed and loyal for their Philadelphia 76ers who play at the Wells Fargo Center in South Philadelphia.

  • How to Build an Emergency Fund U.S.News & World Report - Fri, Dec 2, 2016 1:00 AM AEDT

    A May report by the Federal Reserve showed in a 2015 survey of households that 46 percent of respondents said they would struggle to meet emergency expenses of $400. Starting one can be daunting because of other obligations, says Melody Juge, founder and managing director of Life Income Management in North Carolina. "Emergency funds are usually the most difficult things to address because people have to save for their retirement plans, and then they have their checking account and regular savings account," she says.

  • How to Invest in Bonds as Interest Rates Rise U.S.News & World Report - Thu, Dec 1, 2016 7:58 AM AEDT

    Bond yields have soared in recent months, with the yield on the 10-year U.S. Treasury going from 1.4 percent in June to about 2.3 percent now. Many experts say that if bonds deserved a role in your portfolio six months ago, they still do. "In general, we believe the benefits of higher yields outweigh the need to avoid falling bond prices," says Russell Robertson, a planner with Alidade Wealth Partners in Atlanta.

  • The 7 Best Bank Stocks to Buy for 2017 U.S.News & World Report - Thu, Dec 1, 2016 4:27 AM AEDT

    Bank stocks specifically should perform well, but what are the best bank stocks to buy for 2017, and why? President-elect Donald Trump's promises to increase infrastructure spending, decrease financial regulation, and lower taxes are expected to lead to inflation and higher interest rates. Here are seven of the best bank stocks to buy for 2017.

  • How to Guard Against 9 Winter Home Hazards U.S.News & World Report - Thu, Dec 1, 2016 4:22 AM AEDT

    Whether you expect to cross-country ski to work in the first few months of the year or you live in a milder climate, recent years have shown that winter storms can happen almost anywhere, and the colder months can cause many problems at home. Heading into winter, be sure your home has been appropriately maintained to function throughout the season -- from your heating system to properly weather-stripped windows and doors.

  • Netflix (NFLX) Will Let You Watch Shows Offline U.S.News & World Report - Thu, Dec 1, 2016 3:11 AM AEDT

    The streaming service tweeted Tuesday morning that it would make its content available for download. Eddy Wu, Netflix's director of product innovation, told USA Today that all plans have access to it. Netflix isn't the first streaming service to offer offline services, as USA Today points out.

  • 7 Ways to Look Like a Pro While Job Hunting U.S.News & World Report - Thu, Dec 1, 2016 2:43 AM AEDT

    If you think you have the rules of job searching down, think again. From sending thank-you messages to creating your list of references, you can look like a real professional by familiarizing yourself with some of these lesser-known job-search practices. Technically, all you need to supply is the name and contact information for your references.