Financial News from US News & World Report

  • 7 Habits You Can Learn From Highly Successful Savers U.S.News & World Report - 15 hours ago

    According to a 2016 study conducted by GOBankingRates, more than two-thirds of Americans have less than $1,000 saved, with 34 percent admitting to having absolutely no money in their savings account. Although today's consumers are more aware than ever about the importance of savvy spending, these statistics prompt the question: What does it take to be a successful saver? Piggybacking on the ingenuity of Stephen Covey, author of "7 Habits of Highly Effective People," here are seven habits of highly successful savers.

  • Micron Technology, Inc. (MU) Shares Surge, Challenge 52-Week High U.S.News & World Report - 19 hours ago

    Shares of chip maker Micron Technology, Inc. ( MU) soared more than 8 percent higher Friday, one day after the company reported a big second-quarter earnings beat. According to Estimize, Wall Street analysts were expecting EPS of 83 cents on revenue of $4.64 billion. The strong earnings report and Wall Street's positive reaction pushed MU stock close to its 52-week high of $29.87.

  • Some of the World's Best Leaders Are in the Tech Sector U.S.News & World Report - 20 hours ago

    For some investors, owning shares of a stock is about something more than financial gain. Fortune just released its annual list of the World's 50 Greatest Leaders, and the list highlights just how much of a positive impact several well-known tech leaders are making. This year's list is full of political, religious and military leaders, but a surprising number of the business leaders on the list are from the tech sector.

  • The Power of the Veteran Brand When Job Searching U.S.News & World Report - 20 hours ago

    Like any affinity group, veterans can fall into the trap of thinking that job searching is harder for them than anyone else. These days, nearly all elements of American society seem to be competing in ...

  • 5 Smart Splurges to Make With Your Tax Refund U.S.News & World Report - 20 hours ago

    Paying down debt, saving for retirement and building an emergency fund top the list of smart things to do with a tax refund. Here's how to balance out a practical use of the money with a smart splurge for the rest. "They could take a few hundred dollars and buy a quarter-million-dollar life insurance policy," says Peter Tedone, president and CEO of Vantis Life Insurance Company.

  • Guidance Casts a Shadow Over Ford Motor Company Stock (F) U.S.News & World Report - 20 hours ago

    Ford Motor Company (ticker: F) shares are down 6 percent this week after the company said its first-quarter earnings will be roughly 50 percent lower than they were in the same quarter a year ago. On Thursday, a new regulatory filing from Ford projected first-quarter earnings per share in the range of 30 to 35 cents, well short of the 47-cent consensus estimates of Wall Street analysts. Ford had previously warned investors that 2017 could be a transition year for the company, but investors now seemed concerned that the business slump could be a bit more serious.

  • 6 Good Credit Card Habits to Start Now U.S.News & World Report - 21 hours ago

    Your first impulse may be to cut up your credit cards, lock them in a drawer or cancel them at your first opportunity. While getting your finances in order should be your top priority, credit cards are an important tool for building your credit history. Studies show that people who use credit cards tend to spend more than people who use cash.

  • How to Create Your Small Business Retirement Succession Plan U.S.News & World Report - 21 hours ago

    When it comes to retirement and succession planning, a recent Wells Fargo/Gallup Small Business Index survey suggests that business owners aren't necessarily as prepared as they ought to be. Seventy percent of business owners surveyed say they don't have a formal written plan in place outlining what they'll do with their business if they decide to retire or can no longer continue working. "Ideally, the best time to develop your exit strategy for retirement is the day you open the business," says Joe Fahey, senior business transition strategist for Wells Fargo Private Bank in McLean, Virginia.

  • 10 Reasons Facebook Inc (FB) Stock Is a Strong Buy U.S.News & World Report - 22 hours ago

    Facebook Inc ( FB) stock had just gone public for $38 per share, giving it a valuation north of $100 billion. Google and Facebook dominate digital advertising. The digital advertising industry is absolutely massive, and still growing at double-digit rates every year.

  • 5 Rules of Early Retirement U.S.News & World Report - 22 hours ago

    A successful early retirement can happen for anyone, experts say, but only if you follow certain rules. Of course, that doesn't help you if you're in your 50s now and thinking about an early retirement, but if you're a millennial and hope to retire early, you'd better start making plans now. "The best time to plant a tree is 20 years ago, but the second-best time to do it is now," says Marty Phelan, president of Phelan Financial Solutions in Buffalo Grove, Illinois.

  • 10 Must-Ask Questions When Choosing a Real Estate Agent U.S.News & World Report - 22 hours ago

    Whether you're embarking on your first real estate transaction or you're a seasoned veteran, having the right real estate agent is crucial to a smooth process. How long have you been working in real estate? While it is true that experience doesn't necessarily equal success, real estate is a commission-based business, and it would be very difficult for an agent to survive for long providing awful service.

  • Education Master's Degree Can Guide Students, Families To Success U.S.News & World Report - 23 hours ago

    In third grade, after Elaine Chen had been falling behind in her work for a while, teachers at her San Francisco Bay Area school assessed her and recommended she be placed in a special education program. "I remember going through many cognitive tests, only to have them determine my struggles weren't caused by a learning disability but rather a language barrier," says Chen, whose first language was Mandarin and who didn't learn English until kindergarten. Today Chen, 28, is a school psychologist and behaviorist in the San Mateo-Foster City School District in California.

  • 7 Ways for Anyone to Invest in the Cloud U.S.News & World Report - Fri, Mar 24, 2017 9:00 PM AEDT

    The cloud is growing. To cut costs and boost computing power and storage, companies are increasingly turning to cloud computing to run their businesses. According to a survey released in December, growth equity and venture capital firm North Bridge and research firm Wikibon expect public cloud spending to soar from $75 billion in 2015 to $522 billion by 2026 at a compound annual growth rate of 19 percent.

  • 6 Places to Plan a Babymoon Now U.S.News & World Report - Fri, Mar 24, 2017 4:00 AM AEDT

    For expectant parents itching to embark on a pre-baby getaway, a babymoon (or trip for soon-to-be moms and dads) can offer the perfect romantic escape, filled with plenty of relaxation, mouthwatering cuisine and indulgent spa treatments. "Talk to your OB-GYN about whether it's safe to fly and travel warnings about Zika," cautions Karen Cicero, a contributing nutrition and travel editor for Parents Magazine. This laid-back Southern California town has several draws for expectant parents.

  • Tax Tips for College Students (and Their Parents) U.S.News & World Report - Fri, Mar 24, 2017 3:56 AM AEDT

    The stressful season for many students -- and their families -- is tax time. Tax filing for those who pay college costs is a complex affair. A student's tax situation can tweak his financial aid eligibility.

  • The 10 Safest States in America U.S.News & World Report - Fri, Mar 24, 2017 2:55 AM AEDT

    For some, safety is everything. A state's safety can be a crucial factor in deciding where to relocate your family. Public safety is also an important metric in our Best States project, accounting for ...

  • How Medicare Can Help You Say Goodbye on Your Terms U.S.News & World Report - Fri, Mar 24, 2017 2:41 AM AEDT

    "Many people don't want to die hooked up to a bunch of machines," says Dr. Joe Rotella, chief medical officer for the American Academy of Hospice and Palliative Medicine. Fortunately for those with Medicare, there are ways to maintain some sense of control at the end for a minimal cost. Patients can work with their physicians to develop their advance directives, and Medicare will cover a visit for this purpose.

  • Are Marketplace Loans a Good Investment Alternative? U.S.News & World Report - Fri, Mar 24, 2017 2:29 AM AEDT

    In the wake of the financial crisis in 2008, the consumer credit market completely dried up. Today, they prefer the term "marketplace lenders." Companies like Prosper Marketplace and LendingClub Corp. (ticker: LC) branded themselves as high-tech alternatives to traditional bank lenders, and their timing couldn't have been better. In just over a decade since its founding, Lending Club has already funded nearly $25 billion in loans.

  • 10 Secrets to Selling Your Home Faster U.S.News & World Report - Fri, Mar 24, 2017 2:10 AM AEDT

    Selling your home quickly not only allows you to move on with your life, it also means fewer days of keeping your home in pristine condition and leaving every time your agent brings prospective buyers for a tour. Real estate information company Zillow crunched data from 2008 to 2016 and found the optimum time to list a home for sale was on a Saturday between May 1 and 15 -- at least looking at national numbers. Homes listed during those times sold nine days faster and for 0.8 percent more than the average annual home price, according to Zillow's analysis.

  • How to Write a Knockout Career Summary U.S.News & World Report - Fri, Mar 24, 2017 2:05 AM AEDT

    If you're not familiar with the term "career summary," it's those few lines or bullets at the top of your resume directly under your name and contact information that tell an employer who you are. It is not an objective statement. An objective would tell an employer what you were looking for.

  • 9 Reasons to Retreat to Miami Beach U.S.News & World Report - Fri, Mar 24, 2017 2:02 AM AEDT

    Let's get this out of the way: It's hard to find a reason to be unhappy in Miami Beach. Of course, the chance to surf, swim and sunbathe is a main draw for planning a trip, but the city's eclectic culinary scene, renowned shopping areas, buzzy dance clubs and iconic art deco museums are other top selling points for culture vultures, art aficionados and outdoor enthusiasts alike. Without further ado, here are top enticements for visiting Miami Beach this year.

  • 5 Ways to Make and Save Money with Spring Cleaning U.S.News & World Report - Fri, Mar 24, 2017 1:10 AM AEDT

    Here are five hacks that can make spring cleaning a moneymaker -- or at least a money-saver -- for you and your family. Declutter your space: One of the things that makes people want to move to a larger living space is when the amount of stuff they've accumulated exceeds available storage. Spring cleaning is a great time to address this issue.

  • Why You Still Need Time Management After You Retire U.S.News & World Report - Fri, Mar 24, 2017 12:45 AM AEDT

    Perhaps you regard time management as something you get to leave behind when you end your working career. If you are not retired yet, you may envision that the ultimate retirement lifestyle will consist of getting up whenever you want, eating whenever you want, doing whatever you want or nothing at all and going to bed whenever you want.

  • What Is a Mortgage REIT? U.S.News & World Report - Fri, Mar 24, 2017 12:41 AM AEDT

    Mortgage-backed securities got a black eye in the financial crisis, but real estate investment trusts that own them are currently generous to income income-oriented investors, with dividend yields averaging ...

  • Investing for Income in a Reflationary World U.S.News & World Report - Fri, Mar 24, 2017 12:37 AM AEDT

    Investors searching for income may feel like they are caught between a rock and a hard place, understandably frustrated by the low level of interest rates and expectations that the Federal Reserve will ...

  • How to Teach Your Kids Financial Fitness U.S.News & World Report - Fri, Mar 24, 2017 12:00 AM AEDT

    Parents teach their children physical fitness -- from learning to walk to riding a bike -- to set them on a healthy path, and teaching them financial fitness is just as important. Just as parents incorporate motor skills lessons based on age, they can also use children's developmental stages to teach financial lessons so kids can flex their money muscles throughout life. Timothy Steffen, director of financial planning at Baird in Milwaukee, says it may seem like a daunting task, so parents should think about their overall goal.

  • 10 MBA Programs Where Graduates Find Jobs Quickly U.S.News & World Report - Fri, Mar 24, 2017 12:00 AM AEDT

    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 ...

  • 7 Excellent Sales and Marketing Jobs for 2017 U.S.News & World Report - Fri, Mar 24, 2017 12:00 AM AEDT

    Sales and marketing jobs are ideal if you enjoy interacting with people. Your house, your SUV, the car insurance policy, your groceries and even the pair of jeans you bought at the mall recently all have something in common: Someone in the sales and marketing industry sold it to you, or at the very least, put it on your radar. Telemarketers' interactions with potential customers can range from talking with friendly, attentive people, to being yelled at and hung up on.

  • Cutting-Edge Careers Attract New Law Grads U.S.News & World Report - Thu, Mar 23, 2017 11:00 PM AEDT

    After graduating with a Bachelor of Science in physics from Harvey Mudd College, Brendan Haberle worked on plasma research at the Los Alamos National Laboratory in New Mexico. After stints in consulting and developing intelligence systems for the U.S. Army, Haberle did some research and realized the fast-growing sector of intellectual property law offered the varied exposure to science and technology that he sought.

  • New Products Hint at the Next Move from Apple Inc. (AAPL) U.S.News & World Report - Thu, Mar 23, 2017 5:45 AM AEDT

    Apple Inc. (ticker: AAPL) investors and analysts are looking forward to the highly-anticipated unveiling of iPhone 8 in September. Apple said the $329 price tag for the new 32 GB iPad base model is its "most affordable price ever." In addition to the appealing price, the new iPads also have a 3.1 million pixel retina display and twice the storage capacity of previous base models. According to PCMag, the new iPad has the same screen size and resolution as the 9.7-inch iPad Pro, which starts at $599.

  • Nike Inc (NKE) Shares Drop On Mixed Quarter, Weak Guidance U.S.News & World Report - Thu, Mar 23, 2017 2:47 AM AEDT

    Investors were certainly not impressed by the fiscal third-quarter earnings report from Nike Inc (ticker: NKE ) on Tuesday, or the company's newly announced plan to improve productivity. Nike shares are ...

  • Want to Buy a Home? Consider These 3 Little-Known Mortgage Sources U.S.News & World Report - Thu, Mar 23, 2017 2:29 AM AEDT

    About 90 percent of mortgage loans are made by banks or large online lenders that most people know, but the remaining mortgage providers can be a better fit, depending on the borrower's circumstances.

  • The End Is Near for Sears Holding Corp (SHLD) U.S.News & World Report - Thu, Mar 23, 2017 2:23 AM AEDT

    Struggling retailer Sears Holdings Corp (ticker: SHLD) admitted on Wednesday what the rest of Wall Street has known for a long time: it's quite likely Sears is doomed. In a 10-K filed late Tuesday with the Securities and Exchange Commission, toward the end of a section called "Uses and Sources of Liquidity," Sears's language became unusually dire. This was after it had gone through a long list of asset sales, loans and cost savings initiatives Sears has either previously engaged in, is currently engaged in, or is planning to engage in to shore up its balance sheets and stop the bleeding.

  • 5 Tips to Show Off Your Personal Brand U.S.News & World Report - Thu, Mar 23, 2017 2:00 AM AEDT

    In fact, most of the best practices for corporate branding are easily adaptable to your personal brand. First, think about what happens when a recruiter reviews your resume. All of these elements become part of your unique personal brand.

  • 7 Spring Home Fixes to Get on Top of Now U.S.News & World Report - Thu, Mar 23, 2017 1:59 AM AEDT

    It's now officially spring, and that means it's time to do some deep cleaning around your house. As warmer weather creeps back into your life, be ready to scrub away the remnants of sidewalk salt left behind from winter, throw away items you don't need and assess what needs repair in your home. "It's always good to do a really thorough walk-around of the house and just check everything," says Carrie Bonney, director of public relations for Farmers Insurance.