Finance

Your Gen Z Grandkid Wants a Costco Membership

If you're looking for a back-to-school gift for a grandkid heading off to college, your best bet might actually be a Costco membership. The popular wholesale club ...

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A professor who hit 'Lean FI' by moving abroad and saving 70% of his income explains why he prefers the 'permanent portfolio' investment strategy

Miguel Marquez earned his undergraduate degree in Spain before pursuing an international teaching career.Courtesy of Miguel MarquezMiguel Marquez reached Lean FI by lowering his costs and investing...

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Forget a first-day stock drop. The bigger story is how Jersey Mike's reached historic IPO status.

Michael Nagle/Bloomberg via Getty ImagesJersey Mike's slid 6% in its stock market debut after one of the biggest restaurant IPOs ever.Beyond the first-day struggles is a high-growth company that's ...

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The humbling of Leopold Aschenbrenner: The market doesn't care how smart you are.

Leopold Aschenbrenner, head of hedge fund firm Situational AwarenessFortune via Reuters ConnectKen Griffin's Citadel bought some of Situational Awareness' public stock after losses.Leopold Aschenbr...

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Nasdaq Soars 679 Points as Microsoft Pops: Stock Market Today

Stocks jumped out of the gate Thursday and stayed higher through the close as well-received earnings from Microsoft (MSFT) overshadowed a disappointing reaction to...

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Meta's future AI data center lease obligations swell to over a quarter trillion dollars

Meta CEO Mark Zuckerberg.Bloomberg/Getty ImagesMeta said its future lease obligations, tied largely to AI data centers, swelled to $279 billion.That figure, disclosed in a Thursday securities filin...

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AI's real threat to the job market isn't job loss, it's lower paychecks, new research says

Spencer Platt/Getty ImagesThere's one consequence from AI people may be overlooking: that the tech could eat into worker pay.Roles with a high exposure to AI have seen sharp declines in wage growth...

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Is an Adult Day Center Right for Your Loved One?

For older adults who need supervised care throughout the day, an adult day center can offer some much-needed support. These nonresidential facilities provide servi...

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5 Citadel campus recruits on breaking in and getting ahead

Tanya Otsetarova, Haris Nair, and Jonas Metzger all started at Citadel and Citadel Securities right out of school.Citadel/Citadel SecuritiesBeing a summer intern or campus hire is one of the best w...

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8 Signs You’ll Thrive in Retirement (Even If You're Afraid to Make the Leap)

Sometimes, punching the clock for the very last time can feel more unsettling than exciting, even if your biggest fear isn't running out of money. Instead, it migh...

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Good Job on Cutting Costly Investment Fees, But These 8 Tax Traps Can Hurt Far More

You've probably spent real time getting your investment costs down. You moved out of a high-fee mutual fund years ago. You watch your expense ratios. That instinct...

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Social Security’s Biggest Problem Isn’t a Design Flaw. It’s a Missing Trust Fund.

Should policymakers look beyond the payroll tax to cover this share of the deficit? When thinking about how to fix Social Security, it is important to understand the reasons for the shortfal...

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Cut Your Taxes With Tax-Loss Harvesting in 2026

Historically, summer is a quieter period for trading as market volumes slow down. But 2026 is breaking the rules. With recent tech-sector rotations and unexpected ...

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3 Lessons I've Learned as a Real Estate Pro: What Every New Investor Needs to Know

A lot of people get into real estate the same way my brother Brian and I did. You buy a few properties on the side, learn as you go and assume steady growth will c...

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How Far Does $15,000 a Month in Retirement at Age 65 Go?

The post How Far Does $15,000 a Month in Retirement at Age 65 Go? appeared first on 24/7 Wall St.. Picture a married couple, both age 65, sitting down with their financial planner to map out the ...

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I spent years in finance. Then I realized rural Japan's rice terraces were an overlooked asset.

Goki Akuzawa left city life in Tokyo to run farms and a guesthouse in the Japanese countryside.Provided by Goki AkuzawaGoki Akuzawa, 62, spends most days in rural Japan but still travels to Tokyo f...

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War in Iran, Inflation and AI Angst: Should Investors Increase Their Safety?

Usually, there are crosscurrents in financial markets, but today's seem particularly demanding. The war in Iran seems always there, affecting short-term policies w...

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I fear my parents, on CPP and OAS, could go into debt. How can I help?

Q: My parents are in their late 70s and live on Canada Pension Plan and Old Age Security income. Whenever I bring up their finances, they change the subject or tell me not to worry. I love them an...

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Where's the Best Place to Store $10k Now?

As someone who reviews savings accounts and inflation for a living, it's become easier to see where things are heading. Understanding how these trends move can be ...

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Dow Drops 1,153 Points as Oil Pops on Fed Day: Stock Market Today

Oil prices surged and the stock market's "fear gauge" spiked as the war between the U.S. and Iran escalated again on Wednesday. Violence in the Middle East continu...

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Microsoft CFO tells employees the company's biggest AI bets are paying off

Microsoft Chief Financial Officer Amy HoodBloomberg/Getty ImagesMicrosoft's top finance executive sent her quarterly memo to employees after earnings on Wednesday.The latest memo touted "important ...

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