Inflation data pushes rates higher

Inflation data pushes rates higher

Mortgage rates are up today. According to Zillow, the average 30-year fixed mortgage rate rose 13 basis points to 6.10%and the 15-year fixed rate rose 14 basis points to 5.55%. These increases can likely be attributed to the latest Personal Consumption Expenditure (PCE) data, which was released yesterday. The PCE index showed that inflation moved … Read more

With an explosion and sparks, the landing gear of this $60 million Navy jet fell apart in seconds

With an explosion and sparks, the landing gear of this  million Navy jet fell apart in seconds

A critical system failed as a fighter jet was landing on an aircraft carrier earlier this year. The $60 million F/A-18 fell off the deck of the USS Harry S. Truman and fell into the Red Sea. A new Navy investigation shows how the landing fell apart in moments. As the fighter landed on the … Read more

The 79-year-old appliance chain is closing all locations, without bankruptcy

The 79-year-old appliance chain is closing all locations, without bankruptcy

When a restaurant closes, it generally has no financial impact on customers, unless they had a pre-paid catering order or paid an advance for a party or other event. However, when a retail chain closes, it can have a deeper financial impact. Customers may have ordered and paid for items that were not delivered, and … Read more

How the Supreme Court Emboldened Democrats in California and Elsewhere by Redrawing US House Maps

How the Supreme Court Emboldened Democrats in California and Elsewhere by Redrawing US House Maps

The Supreme Court’s upholding of how Texas Republicans redrew the state’s congressional map gives hope to California Democrats as they prepare to defend their map in court this month — and encourages other states to follow suit. The High Court allowed Texas to use a congressional map, giving Republicans a better shot at five additional … Read more

I saved $3 million but was afraid to spend it when I retired. Here’s how I changed my mindset after being frugal for decades.

I saved  million but was afraid to spend it when I retired. Here’s how I changed my mindset after being frugal for decades.

During his 40-year career, Scott Scovel saved $3 million for retirement. But when he retired, he was so focused on saving that he struggled to start spending. Spending tactics such as a $50,000 “war chest” helped him adopt a carpe diem approach. I’ve spent a lifetime scrimping and worrying about my retirement portfolio and savings, … Read more

Strangers around the world are reacting to the 88-year-old Michigan veteran’s plight by offering millions. But will he get to keep it all?

Strangers around the world are reacting to the 88-year-old Michigan veteran’s plight by offering millions. But will he get to keep it all?

When 88-year-old Ed Bambas broke down in tears at his grocery store register this week, he had no idea that strangers from around the world were about to change his life. “I don’t know what to say,” Bambas told Australian social media influencer Sam Weidenhofer (1), who had just tipped him $400. “It will help … Read more

2 AI stocks that may have their Nvidia moment in 2026

2 AI stocks that may have their Nvidia moment in 2026

CoreWeave’s AI-ready cloud platforms have seen unprecedented growth in demand. AMD’s improved ability to compete with Nvidia could cause the stock to rally massively. 10 Stocks We Like More Than CoreWeave › Despite concerns about an artificial intelligence (AI) bubble, investors continue to bid AI stocks higher. Of those stocks, Nvidia remains one of the … Read more

Top 3 Dividend Stocks to Buy in December

Top 3 Dividend Stocks to Buy in December

Enterprise Products Partners has a high yield of 6.8%, supported by a reliable fee-based business. Bank of Nova Scotia, yielding 4.5%, is in the midst of a turnaround and the effort is progressing well. WP Carey REIT, which has a yield of 5.5%, has reset its business in 2023 and growth is starting again. 10 … Read more

Louisiana is shrinking. Some tribes are fighting to protect what is left of their communities

Louisiana is shrinking. Some tribes are fighting to protect what is left of their communities

POINTE-AU-CHIEN, La. (AP) — Cherie Matherne looked out into Bayou Pointe au Chien, wide enough for several boats to pass. In the distance, a stand of dead trees marked where saltwater comes and goes during storm surge flooding. It wasn’t always like that. The bayou was once shallower and wide enough for a small boat … Read more