The recent surge in gold and silver prices to record highs will make the medals awarded at the 2026 Winter Olympics the most expensive in history.…
When you sell stocks, exchange-traded funds (ETFs) or other equity investments for more than you paid, the profit is generally subject to capital gains tax. The capital gains tax on equity depends on how long…
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest…
There are two common ways to think about a retirement budget: you can start with the lifestyle you want or the assets you have. By focusing on a lifestyle, you can identify your target retirement income and then build savings to support that goal. For example, using the 4% rule,…
Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.11% from last week’s reading of 6.10%. The average rate on a 30-year loan was 6.89% a year…
Wall Street giant Citi on Thursday informed the company’s U.S.-based employees that the firm plans to match the federal government’s seed contribution to newborns’ Trump Accounts and will also donate to efforts to boost participation. Citi sent an internal message, which was reviewed by FOX Business, that notified employees that…
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Trader Joe’s has notched the top spot on the American Customer Satisfaction Index’s 2026 supermarket rankings. According to the “Satisfaction Benchmarks by Company” list, Trader Joe’s earned an 86 compared to second-place Publix’s 84. H-E-B…
