Your kids need a Roth IRA, the ‘golden egg’ savings vehicle

Your kids need a Roth IRA, the ‘golden egg’ savings vehicle

Jasondoiy | E+ | Getty Images As a financial advisor mom of three kids, I know well the power of compounded interest and the value of early work experience and learning to save and invest for yourself.  My kids — ages 15, 12 and 11 — have been tutoring, filing, shredding, sweeping, and even researching … Read more

Malaysia PM vows crusade against corruption

Malaysia PM vows crusade against corruption

Malaysia’s prime minister Anwar Ibrahim during a news conference in New Delhi, India, on Tuesday, Aug. 20, 2024.  Bloomberg | Bloomberg | Getty Images Eradicating corruption in Malaysia continues to be a difficult hurdle Prime Minister Anwar Ibrahim needs to overcome if he wants to attract more foreign direct investments into the country. As Anwar … Read more

‘Golden Week’ bookings show changes in how Chinese are traveling

‘Golden Week’ bookings show changes in how Chinese are traveling

Outbound travel from China is set to receive a much-anticipated jolt as “Golden Week” bookings show changes in where and why Chinese people are traveling. Buoyed by falling airfares, Chinese travelers are booking more overseas trips for the National Day holiday period, which extends from Oct. 1 to 7, according to Fliggy, a major travel … Read more

These 3 ugly duckling stocks will become beautiful swans Fed cuts rates

These 3 ugly duckling stocks will become beautiful swans Fed cuts rates

It always turns out the same way: No matter what people might say, the beginning of an interest rate cycle always causes a change in command in the stock market. You must always change your mind, hold your nose, and buy what look to be some of the weakest names — the stocks that do … Read more

Trump’s ‘loyalty is only to himself’

Trump’s ‘loyalty is only to himself’

Mark Cuban and Elon Musk. Getty Images Billionaire investor Mark Cuban cautioned Tesla CEO Elon Musk on Sunday against forming an alliance with former President Donald Trump, because, he said, the Republican presidential nominee may not ultimately repay his political debts. “Elon, there will come a time when you need something from Donald Trump,” Cuban … Read more

After a week of records, there’s one main market event that could change everything

After a week of records, there’s one main market event that could change everything

The S & P 500 index dipped Friday but logged its third straight weekly gain on the back of three record closes last week. For the week, the S & P 500 rose just over 0.6%; the Dow Jones Industrial Average , which closed at another record Friday, gained almost 0.6%; the Nasdaq advanced nearly … Read more

It’s time to take warnings about using airport public Wi-Fi seriously

It’s time to take warnings about using airport public Wi-Fi seriously

Over the years, travelers have repeatedly been warned to avoid public Wi-Fi in places like airports and coffee shops. Airport Wi-Fi, in particular, is known to be a hacker honeypot, due to what is typically relatively lax security. But even though many people know they should stay away from free Wi-Fi, it proves as irresistible to … Read more

Harris leads with Latino voters, but the economy narrows the margin for Dems: Survey

Harris leads with Latino voters, but the economy narrows the margin for Dems: Survey

The economic woes from inflation look to have accelerated a shift of Latino voters toward Republicans, cutting in half a Democratic lead with a critical voting group in the lead up to a tight presidential election, according to an NBC/CNBC/Telemundo survey. The survey of 1,000 Latino likely voters found the Democratic presidential candidate, Vice President … Read more

Kamala Harris promises to fight inflation

Kamala Harris promises to fight inflation

Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order … Read more

Are immigrants taking jobs from U.S. workers? Here’s what economists say

Are immigrants taking jobs from U.S. workers? Here’s what economists say

The first debate between Vice President Kamala Harris and former President Donald Trump is shown on television at the Juventud 2000 migrant shelter in Tijuana, Mexico, on Sept. 10, 2024. Immigration has been a hot topic throughout the presidential campaign. Carlos Moreno/NurPhoto via Getty Images The idea that immigration has a negative impact on the … Read more