Could Economic Uncertainty Push Up Gold Prices in June?
In 2024, gold has seen tremendous growth thus far. The price of the product increased by more than 18% this year alone, from $2,063.73 per ounce on January 1 to $2,439.98 per ounce on May 20. Even if it has somewhat decreased recently, if you own gold or are thinking about buying some, you might be wondering if the rising trend will last for the remainder of the year.
May 31, 2024 2:00 PM EDT
Salesforce Shares Plummet 20% After Disappointing Results
The stock had its worst day in over 20 years on Thursday, when Salesforce's shares finished 20% down. July 4, 2004, the day the stock plunged 27% only days after the business went public, is the worst trading day in company history.
OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy
Sam Altman, CEO of OpenAI, has announced his commitment to donate the majority of his wealth to philanthropic causes, aligning himself with other billionaires who have pledged significant contributions.
IRS Permanently Extends Free Filing Option, Encourages State Collaboration
The IRS said on Thursday that it will extend its trial of a free electronic tax return filing system to all 50 states as well as the District of Columbia, requesting that they assist taxpayers in completing their forms through the program by 2025.
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Gemini Settles, Returns $2.2 Billion to Users Caught in Crypto Lending Freeze
Clients whose money was frozen in the now-defunct crypto loan scheme of cryptocurrency exchange Gemini will soon begin to receive their money back.
May 31, 2024 11:01 AM EDT
65% of Gen Z Prioritizes Travel Despite Financial Risks
According to a Bank of America survey published on May 20, Gen Z is more likely than previous generations to be planning travels abroad since they are no longer content with taking road trips to their parents' houses.
May 31, 2024 11:01 AM EDT
Is Tap-to-Pay Making Consumers Spend More?
Apps that let us tap at stores to pay for products and services are increasingly prevalent on our phones and watches. Some customers rely only on these tap-to-pay networks, leaving their cash and credit cards at home.
May 30, 2024 12:49 PM EDT
Student Loan Debt Hinders Retirement for Around 2.2 Million Over 55
There's another group of debtors-Americans over 55 who are getting close to retirement-who are frequently disregarded and have their own unique set of difficulties.
May 30, 2024 12:22 PM EDT
Can a $10,000 Home Equity Loan Boost Your Finances? Here's How to Decide
Currently, the average homeowner has equity worth hundreds of thousands of dollars. And given that home equity loans sometimes offer more affordable interest rates than other choices, that's excellent news. In light of this, a home equity loan might be the best option for you if you need a loan and want an interest rate that is competitive.
May 29, 2024 7:27 PM EDT
Social Media Fuels Rise of "No-Buy Year" Challenge
What began as a weblog experiment in mindful spending and budgeting a few years ago has gained popularity on social media.
May 29, 2024 12:22 PM EDT
Tax Return Status: How to Get Information About Your Refund
About 48 hours after electronically completing your tax return, you may often check the status of your refund on the IRS "Where's My Refund?" website. You may also get information on refunds for the last two years and the current year by using the website.
May 29, 2024 12:14 PM EDT
IRS Data Breach: Files of At Least 50,000 Americans Stolen
A victim of the heist wrote a commentary for the Wall Street Journal today, claiming that the IRS hacker took the tax files of between 50,000 and 70,000 individuals, making it the greatest theft of private taxpayer information in American history.
May 29, 2024 12:13 PM EDT
Tesla Shareholders Consider Elon Musk’s $56 Billion Compensation After Judge Says He Improperly Rewarded
A two-month dispute between Elon Musk's allies and adversaries surrounds the reinstatement of the tech billionaire's record $56 billion compensation package.
May 29, 2024 11:31 AM EDT
California Drivers Feeling the Pinch, State Mulls Measures to Lower Gas Prices
Given the skyrocketing cost of petrol in California, legislative representatives have announced a detailed strategy to solve the problem.
May 28, 2024 9:48 PM EDT
Self-Made Millionaires Reveal 5 Overpriced Expenses
It's simple to picture the things you would purchase for yourself if you were a millionaire. However, you quickly learn from speaking with genuine billionaires that no one becomes a millionaire or maintains a million dollar portfolio by living carelessly.
May 28, 2024 6:03 PM EDT
Retailers Slash Prices to Woo Budget-Conscious Customers This Summer
There may be additional reasons for Americans to rejoice in the return of warmer weather if they spend Memorial Day shopping for deals both online and in physical locations.
May 28, 2024 5:49 PM EDT
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