Even a rare Social Security cost-of-living adjustment (COLA) may not stop seniors from getting the short end of the stick, once again. In May, 51 million retiree beneficiaries took home an average Social Security check totaling $1,916.63, up $23,000 on an annualized basis. While that may not sound like a game-changing sum of money, the…
Wallflower getty I’ve dedicated my career to closed-end funds (CEFs) because, in a way, these high-yield investments saved my life: Using these funds to get an 8% income stream from my portfolio gave me the confidence to had to give up. academic work more than a decade ago. I started writing about CEFs then, mostly…
Artificial intelligence (AI) has driven the revenue and stock price growth of many technology companies recently. Investors are piling into these players who are cashing in on the AI boom now and could have even more to gain down the road. After all, analysts predict that today’s $200 billion artificial intelligence market could surpass $1…
I’ve been writing about millennials since 2018 when they were 22 to 37 years old. Coming of age during the rise of social media and online shopping, along with some unique economic challenges, puts this group in the spotlight. People were fascinated by what the children did. Millennial stereotypes of eating avocado bread and living…
You’d need to make about $25 an hour to live in just the 25 largest cities in the United States. This is an average figure: you’ll need more in cities like San Francisco or Boston, and less in San Antonio or Detroit. The money covers a single person’s basic expenses such as housing in a…
Investors looking for high-yielding dividend stocks to buy should now turn their attention to the health care sector: Three relatively reliable drugmakers are trading near 52-week lows. Their share prices may have taken a beating, but it’s more than likely that better days are ahead. Here’s how these stocks can produce heaps of passive income…
Right now, we’re seeing flight attendants at most major US airlines trying to ratify new contracts (except at Delta, where the flight attendants are not unionized). Flight attendants for the most part haven’t had a raise since before the pandemic and are asking for a significant raise to reflect the inflation we’ve seen in recent…
Alphabet and Adobe have suppressed it recently. Nvidia (NVDA -3.22%) it is a major artificial intelligence (AI) stock. However, it has become a bit expensive from a valuation standpoint, which has led some investors to look elsewhere for AI investments. I’m in that camp, but luckily there are plenty of AI companies worth buying right…
Heading home after a guided food excursion in Mexico with her girlfriends, Gretchen Stelter settled into the window seat in business class on American Airlines and began editing a book manuscript for her new job. The 42-year-old editor, worried about the fast-approaching deadline, said she hoped her open laptop and AirPods in her ears would…
Nvidia CEO Jensen Huang delivers a speech at an event at the COMPUTEX forum in Taipei, Taiwan, June 4, 2024. Ann Wang | Reuters Apple, Microsoft, Amazon AND Google were the top four global brands at the end of 2023, according to consulting firm Interbrand. They are also four of the five most valuable companies…