5 days ago
I'm 67, my husband is 69, and we've been married 38 years. We've lived in the same four-bedroom colonial for 32 of those years. It's paid off and worth $1.5 million. We have another $1.8 million in retirement accounts and savings, plus Social Security and a small pension from his old job. No debt, and our kids are on their own.
So this isn't a money problem, but we can't talk about retirement anymore without it turning into a fight. He wants to buy something for $600,000 now that we are empty-nesters, and invest the rest. He has a spreadsheet. I've seen it open on the laptop at the kitchen table at 11 p.m., with property taxes, insurance and the lawn guy all in little columns.
My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?
'She's living the dream': My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?
Musk says ***** eX landed a $40 billion debt deal — and forecasts doom for some AI rivals
#years #Retirement
So this isn't a money problem, but we can't talk about retirement anymore without it turning into a fight. He wants to buy something for $600,000 now that we are empty-nesters, and invest the rest. He has a spreadsheet. I've seen it open on the laptop at the kitchen table at 11 p.m., with property taxes, insurance and the lawn guy all in little columns.
My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?
'She's living the dream': My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?
Musk says ***** eX landed a $40 billion debt deal — and forecasts doom for some AI rivals
#years #Retirement
12 days ago
Green Bay Packers QB Jordan Love completed 23 of his 41 pass attempts for 276 yards, one touchdown, and one interception versus the Dallas Cowboys in Week 6. Love also had 12 yards and a touchdown on four carries.
SOURCE: USA TODAY
Why It Matters: It's almost impossible to overstate how much Green Bay's receivers undercut Love's output on Sunday night. Matthew Golden dropped three passes, including two touchdowns, and Christian Watson dropped another sure touchdown as well in a win over the Cowboys. Despite that, Love still threw for almost 300 yards and accounted for two touchdowns while navigating porous blocking from his offensive line. The Packers' inability to run the ball has put the onus on Love to move the offense, and that has helped the Utah State product develop into arguably the NFL's most aggressive downfield passer. It seems to work out more often than not, and Love has a high-end end matchup in Week 7 against Detroit. Love is a strong QB2 that's playable as a QB1 in plus matchups.
This article originally appeared on USA TODAY: Jordan Love accounts for two total touchdowns in win
#love #touchdowns #packers #jordan
SOURCE: USA TODAY
Why It Matters: It's almost impossible to overstate how much Green Bay's receivers undercut Love's output on Sunday night. Matthew Golden dropped three passes, including two touchdowns, and Christian Watson dropped another sure touchdown as well in a win over the Cowboys. Despite that, Love still threw for almost 300 yards and accounted for two touchdowns while navigating porous blocking from his offensive line. The Packers' inability to run the ball has put the onus on Love to move the offense, and that has helped the Utah State product develop into arguably the NFL's most aggressive downfield passer. It seems to work out more often than not, and Love has a high-end end matchup in Week 7 against Detroit. Love is a strong QB2 that's playable as a QB1 in plus matchups.
This article originally appeared on USA TODAY: Jordan Love accounts for two total touchdowns in win
#love #touchdowns #packers #jordan
12 days ago
On this day in 1988, it was announced that Sunderland made more than £250,000 in profit during the previous year on the way to clinching the Third Division Championship.
The year before saw a loss of around £125,000 – when the club was relegated from the Second Division for the first time in its history – the accounts released on this day in 1989 showed a turnaround of £375,000.
Increased match receipts of £450,482 and an interest-free loan of £600,000 by chairman Bob Murray were mostly responsible for the club showing a profit for the first time since 1985.
Average gates increased by around 4,000 to 17,426 to provide match receipts of £1,212,118, and though transfer fees were down on the previous year, the turnover increased by £233,273. The **** ets of the club stood at £39,224, the first positive figure since 1974, and this was a far healthier position than the previous year when net liabilities stood at £860,818. This pleased the chairman:
It's been worked for. There is still a long way to go despite turning a £½m loss in a period of 13 months ago into a profit of £250,000. I don't want to see Sunderland Football Club financially embarrassed again. I have been there when the hotel bill had to be paid before the players arrived. I don't want the club to be **** ociated with that sort of thing.
#year #increased #first
The year before saw a loss of around £125,000 – when the club was relegated from the Second Division for the first time in its history – the accounts released on this day in 1989 showed a turnaround of £375,000.
Increased match receipts of £450,482 and an interest-free loan of £600,000 by chairman Bob Murray were mostly responsible for the club showing a profit for the first time since 1985.
Average gates increased by around 4,000 to 17,426 to provide match receipts of £1,212,118, and though transfer fees were down on the previous year, the turnover increased by £233,273. The **** ets of the club stood at £39,224, the first positive figure since 1974, and this was a far healthier position than the previous year when net liabilities stood at £860,818. This pleased the chairman:
It's been worked for. There is still a long way to go despite turning a £½m loss in a period of 13 months ago into a profit of £250,000. I don't want to see Sunderland Football Club financially embarrassed again. I have been there when the hotel bill had to be paid before the players arrived. I don't want the club to be **** ociated with that sort of thing.
#year #increased #first
23 days ago
SCHD yields 3.82% with principal at risk daily, while VIG targets dividend growers built to outpace inflation over a long horizon.
Qualified dividends face tax rates between 0% and 20%, compared to up to 37% for savings interest, a gap that can exceed the difference in yields.
High-yield savings protect dollars with FDIC coverage up to $250,000, but rates float and can drop the moment the Fed cuts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
High-yield savings rates were holding steady on Oct. 8, 2026, according to Forbes. They are holding at a higher level than a month ago because the Federal Reserve raised its target range in September. Online banks use the federal funds rate's upper bound to price their accounts, and it moved from 3.75% to 4.00% on Sept. 16, 2026 and was unchanged as of Oct. 7. On that date the 4-week Treasury bill, the closest market benchmark for overnight cash, yielded 3.95%. Typical banks pay much less. The FDIC national average 12-month CD rate was 1.73% as of Sept. 1, 2026, and top online banks routinely pay a multiple of that average. Rates differ from bank to bank, so the posted APY at your own bank is the number that applies to you.
#savings #sept
Qualified dividends face tax rates between 0% and 20%, compared to up to 37% for savings interest, a gap that can exceed the difference in yields.
High-yield savings protect dollars with FDIC coverage up to $250,000, but rates float and can drop the moment the Fed cuts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
High-yield savings rates were holding steady on Oct. 8, 2026, according to Forbes. They are holding at a higher level than a month ago because the Federal Reserve raised its target range in September. Online banks use the federal funds rate's upper bound to price their accounts, and it moved from 3.75% to 4.00% on Sept. 16, 2026 and was unchanged as of Oct. 7. On that date the 4-week Treasury bill, the closest market benchmark for overnight cash, yielded 3.95%. Typical banks pay much less. The FDIC national average 12-month CD rate was 1.73% as of Sept. 1, 2026, and top online banks routinely pay a multiple of that average. Rates differ from bank to bank, so the posted APY at your own bank is the number that applies to you.
#savings #sept
23 days ago
My husband, who is 59 and an only child, recently inherited $3 million from his father. I'm 57, and we've been married since we were in our 20s. We've always kept most of our money separate, although we split the household bills and own our house together.
He grew up wealthy. His family had a big house, belonged to a country club and paid for his college and graduate school. He's always been comfortable spending money on things I think of as luxuries. My parents were middle-class and worked hard, but they never had much saved.
My brother-in-law convinced his parents to sign over their home and life savings to buy a $3 million compound. Do I intervene?
America's favorite index is misleading investors about the state of the stock market
We both still work. He's a partner at a consulting firm and makes $350,000 a year. I work in healthcare administration and earn $145,000. We have $1.6 million in retirement accounts, a little more than half of which belongs to my husband. We owe $280,000 on our $1.1 million house.
#we 've #husband #only
He grew up wealthy. His family had a big house, belonged to a country club and paid for his college and graduate school. He's always been comfortable spending money on things I think of as luxuries. My parents were middle-class and worked hard, but they never had much saved.
My brother-in-law convinced his parents to sign over their home and life savings to buy a $3 million compound. Do I intervene?
America's favorite index is misleading investors about the state of the stock market
We both still work. He's a partner at a consulting firm and makes $350,000 a year. I work in healthcare administration and earn $145,000. We have $1.6 million in retirement accounts, a little more than half of which belongs to my husband. We owe $280,000 on our $1.1 million house.
#we 've #husband #only
23 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A 65-year-old retiree has $1.2 million saved and plans to start withdrawals next year. His 27-year-old son has been following a group of social media accounts touting AI stocks, and he's urging his dad to move $300,000, a quarter of his savings, into a handful of them.
When the father hesitated, his son said he was scared of making money. The father isn't necessarily scared; he's cautious, and at his stage of life, that's a reasonable instinct. But he also doesn't want to dismiss his son or miss out on growth entirely.
Don't Miss:
40% Of Americans Aren't Invested In The Stock Market. And Money Isn't The Only Reason.
#isn 't #father #finance #don 't
A 65-year-old retiree has $1.2 million saved and plans to start withdrawals next year. His 27-year-old son has been following a group of social media accounts touting AI stocks, and he's urging his dad to move $300,000, a quarter of his savings, into a handful of them.
When the father hesitated, his son said he was scared of making money. The father isn't necessarily scared; he's cautious, and at his stage of life, that's a reasonable instinct. But he also doesn't want to dismiss his son or miss out on growth entirely.
Don't Miss:
40% Of Americans Aren't Invested In The Stock Market. And Money Isn't The Only Reason.
#isn 't #father #finance #don 't
24 days ago
Michael Dell, philanthropist and founder of Dell Technologies, pushed back against critics who argue that allowing wealthy investors to donate individual company stocks to Trump Accounts could have a nefarious impact.
Under new rules that took effect last week, charities can put individual stocks into kids' accounts as a donation. Trump Accounts are tax-advantaged investment vehicles that can be used for education expenses, starting a business, or saving for retirement. They were authorized in last year's One Big Beautiful Tax bill. Previously, the money was required to be invested in low-cost index funds.
Read more: Trump Accounts expand to stock donations. What are the benefits and risks?
So far, ***** eX President Gwynne Shotwell is the only donor to announce a major stock contribution, pledging more than 2 million shares to benefit lower-income children ages 11 to 17 living in lower-income areas.
"It's kind of hard for me to believe that's a bad thing, right?" Dell said Wednesday in an interview with Yahoo Finance. "That these children are going to somehow be negatively influenced because they now have one share of ***** eX, but they didn't have before, right? The alternative is they didn't have it, right?"
#last #lower
Under new rules that took effect last week, charities can put individual stocks into kids' accounts as a donation. Trump Accounts are tax-advantaged investment vehicles that can be used for education expenses, starting a business, or saving for retirement. They were authorized in last year's One Big Beautiful Tax bill. Previously, the money was required to be invested in low-cost index funds.
Read more: Trump Accounts expand to stock donations. What are the benefits and risks?
So far, ***** eX President Gwynne Shotwell is the only donor to announce a major stock contribution, pledging more than 2 million shares to benefit lower-income children ages 11 to 17 living in lower-income areas.
"It's kind of hard for me to believe that's a bad thing, right?" Dell said Wednesday in an interview with Yahoo Finance. "That these children are going to somehow be negatively influenced because they now have one share of ***** eX, but they didn't have before, right? The alternative is they didn't have it, right?"
#last #lower
24 days ago
Michael Dell, philanthropist and founder of Dell Technologies, pushed back against critics who argue that allowing wealthy investors to donate individual company stocks to Trump Accounts could have a nefarious impact.
Under new rules that took effect last week, charities can put individual stocks into kids' accounts as a donation. Trump Accounts are tax-advantaged investment vehicles that can be used for education expenses, starting a business, or saving for retirement. They were authorized in last year's One Big Beautiful Tax bill. Previously, the money was required to be invested in low-cost index funds.
Read more: Trump Accounts expand to stock donations. What are the benefits and risks?
So far, **** eX President Gwynne Shotwell is the only donor to announce a major stock contribution, pledging more than 2 million shares to benefit lower-income children ages 11 to 17 living in lower-income areas.
"It's kind of hard for me to believe that's a bad thing, right?" Dell said Wednesday in an interview with Yahoo Finance. "That these children are going to somehow be negatively influenced because they now have one share of **** eX, but they didn't have before, right? The alternative is they didn't have it, right?"
#accounts
Under new rules that took effect last week, charities can put individual stocks into kids' accounts as a donation. Trump Accounts are tax-advantaged investment vehicles that can be used for education expenses, starting a business, or saving for retirement. They were authorized in last year's One Big Beautiful Tax bill. Previously, the money was required to be invested in low-cost index funds.
Read more: Trump Accounts expand to stock donations. What are the benefits and risks?
So far, **** eX President Gwynne Shotwell is the only donor to announce a major stock contribution, pledging more than 2 million shares to benefit lower-income children ages 11 to 17 living in lower-income areas.
"It's kind of hard for me to believe that's a bad thing, right?" Dell said Wednesday in an interview with Yahoo Finance. "That these children are going to somehow be negatively influenced because they now have one share of **** eX, but they didn't have before, right? The alternative is they didn't have it, right?"
#accounts
24 days ago
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Deciding how much to withdraw from your retirement accounts means finding a balance between enjoying life and making your money last. Taking too little leaves you with unused savings, while taking too much risks running out of money later. Taxes also affect how much you can actually spend. To help you create a retirement budget, let's break down the example of a 67-year-old with $870,000 in a 401(k), $120,000 in an IRA and $26,400 annually from Social Security. Here's what a withdrawal plan could look based on two rates.
A financial advisor can help you create a withdrawal strategy that balances your lifestyle needs, tax impacts and long-term retirement goals.
A 401(k) and a traditional IRA are both retirement accounts funded with pre-tax dollars. Contributions are deducted from your taxable income, allowing you to grow savings faster because the money enters the account before taxes. In retirement, however, all withdrawals are taxed as ordinary income. This includes both the money you contributed and the investment earnings.
This is different from a Roth IRA, which is funded with after-tax dollars. You do not receive an upfront tax deduction for contributions. The benefit comes later: withdrawals in retirement are tax-free, including both contributions and earnings.
#taking #taxes #later #Help
Deciding how much to withdraw from your retirement accounts means finding a balance between enjoying life and making your money last. Taking too little leaves you with unused savings, while taking too much risks running out of money later. Taxes also affect how much you can actually spend. To help you create a retirement budget, let's break down the example of a 67-year-old with $870,000 in a 401(k), $120,000 in an IRA and $26,400 annually from Social Security. Here's what a withdrawal plan could look based on two rates.
A financial advisor can help you create a withdrawal strategy that balances your lifestyle needs, tax impacts and long-term retirement goals.
A 401(k) and a traditional IRA are both retirement accounts funded with pre-tax dollars. Contributions are deducted from your taxable income, allowing you to grow savings faster because the money enters the account before taxes. In retirement, however, all withdrawals are taxed as ordinary income. This includes both the money you contributed and the investment earnings.
This is different from a Roth IRA, which is funded with after-tax dollars. You do not receive an upfront tax deduction for contributions. The benefit comes later: withdrawals in retirement are tax-free, including both contributions and earnings.
#taking #taxes #later #Help
24 days ago
Required IRA withdrawals begin at age 73 or 75, depending on your birth year, and each withdrawal is based on the previous year's end balance.
Your RMD is recalculated annually, so the required amount can go up or down from one year to the next.
With a $1 million IRA in our example, the first RMD is about $40,650, then rises over time before falling.
As retirement approaches, a key planning question is how the money you've saved eventually becomes income. That can mean weighing Social Security, pensions, and cash reserves, and when to begin tapping your retirement accounts.
But eventually, at least some withdrawals are no longer optional. Required minimum distributions (RMDs) begin once you reach the applicable age, so it's useful to know how much you have to take out and what that would mean for your income, taxes, and spending.
#income
Your RMD is recalculated annually, so the required amount can go up or down from one year to the next.
With a $1 million IRA in our example, the first RMD is about $40,650, then rises over time before falling.
As retirement approaches, a key planning question is how the money you've saved eventually becomes income. That can mean weighing Social Security, pensions, and cash reserves, and when to begin tapping your retirement accounts.
But eventually, at least some withdrawals are no longer optional. Required minimum distributions (RMDs) begin once you reach the applicable age, so it's useful to know how much you have to take out and what that would mean for your income, taxes, and spending.
#income
24 days ago
Capital One (COF) paid $390M for failing to flag money laundering, then faced suit for closing Trump-linked accounts; JPMorgan (JPM) faces a similar lawsuit.
Fewer than 1% of over 8,000 CFPB debanking complaints alleged political bias, yet federal programs like Operation Choke Point cut off entire industries.
FinCEN withdrew two proposed crypto reporting rules, but compliance teams will stay cautious until courts rule on banks' right to close any account freely.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
American banks are caught between two kinds of punishment. If they miss dirty money, regulators fine them. If they flag it and close the account, they get sued for debanking. Capital One (NYSE:COF) has paid on both sides, and its record shows which way the pressure is moving.
#capital #debanking
Fewer than 1% of over 8,000 CFPB debanking complaints alleged political bias, yet federal programs like Operation Choke Point cut off entire industries.
FinCEN withdrew two proposed crypto reporting rules, but compliance teams will stay cautious until courts rule on banks' right to close any account freely.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
American banks are caught between two kinds of punishment. If they miss dirty money, regulators fine them. If they flag it and close the account, they get sued for debanking. Capital One (NYSE:COF) has paid on both sides, and its record shows which way the pressure is moving.
#capital #debanking
24 days ago
Where should you put your extra cash -- into a savings account, or invest it in the stock market? It depends on how much money you have and how long you can leave that money alone. It depends on when you need that money, if you want to keep your money safe, or make your money grow.
The stock market is not the same as a savings account. Savings accounts are mostly risk-free: Your money in the bank is typically protected by FDIC insurance. You're guaranteed to get paid a certain rate of interest on your savings.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
So what is the stock market? It might be the best wealth-builder the world has ever seen. And it's easier than ever before to invest in stocks. You can participate in the stock market with just a few dollars at a time.
Let's look at why the stock market could be a better place for your money than a savings account, and which low-cost index fund I recommend to most investors who want to build wealth in 2026 and beyond.
#savings
The stock market is not the same as a savings account. Savings accounts are mostly risk-free: Your money in the bank is typically protected by FDIC insurance. You're guaranteed to get paid a certain rate of interest on your savings.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
So what is the stock market? It might be the best wealth-builder the world has ever seen. And it's easier than ever before to invest in stocks. You can participate in the stock market with just a few dollars at a time.
Let's look at why the stock market could be a better place for your money than a savings account, and which low-cost index fund I recommend to most investors who want to build wealth in 2026 and beyond.
#savings
25 days ago
Giving out checks to Americans has emerged as one of President Trump's major messages in the final weeks of the campaign season.
But Americans are skeptical, as multiple polls show voters harbor serious doubts about whether Trump will deliver and whether the cost would hurt the economy.
The president is nevertheless determined to escalate the issue with 29 days until the midterm elections. This past weekend, he mentioned checks at every campaign stop and made a new pledge to send $90 to millions of seniors enrolled in Medicare Part B.
The payment is intended to offset October Medicare premiums and will be deposited this month, but Trump emphasized that it will come in the form of cash.
"Over 20 million seniors on Medicare will soon be receiving a deposit of nearly $100 directly into their bank accounts," he announced on Truth Social. "You'll get your money almost immediately."
#medicare #Trump #whether #part
But Americans are skeptical, as multiple polls show voters harbor serious doubts about whether Trump will deliver and whether the cost would hurt the economy.
The president is nevertheless determined to escalate the issue with 29 days until the midterm elections. This past weekend, he mentioned checks at every campaign stop and made a new pledge to send $90 to millions of seniors enrolled in Medicare Part B.
The payment is intended to offset October Medicare premiums and will be deposited this month, but Trump emphasized that it will come in the form of cash.
"Over 20 million seniors on Medicare will soon be receiving a deposit of nearly $100 directly into their bank accounts," he announced on Truth Social. "You'll get your money almost immediately."
#medicare #Trump #whether #part
25 days ago
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Deposit account rates have started to tick back up after the Federal Reserve's recent rate increase. That means you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs pay as much as 4% APY or higher in some cases. Read on for a snapshot of CD rates today and where to find the best offers.
CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% APY.
Today, Tuesday, October 6, 2026, the highest CD rate is 4.50%, and it's offered by Northwestern Federal Credit Union on its 15-month CD
The 's a look at some of the best CD rates available today, Tuesday, October 6, 2026, from our verified partners.
#rates #best
Deposit account rates have started to tick back up after the Federal Reserve's recent rate increase. That means you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs pay as much as 4% APY or higher in some cases. Read on for a snapshot of CD rates today and where to find the best offers.
CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% APY.
Today, Tuesday, October 6, 2026, the highest CD rate is 4.50%, and it's offered by Northwestern Federal Credit Union on its 15-month CD
The 's a look at some of the best CD rates available today, Tuesday, October 6, 2026, from our verified partners.
#rates #best
25 days ago
Treasury Secretary Scott Bessent said the child savings accounts known as Trump Accounts will complement Social Security, improving retirement security for the youngest Americans.
"Depending on which age a beneficiary decides to take Social Security — 62, 65, 70 — on the other side of the ledger, if they have maintained their Trump accounts into retirement age, then they will also have a substantial nest egg that they can grow upon for their retirement needs," Bessent said at an event on Monday, highlighting the Trump Accounts in Harrisburg, Pa.
As of Oct. 1, the Treasury Department shifted the accounts from a voluntary index-fund investment to automatic enrollment to ensure broader access to the child savings accounts.
Read more: How to open a Trump Account for your child: A step-by-step guide
Nearly 70 million children under 18 with a valid Social Security number now have Trump accounts established in their names. That's up from 7 million signups last week. It's now up to parents and guardians to claim their child's account.
#accounts #security #Retirement #account
"Depending on which age a beneficiary decides to take Social Security — 62, 65, 70 — on the other side of the ledger, if they have maintained their Trump accounts into retirement age, then they will also have a substantial nest egg that they can grow upon for their retirement needs," Bessent said at an event on Monday, highlighting the Trump Accounts in Harrisburg, Pa.
As of Oct. 1, the Treasury Department shifted the accounts from a voluntary index-fund investment to automatic enrollment to ensure broader access to the child savings accounts.
Read more: How to open a Trump Account for your child: A step-by-step guide
Nearly 70 million children under 18 with a valid Social Security number now have Trump accounts established in their names. That's up from 7 million signups last week. It's now up to parents and guardians to claim their child's account.
#accounts #security #Retirement #account
25 days ago
The Los Angeles community has rallied around Chad Lowe's family as they navigate the devastating loss of his 13-year-old daughter, Fiona Lowe.
Friends and families connected to Fiona's school have reportedly offered practical help, but the family has chosen to keep that support within a small, private circle.
Their decision comes as the school community also works to care for students and staff, creating a broader network of support around those grieving the teenager's death.
KTLA/Broadimage / MEGA
The outpouring of support for Chad Lowe's family has reportedly extended beyond condolences, with several families from Fiona's school offering meal trains and even GoFundMe accounts.
#support #chad #community
Friends and families connected to Fiona's school have reportedly offered practical help, but the family has chosen to keep that support within a small, private circle.
Their decision comes as the school community also works to care for students and staff, creating a broader network of support around those grieving the teenager's death.
KTLA/Broadimage / MEGA
The outpouring of support for Chad Lowe's family has reportedly extended beyond condolences, with several families from Fiona's school offering meal trains and even GoFundMe accounts.
#support #chad #community
26 days ago
Sean "Diddy" Combs is headed back into solitary confinement, a day after a report described a prison life of massages, smuggled liquor, and contraband phones.
Staff at FCI Fort Dix are returning Combs to the facility's Special Housing Unit, according to TMZ, which was told the move came in direct response to this week's NBC News reporting on his alleged perks. Sources described the placement as typical procedure while prison officials run an investigation.
The report in question drew on four men who spent time in Combs' unit at the New Jersey prison. They said the mogul had other inmates making his bed, doing his laundry, and cleaning his toilet before he used it.
Sources also revealed to NBC News that inmates cooked for him on makeshift heating elements, turning out curry chicken, pizza and empanadas, and that others gave him Chinese-style massages. Thousands of dollars a month allegedly flowed into their commissary accounts.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#shop
Staff at FCI Fort Dix are returning Combs to the facility's Special Housing Unit, according to TMZ, which was told the move came in direct response to this week's NBC News reporting on his alleged perks. Sources described the placement as typical procedure while prison officials run an investigation.
The report in question drew on four men who spent time in Combs' unit at the New Jersey prison. They said the mogul had other inmates making his bed, doing his laundry, and cleaning his toilet before he used it.
Sources also revealed to NBC News that inmates cooked for him on makeshift heating elements, turning out curry chicken, pizza and empanadas, and that others gave him Chinese-style massages. Thousands of dollars a month allegedly flowed into their commissary accounts.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#shop
29 days ago
A new biography about Tom Brady includes details about the end of his marriage to Gisele Bündchen. "Brady: An American Story and the Price of Greatness" was written by sports journalist Lars Anderson and released on Sept. 29, 2026.
The book draws on more than 350 interviews with people who knew Brady on and off the field. It includes accounts about the couple's marriage and their 2022 divorce. Bündchen has previously said the reasons for their split were more complicated than reports that linked it primarily to Brady's football career.
Anderson's biography examines Brady's life beyond his record-setting football career. Publisher Celadon Books says the author conducted more than 350 original interviews with people who knew Brady on and off the field. The book explores his childhood, career, family life, and retirement.
It also examines what Anderson presents as the personal cost of Brady's intense commitment to football and his pursuit of success. The marriage receives considerable attention because it overlapped with some of Brady's biggest professional achievements. Brady and Bündchen married in 2009 and remained together for 13 years before finalizing their divorce in October 2022.
They share a son, Benjamin, and a daughter, Vivian. Both described the divorce as difficult while emphasizing that their children would remain a priority as they moved forward separately.
#book
The book draws on more than 350 interviews with people who knew Brady on and off the field. It includes accounts about the couple's marriage and their 2022 divorce. Bündchen has previously said the reasons for their split were more complicated than reports that linked it primarily to Brady's football career.
Anderson's biography examines Brady's life beyond his record-setting football career. Publisher Celadon Books says the author conducted more than 350 original interviews with people who knew Brady on and off the field. The book explores his childhood, career, family life, and retirement.
It also examines what Anderson presents as the personal cost of Brady's intense commitment to football and his pursuit of success. The marriage receives considerable attention because it overlapped with some of Brady's biggest professional achievements. Brady and Bündchen married in 2009 and remained together for 13 years before finalizing their divorce in October 2022.
They share a son, Benjamin, and a daughter, Vivian. Both described the divorce as difficult while emphasizing that their children would remain a priority as they moved forward separately.
#book
29 days ago
Prince Harry is back in the spotlight after his eco-travel initiative, Travalyst, reported a five-figure loss. The Duke of Sussex launched the non-profit venture in 2019 with the goal of making travel more sustainable. Travalyst has maintained that the loss was planned and formed part of an investment in the organization's future.
According to RadarOnline.com, citing Travalyst's latest annual accounts, the organization recorded a loss of around $17,000 (£13,542) in 2025. The result represented a reversal from the previous year's stronger financial position.
A Travalyst spokesperson characterized the deficit as planned and relatively small, saying, "It was a planned and small loss of £13,000, very typical of a lean, not-for-profit organisation, making a critical investment for the future." The spokesperson continued, "Travalyst remains confident in its financial oversight and strength of its partnerships."
Questions surrounding Harry's role in the venture have persisted since 2023. The Duke of Sussex was reportedly absent during the organization's "pilot phase," which saw five new board members join with "world-class expertise." He has also become less visible as the venture's public face, with his most recent appearance in a promotional video dating back to May 2022.
Harry and his wife Meghan Markle's documentary, "Cookie Queens", also reportedly failed at the box office. In an interview with Page Six, royal commentator Kinsey Schofield advised the couple to "disappear professionally."
#planned #sussex
According to RadarOnline.com, citing Travalyst's latest annual accounts, the organization recorded a loss of around $17,000 (£13,542) in 2025. The result represented a reversal from the previous year's stronger financial position.
A Travalyst spokesperson characterized the deficit as planned and relatively small, saying, "It was a planned and small loss of £13,000, very typical of a lean, not-for-profit organisation, making a critical investment for the future." The spokesperson continued, "Travalyst remains confident in its financial oversight and strength of its partnerships."
Questions surrounding Harry's role in the venture have persisted since 2023. The Duke of Sussex was reportedly absent during the organization's "pilot phase," which saw five new board members join with "world-class expertise." He has also become less visible as the venture's public face, with his most recent appearance in a promotional video dating back to May 2022.
Harry and his wife Meghan Markle's documentary, "Cookie Queens", also reportedly failed at the box office. In an interview with Page Six, royal commentator Kinsey Schofield advised the couple to "disappear professionally."
#planned #sussex
30 days ago
Elijah Randolf, a popular content creator, has been reported missing after sharing an eerie video saying farewell to his followers
The content creator said in a Sept. 30 video he was "done" with social media, but didn't specify why
A spokesperson for the San Francisco Police Department told PEOPLE that it had received a report in the evening of Sept. 30 that Randolph was missing and had opened a missing persons case
Elijah Randolf, a popular content creator, was been reported missing the same day he shared an eerie video saying farewell to his followers.
On Sept. 30, Randolph — whose legal name is Ellis Randolph — shared a video to his TikTok and Instagram accounts, telling his followers that he was "done" with social media. In the clip, which he said he initially recorded on Feb. 16, he admitted his followers "probably won't ever see me again" but didn't share a further reason for his departure.
#missing #elijah #randolf
The content creator said in a Sept. 30 video he was "done" with social media, but didn't specify why
A spokesperson for the San Francisco Police Department told PEOPLE that it had received a report in the evening of Sept. 30 that Randolph was missing and had opened a missing persons case
Elijah Randolf, a popular content creator, was been reported missing the same day he shared an eerie video saying farewell to his followers.
On Sept. 30, Randolph — whose legal name is Ellis Randolph — shared a video to his TikTok and Instagram accounts, telling his followers that he was "done" with social media. In the clip, which he said he initially recorded on Feb. 16, he admitted his followers "probably won't ever see me again" but didn't share a further reason for his departure.
#missing #elijah #randolf
30 days ago
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The Treasury Department said that over 60 million children have been automatically enrolled in Trump Accounts, according to guidance filed with the Federal Register.
"Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed," Treasury Secretary Scott Bessent said in a statement.
The idea behind Trump Accounts is to give children a head start on building wealth. The accounts are a new type of tax-deferred individual retirement account for children. Any eligible child under 18 with a valid Social Security number can open an account, while U.S. citizens born between 2025 and 2028 may also qualify for a one-time $1,000 contribution from the government.
Until now, parents or guardians were required to sign up for accounts on their children's behalf. Participation has been low, however.
#accounts #treasury #million
The Treasury Department said that over 60 million children have been automatically enrolled in Trump Accounts, according to guidance filed with the Federal Register.
"Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed," Treasury Secretary Scott Bessent said in a statement.
The idea behind Trump Accounts is to give children a head start on building wealth. The accounts are a new type of tax-deferred individual retirement account for children. Any eligible child under 18 with a valid Social Security number can open an account, while U.S. citizens born between 2025 and 2028 may also qualify for a one-time $1,000 contribution from the government.
Until now, parents or guardians were required to sign up for accounts on their children's behalf. Participation has been low, however.
#accounts #treasury #million
1 month ago
Millions of Americans recently received unwelcome news about their cell phone bills.
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ******* ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
#august #plans
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ******* ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
#august #plans
1 month ago
Millions of Americans recently received unwelcome news about their cell phone bills.
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ******* ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
#Consumer
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ******* ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
#Consumer
1 month ago
Elon Musk has never shied away from ambitious timelines, and his most recent one connects two companies directly together. In a post on X dated September 13, Musk stated that he is "highly confident" that **** e Exploration Technologies Corp. (NASDAQ:SPCX) will transport NVIDIA Corporation (NASDAQ:NVDA) Vera Rubin NVL72 AI computers into orbit next year, repeating a plan that has already moved both companies' stock this year.
The comment strengthens **** eX's Starmind concept, which aims to establish AI data centers in orbit rather than on the ground. The first satellite, named Starmind AI1, will carry a **** e-optimized version of NVIDIA's Vera Rubin NVL72 rack-scale system. The standard terrestrial NVL72 combines 72 Rubin GPUs and 36 Vera CPUs, although **** eX and NVIDIA have not disclosed the final configuration of the orbital version. **** e Exploration Technologies Corp. (NASDAQ:SPCX) plans to launch the satellite in the fourth quarter of 2027 and reach substantial scale by 2028. Musk's plan isn't new; during **** eX's first earnings conference as a public company in August, he stated that the company would build exclusively on NVIDIA hardware in the future, calling the Vera Rubin architecture the best available AI computer design.
Musk's central point is that **** e is, in the long run, the most cost-effective area to develop AI computing. He cites solar power availability in orbit as a crucial advantage, and estimates that within two to three years, **** e might become the lowest-cost place for AI computing in general, describing the orbital architecture as simpler, less expensive, denser, and lighter than a standard data-center rack. Not everyone believes the physics and economics will align on Musk's timeframe. Microsoft President Brad Smith has publicly questioned the broader concept, telling reporters that he would be surprised if companies actually transferred computation from land to low-Earth orbit.
For NVIDIA Corporation (NASDAQ:NVDA), the read-through is simple: **** e-based computing would represent a new, if early-stage and speculative, source of demand for its Vera Rubin platform, on top of the company's strong position in terrestrial AI infrastructure. According to some **** yst models, **** eX accounts for approximately 5% of NVIDIA's revenue.
SpaceX's reasoning is more convoluted. The plan is entirely dependent on the success of Starship, **** eX's next-generation rocket system, which still needs to demonstrate its capacity to handle launch frequency and reliability on the scale Musk describes. When Musk said during **** eX's August earnings call that the company would build its future AI infrastructure exclusively on NVIDIA, NVDA shares rose more than 4%, while **** eX's shares fell more than 10% before paring losses, reflecting investor concerns about execution risk and capital intensity, despite the fact that the NVIDIA relationship was well received.
#Companies
The comment strengthens **** eX's Starmind concept, which aims to establish AI data centers in orbit rather than on the ground. The first satellite, named Starmind AI1, will carry a **** e-optimized version of NVIDIA's Vera Rubin NVL72 rack-scale system. The standard terrestrial NVL72 combines 72 Rubin GPUs and 36 Vera CPUs, although **** eX and NVIDIA have not disclosed the final configuration of the orbital version. **** e Exploration Technologies Corp. (NASDAQ:SPCX) plans to launch the satellite in the fourth quarter of 2027 and reach substantial scale by 2028. Musk's plan isn't new; during **** eX's first earnings conference as a public company in August, he stated that the company would build exclusively on NVIDIA hardware in the future, calling the Vera Rubin architecture the best available AI computer design.
Musk's central point is that **** e is, in the long run, the most cost-effective area to develop AI computing. He cites solar power availability in orbit as a crucial advantage, and estimates that within two to three years, **** e might become the lowest-cost place for AI computing in general, describing the orbital architecture as simpler, less expensive, denser, and lighter than a standard data-center rack. Not everyone believes the physics and economics will align on Musk's timeframe. Microsoft President Brad Smith has publicly questioned the broader concept, telling reporters that he would be surprised if companies actually transferred computation from land to low-Earth orbit.
For NVIDIA Corporation (NASDAQ:NVDA), the read-through is simple: **** e-based computing would represent a new, if early-stage and speculative, source of demand for its Vera Rubin platform, on top of the company's strong position in terrestrial AI infrastructure. According to some **** yst models, **** eX accounts for approximately 5% of NVIDIA's revenue.
SpaceX's reasoning is more convoluted. The plan is entirely dependent on the success of Starship, **** eX's next-generation rocket system, which still needs to demonstrate its capacity to handle launch frequency and reliability on the scale Musk describes. When Musk said during **** eX's August earnings call that the company would build its future AI infrastructure exclusively on NVIDIA, NVDA shares rose more than 4%, while **** eX's shares fell more than 10% before paring losses, reflecting investor concerns about execution risk and capital intensity, despite the fact that the NVIDIA relationship was well received.
#Companies
1 month ago
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Osaic has been hit with a class action suit claiming the firm put its own profits ahead of customers in how it has handled its various cash sweep programs.
In the suit filed in Arizona federal court, Osaic customers Robin Nackman and Douglas Whittaker accused Osaic of a "dramatic underpayment of interest" to their customers, violating their "contractual, implied and/or fiduciary obligations" to the plaintiffs.
"Despite its representation to the contrary, Osaic categorically has not adjusted interest rates paid to customers based on economic or prevailing market factors, but rather has kept the sweep rates artificially depressed as to reap substantial profits for itself," the complaint read.
In the complaint, Nackman and Whittaker argue that typically, uninvested cash from customer accounts is moved (or "swept") into interest-bearing accounts, generating client returns.
#osaic #wealthmanagement #whittaker #suit
Osaic has been hit with a class action suit claiming the firm put its own profits ahead of customers in how it has handled its various cash sweep programs.
In the suit filed in Arizona federal court, Osaic customers Robin Nackman and Douglas Whittaker accused Osaic of a "dramatic underpayment of interest" to their customers, violating their "contractual, implied and/or fiduciary obligations" to the plaintiffs.
"Despite its representation to the contrary, Osaic categorically has not adjusted interest rates paid to customers based on economic or prevailing market factors, but rather has kept the sweep rates artificially depressed as to reap substantial profits for itself," the complaint read.
In the complaint, Nackman and Whittaker argue that typically, uninvested cash from customer accounts is moved (or "swept") into interest-bearing accounts, generating client returns.
#osaic #wealthmanagement #whittaker #suit
1 month ago
Ramsey warns that depreciating ****** ets like cars erode wealth, and 84% of millionaires credited ditching car payments as key to building it.
A $30,000 car loses roughly $18,000 in value within five years, and average annual ownership costs hit $11,577, making cars a major wealth drag.
Since Micah maxes retirement accounts, carries zero debt, and pays cash, buying the sports car is defensible if he maintains those financial habits.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
A caller to the Dave Ramsey Show recently sparked a pointed conversation about cars, wealth, and what it actually means to earn a solid income. The caller was Micah, a 24-year-old earning $80,000 per year. He maxes out both his 401(k) and IRA and carries zero debt. His question was simple: he has $30,000 in cash and wants to put it toward a 2019 Nissan 370Z as a weekend car, but he wonders whether investing the money instead would serve him better long-term.
#zero
A $30,000 car loses roughly $18,000 in value within five years, and average annual ownership costs hit $11,577, making cars a major wealth drag.
Since Micah maxes retirement accounts, carries zero debt, and pays cash, buying the sports car is defensible if he maintains those financial habits.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
A caller to the Dave Ramsey Show recently sparked a pointed conversation about cars, wealth, and what it actually means to earn a solid income. The caller was Micah, a 24-year-old earning $80,000 per year. He maxes out both his 401(k) and IRA and carries zero debt. His question was simple: he has $30,000 in cash and wants to put it toward a 2019 Nissan 370Z as a weekend car, but he wonders whether investing the money instead would serve him better long-term.
#zero
1 month ago
TIPS held in taxable brokerage accounts generate phantom income from inflation-adjusted principal, potentially pushing up to 85% of Social Security benefits into taxable income.
30-year TIPS currently yield 2.96% above inflation, but account placement determines how much of that real return retirees actually keep after taxes.
Holding TIPS inside a traditional IRA defers inflation-adjustment taxation until withdrawal, shielding annual principal increases from the Social Security provisional income formula.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
A 71-year-old retiree did what the textbooks suggest. He built a ladder of Treasury Inflation-Protected Securities in his brokerage account to keep inflation from quietly eating away at retirement. The timing looks unusually attractive. As of August 28, Treasury's real-yield curve put 10-year TIPS at 2.42% and 30-year TIPS at 2.96%. Those are yields above inflation for an investor buying at current market prices and holding to maturity. That 2.96% is a real yield, meaning it sits on top of the inflation adjustment rather than competing with the inflation rate itself.
#real #taxable
30-year TIPS currently yield 2.96% above inflation, but account placement determines how much of that real return retirees actually keep after taxes.
Holding TIPS inside a traditional IRA defers inflation-adjustment taxation until withdrawal, shielding annual principal increases from the Social Security provisional income formula.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
A 71-year-old retiree did what the textbooks suggest. He built a ladder of Treasury Inflation-Protected Securities in his brokerage account to keep inflation from quietly eating away at retirement. The timing looks unusually attractive. As of August 28, Treasury's real-yield curve put 10-year TIPS at 2.42% and 30-year TIPS at 2.96%. Those are yields above inflation for an investor buying at current market prices and holding to maturity. That 2.96% is a real yield, meaning it sits on top of the inflation adjustment rather than competing with the inflation rate itself.
#real #taxable
1 month ago
Kansas City Federal Reserve president Jeff Schmid said Friday that he supported the central bank's decision to raise interest rates this week and suggested that more rate hikes could be warranted, a view that was echoed by the rest of the central bank and Fed Chairman Kevin Warsh.
"The Fed has work to do on inflation, and this week's action was a step in that direction," Schmid said in a speech in Vail, Colo.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
The Federal Open Market Committee voted on Wednesday in a unanimous decision to raise its benchmark interest rate to the range of 3.75% to 4% from 3.5% to 3.75%, the first rate hike since July 2023
Schmid noted that inflation has run above the central bank's 2% target for over five years, and the most recent price readings suggest a pace trending above 3%. Inflation has jumped this year as oil and overall energy prices have leapt higher amid the conflict with Iran. Even when stripping out energy and food prices, so-called "core" inflation has also been sticky.
#interest
"The Fed has work to do on inflation, and this week's action was a step in that direction," Schmid said in a speech in Vail, Colo.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
The Federal Open Market Committee voted on Wednesday in a unanimous decision to raise its benchmark interest rate to the range of 3.75% to 4% from 3.5% to 3.75%, the first rate hike since July 2023
Schmid noted that inflation has run above the central bank's 2% target for over five years, and the most recent price readings suggest a pace trending above 3%. Inflation has jumped this year as oil and overall energy prices have leapt higher amid the conflict with Iran. Even when stripping out energy and food prices, so-called "core" inflation has also been sticky.
#interest
1 month ago
Millions of Americans recently received unwelcome news about their cell phone bills.
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ***** ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
#month #americans #august #older
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ***** ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
#month #americans #august #older
1 month ago
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If you're looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with the best rates available. Here is a look at some of the best CD rates available today from our verified partners:
Today's CD rates vary quite a bit. In general, however, CD rates have been declining for quite some time due to the Fed's decision to cut its benchmark rate three times in the latter part of 2024 and three times in 2025. Even so, with the Fed leaving rates unchanged so far in 2026, some banks are still offering competitive CD rates.
For institutions offering competitive rates, top rates reach about 4% APY. This is especially true for shorter terms of one year or less.
Today, Friday, September 18, 2026, the highest CD rate is 4.40%, and it's offered by Happen Bank on its 2-year CD.
#quite #rate
If you're looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with the best rates available. Here is a look at some of the best CD rates available today from our verified partners:
Today's CD rates vary quite a bit. In general, however, CD rates have been declining for quite some time due to the Fed's decision to cut its benchmark rate three times in the latter part of 2024 and three times in 2025. Even so, with the Fed leaving rates unchanged so far in 2026, some banks are still offering competitive CD rates.
For institutions offering competitive rates, top rates reach about 4% APY. This is especially true for shorter terms of one year or less.
Today, Friday, September 18, 2026, the highest CD rate is 4.40%, and it's offered by Happen Bank on its 2-year CD.
#quite #rate
