Sonic launches ‘Daily Cravings & Savings’ deals, new $1.99 menu
As fast food chains continue to push discounts to attract cash-strapped customers, Sonic has launched a “Daily Cravings & Savings” lineup with deals as low as $1.49. Sonic offers deals on menu items on select days of the week for a month at a time. After that, the company plans to release new daily specials […]
Opening a savings account? Here's what to know
Savings accounts are a great place to stash cash for a rainy day, but their benefits and costs vary by bank. According to , in 2022, the typical American had $8,000 in cash in their bank account. Data from the Federal Reserve System. This is a 30% increase from 2019. Unlike checking accounts, which typically […]
Keanu Reeves scammer swindles widow, 67, out of life savings in romance fraud: ‘I was lonely’
A senior citizen in San Diego is now living in his car after being scammed out of his life savings by a scammer pretending to be Keanu Reeves. Katherine Goodson, 67, went public with her harrowing story to raise awareness about the growing number of celebrity romance scams affecting older people. “I don't blame anyone […]
Scammers exploited mom’s fears to steal her entire life’s savings
Imagine receiving a phone call that changes your life forever. The call is full of urgency, authority, and the most convincing deception that can fall prey to even the most cautious person. Barb G's story is one that no family should ever have to endure. She emailed us to tell us that her elderly mother, […]
54 percent of employees have dipped into retirement savings for emergencies
As the new year approaches, money worries remain top of mind for many Americans. actual, Research by Ally Financial Recently, we found that 45 percent of Americans are worried about their personal finances. This is due to a number of factors, many of which are economic related, such as changes in interest rates, cost of […]
Think you’re safe? Identity theft could wipe out your entire life’s savings
Identity theft is a widespread problem, affecting millions of Americans each year. In 2023 alone, American adults lost a staggering $43 billion to identity fraud. The following story illustrates the devastating impact this crime has on an individual. Paula DisburyThe former Colgate Palmolive employee was living a comfortable life when she discovered $750,000 had been […]
Gen X helps drives retirement savings balances to new record
“Barron's Roundtable” discusses reports that members of Generation Z are actively looking to retire. New data from Fidelity Investments shows that Gen The financial services firm reported Thursday in its third-quarter retirement analysis that total contributions increased by a whopping 35% compared to the same period in 2023, as Gen did. Generation X was thought […]
Brazilian real hits all-time low as investors doubt cost savings plan – Financial Times
Unlock Editor's Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Brazil's currency tumbled on Thursday, after government promises to cut costs by 70 billion reais (US$12 billion) over the next two years failed to calm investors' nerves over Latin America's largest economy's finances. It fell to its […]
Is a retirement savings crisis looming?
In “The Bottom Line,” President Trump donor Norm Champ details how the Biden-Harris rule is hurting Americans' retirement savings. Tens of millions of private sector workers lack access to retirement savings plans through their employers, which experts at AARP's Public Policy Institute warn could pose a significant burden to future taxpayers. There is. The institute […]
Taking stock of bonds: Does the 60/40 rule still have a role in retirement savings? – USA TODAY
The 60/40 rule is a basic principle of investing. They should aim to keep 60% of their assets in stocks and 40% in bonds. Stocks can provide solid returns, but they are volatile. Bonds provide a small but stable income and act as a cushion when stock prices decline. The 60/40 rule is one of […]