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Monthly Archives: December 2022

Amazon stock gives up pandemic gains after almost 50% plunge this year

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon‘s stock price has lost all of its pandemic-fueled gains, falling back to where it was trading when Covid-19 started shutting down the U.S. economy. On Monday, the …

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Warren warns Tesla board Musk may have Twitter conflicts of interest

Sen. Elizabeth Warren (D-MA) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters Sen. Elizabeth Warren, D-Mass., wrote …

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Key things to know about health savings accounts as you near retirement

Ariel Skelley | The Image Bank | Getty Images If you have a health savings account and are nearing retirement age, be aware that some of the rules are different for the older crowd. HSAs, which can only used in conjunction with so-called high-deductible health plans, offer a “triple tax” …

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21% of investors don’t think they pay fees. Here’s why they’re wrong

Damircudic | E+ | Getty Images More than a fifth of investors don’t think they pay any fees for their investment accounts, an industry survey has found. Most of them, however, are likely wrong — and that knowledge gap could cost them big money in the long term. To that …

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FTX founder Bankman-Fried sent back to Bahamas jail

FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force at the Nassau, Bahamas, courthouse on December 19, 2022. Kris Ingraham | AFP | Getty Images Sam Bankman-Fried will not return to the U.S. and will instead be remanded back to Bahamian prison …

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European Union approves cap on natural gas prices

Environmental campaigners argue the risk of sabotage or an accident makes fossil infrastructure a “ticking time bomb.” Lisi Niesner | Reuters European Union energy ministers agreed to a “dynamic” cap on natural gas prices Monday after two months of intense negotiations. Introducing a limit on gas prices has proved controversial …

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Gen Z on new college and career plans in post-Roe America

There is an endless list of factors students consider while choosing a college: size, cost, campus life, proximity to home.  But since the U.S. Supreme Court overturned Roe v. Wade in June — removing nearly 50 years of federal protections for abortions and giving states the right to make the …

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Millionaires plan to cut their holiday spending due to inflation

A pedestrian carries shopping bags while walking through Union Square on May 17, 2022 in San Francisco, California. Justin Sullivan | Getty Images American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the wealth …

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5 questions to ask your financial advisor before the end of the year

Delpixart | Istock | Getty Images The end of the year is a time to give thanks and celebrate the holidays with our families. It’s also an opportunity to reevaluate the previous 12 months and ask your financial advisor some very productive questions. 1. What’s your investment decision process? We …

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Inside a Malibu mansion on sale for $58.8 million

This $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu.  At 16,600 square feet, it’s the grandest single-structure residence in town and a whopping 4,100 square feet bigger than the next-largest home on the market. The Bali-inspired residence at 11870 Ellice Street, named …

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