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Monthly Archives: April 2023

The Enduring Appeal of Magical Mystery Musicians

Dear listeners, On Wednesday night, I witnessed something that I never expected to see: a live performance by the mysterious British vocalist and producer Jai Paul. Paul’s music — full of glitches, strangely compressed sounds and spliced-together samples — is unmistakably a product of the digital age, yet his artistic …

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Series I bond rates fall to 4.3% amid cooling inflation

Series I bonds offer several advantages for investors, according to Ken Tumin, senior industry analyst at Lending Tree. “They’re exempt from state and local income tax, which gives them a little edge over certificates of deposit,” Tumin said. “And you don’t have to worry about the federal income tax until …

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31% of new crypto buyers influenced by friends. Why to be cautious

Francesco Carta Fotografo | Moment | Getty Images When it comes to cryptocurrency like bitcoin, new investors are often motivated by friends to take the plunge, according to a new study. But that might hold traps for the unwary, experts warn. “I don’t imagine friends are talking about when they …

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Best large U.S. cities for new startups: Orlando, Durham, Boise

Launching a small business is a challenge, especially these days. With that in mind, it makes sense to think long and hard about where to set up shop, weighing the various factors that could give you any much-needed advantage. That’s the idea behind the latest ranking of the best large …

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United Airlines’ revamped cabins faces supply chain delays

United Airlines Seatbacks Courtesy: United Airlines United Airlines‘ plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes, Bluetooth capabilities and other amenities. …

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Fed report on SVB collapse faults bank’s managers — and central bank regulators

Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose of social media frenzy, the Federal Reserve concluded in a highly anticipated report released Friday. Michael Barr, the Fed’s vice chair for supervision appointed by President Joe Biden, said in …

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Heading into retirement? Here are some key tips to map out a game plan

Peopleimages | Istock | Getty Images 1. Claiming Social Security benefits • Key deadline to watch: By age 60, you should go to the Social Security Administration website and review your statement, recommends Craig Copeland, director of wealth benefits research at EBRI. When to claim Social Security retirement benefits is one …

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Trading options: A beginner’s guide

Oscar Wong | Moment | Getty Images Options trading is booming. It’s also complicated — and if you don’t know what you are doing, you can lose big. Options essentially allow you to bet on whether you think an asset is going up or going down. You can buy or …

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First Republic’s stock poised to rise for second day as regional bank searches for rescue deal

People walk in front of a First Republic Bank branch on March 20, 2023, in New York City. Gary Hershorn | Corbis News | Getty Images Shares of First Republic were moving higher on Friday as the regional bank looks for a potential rescue deal to reshape its business after …

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Test your knowledge with this quiz

Bitcoin officially launched in 2009, and now, 14 years later, over 15,000 digital coins make up the cryptocurrency market, according to crypto.com. But it hasn’t exactly been a smooth ride for crypto investors. Although the industry was once valued at around $3 trillion, the crypto market lost a little over …

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