Articles

‘Their accounts have made less than 1% in 3 years’: I set up 529 plans for my teens, but they’re floundering. Can I move them back to CDs?

“Their 529 money is not growing.”

Shell beats expectations as cost-cutting plans boost profitability

The British energy giant increased its profits in the face of lower oil and gas prices, as it successfully cut its costs by $700 million in the first half of 2024

Latest beat-and-raise boosts Rolls-Royce, one of Europe’s hottest stocks

Shares of Rolls-Royce surged on Thursday, as the engine maker’s latest beat-and-raise buoyed one of Europe’s hottest stocks.

The value-packed 2024 Kia Forte sedan is well-equipped, roomy and a bargain under $20,000

The 2024 Kia Forte is big enough for family hauling, an ideal size for busy, crowded urban streets, and it’s one of America’s cheapest cars.

‘The most magical property I’ve ever seen’: Tom Petty’s charming Malibu compound to be listed at $19 million

The SoCal home of the late musician sits on 2 acres and includes a recording studio and a stately fireplace that Petty himself renovated.

Volkswagen’s profits slump in face of mounting competition from China

The world’s largest carmaker was hit by a slump in sales in its largest market China driven by intense competition from domestic rivals

Anheuser-Busch InBev profits boom even as U.S. struggles continue and China sales fall

Anheuser-Busch InBev reported booming profits on Thursday thanks to cost cutting even as the brewer still wrestles with a consumer boycott of Bud Light in the U.S.

Treasury yields nudge up from 4-month lows as Fed comments absorbed, jobs data loom.

Bond yields rose early Thursday having fallen to their lowest in more than four months after investors inferred from Fed comments that a rate cut in September was very likely

French fintech Worldline cuts guidance

Worldline slashed its forecasts for the year due to volatile spending across Europe.

BAE Systems raises guidance after surge in sales in first half

BAE Systems raised its 2024 guidance after posting a surge in sales amid high defense spending across all its key markets.

South Korea’s exports grow for 10th straight month

South Korea’s exports grew for a 10th straight month in July on brisk demand for semiconductors and other goods overseas, notching the fastest pace of growth in six months.

Zuckerberg says Facebook is cool with young people again. Now comes the hard part.

Recent data from Meta indicated that over 40 million U.S. and Canadian young adults are daily active users, the highest in three years.
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