Do leaders always need to be on duty to do a good job? iStock-531693629 Sleeping on the job! That was one reaction to a report by The Sunday Times that Heathrow chief executive Thomas Woldbye knocked off at 12.30am last Friday morning to go to bed, leaving his deputy to...

Building a net worth of $500,000 isn't just for the wealthy elite or those with six-figure salaries—though that no doubt helps. Brenton Harrison, a certified financial planner, founder of New Money New Problems, and a member of Investopedia's Advisor Council, said that he's often helped ordinary people regularly achieve this...

Investing isn’t just about picking winners; it’s about avoiding costly mistakes. Barry Ritholtz, a financial expert and author of the 2025 book How Not To Invest, argues that many investors lose money not because they lack skill but because they fall into predictable traps.1 Ritholtz is the chief investment officer...

If you are feeling stressed about a possible recession, you’re not alone, and you’re not doomed. Yes, economic downturns can shake your confidence, tighten cash flow, and force hard decisions. But they also crack open new possibilities. The truth is, some of the most successful businesses in the world were...

IRAs and employer-sponsored retirement plans are subject to annual contribution limits set by the federal government. The limits are adjusted periodically to compensate for inflation and increases in the cost of living. IRAs For the 2025 tax year, you can contribute up to $7,000 (unchanged from 2024) to all IRAs...

More women are working and taking charge of their own retirement planning than ever before. What does retirement mean to you? Do you dream of traveling? Pursuing a hobby? Volunteering your time, or starting a new career or business? Simply enjoying more time with your grandchildren? Whatever your goal, you'll...

Financial advisers who gathered at a conference in Miami last week offered tips on investment opportunities with US stocks lagging. Photographer: Michael Nagle/Bloomberg TakeawaysEmbrace international stocks, particularly in Europe and Japan, as they have performed well this year and have more room to run.Summary by Bloomberg AIDiversify portfolios by investing in...

I feel like I did everything right in helping my teen get into college. We started prepping four years ago in her freshman year of high school. That's when I encouraged her to create a spreadsheet of her activities and awards that she could add to every year.My husband and...

An encore career in retirement may help you find purpose and fulfillment. Retirement may be the perfect time to try an encore career and see how something entirely new fits your lifestyle (Getty) In his book Drive, Daniel Pink introduces a concept that resonates deeply with many individuals approaching or...

Last tax season brought some good news for many Americans. After the dust (and checks) settled last year, over 120 million taxpayers received refunds from taxes paid throughout the year.1The average refund Americans receive is about $3,000.2 This chunk of change can buy a flat-screen TV or a lot of...

As a young teen , Drew Davis got really into hot sauce. Davis, who has cerebral palsy, weighed 300 pounds at age 14, and doctors said he'd be bedridden by 18 if he didn't make a major lifestyle change . The low-calorie condiment, along with other dietary adjustments, helped him...

"Whoa, you work in golf media?" the energetic mid-handicapper asks me as I practice my putts. "That's got to be the absolute dream job." Such was my life as the Instruction Editor at a major legacy golf publication. Golfers of all abilities fawned over my profession — and made sure...

Americans are turning to artificial intelligence to supercharge their work and hobbies. They’re willing to pay for it too. Photographer: Andrey Rudakov/Bloomberg Creating an itinerary for a vacation. Planning a workout regime to optimize gains. Generating content ideas for an Instagram-famous dog named Meatball Ravioli.There’s no limit these days to...

Key TakeawaysRecession fears reignited this week as a stock market sell-off put the S&P 500 into a correction.However, many economists and analysts feel that a full blown recession is still unlikely. Instead, they see a moderate slowdown ahead.Forecasters are keeping an eye on tariffs and consumer spending as they could...

Values-based leadership is crucial for engagement and decision-making. It remains relevant and essential today. Values-based leadership is crucial for engagement and decision-making. It remains relevant and essential today. (Getty Images) In a world in which some high-profile leaders appear to be operating without values, it’s a question I’m hearing more...

A vehicle abandoned in floodwaters on a highway after Hurricane Beryl swept through the area on July 08, 2024 in Houston, Texas.Getty Images Billions of people will lose their livelihoods and economic output reduced by up to 34% if the Earth is allowed to warm by 3 degrees Celsius this...

Explore the fascinating science of brain growth, memory, and learning, plus 5 essential facts every adult should know about children’s developing brains. “Your brain is learning every second of every day."Melina Uncapher Key Insights from Neuroscientist Dr. Melina Uncapher When Dr. Melina Uncapher looks at the brain, she sees an...

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Travel Insurance CostThe average cost of travel insurance fluctuates throughout the year, based on demand and whether or not school's in session. Also, keep in mind that where you're traveling and how many people are taking the trip will affect your exact premium.The average travel insurance premium this week is...

Successful businessman is sitting like a king on a heap of money. Getty President Donald Trump recently signed an executive order aiming to establish a U.S. sovereign wealth fund for the first time in America’s history. This innovation raises all sorts of interesting questions such as where the capital would...

You want to sell the business that you have owned for years. It has appreciated significantly in value, but you want to retire or move on to something else. If you simply sell the business for cash, you will realize a significant taxable gain. However, if you want to avoid...

Claiming a son or daughter or other dependent can lower your tax bill in 2025 in four key ways. You don’t want to miss out on these important tax-saving opportunities. After all, you’ve earned them by supporting a dependent throughout the tax year.“Claiming a dependent isn’t just about tax savings—it’s...

What is ordinary income? Ordinary income is income that is taxed at ordinary income tax rates and does not qualify for capital gains tax treatment. It's important to understand the difference between ordinary income and capital gain income because, generally, ordinary income tax rates are higher than capital gains tax...

COPYRIGHT ©2023 WEALTHKARE.COM, INC. ALL RIGHTS RESERVED | FEE-BASED FINANCIAL PLANNING AND INVESTMENT ADVISORY SERVICES ARE OFFERED BY WEALTHKARE.COM, INC. A REGISTERED INVESTMENT ADVISOR DOMICILED IN PENNSYLVANIA. INSURANCE RELATED CONSULTING, PRODUCTS AND SERVICES ARE OFFERED THROUGH AMERICAN ASSETS FINANCIAL CORP. & RIA WEALTH SOLUTIONS LLC. WEALTHKARE.COM, INC., RIA WEALTH SOLUTIONS...

Starting retirement savings later in life can feel daunting, but it’s far from impossible. Retirement Savings (Getty) It’s Never Too Late to Build Your Retirement Nest Egg Starting retirement savings later in life can feel daunting, but it’s far from impossible. The best advice is to start early, but in...

Another day, another layoff or firing. In fact, layoff announcements are now so common that we give little thought to the people in our network who are announcing they’ve just lost their jobs. But hey, what can you do? Plenty. Another Layoff or FiringGETTY How to Support Those Who’ve Been...

With the government seemingly stepping back from regulatory duties, consumers may have to act as their own financial watchdogs.The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis to shield people from fraud and abuse by lenders and financial firms, has been muzzled, at least...

Almost 60 years ago, researchers found that exposing dogs to inescapable electric shocks in one context led them to fail to avoid electric shocks in other situations where escape was possible. This experiment generated the infamous theory of learned helplessness, introduced in 1967 by psychologists Dr. Martin Seligman and Dr....

Finding grants for small businesses, along with other ways to inject some money into your business remains one of the biggest financial challenges for small business owners and entrepreneurs. Many rely on personal savings, while securing capital from external sources continues to be difficult. According to the Bank of America...

My stepfather died a few months ago, after a long decade dealing with Parkinson's disease. Doug was living in a care facility, and even though my mom visited all the time, for overall contact with the world — and just general fun — he relied on his phone and his...

A spate of high-profile incidents has shone fresh light on aviation safety. iStock-1439979538 Late last month, a helicopter and passenger airliner collided mid-air over the Potomac River in Washington DC, killing all 67 on board both aircraft. This week, a Delta Air Lines jet crashed on the runway in Toronto,...

The meme coin trade has morphed into something bizarre.Even for the uninitiated, the once-obscure corner of the crypto market has become hard to ignore. Often with no actual use case and values derived from speculation, meme coins have gone mainstream, for better or worse.The tokens have been generating baffling headlines and...

Key TakeawaysSuper Bowl MVP Jalen Hurts has an estimated net worth of $50 million, according to Celebrity Net Worth.The quarterback's net worth is made up of his football salary and endorsements.Hurts signed a $255 million contract extension with the Eagles in 2023, with an average annual salary of $51 million.Philadelphia...

We’re well into February, and people are still saying “Happy New Year” to me. That says everything about how fast-moving and chaotic the start of 2025 has been. The unprecedented Los Angeles fire disaster together with the norm-shattering political upheaval in Washington made January disappear in a flash. The sheer...

As we race toward the development of Artificial General Intelligence (AGI), I find myself deeply pondering one crucial question: What will life actually look like for the average person in an AGI-powered world? With the Stargate Project, a $500 billion investment into AI infrastructure, announced by President Donald Trump, and...