Toyota has become one of the world's largest automakers by churning out cars, trucks, and sport utility vehicles. Over the years, it has also grown a reputation for being affordable, reliable, safe and for being kind of boring. A scion of the Toyoda family, Akio Toyoda, now has the reins at the company and is calling for "no more boring cars." The Japanese giant is doubling down on speed, adventure, and cutting edge technology, in a bid to survive and succeed. » Read More
By: Shawn Baldwin
The NRA is mired in controversy. Allegations of financial wrongdoing have led to multiple investigations in Congress and in New York state that are threatening the group's survival. In a lawsuit targeting Gov. Andrew Cuomo and New York state regulators, the gun group said that New York could cause "irrecoverable loss and irreparable harm" to the organization. But is the NRA crying wolf? Or with multiple ongoing investigations, could its future actually be in jeopardy? » Read More |
The number of Fidelity 401(k) plans with a balance of $1 million or more has hit a record high. In the second quarter of 2019, there were 196,000 plans with a balance of more than $1 million. That's up 17% from 168,000 last year, according to Fidelity. The number of IRA millionaires is also on the rise. » Read More |
In December 2018, consumer debt overall hit a record high. Experts say a significant amount of this debt can be explained by what they call "money disorders." Knowing if you have one can be the key to fixing your budget. Watch this video to learn more about how to tell if you have one — and how to treat it. » Read More |
You might not need a strict budget to save money. A few small behavioral changes, like checking your personal finance app or automating savings, can add up fast. Watch this video to learn other tricks you can use to help manage your money.
Retiring with $2 million sounds difficult, but it is possible with smart planning. But how much you'll need to save, while utilizing investments that earn annual returns of six percent, greatly depends on your age. Whether you're 20 or 50, here's how to do it.
The thought of investing in the stock market can be overwhelming to some people, but it can be a powerful tool to grow your money if you follow a few guidelines. Watch this video to find out the steps you should take to start investing in the stock market.
The Toyota Prius was the world's first mass produced hybrid car and it still might be the most famous of all time. The nameplate was once synonymous with hybrids and a symbol of the automotive future. But now sales of the Prius are falling as it has become a victim of a changing market and perhaps, its own success.
Author Ken Honda says there are three money personality types and knowing which one you are can be the key to understanding your relationship with money. Compulsive savers find joy in budgeting, while compulsive spenders are happiest when they buy new things. Watch this video to learn more about the habits of each personality type.
In 2018, Brent Underwood, a 31-year-old hostel owner, bought a deserted mining town in California's Inyo Mountains named Cerro Gordo for $1.4 million with his business partner, Jon Bier. Their vision: to turn the town into a luxury destination for worldwide travelers. However, the pair have encountered their fair share of bumps in the road on their journey, proving why many dreamers before them have failed at their attempts to turn Cerro Gordo into a sustainable business.
So far, Best Buy has survived the Great Recession and rise of Amazon that crushed so many traditional brick-and-mortar retailers. Its stock reached a peak in 2018 and it's still among the top retailers of consumer electronics. But back in 2010, its attempt to break into the U.K. market failed within two short years. Watch this video to find out why.
The Federal Reserve is America's central bank, and its primary job is to keep the U.S. economy going strong. But its decisions also ripple into your personal finances. The Fed determines the Federal Funds Rate, which impacts the interest rate on consumer loans, among other things. Watch this video to find out the other ways in which the Fed's decisions affect you.
When it's less convenient to spend money, you won't do it as freely. Watch this video to find out what roadblocks you can put in your path so that it is harder to part with money for everyday things.
Bed Bath & Beyond became a massive home goods retailer with a decentralized structure and a focus on keeping customers happy. But critics say the once ubiquitous chain ignored the threat from newer, nimbler online rivals.
The FJ Cruiser is a retro, off-road machine that debuted in the U.S. in 2003 as a salute to the classic Toyota FJ Land Cruisers. Sales began to plummet after the great recession, and Toyota pulled the vehicle out of the U.S. entirely after the 2014 model year. So why is it so popular now?
The average American wedding costs nearly $39,000, and a growing number of newlyweds-to-be are relying less on their families to pay for their dream ceremonies and are instead choosing to go into debt. These young couples are spawning a new breed of personal debt championed by Silicon Valley tech start-ups — millennial-targeted wedding loans. Fintech lenders report issuing double the amount of wedding-branded loans in 2019 than the same period the year prior.
Socialism in the U.S. dates back to the 18th century, but in 2015, Democratic Socialism moved from the fringe to mainstream American politics. Watch this video to find out more about its recent rise in popularity and what it means for the 2020 presidential election.
The Federal Reserve announced a rate cut for the first time in a decade, marking a big shift in monetary policy. Everything from credit cards and car loans to mortgages are influenced by the Fed's policies. Watch this video to find out more about how your money will be impacted by the Fed's rate cut.
Want to retire a millionaire? It is possible with smart planning. But how much you'll need to save, while utilizing investments that earn annual returns of six percent, greatly depends on your age. Whether you're 20 or 50, here's how to do it.
Domino's is the leading pizza chain in the U.S., ahead of Pizza Hut, Papa John's and Little Caesars. But it wasn't always that way. A couple key strategies and executives helped the pizza delivery chain climb to the top.
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