Many consumers are guilty of filling drawers or closets with old laptops, cellphones, fitness trackers and other electronic devices once they are no longer needed. It’s hard to know where to recycle those items, or it seems costly and inconvenient. The world generates millions of tons of ...
NEW YORK (AP) — The Treasury Department will take over the management of student loans whose borrowers are in default, according to a new agreement announced Thursday. The U.S. Education Department’s handing off these student loans is the next step in President Donald Trump’s plans to ...
Within a given year, is there any advantage to taking your required minimum distributions as soon as you can, or taking it down to the wire and pulling the distribution in late December? Or is it better to take monthly or quarterly withdrawals? Here are three timing approaches to consider, along with the pros and cons of each. Option 1: Wait until year-end Why consider it: It’s not a huge advantage over a lifetime of savings, but the main advantage of delaying until later in the year is a bit of extra tax-deferred compounding. Assume 75-year-old Anne’s IRA totaled $1 million ...
SAN FRANCISCO (AP) — OpenAI is shutting down its social media app Sora, which went viral last fall as a place to share short-form videos generated by artificial intelligence but also raised alarms in Hollywood and elsewhere. OpenAI said in a brief social media message Tuesday that it was “saying goodbye to the Sora app” and that it would share more soon about how to preserve what users already created on the app. “What you made with Sora mattered, and we know this news is disappointing,” it said. The company behind ChatGPT released Sora in September as an attempt to ...
It’s pretty common for new-car shoppers to look at what they can afford and go from there. Typically, that means focusing on vehicles from mainstream brands, even though owning a luxury vehicle is something many people aspire to. But there’s a right-now alternative that could be intriguing: For about the same price of a new mainstream car, you could get a used luxury car instead. Imagine you have about $35,000 to spend on a 2026 Honda CR-V. That’s a perfectly sensible choice. But for about the same price, you could get a 3-year-old BMW X3. The X3 is certainly more prestigious and ...
NEW YORK (AP) — U.S. stocks deepened their drops Friday as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years. The S&P 500 fell 1.7% to close its worst week since the war with Iran began. The Dow Jones Industrial Average lost 793 points, or 1.7%, and fell more than 10% from its record set last month, while the Nasdaq composite sank 2.1%. The losses were a break from Wall Street’s pattern this week, where the U.S. stock market flip-flopped from gains to losses each day as hopes rose and fell about a possible end to the ...
