This article is reprinted by permission from NerdWallet. Travel, by nature, takes energy. Moving our bodies around the globe requires fuel, often in the form of carbon-emitting fossil fuels. Air travel generates 11% of total U.S. transportation emissions, according to a 2021 White House fact sheet. That’s a huge number,…
Many years ago, one federal grant could cover all tuition and fees for the most at-need college students. And though the rise in the cost of college has slowed considerably in the past decade, the Pell Grant’s impact has dwindled to a fraction of what it once was. My mother…
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Amid a banking crisis, getting a car loan is growing more complex. America’s lenders approved more auto loans in March, and the share of subprime loans for those with troubled credit increased. But the story isn’t as simple as “credit access is loosening.” Lenders insisted on shorter loan terms –…
The 2023 Lucid Air luxury electric car is spacious, plush, powerful, and capable of traveling for a remarkable 516 miles on a single charge. Pricing starts at $87,400.Captain Kirk’s U.S.S. Enterprise was pretty impressive, right? It had phasers, warp engines, and teleportation devices. Then came Jean-Luc Picard’s Enterprise, and suddenly…
The chief executive of the high-end office-furniture company MillerKnoll has gone viral. And probably not in a manner she would prefer. In a leaked Zoom call of a MillerKnoll staff town hall last month, CEO Andi Owen addressed concerns from employees about the company’s decision to withhold bonuses. It quickly…
If Ramit Sethi had his wish, we’d never use the phrase “financial literacy” again. “People want to be rich! They want to live a life of freedom,” Sethi tells MarketWatch. “We have to change the framing of the way we talk about money.” This has been Sethi’s mission over the last…
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Treasury yields were mostly little changed Tuesday morning as traders expressed increasing certainty of another rate increase by the Federal Reserve in May.What’s happening The yield on the 2-year Treasury note TMUBMUSD02Y, 4.232% advanced to 4.207% from 4.186% on Monday. Yields move in the opposite direction to prices. The yield…
The Center for Retirement Research’s most recentundefined makes a strong case for shifting the focus of fiscal sustainability for state and local pension plans from full funding to stabilizing their pension debt as a share of the economy. While full funding is tidy in the sense that, if the pension…