Yahoo Finance - Business Finance, Stock Market, Quotes, News
- NewsInvestopedia•5 hours agoWhy Emergency Funds Are a Bad Idea
Along with changing your oil every 3,000 miles and checking your child’s trick-or-treat bag for weaponized apples, the common advice to create an emergency fund is overly prudent. All you need is an objective understanding of risk to realize that there are far better places to put your money than an inert account that can’t enrich you. The most recognizable personal finance mavens are almost unanimous in their advocacy of the emergency fund as a vital part of any common-sense financial plan. (See Why You Absolutely Need an Emergency Fund.) Their recommendations differ only on size – three months’, six months’, perhaps eight months’ worth of living expenses are enough to accommodate whatever misfortune
NewsAssociated Press•yesterdayLawsuit: Dude ranch owner asked chef for 'black people food'Madeleine Pickens wanted the African-American chef she recruited from the country club she owns in Southern California to cook "black people food" — not "white people food" — at her rural Nevada dude ranch and wild horse sanctuary, according to a federal lawsuit accusing her of racial discrimination. Armand Appling says the wealthy philanthropist and ex-wife of Oklahoma energy tycoon T. Boone Pickens told him fried chicken, BBQ ribs and corn bread would be perfect for the tourists who pay nearly $2,000 a night to stay in plush cottages, ride horses and take Wild West "safaris" on ATVs at her Mustang Monument Wild Horse Eco-Resort. Among other things, he says Pickens, who is white, instructed him to terminate two other black kitchen staffers — one she referred to as her "bull" or "ox" and another who had "too much personality." He says she told him they didn't "look like people we have working at the country club" and didn't "fit the image" of the staff she wanted at the ranch.
- FinanceKiplinger•21 hours ago3 Reasons to Buy Pfizer Stock for Retirement
Courtesy of Pfizer Inc.Blue-chip dividend-paying stocks should be part of any retirement portfolio, and one of the best of the bunch these days is drugmaker Pfizer (symbol PFE). Here are three reasons
