- LifestyleInvestopedia•8 hours ago
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. Their recommendations differ only on size – three months’, six months’, perhaps eight months’ worth of living expenses are enough to accommodate whatever misfortune might befall you. But to what end? And
- KRBusiness Insider•10 hours ago
The grocery store chain recently cut the cost of 1,000 popular items in 120 of its stores, retail consultant David Merrefield writes on industry website The Robin Report. Kroger has annual sales of $115 billion, about half of Walmart's US sales. Walmart is reacting to Kroger's success by investing more heavily in its grocery experience, the Cincinnati Business Courier reports.
- financeBloomberg•11 hours ago
Hulk Hogan helped bring down Gawker Media. Now he’s throwing a wrench into the personal bankruptcy proceedings of company founder Nick Denton.