U.S. Markets closed
  • Republicans would be better off living with Obamacare

    The Senate healthcare bill was only meant to fulfill a rash pledge Republicans never should have made—to kill Obamacare the first chance they got.

    Read More »
  • Business
    Investopedia17 hours ago

    Why You Shouldn't Pay Off Your Mortgage

    Current low interest rates have created an environment where the old ideology about mortgages no longer applies. In the past, our financial goals included homeownership free and clear of mortgage debt. We have entered an era where we now suggest you refinance and maintain a mortgage for the rest of your life, or at least to a 30-year mortgage term. I think we all can agree that low mortgage interest rates benefit the homeowners that own a mortgage and qualify for these low rates. Before you start thinking we have lost our minds and there is no way you will attempt to maintain a long-term mortgage, let’s take a look at some of the benefits of holding a mortgage. What was once conveniently saved monthly for you by your bank or lending company is now your responsibility.

  • This is why millennials can’t have nice things (or save any money)
    Business
    MarketWatch14 hours ago

    This is why millennials can’t have nice things (or save any money)

    Minor expenses can cause major financial problems. “Millennials are falling victim to common financial vices, such as spending money in coffee shops,” according to a new study by personal-finance site Bankrate.com. The average millennial dines at a restaurant or buys take-out food five times per week and nearly 30% of this age goup say they buy coffee at least three times per week. More than half of millennials (54%) eat out at least three times a week, compared to roughly one-third of Generation X-ers and baby boomers. “Often, it’s the minor, habitual expenses, such as take-out and alcohol, that wreak havoc on your budget,” Sarah Berger, a financial analyst at Bankrate, said. “Preparing meals

  • Politics
    Investopedia14 hours ago

    U.S. Steel Shares Are Primed to Break Out

    It's been a wild ride for steel stocks since the presidential election. Back in November, United States Steel Corp. ( X) was trading at roughly $20, and by Dec. 8, shares had nearly doubled in price to $39. A lot of politics went into the rise of commodity stocks: During his campaign, President-elect Trump had promised to get tough on foreign competition with American companies, including steel producers.