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3 / 29

Volkswagen XL1

Wonder car: The 111kmpl Volkswagen XL1

After working on the idea for over a decade, Volkswagen has revealed the

near-production version of the XL1, a two-seat, plug-in diesel hybrid

designed to be the world's most energy-efficient automobile. VW

estimates the XL1 can get up to 111 kilometre per litre — although with a

time to 100 kmph of 12.7 seconds, it won't get there quickly.

  • My wife and I have a $1 million mortgage and $200,000 in cash — do we reduce our repayments or invest it?
    Business
    MarketWatch

    My wife and I have a $1 million mortgage and $200,000 in cash — do we reduce our repayments or invest it?

    Dear Moneyist, My wife and I are in our mid 30s and have been blessed enough to be relatively debt-free and purchase our first home together. Should we use that $200,000 to recast our mortgage — reduce the outstanding sum without altering the original terms — or invest the money? Our interest rate is low at 3.5%. We were able to make a 20% down payment, but our remaining balance is still over $1 million. I decided to sell the town house I purchased years ago, and was able to come up with an additional $400,000. We decided to pay off all of our remaining debt — $25,000 for a car and $15,000 for a student loan — make some home improvements to our bathroom and install solar electricity. We also

  • My husband took 5 years off his age and denies he fathered a child — now I want separate bank accounts
    Celebrity
    MarketWatch

    My husband took 5 years off his age and denies he fathered a child — now I want separate bank accounts

    Dear Moneyist, My husband is 16 years older than me and, two years after our marriage, I discovered that he was five years older than his official age. At the same time, we found out I was pregnant with our first child. He explained that there was some controversy about his date of birth as he was born at home in the Philippines. There was a fire and he lost his parents at a very young age. I found it hard to believe at that time, but we have a good relationship and — other than that — things were okay. Moreover, we were expecting our first child, so I let it go. I have very little financial education and have always trusted him to handle our finances while I worked hard. We have three kids together,

  • The Quiet Way Social Security Is Cutting Early Benefits in 2018
    Business
    Motley Fool

    The Quiet Way Social Security Is Cutting Early Benefits in 2018

    Tens of millions of people rely on Social Security for retirement income, and many of them count on the program for the vast majority of the money they need to pay their living expenses. Financial challenges to Social Security threaten the long-term viability of the program. After starting a new series of reductions in 2017, another 3 million 62-year-olds will face the prospect in 2018 of further reductions in Social Security -- thanks to actions that lawmakers took nearly 35 years ago.

  • Here's Where Things Went Wrong for Las Vegas Sands Corp. in 2017
    Business
    Motley Fool

    Here's Where Things Went Wrong for Las Vegas Sands Corp. in 2017

    Las Vegas Sands Corp. (NYSE: LVS) didn't have a bad 2017 by market standards, climbing 35% for the year. At a time when Macau's gaming market is growing double digits, you would think the company with the largest market share (Las Vegas Sands) would be able to outperform rivals.

  • 3 Reasons Not to Max Out Your 401(k) This Year
    Business
    Motley Fool

    3 Reasons Not to Max Out Your 401(k) This Year

    While you will miss out on some growth opportunity, you'll avoid racking up costly credit card debt when an unplanned expense falls in your lap. Speaking of credit card debt, here's another reason not to max out your 401(k) this year: If you're sitting on a whopping balance and have a little extra money to spare (say, you got a raise or started working a side gig), it pays to eliminate your debt before padding your nest egg. Unless you're a true investing genius, you'll generally come out ahead by paying down your balance to avoid losing more money to interest than gaining a little extra in your 401(k).

  • What Does Warren Buffett Really Think About Stock Prices Today?
    Business
    Motley Fool

    What Does Warren Buffett Really Think About Stock Prices Today?

    When Warren Buffett appeared on CNBC earlier this month, Becky Quick asked him if he thought stocks were richly valued in light of a broad market rally that has investors clamoring to get into stocks. If that sounds familiar, it's because it's the same thing Buffett said in May 2017 at Berkshire Hathaway's (NYSE: BRK-A)(NYSE: BRK-B) annual meeting, which he repeated in another CNBC appearance in October. Relative to interest rates, stock prices make sense, so long as rates remain as low as they are today.

  • Surprise! This Company Holds the Most Blockchain Patents
    Business
    Motley Fool

    Surprise! This Company Holds the Most Blockchain Patents

    If you've been waiting for the greatest thing since sliced bread to come along, cryptocurrencies might be it. Over a 53-week span from the beginning of 2017 through the first week of January 2018, the combined market cap of all cryptocurrencies surged by more than 4,500% to as much as $835 billion. There are, admittedly, a host of catalysts that have fueled the rally in cryptocurrencies.

  • Here’s a way to get a pension-like benefit in retirement
    Business
    MarketWatch

    Here’s a way to get a pension-like benefit in retirement

    Not only do defined-benefit plans still exist, they are just the ticket for investors in particular situations. I’m referring, of course, to the kind of retirement plan that used to be the most common way in which corporations funded their employees’ retirement. These plans, also known as pensions, guaranteed a certain level of payment during retirement. Corporate defined-benefit plans fell out of favor a couple of decades ago, however, and few investors are even aware that they still exist. But they very much do, though now it’s up to us to set them up. And there can be huge tax advantages for doing so. A personal defined-benefit plan provides a guaranteed payout in your retirement years, just

  • New York Gov. Cuomo proposes tax hikes
    Business
    Fox Business Videos

    New York Gov. Cuomo proposes tax hikes

    The Fiscal Times’ Liz Peek says the proposed tax hikes by New York Gov. Andrew Cuomo are driving people and eventually businesses away from the financial capital of the world.

  • Amazon-Whole Foods Is Not What the Market Expected
    Business
    Motley Fool

    Amazon-Whole Foods Is Not What the Market Expected

    Amazon's (NASDAQ: AMZN) $13.7 billion acquisition of Whole Foods last June sent shockwaves through the grocery industry like almost nothing before it. The conventional wisdom at the time was that Amazon would slash prices and expand delivery, pressuring margins across the industry. Walmart had its best quarterly comparable sales growth since 2010 in its third quarter.

  • Boeing Co.'s Dreamliner Profitability Is Set to Soar
    Business
    Motley Fool

    Boeing Co.'s Dreamliner Profitability Is Set to Soar

    Boeing's (NYSE: BA) 787 Dreamliner widebody has had a huge impact on commercial aviation since the first one was delivered back in 2011. The Dreamliner has made dozens of new nonstop routes possible with a unique combination of long range and low trip costs. Fortunately, Boeing has been building 787s at a profit since 2016.

  • Shutdown divides services into essential and non-essential
    Finance
    Associated Press

    Shutdown divides services into essential and non-essential

    Symbols of American promise have turned into emblems of American dysfunction amid a dispute in Congress over spending and immigration that has forced scores of federal agencies and outposts to close their doors. The Statue of Liberty and Ellis Island have turned away visitors in New York, due to what the National Park Service described as "a lapse in appropriations," a bureaucratic term for a lack of money. In Philadelphia, crowds of tourists have been told that Independence Hall, where the Declaration of Independence and Constitution were signed, and the Liberty Bell are closed.

  • Jack Welch having meltdown amid GE woes: Sources
    Business
    Fox Business Videos

    Jack Welch having meltdown amid GE woes: Sources

    Sources tell FOX Business’ Charlie Gasparino that former General Electric Chairman and CEO Jack Welch is said to be apoplectic over the company’s problems as shares drop.

  • Audi ordered to recall 127,000 vehicles over emissions: paper
    Finance
    Reuters

    Audi ordered to recall 127,000 vehicles over emissions: paper

    Germany's KBA automotive watchdog has detected illicit emission-control software in Audi's latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported. Audi, a unit of Volkswagen , said in a statement that the models had been included in a voluntary recall of 850,000 diesel vehicles with V6 and V8 TDI engines announced in July. "The engine control software for the vehicles in question will be completely revised, tested and submitted to the KBA for approval", Audi said in its statement.

  • Why You Should Work at Least 35 Years Before Retiring
    Business
    Motley Fool

    Why You Should Work at Least 35 Years Before Retiring

    For around a quarter of married couples and almost half of unmarried persons, Social Security provides more than 90% of income during retirement, according to the Social Security Administration. Since Social Security may be a key source of support during your golden years, it's important to understand how the program works. Social Security benefits are earned benefits, which means you don't get them until you pay into the system.

  • 5 Highest-Growth Drugs of 2018 -- and Who Will Get Rich from Them
    Business
    Motley Fool

    5 Highest-Growth Drugs of 2018 -- and Who Will Get Rich from Them

    EvaluatePharma looked at all of the drugs on the market to determine which should achieve the highest year-over-year sales growth. Five drugs made the top of the list. Which drugs will generate the greatest sales growth this year? Merck (NYSE: MRK) will probably report 2017 sales for Keytruda of close to $3.5 billion.

  • 3 Stocks That Could Put NVIDIA's Returns to Shame
    Business
    Motley Fool

    3 Stocks That Could Put NVIDIA's Returns to Shame

    Investors dreaming of autonomous vehicles loaded with NVIDIA Corporation's (NASDAQ: NVDA) increasingly popular chips helped the stock rise a stunning 1,050% over the past three years. To ferret out stocks with NVIDIA-beating potential, we asked three Motley Fool investors for ideas. Here's why they think Fogo de Chao Inc. (NASDAQ: FOGO), Cypress Semiconductor Corporation (NASDAQ: CY), and Dynavax Technologies Corporation (NASDAQ: DVAX) could outperform the leading purveyor of graphics processors.

  • How to generate the income you need in retirement
    Business
    MarketWatch

    How to generate the income you need in retirement

    You’ve spent your whole life saving for retirement . Now you’re finished working, and it’s time to start spending what you’ve saved. For many investors, the transition can be confusing or even traumatic. How will you tap your portfolio? As investors approach this transition from saving to spending they should take three steps: start with a retirement income plan, keep their portfolio invested and diversified, and then rebalance their portfolio periodically to generate the cash they require. Here we’ll discuss the last step — creating your paycheck when rebalancing. Why is this important? If you’re an investor, you’ve almost certainly heard of having an appropriate asset allocation to stocks and

  • 2 Great Stocks You Can Buy on Sale
    Business
    Motley Fool

    2 Great Stocks You Can Buy on Sale

    As the market continues to move higher, finding great deals is only getting harder. Don't give up on searching for value, though. Even in an expensive market, good stocks sometimes go on sale. When they do, you need to pounce on them quickly. Otherwise

  • Under Armour's 6 Biggest Blunders
    Business
    Motley Fool

    Under Armour's 6 Biggest Blunders

    Shares of Under Armour (NYSE: UA) (NYSE: UAA) plunged more than 50% over the past 12 months due to a streak of decelerating sales growth and declining margins. Investors are still bearish on the stock, with 28% of its Class A shares and 19% of its Class C shares shorted as of Jan. 10. Under Armour was considered the "next Nike (NYSE: NKE)" during its heyday, but analysts now expect its revenue to rise just 2% this year as its earnings tumble 58% on margin pressure.

  • Small-town budgets hurting from loss of mini Walmarts
    Business
    Associated Press

    Small-town budgets hurting from loss of mini Walmarts

    Luther sold its youth football field to Walmart about three years ago so that the company could build one of its Express stores, using the money from the sale and the new tax revenue to pay off the roughly $200,000 in debt that resulted from an embezzlement scandal involving the former town treasurer. The store opened in May 2015 and closed only eight months later when Walmart pulled the plug on its Express experiment, shuttering all 102 of the smaller stores it had opened in mostly Southern and Midwestern towns to compete with dollar stores. Although many locations were taken over by Dollar General, the tax collections just don't measure up even though the Dollar General stores offer many of the same products, but not a pharmacy.

  • Does Novavax Inc’s (NASDAQ:NVAX) Earnings Growth Make It An Outperformer?
    Business
    Simply Wall St.

    Does Novavax Inc’s (NASDAQ:NVAX) Earnings Growth Make It An Outperformer?

    When Novavax Inc (NASDAQ:NVAX) announced its most recent earnings (30 September 2017), I did two things: looked at its past earnings track record, then look at what is happening in the industry. Understanding how Novavax performed requires a benchmark rather than trying to assess a standalone number at one point in time. For Novavax, its latest trailing-twelve-month earnings is -$190.0M, which, relative to the previous year’s figure, has become less negative.

  • This Beaten-Down Oil Stock Got Even Cheaper This Week -- Is It a Buy or a Value Trap?
    Business
    Motley Fool

    This Beaten-Down Oil Stock Got Even Cheaper This Week -- Is It a Buy or a Value Trap?

    Shares of Canadian oil producer Pengrowth Energy (NYSE: PGH) fell about 14% this week, more than erasing its gains for the year. While the forecast shows that the company is slowly getting back up on its feet, it still has a long way to go before it's on solid ground. Pengrowth Energy announced that it plans to spend 65 million Canadian dollars ($52 million) on capital projects this year.

  • GOLDMAN SACHS: The government shutdown will take a toll on the US economy, but the pain won't last long
    Finance
    Business Insider

    GOLDMAN SACHS: The government shutdown will take a toll on the US economy, but the pain won't last long

    Goldman Sachs says the government shutdown will result in a 0.2% reduction in first-quarter GDP for every week it persists. Expect the government shutdown to slowly drain the US economy, says Goldman Sachs. Now that the federal government has failed to successfully negotiate a funding bill, first-quarter gross domestic product (GDP) will slip by 0.2 percentage points for each week the shutdown persists, according to Goldman.

  • If You're in Your 70s, Consider Buying This High-Yield Dividend Stock
    Business
    Motley Fool

    If You're in Your 70s, Consider Buying This High-Yield Dividend Stock

    Spectra Energy Partners (NYSE: SEP) is one of the country's largest natural gas pipeline companies. It owns more than 15,000 miles of transmission pipelines and 170 billion cubic feet of natural gas storage facilities. Notably, 90% of Spectra's revenue comes from fees backed by long-term contracts.