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Why Eating at Restaurants Is So Expensive Right Now
If it feels like restaurant bills are getting more expensive, you’re not imagining it: The cost of dining out is on the rise even as grocery prices decline. The latest inflation data shows that prices for food away from home increased by 0.3% from March to April, while food-at-home prices declined by 0.2%. Compared to a year ago, the restaurant index is up 4.1%.
Meme Stock Flop: GameStop Investors Lost Over $13 Billion Last Week
If you missed out on last week's meme stock rally, consider yourself lucky. The second iteration of GameStop mania ended as abruptly as it arrived, leaving retail investors on the hook with exceptional losses and erasing any hopes of repeating 2021's "moonshot." Last week's well-publicized return of Keith Gill, a.k.a....
How Motion Sensors Work
Motion sensors, along with cameras and lighting systems, have become one of the most recognizable parts of the best home security systems. They are also used for a variety of everyday purposes outside of home security. However, you may have wondered how motion sensors work from a mechanical perspective. Read...
How Does ADT Work?
ADT is a residential and business security service offered by ADT Inc., a well-known company in the home security industry with a long history and strong reputation. ADT features a range of products and services designed to protect properties from various threats, including burglaries, fires, carbon monoxide leaks and medical emergencies. For these reasons, it is one of the best home security systems you can find. But how exactly does ADT work?
How to Put Out a Fire
Learning how to put out a fire is not only a useful skill, but also a life-saving one. By knowing the basics, individuals can protect themselves and loved ones from the devastating effects of fires. The best thing to do when there’s a fire in your home is to evacuate...
Pet-Safe Homes 101: Essential Security Features Every Pet Parent Needs to Know
Pets aren't just animals; they're beloved members of the family, and there are certain safety considerations to keep in mind when we bring a four-legged friend home. Read on for a list of essential security features to implement in your household so that your pet can thrive and explore its new environment risk-free.
The Average Tuition Discount at Private Colleges Hits 52%, a Record High
The typical private college student is now paying less than half the full price of tuition and fees as discounting hits a record high. The average tuition discount rate at private colleges was 56.1% for freshmen and 51.9% for all undergraduate students for the 2023-2024 school year, according to a new study from the National Association of College and University Business Officers (NACUBO). Both rates represent all-time highs for the study, which has been conducted annually since 1994.
The Share of Homes for Sale With Price Cuts Hit a 6-Year High
Homebuyers accustomed to seeing prices going higher and higher are finally getting some relief. The share of home listings with price cuts climbed to a six-year high last month, likely due to weaker demand as a result of high mortgage rates. In April, 22.4% of home listings had price cuts,...
Social Security COLA: Projected 2025 Payments Tick up on Latest Inflation Data
Social Security recipients are on track to get a 2.66% raise next year, according to the latest projection for the program's annual cost-of-living adjustment (COLA). The Senior Citizens League, a nonpartisan group that advocates for the interests, rights and benefits of older adults, increased its prediction for the 2025 COLA after the Bureau of Labor Statistics released new inflation numbers Wednesday. (Though the actual COLA won't be announced until October, the league analyzes inflation data and puts out a monthly estimate so the roughly 68 million Americans who receive Social Security benefits have an idea of what's coming down the pipeline.)
Young Job Seekers Are Falling Victim to a ‘Money Mule’ Scam
As young people go out looking for work this summer, government agencies want them to be aware of the risks of “money mule” fraud schemes. Money mules are people who are used to transfer stolen money for another person or a group. The government is particularly worried about students and other people looking for online remote work potentially being involved, often without the knowledge a crime is happening.
Americans' 6 Favorite Long-Term Investments, Ranked
Americans may have more investment options than ever these days, but real estate still reigns supreme. In survey results released Wednesday by Gallup, 36% of people said they think real estate is the best long-term investment. This marks the 11th straight year that real estate has safely notched the No. 1 spot in Gallup's annual Economy and Personal Finance poll, beating out gold, savings accounts, cryptocurrency and more.
When Will the Fed Cut Rates? Cooling Inflation Builds Hope for September
Optimism about the prospects for interest rate cuts increased on Wednesday after new government data showed that inflation is cooling. The year-over-year inflation rate eased to 3.4% in April after rising 0.3% from the previous month, which was less than expected. The good news on inflation in the April consumer...
How to Invest in Your 20s
It’s understandable why many young people don’t invest: They’d rather use their money elsewhere, or they might not think they have any extra cash available for investing. But investing in your 20s is a golden opportunity to build wealth, especially if you embrace the right level of...
GameStop and Meme Stock Mania Are Back. Should You Join?
One of the pandemic's wildest investing trends is making a comeback: Shares of GameStop, the ultimate meme stock, have more than tripled since the market opened Monday, and other heavily shorted stocks are spiking, too. Shares of GameStop (GME) rose 74% in intraday trading on Monday fueled by speculation over...
Deflation vs. Disinflation: What’s Better for the Economy?
New inflation data comes out Wednesday. And while consumer price index updates are always closely watched, this data drop is primed to be particularly scrutinized as the Federal Reserve mulls its approach to future interest rate hikes, which will affect the U.S. economy at large. Inflation has proven sticky lately,...
Why People Are Giving up on Buying Vacation Homes
The demand for vacation home mortgages has plunged to around an eight-year low, declining 65% since 2021. Factors that have led to fewer homebuyers purchasing second homes include the rise in mortgage rates, high prices in vacation home markets and decreased flexibility for remote work, according to a new report from Redfin.
How to Use a Fire Extinguisher
Fire extinguishers are the most recognizable tool in fire safety. Designed to be easily accessible and noticeable, we see them in virtually every public building, yet most people have never used one and may not be sure how to operate one properly. Let’s learn how fire extinguishers work and how to use one.
Myths About Home Security
There are many misconceptions about home security and property crime that have become widely accepted as facts. Read on to find out which myths about home security have been widely spread, why they could’ve originated, what the actual home security facts are, and more. Widespread misconceptions about home security.
How Technology Is Revolutionizing the Home Security Landscape
Traditionally, home security systems have relied on physical barriers, alarms and human input. While these methods provide a basic level of protection, they can fall short due to the evolving tactics of modern-day intruders. Modern technology has ushered in a new era for the home security industry. From sophisticated surveillance...
Porch Pirates Are Upping Their Game. Here’s How to Save Your Stuff
Online shopping is more popular than ever, and package theft is booming right alongside it. The rise of so-called "porch pirates,” thieves who steal packages directly from people’s front steps, is making it riskier to have packages delivered to your home. More than one-third of respondents to a November 2023 survey from SafeWise said they had a package stolen last year, and 65% said they were more worried about losing a package to porch pirates than they were the year before.
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