MoneyWatch

Dollar Tree announced that it is closing 600 of its Family Dollar store locations in 2024. On top of that, the discount retailer also plans to close an additional 370 Family Dollar stores, plus 30 Dollar Tree locations over the next few years, at the end of their leases. In total, the planned closures represent about 15% of its Family …

Customers who have racked up travel miles with United Airlines can now share those points with up to four other passengers under a new program the airlines announced Thursday. Anyone 18 or older with a MileagePlus membership can link their online account and combine their miles with those accumulated by family or friends from previous flights, United said. As with …

Reddit made its debut on Wall Street Thursday in an eagerly anticipated initial public offering aimed at infusing the social media company with hundreds of millions in capital. Shares of Reddit soared as much as 54% in their first day of trading on Thursday afternoon, reaching $52.29. That’s far above the $34 IPO range projected by the company. Investors have …

Hyundai and Kia are recalling a combined 147,110 vehicles — including the electric vehicles Ioniq and the EV6 —because a part inside the cars may stop charging their batteries, federal auto safety regulators said. The recalled Hyundai and Kia vehicles have what the automakers call an “integrated charging control unit” — which is responsible for charging the car’s 12-volt backup …

The pandemic launched the U.S. into a period of economic uncertainty and market volatility. Rock-bottom interest rates were followed by runaway inflation and a cycle of 11 consecutive Fed rate hikes. While an unnerving environment, it proved to be beneficial for precious metal investors. “In 2020, gold rose 21% between the time COVID was announced on February 11 and the …

When mortgage rates dropped to 3% or lower during the pandemic, buyers flocked to the market to secure cheap rates on homes. And, while the majority of these buyers were purchasing a primary home, some buyers opted to capitalize on the inexpensive borrowing landscape by purchasing a second home, whether the goal was to start a short-term rental business or …

Today’s high-rate environment has put a lot of pressure on borrowers, and that’s especially true for credit card users. Right now, the average credit card rate hovers above 21%, which means that if you’re carrying a balance from month to month, you’re paying a lot of money in interest on what you owe. That type of interest can cause your …

Homeowners have multiple ways to grow their wealth, from investing in the right assets to saving in the best accounts to refinancing when rates are advantageous. Those who have enjoyed the financial security of homeownership may also consider extending that support with a second home. Buying a second home can provide multiple financial advantages for homeowners if done smartly and …

The currentmortgage rates of 6% to 7% are understandably not very appealing to the majorityof U.S. homeowners who have rates below 6%. “Even though rates in the 7% range are normal today, they don’t feel normal to the consumer,” says Christopher M. Naghibi, Esq., executive vice president and chief operating officer of First Foundation Bank. “It’s more than double the …

With housing costs still high and a growing need for multi-generational living solutions, accessory dwelling units (ADUs) are becoming an increasingly popular option for homeowners. An ADU is a separate living space on your property with its own kitchen, bathroom and entrance — essentially a small apartment that can be used for a wide range of purposes, from housing elderly …