MoneyWatch

Gold has multiple common uses. It’s a currency, a material used in jewelry and it’s a crucial component in manufacturing. Gold is also an investment vehicle – one that’s commonly used as a source of protection against inflation, market volatility and economic unrest. If you have gold in your portfolio, or you’re thinking about adding some of the yellow metal …

Presidents Day is celebrated in the U.S. on the third Monday of February, a day set aside to commemorate the birthdays of both President George Washington and President Abraham Lincoln. Over the years, the federal holiday has shifted into a commercial event, with many retailers offering sales on Presidents Day to tempt shoppers to open their wallets after the Christmas …

The Biden administration said Monday the government is providing $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a semiconductor company under the 2022 CHIPS and Science Act.The law enables the government to invest more than $52 billion to revitalize …

It’s officially tax season, and while you technically have until April 15 to file your tax returns, the time is now to hone your strategy. Will you DIY your return or go to a tax professional? Or, maybe, like millions of Americans, you’ll let tax preparation software — like TurboTax, H&R Block, or TaxSlayer — guide the way. Don’t wait …

The official start of spring is less than a month away, and some homebuyers are already anticipating a busy season. Historically, spring is an active period for home sales, and this year, some positive economic developments may add fuel to the fire. After spending the better part of two years raising interest rates to curb inflation, the Federal Reserve is …

Air Canada is being held responsible for a discount its chatbot mistakenly promised a customer, the Washington Post reported. The airline must refund a passenger, Jake Moffat, who two years ago purchased tickets to attend his grandmother’s funeral, under the belief that if he paid full price, he could later file a claim under the airline’s bereavement policy to receive …

A little-heard-of pesticide linked to infertility in animals is showing up in the overwhelming majority of samples of oat-based foods sold in the United States, including popular cereal brands Quaker Oats and Cheerios. The chemical, chlormequat, was detected in 77 of 96 urine samples taken from 2017 and 2023, with levels increasing in the most recent years, a new study …

Gold has been used as an investmentand a form of currency for hundreds of years — and it offers a number of other unique benefits, too. So, it’s hardly surprising that many investors choose toadd gold to their investment portfolios. However, it’s typically best to purchase assets when prices are low and sell them when prices are high. And, it …

When it comes to preparing for retirement, it makes sense to focus on the basics, like maxing out your contributions to your 401(k) or ensuring that your savings are on track with your milestones. But what does not always come to mind is the need to diversify what you’re holding in your retirement portfolio — and overlooking that crucial element …

There’s no question that inflation has had a big impact on many people’s finances over the last few years. Higher inflation means your money can’t stretch as far due to higher prices at the pump, in the grocery store and just about anywhere else you shop. And, when you add in the other economic issues, like elevated borrowing costs, today’s …