MoneyWatch

Golden Goose sneakers look used. The company could be worth $3 billion.

Luxury sneaker brand Golden Goose isn’t afraid of a little wear and tear. Boosted by A-list celebrities like Taylor Swift and Chris Hemsworth, the Italian company has made a splash in the fashion world by selling scuffed up sneakers bearing what it describes as a “vintage finish.” And that lived-in look will cost you. Golden Goose’s leather, suede and canvas-style …

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Some companies plan to increase return-to-office requirements, despite risk of losing talent

A quarter of U.S. companies will require its workers to show up at the office more often next year, even though doing so may cause some productive staff members to leave. That’s according to newfindingsfrom ResumeBuilder.com which surveyed 756 employers at companies with return-to-office policies in place since 2021. RTO mandates have been one of the most divisive issues in …

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T-Mobile buys most of U.S. Cellular in $4.4 billion deal

T-Mobile, the nation’s second-biggest mobile carrier, plans to acquire most of U.S. Cellular in an acquisition worth $4.4 billion, the wireless carriersannounced on Tuesday. The deal involves cash and as much as $2 billion in debt, with Bellevue, Washington-based T-Mobile buying 30% of U.S. Cellular’s spectrum assets as well as the regional carrier’s customer accounts and retail stores. U.S. Cellular …

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Homeowners face soaring insurance costs as violent storms wreak havoc

Insurance companies are hiking the cost of homeowners coverage to offset the growing risk posed by powerful storms of the kind that ripped across five states over the Memorial Day weekend. The stormsleft a trail of destructionin Arkansas, Kentucky, Oklahoma, Texas and parts of Virginia, leveling homes and killing at least 23 people. The increasing frequency and severity of extreme …

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Amtrak changes schedule in the Northeast Corridor due to heat

Amtrak passengers traveling in the Northeast Corridor — the busy rail line linking Boston, New York and other cities in the region with Washington, D.C., — could face delays because of high heat this summer. Departure times of trains in the corridor have been adjusted to compensate for anticipated heat order delays, Amtrak Northeast said Tuesday in aposton X. The …

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Is a short-term CD or long-term CD better to open this June?

With Memorial Day in the past and summer unofficially underway, many Americans may find themselves looking for new and secure ways to grow and protect their money. While inflation has significantly cooled from its decades-high in June 2022, it remains sticky going into June 2024 at 3.4%— more than a full percentage point over the Federal Reserve’s target 2% goal. …

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2 smart ways to borrow money this summer (and 2 to avoid)

Do you anticipate a need to borrow money this summer? Maybe you need funding to cope with new summertime expenses or maybe you’re looking for financing for another reason. With inflation stubborn and interest rates high, you may be in need of some extra funding right now. No matter why you need to borrow money, however, you have several options …

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Is a $10,000 home equity loan worth it?

The average homeowner has hundreds of thousands of dollars worth of equityright now. And, that’s good news considering the fact that home equity loans often havemore competitive interest rates than other options. So, if you need to borrow money, and want a competitive interest rate, a home equity loan may be the way to go. But, there’s a trade. While …

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Is it too late to invest in 1-ounce gold bars? 5 reasons to buy in now

Gold has experienced a rapid price ascension over the last few months, helping to drive renewed interest in the investment asset. For starters, the price of gold hit a new record high of over $2,400 per ounce on May 20, up by about 14% from late March when the price of gold was nearing $2,100 per ounce. And, the price …

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"No-buy pledge" catches on with TikTokers. Heres what to know and how to start.

The first rule of the “no-buy” trend? Talk about the no-buy trend. What started several years ago as a blogged-about experiment in budgeting and mindful spending has become a popular trend on social media. For the challenge, participants pledge to stop buying non-essential items, whether unneeded shoes, additional beauty products or other impulse buys for a set amount of time, …

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