Hold onto your wallets, gas prices are heading to an all-time record high. Here are a few ways to protect yourself

With gasoline prices at a 14-year high, it’s hard to imagine paying even more at the pump. Yet prices are only heading higher. On Sunday, the national average for a gallon of gas hit $4.009, the highest since July 2008, according to data from AAA.  An increase in demand along with a reduction in supply…

Closing the gender gap for women-led businesses could boost global GDP by $2 trillion, Citi says

Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Female-founded companies received only 2.1% of venture capital dollars invested in 2021 in the U.S., according to PitchBook. “Lack of access to finance…

Expectation vs. Reality: Deducting Work From Home Expenses

Working from home comes with many perks. Are tax deductions one of them? Ever since the COVID-19 pandemic made remote work a necessity, teleworking has become the new normal for many American employees. In fact, more teleworkers are now choosing to work remotely and increasingly say they prefer it to working in an office. So,…

Used-car prices are still sky-high — but they may be easing

A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Wholesale used-vehicle prices fell in February from January, a sign that while prices remain near record levels, the surge in U.S. used-car prices may be easing. Cox Automotive said on…

Stocks making the biggest moves midday: Bed Bath & Beyond, United, PVH and more

In this article DKNG BKR SLB A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares rose 34% midday on news that GameStop’s Chairman Ryan…

Should you super fund a 529 college savings plan? Here’s what experts say

Kevin Winter | Getty Images If you’re eager to jumpstart an education fund, you may consider a larger, upfront contribution to a 529 college savings plan. While the average account balance was $30,287 in 2021, according to the College Savings Plans Network, depositing and investing sooner may pay off, experts say. “The earlier you get…

Joint vs. separate accounts: How couples choose to handle finances could impact their financial success

DusanManic | iStock | Getty Images When it comes to handling money, couples have a choice: combine all of their accounts, keep them entirely separate or strive for something in between. But what is normal? About 43% of couples who are married, in a civil partnership or living together have joint assets, according to a…

More than $1 billion could be forfeited in health-care flexible spending accounts this year

Jose Luis Pelaez Inc | DigitalVision | Getty Images If you have a flexible savings account for health-care expenses, it’s probably worth checking whether any of that money is on the verge of disappearing. An estimated $1 billion in those accounts could be forfeited in 2022, according to an estimate from FSAstore.com. Some forfeitures could…

Bed Bath & Beyond shares surge 65% after GameStop chairman reveals big stake, pushes turnaround

In this article BBBY Customers carry bags from Bed Bath & Beyond store on April 10, 2013 in Los Angeles, California. Kevork Djansezian | Getty Images News | Getty Images Bed Bath & Beyond surged 65% in premarket trading Monday after GameStop Chairman Ryan Cohen revealed he had a nearly 10% stake in the retailer,…

Stephen Roach says Russian default would hit emerging markets — and China

A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russia’s sovereign debt as a result of the Ukraine crisis would spill over to emerging markets, including China. “If Russia does default on its…

From Dole Whip to Blue Milk: How Disney has used food to elevate its theme parks

In this article DIS A sample of cocktails available onboard the Halcyon. Disney Thrill-seekers of all ages are excited to return to theme parks, but gravity-defying rides and immersive attractions aren’t the only things they have an appetite for. In the last two decades, food and beverage offerings have become an increasingly important part of…