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Could Economic Uncertainty Push Up Gold Prices in June?

Could Economic Uncertainty Push Up Gold Prices in June?

In 2024, gold has seen tremendous growth thus far. The price of the product increased by more than 18% this year alone, from $2,063.73 per ounce on January 1 to $2,439.98 per ounce on May 20. Even if it has somewhat decreased recently, if you own gold or are thinking about buying some, you might be wondering if the rising trend will last for the remainder of the year.

May 31, 2024 02:00 PM EDT


Salesforce Shares Plummet 20% After Disappointing Results

Salesforce Shares Plummet 20% After Disappointing Results

The stock had its worst day in over 20 years on Thursday, when Salesforce's shares finished 20% down. July 4, 2004, the day the stock plunged 27% only days after the business went public, is the worst trading day in company history.

May 31, 2024 12:10 PM EDT


OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy

OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy

Sam Altman, CEO of OpenAI, has announced his commitment to donate the majority of his wealth to philanthropic causes, aligning himself with other billionaires who have pledged significant contributions.

May 31, 2024 11:30 AM EDT


IRS Permanently Extends Free Filing Option, Encourages State Collaboration

IRS Permanently Extends Free Filing Option, Encourages State Collaboration

The IRS said on Thursday that it will extend its trial of a free electronic tax return filing system to all 50 states as well as the District of Columbia, requesting that they assist taxpayers in completing their forms through the program by 2025.

May 31, 2024 11:06 AM EDT


Gemini Settles, Returns $2.2 Billion to Users Caught in Crypto Lending Freeze

Gemini Settles, Returns $2.2 Billion to Users Caught in Crypto Lending Freeze

Clients whose money was frozen in the now-defunct crypto loan scheme of cryptocurrency exchange Gemini will soon begin to receive their money back.

May 31, 2024 11:01 AM EDT


65% of Gen Z Prioritizes Travel Despite Financial Risks

65% of Gen Z Prioritizes Travel Despite Financial Risks

According to a Bank of America survey published on May 20, Gen Z is more likely than previous generations to be planning travels abroad since they are no longer content with taking road trips to their parents' houses.

May 31, 2024 11:01 AM EDT


Is Tap-to-Pay Making Consumers Spend More?

Is Tap-to-Pay Making Consumers Spend More?

Apps that let us tap at stores to pay for products and services are increasingly prevalent on our phones and watches. Some customers rely only on these tap-to-pay networks, leaving their cash and credit cards at home.

May 30, 2024 12:49 PM EDT


Student Loan Debt Hinders Retirement for Around 2.2 Million Over 55

Student Loan Debt Hinders Retirement for Around 2.2 Million Over 55

There's another group of debtors-Americans over 55 who are getting close to retirement-who are frequently disregarded and have their own unique set of difficulties.

May 30, 2024 12:22 PM EDT


Can a $10,000 Home Equity Loan Boost Your Finances? Here's How to Decide

Can a $10,000 Home Equity Loan Boost Your Finances? Here's How to Decide

Currently, the average homeowner has equity worth hundreds of thousands of dollars. And given that home equity loans sometimes offer more affordable interest rates than other choices, that's excellent news. In light of this, a home equity loan might be the best option for you if you need a loan and want an interest rate that is competitive.

May 29, 2024 07:27 PM EDT


Social Media Fuels Rise of "No-Buy Year" Challenge

Social Media Fuels Rise of "No-Buy Year" Challenge

What began as a weblog experiment in mindful spending and budgeting a few years ago has gained popularity on social media.

May 29, 2024 12:22 PM EDT


Tax Return Status: How to Get Information About Your Refund

Tax Return Status: How to Get Information About Your Refund

About 48 hours after electronically completing your tax return, you may often check the status of your refund on the IRS "Where's My Refund?" website. You may also get information on refunds for the last two years and the current year by using the website.

May 29, 2024 12:14 PM EDT


IRS Data Breach: Files of At Least 50,000 Americans Stolen

IRS Data Breach: Files of At Least 50,000 Americans Stolen

A victim of the heist wrote a commentary for the Wall Street Journal today, claiming that the IRS hacker took the tax files of between 50,000 and 70,000 individuals, making it the greatest theft of private taxpayer information in American history.

May 29, 2024 12:13 PM EDT


Tesla Shareholders Consider Elon Musk’s $56 Billion Compensation After Judge Says He Improperly Rewarded

Tesla Shareholders Consider Elon Musk’s $56 Billion Compensation After Judge Says He Improperly Rewarded

A two-month dispute between Elon Musk's allies and adversaries surrounds the reinstatement of the tech billionaire's record $56 billion compensation package.

May 29, 2024 11:31 AM EDT


California Drivers Feeling the Pinch, State Mulls Measures to Lower Gas Prices

California Drivers Feeling the Pinch, State Mulls Measures to Lower Gas Prices

Given the skyrocketing cost of petrol in California, legislative representatives have announced a detailed strategy to solve the problem.

May 28, 2024 09:48 PM EDT


Self-Made Millionaires Reveal 5 Overpriced Expenses

Self-Made Millionaires Reveal 5 Overpriced Expenses

It's simple to picture the things you would purchase for yourself if you were a millionaire. However, you quickly learn from speaking with genuine billionaires that no one becomes a millionaire or maintains a million dollar portfolio by living carelessly.

May 28, 2024 06:03 PM EDT


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