Before you take your Required Minimum Distribution (RMD), it’s a good idea to plan ahead for what you’re going to do with the money, because once you take it out of your IRA, you usually can’t return it.  According to Ali Dhanji, a financial advisor at Raymond James & Associates, “Once you’ve taken your Required […]

Electric vehicle (EV) maker Lucid (LCID -2.55%) experienced a share price surge after the company went public in 2021. But since about mid-2022, the stock has been on a steady decline and is down 96% from its all-time high of about $58. The massive drop may have some investors hoping that if Lucid can just

Refinance rates for 30-year loans dropped another 5 basis points Thursday, falling to a 7.04% average. That’s now a four-day retreat of 16 basis points, which reverses last week’s surge and leaves refi rates notably improved vs. a May peak of 7.32%, which was a 10-month high. Today’s average is the lowest reading we’ve seen

The states with the cheapest 30-year new purchase mortgage rates Thursday were New York, Colorado, California, Connecticut, Washington, D.C., Massachusetts, and Washington. The seven states registered averages between 6.73% and 6.80%. Meanwhile, the states with Thursday’s most expensive 30-year new purchase mortgage rates were West Virginia, Alaska, North Dakota, Mississippi, Wyoming, and Rhode Island. These

Key Takeaways Tesla shares have recovered the lion’s share of losses that followed Elon Musk’s public feud with President Donald Trump, as investors await the automaker’s upcoming robotaxi launch. Tesla bulls have recently defended the 50- and 200-day moving averages in a move that has coincided with the relative strength index reclaiming its neutral threshold

Owning Costco (COST -1.34%) or Walmart (WMT -0.65%) stock today might seem risky, given the uncertainty around tariffs and economic growth. Retailers are among the first to notice when consumers are pulling back on spending, often by trading down to cheaper brands and limiting discretionary purchases. Yet, these two retailing giants have proven that they

Key Takeaways A provision in the GOP’s sweeping budget bill would allow car buyers to deduct up to $10,000 in auto loan interest on their taxes. The deduction comes with a few big caveats, including that it only applies to domestically assembled vehicles. The bill that includes this deduction, the “One Big Beautiful Bill,” has

Key Takeaways Oil futures soared on Friday after Israel attacked Iranian nuclear facilities and Iran retaliated. The violence raised concerns that a larger conflict could disrupt global oil supplies. Gasoline prices were down 12% year-over-year in May, one of the primary reasons inflation ran just slightly above the Federal Reserve’s 2% target. Analysts say an

Planning for retirement means figuring out how much money you’ll need and how long it needs to last. A new survey shows that while many millennials expect to spend 30 or more years in retirement, most Americans struggle to estimate how long they might live. This gap in “longevity literacy” can lead to under-saving, premature

Nvidia (NVDA -2.20%) has been a no-brainer choice for investors aiming to win in the artificial intelligence (AI) market. The stock has soared 1,500% over the past five years as this AI chip leader delivered quarter after quarter of record revenue growth — and this story is far from over. Nvidia’s market dominance and innovation