By Emma Patch From Kiplinger’s Personal Finance Jacob Pruitt, president of Fidelity Charitable, the nation’s largest donor-advised fund, offers advice to those considering charitable contributions. Question: For someone who is new to donor-advised funds, what do they do and how do they work? Answer: They’re similar to an investment account. You put money or other…
Family Finances: A Gift That Keeps on Giving
October 9, 2022
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Millennial: You Nixed Your Home-buying Plan. What Now?
Millennials are in peak nesting mode. We want the outdoor space many apartments lack, or the room to grow that a starter house doesn’t offer. There’s just a not-so-small problem. The median existing home sales price of U.S. homes was $389,500 in August, according to the National Association of Realtors. That’s a 7.7 percent increase…
The Savings Game: Don’t Give up on the Stock Market
By Elliot Raphaelson From Tribune Content Agency Investors in both the stock and the bond markets are understandably nervous. The Federal Reserve has indicated that until inflation is under control, it will continue to increase interest rates. As long as that happens, it is likely that both bond prices and stock prices will remain under…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 7)
October 7, 2022
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Benchmark U.S. crude oil for November delivery rose $4.19 to $92.64 a barrel Friday. Brent crude for December delivery rose $3.50 to $97.92 a barrel. Wholesale gasoline for November delivery rose 5 cents to $2.73 a gallon. November heating oil rose 16 cents to $4.02 a gallon. November natural gas fell 22 cents to $6.75…
How Major US Stock Indexes Fared Friday Oct. 7 , 2022
October 7, 2022
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Wall Street lost more ground on worries that a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 fell 2.8 percent Friday after the government said employers hired more workers last month than expected. The Dow Jones Industrial Average and the Nasdaq also fell sharply, and Treasury yields rose. Markets…
How Major US Stock Indexes Fared Thursday Oct. 6, 2022
Stocks closed lower again on Wall Street but still managed to hold on to sizable gains for the week. The S&P 500 fell 1 percent Thursday. The Dow Jones Industrial Average lost a bit more than 1 percent and the Nasdaq gave back 0.7 percent. Bond yields moved higher. Investors were reviewing the latest data…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 6)
October 6, 2022
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Benchmark U.S. crude oil for November delivery rose 69 cents to $88.45 a barrel Thursday. Brent crude for December delivery rose $1.05 to $94.42 a barrel. Wholesale gasoline for November delivery rose 1 cent to $2.68 a gallon. November heating oil rose 17 cents to $3.86 a gallon. November natural gas rose 4 cents to…
How Major US Stock Indexes Fared Wednesday Oct. 5, 2022
Stocks ended slightly lower on Wall Street as a gangbuster two-day rally ran out of gas. The S&P 500 ended 0.2 percent lower Wednesday after briefly heading into the green late in the day. Its early rally this week was the biggest since the spring of 2020, spurred in part by hopes a softening economy…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 5)
October 5, 2022
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Benchmark U.S. crude oil for November delivery rose $1.24 to $87.76 a barrel Wednesday. Brent crude for December delivery rose $1.57 to $93.37 a barrel. Wholesale gasoline for November delivery fell 1 cent to $2.67 a gallon. November heating oil rose 15 cents to $3.69 a gallon. November natural gas rose 9 cents to $6.93…
How Major US Stock Indexes Fared Tuesday Oct. 4, 2022
October 4, 2022
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Stocks rose sharply again on Wall Street and clawed back more of the ground they lost in a miserable several weeks. The S&P 500 rose 3.1 percent Tuesday. The benchmark index has been rallying since hitting its lowest point of the year on Friday to close out a September slump. Other major U.S. indexes also…
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