Recent data suggests that the typical newly constructed home on the market today is smaller than those available for purchase a decade ago. In the first quarter of 2024, the median size of a single-family home under construction was 2,140 square feet, a decrease from 2,256 square feet in the first quarter of 2023. The
In the face of an impending retirement savings crisis, there is a glimmer of hope for individuals with 401(k) plans and other retirement accounts that fall short of the necessary funds for a comfortable retirement. These individuals, known as “super savers,” are setting an example for others by diligently contributing more than 10% of their
The business relationship between Cisco and Chinese electric car companies has been a topic of interest recently. Ming Wong, Vice President and CEO of Cisco Greater China, expressed optimism about the company’s growing business with Chinese electric car companies as they expand overseas. Cisco’s presence in the electric vehicle (EV) segment in China is significant,
As the pace of inflation has gradually decreased from its peak in 2022, the repercussions are still being felt by retirees and individuals nearing retirement age. Recent research conducted by insurance company Prudential Financial indicates that a significant portion of Americans are making adjustments to their retirement plans in response to rising prices. According to
Financial aid has always been a crucial aspect for high school students looking to pursue higher education. However, the ongoing issues with the new Free Application for Federal Student Aid (FAFSA) have created significant barriers for students and their families. As of June 14, only 45% of high school graduates have completed the FAFSA, a
Ferrari, known for its iconic combustion engines and roaring powertrains, is venturing into the world of electric vehicles. CEO Benedetto Vigna proudly states that the all-electric model retains the driving traits and emotion that define a true Ferrari. Despite the skepticism surrounding the absence of engine noise in electric vehicles, Vigna assures that Ferrari’s power
The average 401(k) savings rate, which includes both employee deferrals and company contributions, has reached historic levels in recent years. In 2023, the average combined savings rate was reported to be around 11.7%, matching the record high from the previous year. Another report from Fidelity also indicated record savings, with a combined rate of 14.2%
When couples face financial stress, the importance of open communication cannot be understated. Research conducted by Cornell University suggests that many couples struggle to effectively address their financial problems due to a fear of initiating difficult conversations. This avoidance is often rooted in the misconception that discussing financial issues will only lead to arguments, further
In a bold move to revitalize its e-commerce platform, Target has decided to tap into the vast potential of Shopify to introduce innovative and trendy brands to its marketplace. This strategic partnership aims to enhance the assortment of products available on Target’s website and attract a broader range of consumers. By collaborating with Shopify, Target
When it comes to purchasing a home in the United States, there are certain areas that pose less of a challenge compared to others. Iroquois County, Illinois, for instance, is currently recognized as the least difficult market to buy a home according to the NBC News Home Buyer Index. This index analyzes various counties based