Global energy markets face mounting pressure as the conflict in the Middle East continues. The closure of the Strait of Hormuz has disrupted shipping, which could send shockwaves through oil supply chains. At the same time, diplomatic divisions are emerging among major world powers. This growing tension threatens broader economic stability. While the immediate impact of the U.S.-Israel war with Iran is felt overseas, the financial ripples could reach American shores. Consumers may see the effects of energy uncertainty soon, as broader supply chain bottlenecks threaten to drive up the cost of everyday goods. The situation escalated last week as…
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Chipotle is celebrating National Burrito Day on Thursday, April 2, by bringing back its popular Burrito Vault game for a third consecutive year. The game challenges players to guess the hourly burrito combination for a chance to unlock prizes. This year’s game features a new gameplay mode called Double Protein Power Hour, which will occur once a day, doubling the number of prizes compared to regular gameplay hours. All prizes during Double Protein Power Hour will also include double protein, Chipotle said in a news release. The fast casual restaurant chain said in a news release that fans could start…
One way to reach your financial goals is to “set it and forget it” when saving and investing money. You can even put important bills on autopay to avoid late payment fees. But not everything should go on autopay. There are some bills that, once on auto-renewal, can drain your bank account and bust your budget. Here are some items to avoid putting on autopay. 1. Warehouse club memberships Warehouse clubs like Costco and Sam’s Club offer annual memberships. With these, you have the option to set up auto-renewal, so you’re charged automatically each year. Rather than assuming that you’re…
Monkey Business Images / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder.Meal delivery services, or meal kits, have been around for more than a decade but have grown in number in recent years. You may even be wondering which one is the cheapest meal delivery service. You’ve seen the commercials and likely received the direct mailers to your door. And if you live in an apartment building, you might have almost tripped over the 30-plus-pound boxes in the hallway outside your neighbor’s door (the weight from ice packs and filler packaging adds up quickly). The direct-to-door business…
I’ve been watching the travel industry for decades, and I can tell you that when governments make it harder to cross their borders, local economies bleed cash. Right now, while many Americans are simply trying to figure out how to get the best deals on travel, Washington is quietly building a financial fortress around the country. Two new hurdles are being thrown at international tourists: steep visa bonds and unprecedented social media background checks. The goal is to increase security and stop visa overstays. But the economic blowback is going to be brutal. If you own a restaurant, run a…
Tax Day is coming. You haven’t filed yet. In truth, you haven’t even started. Preparing a tax return can trigger paroxysms of stress at the best of times. If you’re rushing to finish your taxes ahead of the April 15 deadline, you may be rushing things. Between stress and haste, you could wind up making costly errors. Here, then, is a list of common mistakes people make before filing their taxes, adapted from a March 25 list published by the Illinois CPA Society. To honor the Land of Lincoln, we’ll include comments from Illinois accountants. Your Name You probably won’t…
Recently, the folks over at MarketWatch published a piece on the six biggest changes to Social Security over the past 20 years. It got me thinking. You can’t rely on your parents’ retirement playbook. The rules have shifted dramatically, and if you aren’t paying attention, you’re going to leave thousands of dollars on the table. Here are the six shifts in Social Security since 2006 that you need to understand right now. 1. The full retirement age hit 67 If you were born in 1960 or later, your full retirement age isn’t 65. It isn’t 66. It’s 67. Although Congress…
Editor’s Note: This story originally appeared on Boldin. Where should you retire? Choosing the perfect retirement destination is actually a deeply personal and multifaceted decision. And frankly, most people love where they already live. However, if you want to relocate, you’ll want to carefully consider factors ranging from climate and cost of living to healthcare access and social connectivity. By understanding your retirement vision, conducting thorough research, and prioritizing your needs and preferences, you can identify the place that feels like home for this next chapter of your life. Remember, retirement is not just about where you live, but how…
A California-based company is recalling some male-enhancement chocolate products due to the products containing “undeclared active pharmaceutical ingredients,” according to the U.S. Food and Drug Administration. The products – Gold Lion Aphrodisiac Chocolate Male Enhancement Sachet and ilum Sex Chocolate Male Sexual Enhancement Booster – contain sildenafil and tadalafil, which the FDA says may pose a threat to consumers because the active ingredient could interact with nitrates found in prescription drugs, potentially causing a “life-threatening” drop in blood pressure. “Among the adult male population who are most likely to use these products, adult males who use nitrates for cardiac conditions…
A couple days ago, we had some parents from the neighborhood over for dinner. At some point the conversation shifted to what it cost to fill up their cars that week, and everyone had a number. $95. $110. One guy said he’d just paid over $6.00 a gallon in Orange County. The table got quiet for a second. I drive electric, so I don’t feel it at the pump the same way. But I felt it in a different way, because I’ve been paying attention to what’s driving those prices, and it’s bigger than most people realize. Here’s the short…