Utah couple arrested at their 27,000 sq ft mansion for allegedly running $300M scam smuggling oil from Mexico — what schemes like these mean for the average American consumer
James Lael and Kelly Anne Jensen’s sprawling, $9-million mansion in Sandy, Utah is the kind of luxury home out of reach to the average American — but not to the long arm of the law. As KSL-TV reports, U.S. Marshals arrested the couple at their 27,000-square-foot property in late April as part of a multi-state […]
Paul Krugman says Trump’s actions are ‘crippling’ America and killing ‘US exceptionalism’ — warns of a greater than 50% chance of 2025 recession. 3 easy ways to protect your nest-egg now
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Paul Krugman isn’t one to mince words. The Nobel Prize-winning economist says President Donald Trump’s policies are doing serious damage to the U.S. economy — calling them “crippling” in […]
Here are 7 ‘bad assets’ that could cause you to retire poor in America — how many do you own?
You probably know the importance of retiring with a hefty, well-diversified portfolio of assets. But what if you’ve spent some of your money accumulating things that look like ‘assets’ but are actually hidden liabilities. Here are the top seven tempting but deceptive money drains that many people trap themselves into before retirement. Don’t miss I’m […]
Something is rotten in the state of Florida’s orange industry — hurricanes, disease and population boom are killing it, and your grocery bill could be the next victim
If there’s one agricultural staple Florida is known for, it’s oranges. Polk County, Florida, houses more acres of citrus than any other county in Florida. But in 2023, more people moved to Polk County than any other county in the country, leaving less room for citrus growers to do what they do best. Don’t miss […]
My dad, 75, only has $31K saved for retirement and he’s freaking out — how do I help him make the most of his $70K salary to save his retirement?
As of 2022, the typical American aged 75 and over had $130,000 in retirement savings, according to the Federal Reserve. However, Americans 65 to 74 had a median retirement savings balance of $200,000. The reason older people have less money may boil down to the fact that by age 75, a lot of people have […]
Here are the top 6 signs that ‘scream’ you’re pretending to be upper class in America, says The Ramsey Show. How many apply to the people around you?
If you’ve ever met someone whose lifestyle just doesn’t quite add up, you might be dealing with a high-class illusionist — someone pretending to be wealthy. Amidst all the social pressure to keep up with your neighbors and achieve that dream lifestyle, many ordinary Americans are simply faking it until they make it. Don’t miss […]
‘Replacing what used to be a smoke-filled back room’: Colorado lawmakers trying for second time to ban rent-setting algorithms — blamed for costing US renters an extra $3.8 billion in 1 year
Do you know how your landlord sets the rent? In many parts of the country, it may be done using algorithms. These third-party-run algorithms use proprietary and public data and may allow landlords to indirectly collude to charge higher rents. "What these companies are doing is they’re replacing what used to be a smoke-filled back […]
DoorDash has a new ‘buy now, pay later’ option — but some experts are skeptical. Would you try it despite the growing ‘debt binge’ in the US?
DoorDash is best known as an app that allows people to order food for delivery. That’s why it may come as a surprise that it’s partnered with a service called Klarna that allows customers to finance purchases. It may seem odd to finance — or pay over time — for takeout food, but the company’s […]
BlackRock CEO Larry Fink warns that Social Security in the US ‘doesn’t grow with the economy’ — proposes 1 big idea that gives Americans a ‘winning’ feeling. Will Trump really agree to it?
There’s been no shortage of debate over how to shore up Social Security as it barrels toward a funding shortfall in 2035. Now, BlackRock CEO Larry Fink is weighing in with a somewhat controversial idea: partial privatization. Speaking with Semafor’s Liz Hoffman, Fink suggested the problem with the nation’s safety net is that it’s restricted […]
The FBI says an Arizona father–son duo scammed $280M — with an elaborate ‘lie’ meant to ‘exploit and defraud investors.’ Here’s how it allegedly happened, and how to avoid frauds like this
Arizona father and son, Randy and Chad Miller, have reportedly been indicted in an alleged scheme that targeted investors looking to fund a sports complex. The elaborate plot, which resulted in more than $280 million in defrauded funds, involved municipal bonds linked to a large sports complex in the city of Mesa. Don’t miss I’m […]