With the influx of high-tech features in new cars, there is a growing concern about driver privacy, as highlighted by Ivan Drury, the director of insights at Edmunds. These new features, ranging from operating systems to navigation systems and remote unlock capabilities, heavily rely on data collection. This data can be gathered through various means,
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As the federal tax deadline approaches, it is crucial to take advantage of any last-minute tax-saving opportunities available. One option to consider is making a pretax individual retirement account (IRA) contribution. This can help reduce your adjusted gross income and potentially lower your tax liability. With a deadline of April 15 for 2023 deposits, you
In a recent survey conducted by job site Monster, 95% of Americans expressed their intention to seek a new job in the upcoming year. The main driving factor behind this decision for 45% of respondents was the desire for a higher income. While it is true that switching jobs can lead to more rapid salary
In a surprising turn of events, Chinese telecommunications giant Huawei declared a net profit that more than doubled in 2023 compared to the previous year. This significant increase was attributed to both better product offerings and a steady revenue growth of 9.6% year-on-year, amounting to an impressive 704.2 billion yuan ($99.18 billion). Net profit soared
The story of Tiffany Mane reading “Financial Feminist” by Tori Dunlap on her daily commute is just one example of the growing movement to empower women through financial education. Mane’s experience sparked curiosity from those around her, leading to discussions about personal finance and the importance of women taking control of their economic lives. This
The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter, driven by a year-end stock rally that boosted their portfolios. According to the Federal Reserve’s latest data, the total net worth of the top 1%, defined as those with wealth exceeding $11 million, increased by $2 trillion
The Social Security Administration recently announced a final rule that will significantly impact Supplemental Security Income (SSI) beneficiaries by preventing food assistance from reducing their monthly payments. SSI provides financial support to disabled individuals, the blind, or those age 65 and older with limited income or resources. This change is set to take effect on
Toyota Motor is currently exploring the possibility of expanding its U.S. truck lineup to include all-electric or plug-in hybrid electric versions of its popular Tacoma and Tundra pickups. This decision comes as a response to expected customer demand and the tightening federal emissions and fuel economy regulations. The executive vice president of Toyota Motor North
Rent prices for one- and two-bedroom apartments have experienced a significant growth in March, marking the first increase in six months. The cost of a one-bedroom apartment in the U.S. rose to $1,487, a 0.3% uptick from the previous month. Similarly, the price of a typical two-bedroom apartment saw a 0.5% increase, reaching $1,847. While
Xiaomi, the Chinese smartphone giant, has made waves with its recent announcement to enter the electric car market. The company’s CEO, Lei Jun, revealed that Xiaomi’s first car, the SU7, will be priced significantly lower than Tesla’s Model 3, marking the beginning of what could be a fierce price war in China’s competitive electric car