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AI-assisted shopping is the talk of the holiday shopping season

NEW YORK (AP) — Major retail chains and tech companies are offering new or updated artificial intelligence tools in time for the holiday shopping season, hoping to give consumers an easier gift-buying experience and themselves an augmented share of online spending.
Although AI-powered purchases are in early stages, the sho ... (full story)


Here's why everyone's talking about a 'K-shaped' economy

Here's why everyone's talking about a 'K-shaped' economy

WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the "K-shaped economy" are rapidly proliferating.
So what does it mean? Simply put, the upper part of the K refers to higher-income Americans seeing their incomes and wealth rise while the bottom part p ... (full story)


Understanding notes

Q. What are Treasury notes? -- A.V., Mililani, Hawaii
A. They're U.S. government-issued debt securities, with maturity terms of two, three, five, seven or 10 years. (Treasury bills, in contrast, mature within four to 52 weeks, and Treasury bonds have terms of either 20 or 30 years.) Investors buying a Treasury note are essential ... (full story)


Consolidate traditional IRAs or keep them separate?

The subject of having multiple traditional (tax-deferred) IRA accounts came up recently in a presentation I was giving on QCDs. The context was donating IRA money to charity after age 73 during the IRA's required minimum distribution (RMD) phase. (By the way, if you would like to be invited to in-person or online presentations, be s ... (full story)


The most climate-friendly groceries might not be in the supermarket

The most climate-friendly groceries might not be in the supermarket

The pollution from food is sneaky. Because the apple sitting on your kitchen counter isn't really causing any harm.
But chances are good that you didn't pick it from a tree in your backyard. It required land and water to grow, machines to harvest and process, packaging to ship, trucks to transport and often refrigerators to stor ... (full story)