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MOST RECENT ARTICLES FROM TILLY ARMSTRONG
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The common 401(K) rollover mistake costing savers tens of thousands
22/07/24 05:58
Americans are missing out on investment gains by accidentally taking their retirement savings out of the stock market after switching jobs, experts warn. When people roll a 401(K) workplace plan over into an individual retirement account, the money is frequently held in cash until the saver chooses new investments. However many Americans never select new investments and unintentionally leave their money sitting in cash, new research from Vanguard Group shows. This means they are missing out on approximately $172 billion in retirement wealth which could be generated if they instead put the money in stocks and bonds....read
The three reasons Bernie Madoff was able to pull off the biggest Ponzi scheme in history - and how you can avoid falling victim to the next one
20/07/24 07:18He is America's most notorious financial fraudster, who managed to scam investors out of approximately $68 billion. How did Bernie Madoff pull off the biggest Ponzi scheme in history?
America's fastest-growing city has two things everyone wants
20/07/24 02:42America's fastest growing city has two things everyone wants, according to its mayor.
America's 10 most affordable retirement-friendly beach towns
18/07/24 01:42New research has revealed the top ten most affordable beach towns for retirees - and six of them are in the Sunshine State.America's 10 most affordable retirement-friendly beach towns - with SIX in one state
18/07/24 04:49New research has revealed the top ten most affordable beach towns for retirees - and six of them are in the Sunshine State.
Fender rival Fernandes Guitar abruptly shuts down its US business and will no longer sell guitars
18/07/24 04:48A company that counts among its fans Green Day frontman Billie Joe Armstrong and Metallica lead guitarist Kirk Hammett has filed for bankruptcy.
Macy's ends buyout talks after months of negotiations as struggling department store pledges to turn itself around
15/07/24 08:11Beleaguered department store Macy's has scrapped talks with two investors trying to buy out the chain.
Oregon town bans dollar stores amid Dollar General's push to open more
08/07/24 02:11An idyllic Oregon town has banned dollar stores following backlash around the opening of a Dollar General store in the county.Idyllic town BANS dollar stores amid Dollar General's push to open more locations in the area
07/07/24 04:43An idyllic Oregon town has banned dollar stores following backlash around the opening of a Dollar General store in the county.
Astonishing reason only a third of callers get through to IRS revealed in bombshell report exposing agency's failings
06/07/24 02:47The IRS lost 55 hours of work per customer service representative this filing season due to its 'inefficient' systems, DailyMail.com analysis can reveal.
Costco pays $2M in lawsuit - could you be eligible for a payout?
03/07/24 06:18Customers who purchased a particular product over a six year period are eligible to receive a payment.
Costco pays $2M in false advertising lawsuit - could you be eligible for a payout?
03/07/24 05:23Customers who purchased a particular product over a six year period are eligible to receive a payment.
Here's how much Americans say they need to earn to live comfortably - and it varies dramatically across gender, race and generation
03/07/24 11:58Very few Americans are making the kind of money they think they would need to live comfortably, a troubling new survey has revealed.
Major media giant follows Blockbuster into bankruptcy - in another victory for major streaming companies
03/07/24 03:25The parent company of movie rental service Redbox has filed for bankruptcy on rocky footing, after months of financial struggles.
The five most expensive cities for burger, fries and soda - NYC and LA aren't among them
02/07/24 04:14Fast food has soared in price in the last few years across the US, but new analysis has revealed the most expensive city to buy a burger, French fries and a soda.
Scared to switch from a gas car to an EV? Expert explains five reasons why you are wrong
30/06/24 07:05Americans might be concerned about the price of an EV or they may envision the car running out of battery without a charging point nearby. But how many of these fears are justified?
Taxpayers are furious that only a small percentage of IRS calls get answered - and it is getting worse
27/06/24 05:04The astonishing level of unanswered calls to the IRS has been revealed.
Why Americans are feeling the effects of inflation in grocery stores
26/06/24 06:41Food prices have risen around 20 percent in the last five years, and Americans are routinely shocked by the cost of a typical visit to the store.Hey Janet Yellen, here is why Americans ARE feeling the effects of inflation in the grocery store even if you aren't
26/06/24 06:15Food prices have risen around 20 percent in the last five years, and Americans are routinely shocked by the cost of a typical visit to the store.
48 Subway restaurants at risk as franchisee files for bankruptcy
26/06/24 05:38A Subway franchisee which operates 48 restaurants has filed for Chapter 11 bankruptcy protection, putting the locations at risk of closure.
48 Subway restaurants are at risk as franchisee files for bankruptcy - after grim incident at one location
26/06/24 07:49A Subway franchisee which operates 48 restaurants has filed for Chapter 11 bankruptcy protection, putting the locations at risk of closure.
Group of 16 Nobel prize-winning economists all agree which presidential candidate would be worst for inflation
26/06/24 03:44A group of 16 Nobel prize-winning economists have issued a stark warning that inflation would be worse under Donald Trump.
Secondhand EVs now cost less than used gas cars - as the electric vehicle backlash accelerates
26/06/24 03:42Secondhand electric cars are now cheaper than their gas counterparts for the first time - and the gap is widening quickly.
Realtors reveal worst US states to buy property over the next 5 years
25/06/24 10:00While some states may have beautiful scenery, vibrant cities or a strong job market, other factors may make them an unwise destination for prospective homebuyers.
One presidential candidate ran up twice as much national debt as the other - as US faces spiraling 'debt bomb'
25/06/24 04:44The winner of November's presidential election faces a grim fiscal outlook, with the national debt on course to reach a record share of the economy under the next administration.
Why you should avoid buying property in these states over the next five years, according to real estate agents
25/06/24 12:42While some states may have beautiful scenery, vibrant cities or a strong job market, other factors may make them an unwise destination for prospective homebuyers.
Overlooked generation stands to gain the most from the $84 trillion wealth transfer
23/06/24 10:35While much has been made about the wealth that millennials and Gen Z will inherit in the coming years, there is another generation which has been mostly overlooked.
Sister reveals how her brother's ex-girlfriend is getting his $250,000 life insurance payout - in heartbreaking cautionary tale which should serve as a warning to ALL Americans
23/06/24 07:05Dave passed away on December 31, 2023. He did not have a will and had not gotten around to updating his life insurance policy, which still had his ex-girlfriend listed as primary beneficiary.
Starbucks finally tackles high prices - but it won't fix an even bigger bugbear for customers
22/06/24 04:10Starbucks is finally tackling one of its customers top bugbears - but experts are warning that it is unlikely to lure back lapsed patrons.
REVEALED: The most expensive US state for a family of four to get by - and it's NOT California or New York
21/06/24 06:58New analysis from SmartAsset lays bare how stubborn inflation and rising costs are eroding families' purchasing power across the country.
American Airlines backtracks on major change to earning air miles
20/06/24 10:20The change was set to begin on July 11 and experts feared other major airlines would follow suit.
Nurse shocked to find family home of 17 years sold behind her back - due to mysterious loophole that could affect vast numbers of Americans
19/06/24 02:13So-called 'zombie mortgages' are coming back to life across the US as home prices rise, experts are warning.
Your pet may not be covered anymore as America's biggest insurance company axes cats and dogs from plans
18/06/24 03:02Hundreds of thousands of pet owners have been left without coverage after a a major insurer abruptly canceled pet policies earlier this month.
McDonald's makes major change to drive-thru after mishaps go viral
17/06/24 06:44McDonald's was aiming to speed up service, simplify operations and create an improved experience for customers.McDonald's makes major change to drive-thrus after mishaps go viral
17/06/24 06:05McDonald's was aiming to speed up service, simplify operations and create an improved experience for customers.
You may owe the IRS money TODAY - and missing the deadline could cost you hundreds of dollars more
17/06/24 03:27Some taxpayers owe the Internal Revenue Service a check today, which could lead to their owing the agency hundreds of dollars if they miss the deadline.
The mysterious companies you have never heard of pushing up your home insurance premium
16/06/24 04:54A little-known element of the insurance industry is pushing up homeowner premiums, consumer advocates are warning.
The 10 US cities that have the most homes under $200,000 - and the top two are a short drive to gorgeous beaches and nature
15/06/24 12:19Real estate marketplace Realtor.com hunted down 10 US cities where budding homeowners can still find properties within a more affordable price range.
Social Security bosses reveal potential massive cut to retirement income as Congress desperately scrambles to not run out of cash
14/06/24 04:20Social Security relies on its trust funds to provide monthly benefit checks to around 70 million Americans. But the money is running out - and payments need to be cut.
Kevin O'Leary reveals his choice for Trump's vice president
14/06/24 10:10Shark Tank star Kevin O'Leary has revealed his pick for Donald Trump 's vice president, as suspense builds over who will join him on the 2024 ticket.
Shark Tank star KEVIN O'LEARY reveals his choice for Trump's VP - and how their vice presidency would be different from every other in history
14/06/24 06:00Shark Tank star Kevin O'Leary has revealed his pick for Donald Trump 's vice president, as suspense builds over who will join him on the 2024 ticket.
Real estate expert from Million Dollar Listing issues dire warning for house prices in 2024
13/06/24 05:28Kirsten Jordan, who was the first female broker to be cast on Bravo's Million Dollar Listing New York, said that some overvalued markets are due a 'correction.'
Crooks are posing yet ANOTHER threat to EV adoption in America: 'This worries me the most'
13/06/24 01:27Thieves are targeting charging stations and stealing the cables, which can disable entire stations, forcing owners to search desperately for another working charger.
Housing markets in this area are cooling the fastest in the US
12/06/24 10:20New construction is soaring - bringing the number of listings up to pre-pandemic levels - which is cooling competition, according to fresh analysis from Redfin.Housing markets in this area are cooling the fastest in the US as pandemic boom fades
12/06/24 01:17New construction is soaring - bringing the number of listings up to pre-pandemic levels - which is cooling competition, according to fresh analysis from Redfin.
Delta makes major change to domestic flights in a bid to boost profits
12/06/24 01:04Delta Air Lines will offer its premium economy service on flights between Los Angeles and New York City from September, the airline has announced.
1 in 4 seniors are still working - here are the states with the biggest jump in over-65s in employment
11/06/24 12:47A higher cost of living, changes in Social Security policies and significant growth in the over-65 population has meant that a larger share of older Americans are still working.
Millions of Americans could see their Social Security retirement payments cut by $300 a month
10/06/24 12:33Millions of older Americans are facing a financial challenge which could threaten their retirement plans - outstanding student loan debt.
Rules on inheriting a 401(K) have been revamped - everything you need to know and how to avoid a shock bill
09/06/24 01:47Constantly changing rules mean that many people are confused about what is required of them if they inherit a 401(K) or an IRA.
The astonishing number of fast food jobs lost - and restaurants shut - because of California's new $20-an-hour minimum wage
08/06/24 06:39California 's fast food restaurants have cut nearly 10,000 jobs since the state's $20-an-hour minimum wage came into law on April 1.
America's economy receives a surprise boost
07/06/24 12:46Employers added 272,000 jobs in May, according to the latest jobs report released Friday.
Home prices are falling in these 4 former boomtowns
07/06/24 07:00Home prices are falling in four former hotspots, as near-record housing costs push homebuyers away.
Home prices are falling in these 4 former boomtowns - it's a bad omen for the rest of America
06/06/24 05:25Home prices are falling in four former hotspots, as near-record housing costs push homebuyers away.
Another retailer bans American Express in huge blow to consumers
06/06/24 02:40Customers of an online shopping giant will no longer be able to use American Express cards to pay for purchases from this summer.Another retailer bans American Express, joining revolt led by Costco
05/06/24 09:33Customers of an online shopping giant will no longer be able to use American Express cards to pay for purchases from this summer.
American cookie brand faces backlash as recipe is quietly altered
05/06/24 05:24Cookie fans are branding the new Chips Ahoy! recipe as 'awful' and 'truly terrible' after the iconic American brand altered its ingredients earlier this year.
Chips Ahoy faces backlash from lifelong fans after cookie recipe is quietly altered: 'Absolutely shameful'
05/06/24 04:57Cookie fans are branding the new Chips Ahoy! recipe as 'awful' and 'truly terrible' after the iconic American brand altered its ingredients earlier this year.
Here's how much your AC will cost this summer as heatwaves hit
04/06/24 06:16The cost of keeping cool this summer will be as much as 12 percent higher in some areas of the US compared to last year - as Americans face brutal heatwaves.
Student loan borrowers in the dark about little-known program that cancels ALL debt
04/06/24 11:39Experts are sounding the alarm about a little-known program which could provide forgiveness for certain borrowers with private student loan debt.
Spotify is hiking prices again - here's how much you will have to pay
03/06/24 04:48Spotify is hiking its prices for the second time in a year.
Spotify is hiking its prices AGAIN - here's how much you will have to pay
03/06/24 03:59Spotify is hiking its prices for the second time in a year.
How can you keep your home cool as temperatures start to rise? Energy CEO offers his top tips
02/06/24 02:39Temperatures are already rising across the US - and all signs point towards the summer of 2024 being the hottest on record. Here is how you can keep your home cool.
Financial planner warns why it is a mistake to put all your retirement savings in your 401(K)
01/06/24 12:53A 401(K) is a valuable vehicle for workers to build up a nest egg for retirement. But Americans should not put all their savings in their workplace plan, according to a financial planner.
How Ozempic has a surprising financial benefit for Americans
30/05/24 01:06More people taking weight loss drugs could make the economy grow faster, according to a leading Goldman Sachs analyst.
Thousands of Nissan cars recalled after exploding airbags result in 30 deaths - is your vehicle one of them?
29/05/24 07:50Safety authorities have issued an urgent 'do not drive' warning for 84,000 vehicles fitted with dangerous Takata airbags due to the risk of serious injury or even death.
How soaring house prices in swing states could impact the election
29/05/24 06:52House prices in swing states could keep Joe Biden in the White House in the upcoming presidential election, a first-of-its-kind study suggests.How soaring house prices in these seven battleground states could swing the battle for the White House
29/05/24 04:49House prices in swing states could keep Joe Biden in the White House in the upcoming presidential election, a first-of-its-kind study suggests.
REVEALED: The best (and worst) US cities to raise a family in 2024
29/05/24 11:09Researchers compared 180 US cities based on the cost of housing, the quality of local school and healthcare systems and average household income.
Urgent warning for Americans as nearly HALF face credit report errors that can ruin finances - how to check YOURS
28/05/24 12:45Nearly half of all credit reports contain errors which could impact Americans' ability to apply for credit cards - or mean they have to pay more for loans.
Is YOUR company 401(K) unfair? 'Free money' from employer contributions mainly benefits highest earners, landmark research reveals
27/05/24 06:58New research suggests that 401(K) employer contributions benefit some staff more than others.
REVEALED: The states with the highest and lowest utility costs - how do your monthly bills stack up?
26/05/24 02:03Some states are paying a premium for basic utilities - with Americans in the most expensive areas paying up to $200 more a month than in the cheapest.
Citigroup's top US economist gives grim warning about cracks in the economy - saying problems could 'snowball'
26/05/24 02:01Citigroup's top economist Andrew Hollenhorst has warned about how a deteriorating labor market is exposing cracks in the US economy.
JPMorgan CEO Jamie Dimon issues ominous warning about US economy
23/05/24 07:06JPMorgan Chase CEO Jamie Dimon has said that he cannot rule out a 'hard landing' for the US - leading to recession and staglation.
A major change is coming to mailboxes
23/05/24 07:02The United States Postal Service (USPS) is encouraging Americans to change their mailbox - as the number of online orders soars.
JPMorgan chief Jamie Dimon issues ominous warning about US economy
23/05/24 05:27JPMorgan Chase CEO Jamie Dimon has said that he cannot rule out a 'hard landing' for the US - leading to recession and staglation.
Buffalo Wild Wings announces eye-catching all-you-can-eat deal
23/05/24 04:22Buffalo Wild Wings has announced an all-you-can-eat wings deal - while also poking fun at Red Lobster.'Please don't bankrupt us': Buffalo Wild Wings taunts Red Lobster as it announces eye-catching $20 all-you-can-eat deal
22/05/24 10:10Buffalo Wild Wings has announced an all-you-can-eat wings deal - while also poking fun at Red Lobster.
'Fire MOHELA': President Biden urged to cut ties with disastrous student loan firm as millions are plagued with errors
22/05/24 07:57Members of Congress, advocacy groups and borrowers held a press conference in Washington DC on Wednesday to demand the federal government terminate its contract with the company.
Taylor Swift fans are causing a spike in European air travel, with United saying demand is up 25%
21/05/24 09:22Taylor Swift fans desperate to see the superstar's Eras Tour are causing a spike in European air travel, United Airlines has revealed.
Report: Trump's trade war could cost families at least $1.7K a year
21/05/24 07:10Presidential candidate Donald Trump's new trade war could cost middle-class families at least $1,700 a year, a new report has warned.
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Your Money
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Flight delayed or canceled? Here's how you can get a full refund under MAJOR airline shake-up
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EXCLUSIVEInside the MOHELA meltdown: Student loans provider responsible for servicing 8 MILLION accounts under fire
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Nine little-known retirement hotspots revealed - where crime is low and properties are cheap
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Why the 2020s could be the best decade ever for America's housing market
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Finance expert reveals why you should stick to the one-tenth rule when buying a car
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US faces negative equity timebomb: Percentage of mortgages considered 'seriously underwater' rises - here are the states worst affected
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'Father of the 401(K)' reveals the biggest downside of his creation
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Hidden stock market clues that can predict election results - as experts reveal who they think will win in 2024
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The zombie office timebomb: Commercial real estate foreclosures jumped 117% in March - as experts warn it could trigger the next banking crisis
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Can you really get cheaper flights using your browser's 'incognito' mode or clearing your cookies?
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America's best (and worst) states for job hunters REVEALED - and why you may be better off seeking work in Nevada than Mississippi
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Why YOUR airport selfie is a gift to scammers
Cybersecurity expert warns excited vacationers not to upload photos to their boarding pass to social media
