Once your debt is paid off and you have that 6-month emergency fund, you may want to start investing some of your money. Your Cheddar hosts Kristen Scholer and Tim Stenovec walk through a beginners guide to the stock market.
The first thing you need to do is build your financial library. Start learning the basics of the market by reading through finance blogs or listening to podcasts. Second, don't forget that investing is all about long-term goals. And third, understand the value of dollar cost averaging. The basic idea here is investing the same amount of money each month, regardless of what the market is doing.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!