What do you get for the person in your life who has everything? Try stuffing their bank account instead of their stocking. Anand Talwar, Deposits and Consumer Strategy Executive at Ally, joins Your Cheddar to talk about gifting financial security to a spouse or child for the holidays.
It may not be sexy, but giving your spouse a living will or naming them as a beneficiary could be one of the most important things you do all year. Talwar says only 44% of Americans have a living will, which he wants to see increase next year. Talwar also suggests giving the gift of financial security to your kids. Giving them an actual piggy bank and teaching them about saving and budgeting is more of an asset than an action figure.
Plus, what to get the millennials on your list. They're obsessed with the experiential economy, so Talwar suggests looking into gifting them your airline miles. It's technically free, (if you won't use them) and allows young adults to follow their travel passions.
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Trump wants interest rates to plummet to make borrowing cheaper and boost growth. Fed chair Jerome Powell and his allies say not so fast, they need to bala
