Did your in-laws give you a gift card for the holidays that you won't ever use? Have no fear, there are plenty of easy ways to make the most of those misfit gifts.
Justin Cupler, Savings Expert at The Penny Hoarder, shares his top tips for unwanted gift cards. To start, he says they're easy to re-gift. If you've got birthdays coming or need to send a thank you, gift cards are an easy solution.
If you're not in the gifting mood, Cupler says there are always online gift card exchanges that you can use. Sites like Cardpool let people trade in gift cards for cash. The more popular the gift card is, the more cash you will get. However, it's important to note that you likely won't get the full value of the gift card back in dollar bills.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
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Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.