What the big bond sell-off means for your wallet

With America’s debt mounting and oil prices on the rise again, the bond market has been gripped by a sell-off this week.Market jitters were first triggered last week, following Scott Bessent’s plan to have the Treasury as much as double its long-dated bond purchases. The move briefly quelled yields, but…

Mamdani expels AI from the classroom for 600,000 students

Generative AI has been suspended by New York City’s schools.The city’s Department of Education imposed a one-year moratorium on the use of AI by students in elementary and middle school classrooms, officials said on Wednesday.High school students, meanwhile, will take two “AI literacy courses” each year and will have access to AI…

10 Lucky Finds That Paid Off Big

Most times wealth comes from decades of saving and investing, but on exceedingly rare occasions, incredible value hides in plain sight, masquerading as a piece of junk, a forgotten yard…

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Meta bricked the cameras on thousands of its AI glasses

Thousands of Meta’s AI glasses no longer have functioning cameras after the company detected people tampering with the recording indicator lights.Meta announced new efforts in recent weeks to crack down on people who drill out or cover up the tiny…

Bank of America employee killed in Times Square stabbing

A Bank of America employee was killed in a stabbing in Times Square on Monday afternoon by a woman armed with two knives.Erin Piacenti, 32, was pronounced dead at a nearby hospital from stabbing injuries, the New York City Police…

Sales Tax vs. Use Tax: Definitions and Examples

Most people are used to seeing sales tax on a receipt, but not every purchase includes it. When it doesn’t, you may still owe tax on that purchase through what’s called a use tax. This comes up most often with…

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