The rising cost of college education has made student loans seem inevitable for many families. However, with strategic planning and disciplined saving, you can build a substantial college fund that eliminates or significantly reduces the need for borrowing. Starting early and choosing the right savings vehicles can make the difference between your child graduating debt-free…
Why Financial Literacy Should Be Taught in Schools
In today’s increasingly complex financial, the ability to manage money effectively has become more crucial than ever before. Yet despite its fundamental importance, financial education remains absent from most school curricula, with only seven states requiring high school students to take a personal finance course. This educational gap leaves millions of young adults unprepared for…
Emergency Funds: Why You Need One and How Much
Life has a way of throwing financial curveballs when you least expect them. Whether it’s a sudden medical emergency, unexpected car repairs, job loss, or a broken appliance, these unplanned expenses can derail your financial stability in an instant. An emergency fund serves as your financial safety net, protecting you from the stress and debt…
Volvo Cuts 3,000 Jobs to Streamline Operations Amid Global Economic and Trade Pressures
Volvo Cars, headquartered in Sweden, is cutting 3,000 jobs as part of a broader cost-cutting initiative. This move comes in response to global economic uncertainty and trade tensions that are affecting the automotive sector. The company aims to streamline operations and improve financial performance amid these challenges. Out of the total job reductions, about 1,200…
German Court Convicts Former VW Executives as Dieselgate Trial Ends with Landmark Fraud Ruling
A German regional court has convicted four former Volkswagen executives of fraud in a landmark decision tied to the Dieselgate scandal. The ruling, announced on Monday, marks the end of a significant four-year trial. Two of the convicted executives were handed prison sentences, while the other two received suspended sentences. This outcome delivers long-awaited accountability…
Trump Turns on Tim Cook as iPhone Tariff Threats Escalate Amid Rift Over Overseas Manufacturing
In the lead-up to President Trump’s recent Middle East trip, the White House invited prominent U.S. business leaders to accompany him. Among those declining was Tim Cook, Apple’s CEO—a decision that appeared to irk the president. During his tour of the region, Trump took public jabs at Cook, contrasting him with other tech executives like…
BYD Shares Slide 8% as Aggressive EV Price Cuts Spark Investor Worries but Boost Buyer Interest
Shares in Chinese electric vehicle (EV) manufacturer BYD dropped as much as 8.25% on Monday, retreating from a record high reached the previous week. The decline came in response to the company’s decision to significantly reduce prices on several of its electric and plug-in hybrid models, announced on May 23. This move has raised concerns…
Tokyo-to-Houston Flight Diverts to Seattle After Passenger Tries to Open Exit Mid-Air
A Houston-bound Boeing 787-9 Dreamliner, en route from Tokyo, was forced to divert to Seattle on Saturday morning after a passenger allegedly attempted to open an emergency exit door mid-flight. According to officials at Seattle-Tacoma International Airport, both passengers and flight crew intervened to restrain the individual, ensuring the safety of those onboard. The flight,…
Masayoshi Son and Trump Back $300 Billion US-Japan Wealth Fund With Global Ambitions
Masayoshi Son, the influential billionaire behind SoftBank, is collaborating with the Trump administration to establish a massive US-Japan sovereign wealth fund. The fund, potentially worth hundreds of billions of dollars, aims to fuel investments in technology and infrastructure across the United States. The concept has already reached top-level discussions involving US Treasury Secretary Scott Bessent…
FAA’s Outdated Systems and Staffing Crisis Push U.S. Air Traffic Control to the Brink
In 2024, the FAA supervised nearly 16.8 million flights—over half a million more than the year before—yet it continues to rely on an air traffic control system from the early 1990s. Designed for a far less congested airspace and antiquated by today’s standards, this system struggles to cope with modern aviation demands. Despite increasing air…