'Should I Buy All My Kids A House?' Widow Uncertain After Husband's Death, Asks Dave Ramsey About Purchasing Homes For Her 3 Adult Children from auction prices Watch Video

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✓ Published: 15-May-2024
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During a discussion on the Dave Ramsey Show, titled \

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Warren Buffett's Berkshire Hathaway has revealed it has been buying shares of insurer Chubb over the past few quarters, making it one of Berkshire's largest holdings. Berkshire has acquired nearly 26 million shares of Chubb for a total stake worth $6.7 billion, making it Berkshire's 9th largest holding. Insurance is a core business for Berkshire, which owns companies like Geico and General Re and recently acquired Alleghany. Chubb's stock price jumped nearly 7% in after-hours trading following the news of Berkshire's sizable stake in the company.
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The average American spends nearly two and a half hours a day dreamscrolling — looking at dream purchases or things they’d like to one day own — and 71% say it’s time well spent, as the habit motivates them to reach their financial goals.<br/><br/>In a recent poll of 2,000 U.S. adults, more than two in five respondents say they spend more time dreamscrolling when the economy is uncertain (43%). In a year, that amounts to about 873 hours or nearly 36 days spent scrolling. <br/><br/>Conducted by OnePoll on behalf of financial services company Empower, the survey reveals half of respondents say they dreamscroll while on the job, and of those, one in five admit to spending between three and four hours a day multitasking while at work.<br/><br/>Gen Zers spend the most time dreamscrolling at just over three hours per day, while boomers spend the least, clocking in around an hour.<br/><br/>Survey respondents say looking at dream purchases makes it easier for them to be smart with their money (56%), avoid making unplanned purchases or going into debt (30%) and better plan to achieve their financial goals (25%).<br/><br/>Nearly seven in 10 see dreamscrolling as an investment in themselves (69%) and an outlet for them to envision what they want out of life (67%). Four in 10 respondents (42%) say they regularly spend time picturing their ideal retirement — including their retirement age, location and monthly expenses.<br/><br/>Scrolling for the American dream: one in five respondents are looking at homes or apartments (21%), while a quarter look at vacation destinations (25%), beauty or self-care products (23%), and items for their pet (19%).<br/><br/>Others spend time looking at clothing, shoes and accessories (49%); gadgets and technology (30%); and home décor or furniture (29%). <br/><br/>More than half (56%) currently have things left open in tabs and windows or saved in shopping carts that they’d like to purchase or own in the future. For those respondents, they estimate it would cost about $86,593.40 to afford everything they currently have saved.<br/><br/>Almost half of Americans say they are spending more time dreamscrolling now than did in previous years (45%) and 56% plan on buying something on their dream list before this year wraps. <br/><br/>While 65% are optimistic they’ll be able to one day buy everything on their list, nearly one in four say they don’t think they’ll ever be able to afford the majority of items (23%).<br/><br/>More than half (51%) say owning their dream purchases would make them feel more financially secure, and close to half say working with a financial professional would help them reach their goals (47%).<br/><br/>Others feel they have more work to do: 34% say they’ve purchased less things on their dream list than they should at their age, with millennials feeling the most behind (39%).<br/><br/>Top economic factors that may be holding some Americans back include rising prices (54%), inability to save money (29%) and growing debt (21%). <br/><br/>Instead of doom spending, dreamscrolling has had a positive impact on Americans’ money h
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Hims and Hers , to Offer Weight Loss Injections.<br/>GLP-1 medications like Ozempic and Wegovy have become increasingly popular.<br/>However, the market has faced some supply constraints recently because of that popularity.<br/>On May 20, Hims & Hers Health announced that it will be providing access to compounded GLP-1 weight loss injections, CNBC reports. .<br/>Company shares jumped over 30% <br/>following the announcement.<br/>Compounded versions of medications are created <br/>by certain manufacturers who meet FDA requirements when there are medication shortages.<br/>However, the products are not tested <br/>for safety and efficacy by the FDA.<br/>The new offering of compounded GLP-1 medications can be accessed by getting a prescription from a health care provider on the Hims & Hers site.<br/>Branded GLP-1 injections will be made available <br/>once the supply becomes more consistent.<br/>The price for compounded injections will <br/>start at $199 per month, CNBC reports. .<br/>Prior to announcing its GLP-1 offerings, <br/>Hims & Hers revealed in an earnings report...<br/>... that it anticipates its weight loss <br/>program to garner over $100 million <br/>worth of revenue by December 2025.<br/>Hims & Hers CEO Andrew Dudum said that he is \
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The interest rate on new federal student loans for undergraduates during the upcoming academic year will be more than 6.5%, the highest in 12 years. Graduate students will see more than 8% interest rate increases, and PLUS loans will have an interest rate above 9%. The higher rates are based on the 10-year Treasury note auction held every May and are expected given the Federal Reserve's high benchmark interest rate. Biden is working on new proposals to cancel up to $20,000 in debt for borrowers whose balances grew due to unpaid interest.
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