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Can therapy make you richer?

By ALANA BENSON NerdWallet Investing in the stock market isn’t the only thing that may bring a financial return: Studies have found that seeking help from a therapist may lead to financial benefits. If you’re struggling with anxiety, it may feel too intimidating to learn about stocks, bonds and mutual funds. If you’re dealing with depression, it may be difficult to prioritize investing for retirement. We explore the connection between therapy and finance, get insight from professionals, and give concrete steps for people looking to use therapy as a tool to help them invest in ...

Warren Buffett’s firm ups stakes in Japanese trading houses

OMAHA, Neb. (AP) — Billionaire Warren Buffett’s company has increased its investments in five major Japanese trading houses to give Berkshire Hathaway control of 7.4% of each of those conglomerates. Buffett disclosed the new investments Tuesday in interviews with Nikkei and CNBC while he is vists Tokyo this week to meet with executives at the Japanese companies. Buffett said he is “very proud” of his investments in the trading houses that were first disclosed back in 2020. Shares of Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co. and Sumitomo Corp. all surged ...

Hyundai supplier Seohan sets $72M, 180-job Georgia plant

MIDWAY, Ga. (AP) — A South Korean company will build a $72 million factory to make half shafts, axles and brake systems for a Hyundai Motor Group auto assembly plant in coastal Georgia. Seohan Group announced Tuesday that it would build the plant near Midway, south of Savannah, with plans to hire at least 180 new employees. Seohan Auto Georgia is the seventh major supplier to locate in the region after Hyundai said in May it would build a $5.5 billion plant to assemble electric vehicles and batteries in Ellabell, Georgia. The site could grow to 8,100 employees and is slated to ...

College student parents can save with tax deductions

By Riley Adams Wealth of Geeks In the past 20 years, the cost of attending college has tripled - increasing almost 8 times faster than wages. While public higher education is mostly a state responsibility, the federal government does incentivize continuing education through tax deductions and tax credits. The increasing cost of college has given rise to massive college debt. Plenty of parents, students, and guardians want a pause from these expenses. Luckily, the US government provides a variety of tax breaks for college students or parents through tax credits, tuition, and fees ...

Juul settles W. Va. lawsuit for $7.9M

By JOHN RABY The Associated Press CHARLESTON, W.Va. — Vaping company Juul Labs will pay West Virginia $7.9 million to settle a lawsuit alleging the company marketed products to underage users, Attorney General Patrick Morrisey announced Monday. The lawsuit accuses Juul of engaging in unfair or deceptive practices in the design, manufacturing, marketing and sale of e-cigarettes in violation of the state’s Consumer Credit and Protection Act. A 2020 report released by West Virginia health officials found that more than 60% of high school students in the state reported trying ...

Stocks on Street mixed amid rate hike expectations

By STAN CHOE The Associated Press NEW YORK — Stocks on Wall Street are mixed in their first trading after a report heightened speculation the Federal Reserve may tap the brakes a little harder on financial markets and the economy. The S&P 500 was 0.2% lower in Monday afternoon trading. It did not trade on Friday, when data showing a resilient U.S. jobs market heightened expectations the Fed would hike interest rates again at its next meeting. Technology stocks were falling more than the rest of the market, which helped drag the Nasdaq composite to a loss of 0.4%, as of 1:15 ...