In today’s uncertain economy, it’s crucial to avoid common financial pitfalls to make a big difference with your money. Personal finance expert Humphrey Yang shared three things he never does with his money on Instagram, advising against lending money to friends or family. Instead, offer a gift amount you’re comfortable with to avoid straining relationships. Yang also recommends comparing banks for the best interest rates and thinking carefully before making major purchases that don’t add real value to your life. Before splurging, ask if the purchase will genuinely improve your life or help you earn more money. 1. President Biden signed a $1.2 trillion infrastructure bill into law, aiming to improve roads, bridges, and public transportation across the country.
2. The number of COVID-19 cases is rising in Europe due to the Omicron variant, prompting new restrictions and booster shot campaigns.
3. Tesla’s market value surpassed $1 trillion for the first time, making it one of the most valuable companies in the world.
4. The United Nations climate summit in Glasgow concluded with countries committing to reduce greenhouse gas emissions and limit global warming to 1.5 degrees Celsius.
Read more at 1. Tesla reports record profits in Q3, exceeding expectations. The electric car company generated $1.6 billion in net income, with revenue reaching $13.8 billion. – finance.yahoo.com
2. Facebook announces rebranding to Meta, focusing on the metaverse. CEO Mark Zuckerberg plans to invest $10 billion in virtual reality technology over the next few years. – finance.yahoo.com
3. Apple unveils new MacBook Pro with M1 Pro and M1 Max chips. The laptop features a 14-inch or 16-inch Liquid Retina XDR display, up to 64GB of RAM, and up to 8TB of storage. – finance.yahoo.com: Never Do These 3 Things With Your Money, Says Personal Finance Pro Humphrey Yang