Tipping 20% at a sit-down restaurant is still the standard in the U.S., according to most etiquette experts. Diners disagree. After holding steady for years, tipping at full-service restaurants fell to 19.4% in the second quarter of 2023, according to online restaurant platform Toast’s most recent restaurant trends report, notching the lowest average since the start of the pandemic.
Personal finance
Squaredpixels | Getty Images When it comes to saving and investing, many investors tend to think of two key goals — funding emergencies that could crop up in the short term or retirement that may be years away. But as many individuals continue to reconsider their goals following the Covid-19 pandemic, experts say that that
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Senator Bill Cassidy, R-La., seen at the U.S. Capitol on Feb. 11, 2021. Joshua Roberts | Reuters Republican senators Bill Cassidy, M.D., of Louisiana; John Thune of South Dakota and more than a dozen other GOP colleagues introduced a Congressional Review Act resolution this week
Xavier Lorenzo | Moment | Getty Images Not long ago, it was common to earn low returns on cash — less than 1%. But after the Federal Reserve embarked on a series of interest rate increases to tamp down inflation, that has changed. Now, investors may get as much as 5% or more interest on
Odilon Dimier | PhotoAlto | Getty Images Even though more students feel priced out of college entirely, there are efforts to improve access to higher education that seem to be working. In 2011, San Francisco made headlines when it became the first city in the nation to kick off a college savings account with $50
Getty Images There are two kinds of risk that investors should understand when building a portfolio: risk tolerance and risk capacity. They describe different aspects of a person’s risk profile — and ignoring them can put investors “in a really bad situation,” said Charlie Fitzgerald III, a certified financial planner based in Orlando, Florida. Asset
John M Lund Photography Inc | Digitalvision | Getty Images Most Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save. A new CNBC Your Money Survey conducted by SurveyMonkey found that 74% of Americans are feeling financially stressed, up from 70%
FG Trade | E+ | Getty Images “Know your worth,” career experts often say. But when it comes to salary expectations, American workers are already setting the bar high. What some labor economists are calling a “near-perfect” job market has helped propel the amount of money most job applicants would accept to a record this
Taylor Swift performs onstage during “Taylor Swift | The Eras Tour” at SoFi Stadium on August 09, 2023 in Inglewood, California. Kevin Winter/tas23 | Getty Images Entertainment | Getty Images To quote Taylor Swift, “It’s a cruel summer” — especially for some consumers falling prey to common scams. Swift fans eager to buy tickets may
Gary Burchell | Getty Images More couples are becoming homeowners before tying the knot. Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors. The organization mailed out a survey in July 2022 and received a total of 4,854
Close up upset businesswoman in glasses having problem with laptop, broken or discharged device, confused unhappy woman looking at computer screen, reading bad news, unexpected debt or spam Fizkes | Istock | Getty Images The interest on federal student loans has started accruing again. Since March 2020, the interest rate on most government-owned education debt
Bitcoin Umit Turhan Coskun | Nurphoto | Getty Images Even as the Securities and Exchange Commission delays a decision on several applications for the first spot bitcoin exchange-traded fund, many in the crypto industry are still feeling optimistic for a future blessing from the agency. SEC filings dated Aug. 31 indicated the agency would give