Top Story
Baby boomer women are pouring into the stock market
The number of American women who invest skyrocketed over the past year, with older generations leading the pack.
US stocks finished lower on Thursday
• U.S. oil prices jumped more than 5% amid lingering geopolitical uncertainty. American petroleum stocks rallied in response.
• More Americans filed for first-time unemployment benefits last week than expected.
Here’s what to be on the lookout for today
• The Labor Department’s September jobs report.
What to do if you've been hit by a phishing scam
Nobody wants to fall prey to a scam. But as the instances of cybercrime grow, it’s becoming more important to know how to react to them.
Phishing is a form of cybercrime where criminals send messages pretending to be a real company or individual, hoping to get personal or financial information from you. If you have fallen victim to a phishing scam, here are a few things you can do.
Don't Be Embarrassed and Act Fast
You might feel embarrassed if you find out that you've fallen victim to a phishing scam. But don't let that stop you from taking action to protect yourself. First steps may include getting in touch with your bank or financial service provider to ensure the security of your accounts or assets.
Change Your Passwords
Changing your passwords should also be top of mind. Not using the same passwords across multiple websites and enabling multi-factor authentication can help keep your accounts safe.
You can also protect yourself against phishing scams and other cybercrime through cyber insurance.
Today’s top stories
Younger Americans prioritize sustainability — at home and at workMany millennials and Gen Zers are pressuring companies to amp up their sustainability efforts, and it may be working.
Read more >> How do you manage money as a freelancer?These tips can help you kick off a strong financial plan.
Read more >>Other news that caught our eye
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Remember Costco’s gold rush? Now it’s selling platinum too. The warehouse club is offering bars of the precious metal for more than $1,000 per ounce.
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Amazon will hire 250,000 workers for the holiday season, the same number as in 2023.
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Starbucks wants to climate-proof its coffee. The chain bought two new farms in Central America, and plans to buy more in Africa and Asia to buttress its supply against extreme weather.
Financial planner tip of the day
“While not everyone loves the idea of budgeting, taking a moment to assess and prioritize your spending can yield some real rewards. Even a basic monthly budget can help you reach your financial goals, whether it’s to have a financial cushion, put a downpayment on a new home, go on your dream vacation, or all of the above.”
Brian Walsh, CFP® at SoFi