A payment method that some call ‘phantom debt’ just hit a new record

New record-breaking numbers on buy-now-pay-later purchases show consumers aren’t getting spooked by the emerging payment method that some economists call “phantom debt.”   U.S. shoppers racked up $ 16.6 billion in buy-now-pay-later purchases during the holiday season, helping to close out a big year for the flexible payment option. That’s according to Adobe Analytics, which […]

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Functional strength training is one of the best workouts for people over 50: What it is, and how to get started

This article is reprinted by permission from NextAvenue.org. Scientists have known for decades that strength training is the best intervention for people over 50 to fight bone and muscle loss, increase longevity, prevent falls, boost metabolism, regulate blood sugar and maintain function. A groundbreaking new study in the British Journal of Sports Medicine also shows that regular exercise, such as […]

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Robert Kiyosaki, author of ‘Rich Dad Poor Dad,’ says he’s more than $1 billion in debt — but that’s ‘not my problem’

“‘Not my problem.’” — Robert Kiyosaki, of his purported $ 1 billion–plus in bank debt A best-selling personal-finance author and entrepreneur admits that he has more than $ 1 billion in debt — and doesn’t think that’s a bad thing.  “If I go bust, the bank goes bust,”  said “Rich Dad, Poor Dad” author Robert […]

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With restaurant prices likely to drop in 2024, here’s why Yum’s stock may be a better buy than McDonald’s

After pandemic lockdowns in 2020 that shuttered many restaurants, followed by price increases throughout 2022 and 2023, Oppenheimer analysts on Friday said 2024 would be a year of “normalization” for the industry, with easing costs and lower prices on menus. However, they said, the cost of dining out will likely stay above historical levels. “Menu […]

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Peloton partners with TikTok, and shares race 14% higher

Peloton Interactive Inc. shares surged Thursday after the connected-exercise platform announced an exclusive partnership with TikTok. The deal will create a dedicated Peloton hub on the video-based social network with custom Peloton content, the companies said in a joint statement. TikTok users will be able to access live Peloton classes, instructor series, celebrity collaborations and […]

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