This demographic tends to rely on news to make money decisions

angel may

Older Americans are putting overwhelming faith in news to inform their financial decisions as compared to the younger generation, according to the first installment of the new Yahoo Finance-Harris poll.

Eighty-one percent of people ages 55 years and older say their money and investment decisions are influenced by the coverage of current events. Only 25% of people between 18 and 34 years old use the news as an information source for their financial decisions.

The results stem from a poll of 2,033 respondents, conducted from June 15 to 17. Yahoo Finance has teamed up with Harris to produce monthly insights on consumer and workplace trends

Fifty-five percent of U.S. adults get their news from social media, according to a 2019 Pew Research Report, up from 47% in 2018. And Facebook (FB) is the top destination among its peers, with 52% of all U.S. adults getting their news from the platform.

Read More

100 Ways To Make Money Without a 9-to-5

angel may

Due to the coronavirus pandemic, many people have lost work hours or been laid off. As people struggle to figure out how to supplement their income, picking up a side job to make a few extra bucks might be helpful. While not all of these gigs may be possible due to certain social distancing guidelines, these 100 ways to increase your income might help now or in the near future. Keep reading to see how you can work from home.

Taking online surveys is one of the easiest ways to earn extra money. And plenty of companies are looking for consumer feedback to improve their products or develop new ones.

Brands hire survey sites to conduct online questionnaires on their behalf, gaining access to precious customer feedback. The sites, in turn, pay you for participating in their surveys. If you really want to rake in the cash, join several survey … Read More

36 rare vintage Corvettes found in a Manhattan garage after they were abandoned for decades will be raffled off for charity

angel may

Lost Corvettes
Lost Corvettes

Brittany Chang/Business Insider

A historic collection of 36 classic Corvettes saved from dilapidation after being hidden underground in a Manhattan garage for decades will soon be given away in a nationwide sweepstakes. 

Corvette Heroes is hosting The Lost Corvettes sweepstakes that will be giving away the cars that it touts as the “greatest barn find in automotive history.”

The Corvette collection has an unusual backstory: this isn’t the first time all 36 of the Corvettes have been given away together. They were originally a part of a 1989 giveaway that landed the cars in the hands of a Long Island man who then passed the cars along to artist Peter Max. Max, however, left the Corvette collection untouched in multiple Manhattan garages for decades before the current team acquired the fleet and decided to host a new giveaway.

The sweepstakes collection includes a Corvette from every production year

Read More

Can you still get cover in the age of coronavirus?

angel may

Getty/iStock
Getty/iStock

As holidays and business travel abroad resume, many people are concerned about the risks posed by coronavirus – and the problems they may face getting adequate insurance.

These are the key questions and answers.

I booked my August holiday to Greece last January and took out insurance at the time. Will it still cover me for coronavirus?

It depends on the precise details of your cover. Some policies may have a general exclusion for claims triggered by pandemics. But otherwise you can expect to be covered for claims related to coronavirus.

There are two main areas of claims.

The first is for recompense of funds lost because of cancellations. A typical example: suppose Greece were to continue its ban on UK flights beyond 15 July (which, by the way, I don’t expect). If you have booked a DIY holiday, you would automatically be entitled to a full refund from

Read More

The coronavirus pandemic ‘has undone years of work’ for women, Yahoo Finance survey shows

angel may

Women, especially middle-aged ones, have been hit the hardest by the coronavirus pandemic in terms of job loss, fewer options for remote work, and needing more time to recover financially from the crisis, according to a new survey from Harris Poll and Yahoo Finance. 

Nearly all men between the ages of 35 and 44 — 96% — were still working the same job as before the pandemic, only 60% of women the same age were, according to the survey of 2033 Americans. The latest unemployment rate shows 8.9% unemployment for men in that age group and 9.4% for women in June.

Read more: Here’s how to navigate changes in your career

A similar discrepancy shows up between men and women who are 45 to 54. More than three-quarters of men that age have the same job, but just under 6 in 10 women do, the survey found.

That difference, among

Read More