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Tesla Recalls Cybertruck Over Faulty Pedals—Its Worst Flaw Yet WIREDTesla recalls Cybertruck due to accelerator pedal that can stick CNNNearly all Cybertrucks recalled over faulty accelerator pedal, misapplied soap Popular ScienceTesla Will Recall Cybertruck in Latest Setback The New York TimesCybertruck owner says accelerator got stuck while he was driving NBC News
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Bitcoin's next 'halving' is right around the corner. Here's what you need to know The Associated PressBitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark CoinDeskWhat is bitcoin halving and how will it impact its price? | Future Focus Yahoo FinanceBitcoin's halving is a major spectacle — that's the whole point BlockworksCountdown Is On for the Bitcoin 'Halving' The New York Times
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Biden limits oil drilling across 13 million acres of Alaskan Arctic The Washington PostBiden Shields Millions of Acres of Alaskan Wilderness From Drilling and Mining The New York TimesBiden Trades Alaskan Oil Tomorrow for Progressive Votes Today BloombergBiden administration bans drilling in nearly half of Alaska petroleum reserve in sweeping win for climate advocates CNNBiden set to block millions of acres in Alaska from oil, gas drilling in Earth Day action
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Oil and gold prices rise as US says Israel has struck Iran BBC.comOil prices jump on escalating tensions in the Middle East CNNOil price trades lower despite Israeli strikes on Iran Financial TimesOil turns lower following brief 3% spike after Israel launches limited strike in Iran CNBCOil slips despite reported Israeli attack on Iran Reuters
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The cost of buying a house hit another record high as mortgage rates spike again Fox BusinessVideo A look at skyrocketing mortgage rates ABC NewsMortgage rates surpass 7% while home prices show no signs of declining Yahoo FinanceMortgage Rates Top 7% As Housing Market Slumps The Wall Street JournalMortgage rates rise above 7% for first time in 2024 TODAY
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Jimmy Kimmel Worried About Trump, MAGA Media Cries Rigged Trial & Taylor Swift's New Album Drops Jimmy Kimmel LiveFact check: Donald Trump attacks Jimmy Kimmel for something Al Pacino did CNNLate Night Skewers Trump's Review of Jimmy Kimmel's Oscar Hosting The New York TimesTrump fires back after Kimmel jokes about hush money trial, social media company The HillJimmy Kimmel mocks Donald Trump for Oscars rant, reveals he may now host ceremony again USA TODAY
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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If the goal is to find stocks to buy when prices are lower rather than higher, it stands to reason that the time to go looking for the best stocks to buy is right now.
After all, the market is off by more than a fifth so far this year, which means it's probably safe to assume that most investors are fearful. And if most investors are fearful, well… doesn't Warren Buffett say that this is the time to get at least a little bit greedy?
SEE MORE 11 Stock Picks That Billionaires Love
Finding quality stocks to buy when seemingly everything is selling off is easier said than done, of course. And if you're looking for help from Wall Street analysts, good luck. There's a saying about analysts: "In a bull market you don't need them; in a bear market you don't want them."
That's far too harsh as an assessment - but understandable as a sentiment. It's well known that Wall Street analysts are reluctant to slap Sell calls on the stocks they cover. There are a number of reasons for this reticence, but that's a discussion for another day.
Perhaps less well known is that analysts are also pretty stingy when it comes to bestowing the highest conviction Buy recommendations on the names they follow.
As of Sept. 22, only five stocks in the S&P 500 carried consensus recommendations of Sell or Strong Sell, according to data from S&P Global Market Intelligence. At the other end of the ratings spectrum, 392 of the index's 500 stocks had consensus recommendations of Buy or Strong Buy.
That's far too many Buy calls, to be sure. We know for a fact that the vast majority of stocks turn out to be duds. Research shows that the entirety of the $75.7 trillion in net global stock market wealth created between 1990 a
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