Also, gold is on fire. How should investors act?
Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â 
[The Charlotte Observer](~/AAQRxQA~/RgRn8UeVP0QiaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL1cDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) Í
Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ Íâ April 4, 2024 ⢠Issue #79 [The Money Section] This week, weâre looking at where million-dollar homes are becoming the norm, how to make sure your personal information is safe after AT&Tâs significant data breach, and what moves investors can make now that gold just reached record highs once again. Million-Dollar Homes Are Becoming the Norm [Homes](~/AAQRxQA~/RgRn8UeVP0SJaHR0cHM6Ly9tb25leS5jb20vbWlsbGlvbi1kb2xsYXItaG9tZS12YWx1ZS1jaXRpZXMtemlsbG93Lz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzlXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) Getty Images Home values are skyrocketing across the U.S., with over 550 cities now boasting an average home worth more than $1 million, according to Zillow. This surge is particularly pronounced in major metro areas like New York City, which now has 106 cities with million-dollar homes. [See which other cities lead the pack here.](~/AAQRxQA~/RgRn8UeVP0SJaHR0cHM6Ly9tb25leS5jb20vbWlsbGlvbi1kb2xsYXItaG9tZS12YWx1ZS1jaXRpZXMtemlsbG93Lz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzlXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) ð Dow Falls Nearly 400 Points In A Weak Start to Q2. Stocks declined on Tuesday amid concerns that the Federal Reserve might delay interest rate cuts, with the Dow Jones Industrial Average dropping 395 points and the S&P 500 ending down by 0.7%. Investors were cautious after Fed Chair Jerome Powell [indicated that rate cuts wouldnât happen soon.](~/AAQRxQA~/RgRn8UeVP0REaHR0cHM6Ly9lZGl0aW9uLmNubi5jb20vMjAyNC8wNC8wMi9pbnZlc3RpbmcvZG93LWZhbGxzLXEyL2luZGV4Lmh0bWxXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) â¡ Teslaâs Grip on the E.V. Market Is Slipping. Teslaâs recent staggering drop in quarterly sales has raised concerns about Elon Muskâs leadership and the companyâs market dominance, especially as rivals like BYD, Kia, and Hyundai report increases in electric vehicle sales. [Hereâs what you need to know.](~/AAQRxQA~/RgRn8UeVP0RPaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNC8wMi9idXNpbmVzcy90ZXNsYS1hdXRvLXNhbGVzLWZpcnN0LXF1YXJ0ZXIuaHRtbFcDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) AT&T Data Breach: How to Make Sure Your Personal Information Is Safe [Breach](~/AAQRxQA~/RgRn8UeVP0SAaHR0cHM6Ly93d3cua2Fuc2FzY2l0eS5jb20vbW9uZXkvYXR0LWRhdGEtYnJlYWNoLz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzlXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) Getty Images Telecommunications giant AT&T recently confirmed a significant data breach affecting 73 million current and former customers, with sensitive information such as Social Security numbers and account passcodes leaked on the dark web. [Read more.](~/AAQRxQA~/RgRn8UeVP0SAaHR0cHM6Ly93d3cua2Fuc2FzY2l0eS5jb20vbW9uZXkvYXR0LWRhdGEtYnJlYWNoLz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzlXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) ð Trumpâs Net Worth Drops $1 Billion After Truth Social Stock Plummets. Former President Donald Trumpâs net worth reportedly decreased by $1 billion after shares of his company, Trump Media & Technology Group, plummeted following significant losses and minimal revenue in 2023. However, despite a 21% drop in shares on Monday, [they have still risen nearly 200% this year.](~/AAQRxQA~/RgRn8UeVP0RraHR0cHM6Ly93d3cuc2Fsb24uY29tLzIwMjQvMDQvMDIvdHJ1bXBzLW5ldC13b3J0aC1kcm9wcy0xLWJpbGxpb24tYWZ0ZXItdHJ1dGgtc29jaWFsLXN0b2NrLXBsdW1tZXRzLXJlcG9ydC9XA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) â³ Fed Officials Still Expect Rate Cuts This Year, But Not Anytime Soon. Cleveland Federal Reserve President Loretta Mester stated she anticipates interest rate cuts this year but ruled out any cuts at the upcoming May policy meeting. While she believes a downward trajectory in inflation is likely, she also stressed the need for [more evidence before making any decisions regarding rate adjustments.](~/AAQRxQA~/RgRn8UeVP0RkaHR0cHM6Ly93d3cuY25iYy5jb20vMjAyNC8wNC8wMi9mZWRzLW1lc3Rlci1zdGlsbC1leHBlY3RzLXJhdGUtY3V0cy10aGlzLXllYXItYnV0LXJ1bGVzLW91dC1tYXkuaHRtbFcDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) How to Refinance Student Loans in 9 Steps [IRS](~/AAQRxQA~/RgRn8UeVP0SWaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL21vbmV5L3VuY2xhaW1lZC10YXgtcmVmdW5kcy1leHBpcmluZy8_eGlkPW1jY2xhdGNoeSZ1dG1fc291cmNlPW1jY2xhdGNoeSZ1dG1fbWVkaXVtPXJzc19zeW5kJnV0bV9jb250ZW50PXRtc19pc3N1ZTc5VwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) Franziska Barczyk for Money IRS: Over $1 Billion in Unclaimed 2020 Tax Refunds Expire Soon. The IRS may owe millions of taxpayers unclaimed refunds from 2020, totaling over $1 billion, with a median refund of $932 per person. However, the deadline to claim these refunds is looming, with back taxes for 2020 needing to be filed by May 17, 2024. [Hereâs what you need to know.](~/AAQRxQA~/RgRn8UeVP0SWaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL21vbmV5L3VuY2xhaW1lZC10YXgtcmVmdW5kcy1leHBpcmluZy8_eGlkPW1jY2xhdGNoeSZ1dG1fc291cmNlPW1jY2xhdGNoeSZ1dG1fbWVkaXVtPXJzc19zeW5kJnV0bV9jb250ZW50PXRtc19pc3N1ZTc5VwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) ð¥ Gold Is On Fire. What Moves Can Investors Make Now? Gold prices reached a new record high of $2,259.29 per ounce in early April, continuing an upward trend driven by investors seeking a hedge against inflation and portfolio diversification. With the price of gold expected to rise further due to factors like inflation and geopolitical uncertainty, investors are advised to [consider these 3 key moves.](~/AAQRxQA~/RgRn8UeVP0RVaHR0cHM6Ly93d3cuY2JzbmV3cy5jb20vbmV3cy9nb2xkLXByaWNlcy1hcmUtaGlnaC10aHJlZS1tb3Zlcy1pbnZlc3RvcnMtY2FuLW1ha2Utbm93L1cDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) ð¤ The Painful Rise In Home Insurance Costs. Global home insurance premiums are surging due to increased claim values from rising property prices, more frequent extreme weather events, and higher reinsurance costs. Insurers are adjusting premiums to manage costs, with [some halting policies in high-risk areas.](~/AAQRxQA~/RgRn8UeVP0Q_aHR0cHM6Ly93d3cuZnQuY29tL2NvbnRlbnQvZDNlOThhM2MtMmVjZC00MDM5LThlNDctNTZhNmFkMGNiN2YzVwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) Smart Money Move Are You Overpaying for Car Insurance? [Car] [Car] With rates surging 20% in the past year, you could be spending more than necessary on your car insurance premiums. Donât miss out on potential savings. It only takes minutes to shop around, and switching providers could potentially save you hundreds of dollars every year. [See our list of the best car insurance providers available today.](~/AAQRxQA~/RgRn8UeVP0R3aHR0cHM6Ly9zZWN1cmUubW9uZXkuY29tL3ByL3Y3NmFkZmNiYWM1ND94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzlXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) Stories we're reading this week - [These Are the 4 Best Money Moves for April](~/AAQRxQA~/RgRn8UeVP0RyaHR0cHM6Ly9tb25leS5jb20vYmVzdC1tb25leS1tb3Zlcy8_eGlkPW1jY2xhdGNoeSZ1dG1fc291cmNlPW1jY2xhdGNoeSZ1dG1fbWVkaXVtPXJzc19zeW5kJnV0bV9jb250ZW50PXRtc19pc3N1ZTc5VwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~)
- [10-, 30-Year Treasury Yields End At Highest Levels Since November](~/AAQRxQA~/RgRn8UeVP0R_aHR0cHM6Ly93d3cubWFya2V0d2F0Y2guY29tL3N0b3J5L2JlbmNobWFyay10cmVhc3VyeS15aWVsZC1ob2xkcy1uZWFyLWZvdXItbW9udGgtaGlnaC1hZnRlci1zdHJvbmdlci11LXMtZWNvbm9taWMtZGF0YS0wZGJlMmExN1cDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~)
- [Powerball Jackpot Rises To $1.23 Billion After No Players Win Grand Prize](~/AAQRxQA~/RgRn8UeVP0RFaHR0cHM6Ly93d3cubnByLm9yZy8yMDI0LzA0LzA0LzEyNDI3MjAwOTEvcG93ZXJiYWxsLWphY2twb3Qtbm8td2lubmVyVwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~)
- [Here Are the 10 Most Expensive States for Home Insurance](~/AAQRxQA~/RgRn8UeVP0SbaHR0cHM6Ly93d3cubWlhbWloZXJhbGQuY29tL21vbmV5L2hvbWUtaW5zdXJhbmNlLW1vc3QtZXhwZW5zaXZlLXN0YXRlcy0yMDI0Lz94aWQ9bWNjbGF0Y2h5JnV0bV9zb3VyY2U9bWNjbGF0Y2h5JnV0bV9tZWRpdW09cnNzX3N5bmQmdXRtX2NvbnRlbnQ9dG1zX2lzc3VlNzlXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO)
- [U.S. Job Openings Rise Modestly To 8.8 Million In February In Strong Labor Market](~/AAQRxQA~/RgRn8UeVP0RfaHR0cHM6Ly9hYmNuZXdzLmdvLmNvbS9VUy93aXJlU3RvcnkvdXMtam9iLW9wZW5pbmdzLXJpc2UtbW9kZXN0bHktODgtbWlsbGlvbi1mZWJydWFyeS0xMDg3NDkyODdXA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO)
- [When Social Security Recipients Will Get Their Checks in April](~/AAQRxQA~/RgRn8UeVP0SCaHR0cHM6Ly9tb25leS5jb20vc29jaWFsLXNlY3VyaXR5LWNoZWNrLXRoaXMtbW9udGgvP3hpZD1tY2NsYXRjaHkmdXRtX3NvdXJjZT1tY2NsYXRjaHkmdXRtX21lZGl1bT1yc3Nfc3luZCZ1dG1fY29udGVudD10bXNfaXNzdWU3OVcDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~)
- [More Americans Are Reducing Retirement Savings and Taking on Debt](~/AAQRxQA~/RgRn8UeVP0RtaHR0cHM6Ly93d3cuZm94YnVzaW5lc3MuY29tL2Vjb25vbXkvYW1lcmljYW5zLWRyYWluaW5nLXJldGlyZW1lbnQtYWNjb3VudHMtcmFja2luZy11cC1kZWJ0LWR1ZS1oaWdoLWluZmxhdGlvblcDc3BjQgpmBJXCDmZ0xG-CUht0cmlzdHJhbWJhbGR3aW44OUBnbWFpbC5jb21YBAAAA04~) The Money Section is written in partnership with Money Research Collective This email was sent to {EMAIL} because you are signed up to receive The Money Section from The Charlotte Observer. If you no longer wish to receive emails of this type, you may [update your email preferences](~/AAQRxQA~/RgRn8UeVP0R1aHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL25ld3NsZXR0ZXJzI3VzZXJJZD0zMjU0ZmI5ZGZjZDhjNjJmZjA2N2Y5NDQ4ZDNiN2ZhZmMyZTBmYTgyMDhmMmNhYzA4M2RiODU3ZGFmNjA5NmViVwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~). We are unable to monitor replies to this email. Please [contact customer service](~/AAQRxQA~/RgRn8UeVP0QzaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL2N1c3RvbWVyLXNlcnZpY2UvVwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) if you have any questions or concerns. [Privacy Policy](~/AAQRxQA~/RgRn8UeVP0RCaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL2N1c3RvbWVyLXNlcnZpY2UvcHJpdmFjeS1wb2xpY3kvVwNzcGNCCmYElcIOZnTEb4JSG3RyaXN0cmFtYmFsZHdpbjg5QGdtYWlsLmNvbVgEAAADTg~~) | [Terms of Service](~/AAQRxQA~/RgRn8UeVP0REaHR0cHM6Ly93d3cuY2hhcmxvdHRlb2JzZXJ2ZXIuY29tL2N1c3RvbWVyLXNlcnZpY2UvdGVybXMtb2Ytc2VydmljZS9XA3NwY0IKZgSVwg5mdMRvglIbdHJpc3RyYW1iYWxkd2luODlAZ21haWwuY29tWAQAAANO) Copyright © 2024 The Charlotte Observer. All Rights Reserved.
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