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Those wanting to save some money by purchasing a used car may be in for sticker shock. The used vehicle market is seeing an “unseasonal sharp uptick due to unique market conditions” because of the coronavirus pandemic.This also means those with a used car sitting around could get top dollar for a trade-in or sale.Edmunds, which has been tracking automotive trends since the 60s, says the average used car listing price was 8 more in July than in June. Large trucks had the biggest one-month jump, with listing prices ,301 more in July than in June.Meanwhile, trade-ins are, on average, seeing 16.4 percent more value in July compared to June. And those used vehicles are not sticking around on the lots for long. In June, it was taking an average of 44 days to turn around a used car, and in July, it was down to 38 days. This is the steepest one-month decline in Edmunds history of keeping records."It's a seller's market right now. Although used vehicles continue to offer significant discounts compared to new, used-car shoppers will find themselves in the unusual position where they might not have as much negotiation power because demand is so high and dealers will be less inclined to be flexible," said Ivan Drury, Edmunds' senior manager of insights in a release from the company."If you're in the market for a used car, what you see in terms of pricing is likely what you're going to get, so do your research and be prepared to act quickly if you have your heart set on a vehicle."The reason behind the sharp increase in demand for used vehicles is for a variety of pandemic-related causes, says Drury.Consumers are being more cost-conscious right now as unemployment is high, interest rates and offers from dealers are favorable for car buying, and inventory has been “severely limited on the new side.”Automakers closed their factories for several weeks earlier this year as states issued stay-at-home orders to control the coronavirus pandemic. That led to a decline in inventory for new vehicles.Edmunds recommends buyers and sellers/traders do their homework and find out what the value of their specific vehicle is. 2146

Three explosions that occurred when people picked up packages outside their residences appear to be connected, Austin, Texas, city Police Chief Brian Manley said Monday at a news conference.A Monday morning explosion killed a 17-year-old African-American boy and also injured a woman at the house. A second Monday explosion left a 75-year-old woman in critical condition, the chief said. A March 2 blast killed a 39-year-old African-American man.All the explosions occurred when people who lived at the residences went outside and picked up packages, Manley said. The packages were not delivered by the postal service or delivery services like UPS or FedEx, he said."The evidence makes us believe these incidents are related," he said, saying investigators have not come up with a motive or whether anybody has claimed responsibility. It's not known if the victims knew each other or if they were targeted, he said.Police also have not decided if these are hate crimes, but said that's a real possibility of the victims' races."We're not ruling anything out at this point," he said. "We're willing to investigate any avenue."Authorities have only identified one victim. Anthony Stephan House, 39, died from injuries in the March 2 explosion, police said. The elderly woman injured today sustained life-threatening injuries, the chief said.In describing the Monday morning blast that killed the teenager, the chief said: "What we understand at this point is that early this morning is that one of the residents went out front and there was a package on the front doorstep. They brought that package inside the residence and as they opened that package, both victims were in the kitchen, and the package exploded, causing the injuries that resulted in the young man's death and the injuries to the adult female."The female's injuries were not life-threatening, he said.Manley strongly urged residents to be on the lookout for suspicious packages and to alert authorities immediately."If you've received a package that has been left on your doorstep or left in your yard or left on your driveway that you were not expecting or that was not from someone you know, then give us a call," Manley said.Likewise, he urged the thousands of visitors in town -- many at the South by Southwest Interactive Festival -- to be cautious. "Enjoy yourself, have a good time," he said. "But be aware, be suspicious."The festival began Friday in downtown Austin and ends Tuesday. The explosions are not in the immediate vicinity of the festival.Texas Attorney General Ken Paxton urged all Texans to be cautious. "With three reported explosions in the Austin area, I want to urge all Texans to report any suspicious or unexpected packages arriving by mail to local law enforcement authorities. Call 911 immediately if you receive something suspicious," he said on Twitter.Local police, as well as agencies including the FBI, and the Bureau of Alcohol, Tobacco, Firearms and Explosives, are working on the case.The ATF is processing evidence from the first device at its lab and evidence from the second device will also be sent to an ATF lab for consistency.Governor Greg Abbott announced a ,000 reward was being offered for information leading to the identification and arrest of the person or persons involved in the deadly package blasts. 3330

Today we’re introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers. As a result, more than 165,000 associates will receive a raise! Read more: https://t.co/v2SFcjrUak pic.twitter.com/SLVC21DU7l— Walmart Inc. (@WalmartInc) September 17, 2020 314

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities.If you’ve ever wondered how your retirement savings stacks up against your peers, you’re in good company. The desire to know where you land in the sea of retirement savers is natural, and it can help either kick-start more progress or give you a feeling of satisfaction. But no matter how the numbers make you feel, they may not be the best measure of whether you personally are on track for retirement.What is the average retirement savings?The 2019 Survey of Consumer Finances shows that the average retirement savings for all families is 5,130. The median retirement savings for all families is ,000.Taken on their own, those numbers aren’t incredibly helpful. There are a variety of decent retirement savings benchmarks out there, but how much money other people have isn’t one of them. Even breaking the numbers down by age won’t give you a great picture of where your own finances should be. After all, age is just one factor in how much you should save for retirement — and not everyone who is the same age will retire at the same time.But retirement savings balances do tend to increase with age, as they should — the closer you are to retirement, the more you should have stashed away. (If you’ve been struggling to fund retirement accounts, our guide on how to save money will help.)How much each age has saved for retirementA little fine print upfront: Because averages can be heavily skewed by outliers — in other words, the savings over- and underachievers in each group — we’ve also included median balances. The median can often provide a more representative number than the average, and you’ll notice that the median numbers are quite a bit lower than the averages. (All data is from the 2019 Survey of Consumer Finances, unless otherwise noted.)It’s also worth noting that both figures include only those who have retirement holdings — there are many people of all ages who do not. In 2019, only about half of families owned any kind of retirement account.Under 35Average household retirement savings: ,170Median household retirement savings: ,000Let’s start with millennials; they’re used to being under the microscope. In 2019, 45% of families headed by someone under age 35 had retirement accounts — meant here to include IRAs, Keoghs and certain employer-sponsored accounts such as 401(k)s, 403(b)s and thrift savings accounts.Of the families in this age group who have retirement holdings, the average value of those holdings is ,170, and the median value is ,000. In other words, 3,352 and 1,444 pieces of avocado toast, respectively.If you’re not sure how much you should save for retirement, it’s best to get an idea for it sooner rather than later — you don’t want to be heading into retirement without enough saved.Ages 35 to 44Average household retirement savings: 1,950Median household retirement savings: ,000This age range encompasses the oldest millennials and the youngest of Generation X. More than half (56%) of households headed by someone of this age have retirement accounts, according to the data.The average and median values of this group’s retirement holdings are significantly higher than those of the under-35 set. These are strong earning years alongside peak spending years. Particularly for those who have kids, dollars may be stretched around paying for child care, saving for college and saving for retirement. If you’re looking to increase those retirement savings, an IRA can be a great way to do it.Ages 45 to 54Average household retirement savings: 4,720Median household retirement savings: 0,000This group is still part of Generation X, with the oldest members about a decade from what’s considered the standard retirement age. About 58% of households headed by someone this age have retirement holdings, according to the SCF.These can be peak earning years, especially for men, who see earnings growth until age 55, according to compensation research firm PayScale. The company’s research shows women top out over a decade earlier, at 44.Ages 55 to 64Average household retirement savings: 8,420Median household retirement savings: 4,000These are baby boomers, and the oldest among them are knocking on retirement’s door — just a couple of short years from Social Security’s definition of full retirement age. About 54.5% of households headed by a baby boomer have retirement holdings.Ages 65 to 74Average household retirement savings: 6,070Median household retirement savings: 4,000The bulk of these households include someone who is in retirement, or at least of retirement age. As a result, many are at the stage when they are probably spending, rather than accumulating, savings. According to the SCF, 48% of this age group have retirement accounts.After this point, average and median retirement account values begin to fall, as does the percentage of people who have retirement accounts. For households headed by someone age 75 or older, the median value of retirement holdings is ,000, with an average holding of 7,920.What do these numbers tell you?The headline here: Most people aren’t saving enough for retirement and are entering retirement with very little stashed away.“If you use these numbers as your guiding star, you’ll likely be in the same state as most of the country: unprepared for retirement.”That’s just one reason why the average retirement savings for someone your age isn’t a benchmark. If you use these numbers as your guiding star, you’ll likely be in the same state as most of the country: unprepared for retirement.How much you should have saved, and how much you should be saving, have nothing to do with where others your age stand. It has everything to do with your income, planned retirement spending, expected retirement age and life expectancy.If you want to find out how much you personally will need to retire, aretirement calculator can help. And if that calculator tells you you’re behind? An IRA is a good place to start catching up.More From NerdWalletSure, Stocks Are Fun. But ETFs Are SmartThe Upsides to Thinking About When You Will Die4 Tax Triggers New Investors Need to Know AboutAlana Benson is a writer at NerdWallet. Email: abenson@nerdwallet.com. 6422

This year is already one of the most active for Atlantic storms and hurricanes. Now, the National Weather Service says, as if 23 named storms were not enough, there is a “zombie tropical storm.”NWS tweeted about the phenomenon Tuesday morning. “Because 2020, we now have Zombie Tropical Storms. Welcome back to the land of the living, Tropical Storm Paulette.” 368

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