Plus, why higher airfare may be here to stay
| |
|
| May 4, 2026 |
|
|
| |
|
|
| 5 Lessons from the ‘Frugal Rich’ |
|
|
By Sarah Chacko
The Wall Street Journal recently highlighted a notable shift among higher-earning Americans: They’re getting thriftier. While they still view a spa vacation or elegant jewelry as worth the expense, a growing share are opting for off-brand essentials and dollar-store bargains.
What can we learn from this mindset of strategic skimping? Here are five takeaways for all of us — no matter how much we make. |
|
|
|
|
| |
|
|
“The longer consumers pay these prices and airlines get used to this revenue stream, the more likely it is (to hold).”
— Scott Kirby, CEO of United Airlines |
Travelers hoping the recent increase in airfare is temporary could be disappointed. Kirby and other airline CEOs are already signaling that they plan to keep ticket prices where they are — even if the price of jet fuel starts to recover, according to press reports.
TL;DR: The burden could stay on you to find ways to cut costs. Here are some strategies for keeping your summer vacation affordable. |
|
|
| |
| WEEK AHEAD ON WALL STREET |
|
|
| April Jobs Data and More Earnings |
|
|
By Mario Ismailanji
Wall Street might be nursing a bit of a data hangover after last week’s bonanza of mega-cap tech earnings (not to mention the Federal Reserve’s final rate meeting under Jerome Powell.) But in financial markets, there’s no rest for the investor.
- The news: The corporate earnings calendar takes a breather and the spotlight shifts to Friday's release of the April employment report.
- The context: With the war in Iran raising oil prices, inflation fears are back. The question is whether the job market is holding up. If it is, the Fed could keep rates high to fight off new inflation pressures.
- Your move: If the labor market is heating up — enabling the Fed to focus on inflationary pressures — be prepared for some turbulence in interest-rate-sensitive assets like bonds and growth stocks. Conversely, pressure in the job market could offer a buying opportunity in those same areas as rate-cut hopes revive.
|
|
|
|
|
|
| |
|
|
| The Billion-Dollar Odds |
|
|
| Out of 30 companies in any given venture capital fund, only one or two will ever be worth a billion dollars. Venture capitalist Alexa von Tobel, managing partner of Inspired Capital, tells SoFi’s Liz Thomas why that model works. |
|
|
|
|
| |
|
|
|
Informed investment decisions start with informed investors. Here's what's making headlines:
|
|
|
| |
|
|
| AI Took Your Job. Should You Use It to Find Your Next One? |
| Artificial intelligence is transforming things everywhere you turn, and we’re only beginning to understand the risks and rewards. If you’re one of the vast majority of job seekers using AI to find work, you might be unwittingly sabotaging yourself. Career coaches share when these tools are helpful — and when you should avoid them. |
|
|
|
|
| |
|
|
 |
| These five jobs are AI-proof. (MarketWatch) |
|
|
|
|
|
|
| |
|
|
 |
| Would you tell your BFF about your credit card debt? Here’s why keeping it a secret could be making it worse. (Marketplace) |
|
|
|
|
|
|
| |
|
|
|
|
| More Americans are using apps to copy the stock trades of politicians and well‑known investors. (CBS News) |
|
|
|
|
|
|
| |
|
|
| Intel, insights, and inspo for your money. |
| On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what’s important in this moment — and how it impacts your bottom line. We value your trust above all. |
|
|
|
|
|
|
| |
| Did you find today’s newsletter valuable? |
|
|
|
|
|
|
|
|
|
| INVESTMENTS AND DIGITAL ASSETS ARE NOT FDIC INSURED ‑ ARE NOT BANK GUARANTEED ‑ MAY LOSE VALUE |
|
SoFi Checking and Savings accounts are offered by SoFi Bank, N.A., Member FDIC.
SoFi Credit Cards are issued by SoFi Bank, N.A. pursuant to license by Mastercard® International Incorporated.
Sofi Crypto products and services are offered by SoFi Bank, N.A.
Loans originated by SoFi Bank, N.A., NMLS #696891 (www.nmlsconsumeraccess.org). Equal Housing Lender.
Brokerage products offered through SoFi Securities LLC, member FINRA/SIPC.
Advisory services are offered through SoFi Wealth LLC, an SEC-registered investment adviser. Information as of May 2026 and is subject to change. Screen images simulated. [3930896]
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more.
Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.
The information provided is general in nature and shouldn't be construed as a recommendation or solicitation of any products offered by SoFi's affiliates and subsidiaries. Additionally, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset.
SoFi Technologies, Inc. values your privacy and the security of your personal information so please do not include sensitive personal information, such as your Social Security number, in any email or letter that you send to us.
SoFi Technologies, Inc. 234 1st St., San Francisco, CA 94105
Unsubscribe | Privacy Policy | Licenses
© 2026 SoFi Technologies, Inc. All rights reserved. [3930896]
w: 20260504 |
|
|
|
No comments: