The Daily Money: Catalytic converter theft jumps; stock market volatility poses questions for retirees

This post was originally published on this site

Good morning, it’s Nathan wishing you a happy Wednesday!

🔥 Have you noticed a visible haze in the sky on the East Coast over the last few days? That’s smoke drifting over from wildfires in the West

On to our … 

💡 INSIGHT OF THE DAY: Catalytic converter theft is soaring. I was shocked when I dug into the numbers for this story on how thieves are capitalizing on a huge spike in rare-metal prices. Check out this photo of 87 stolen catalytic converters recently recovered by the Torrance, California police department.

How can you protect yourself? Don’t park outside if you have access to a secure indoor space. And try to avoid poorly lit spots no matter where you go. Here are additional tips on how to avoid catalytic converter theft.

📰 And here are more stories you won’t want to miss:

1. The volatility in the stock market has been a little hard to stomach this week. Should retirees get out altogether?

2. Should you close that credit card account? First, assess the fallout for your credit score

3. Is “Zoom fatigue” settling in for you? Zoom is rolling out apps intended to help.

4. Is retail theft getting worse? Stores in cities like San Francisco say they are facing a crisis.

–@NathanBomey

2021-07-21T14:23:10Z