The real cost of air duct cleanings, Easiest ways to free up iPhone space

Warren Buffett is retiring. Learn how many times he outperformed the S&P and other interesting facts later in this email.

💵 Today’s Top Stories

Air Duct Cleaning: What Should It Cost and Do I Need It?

These tips from a certified expert can help you avoid falling prey to an air duct cleaning scam. Read more.

7 Easy Ways To Free Up Storage Space on Your iPhone

Is your iPhone storage always full? Read our story on how to free up space. Read more.

Can You Keep More Than $250,000 in a Bank and Get FDIC Insurance?

Clark recently warned listeners not to trust banks claiming you can get more than $250,000 in FDIC insurance. Is there a situation where it’s safe to keep more than that in one place? Read more.

5 Best Credit Card Bonuses and Recommendations in May

Some of Team Clark’s favorite credit cards are offering welcome bonuses and interesting rewards for new customers. Here are the details. Read more.

💻️ Tech Tip From Kim Komando

Butt out: Writing Tools is Apple’s AI that cleans up text in any app. If that creeps you out or it’s just annoying, switch it off. Open Settings > Screen Time > Content & Privacy Restrictions. Turn on Content & Privacy Restrictions, then tap Intelligence & Siri > Writing Tools > Don’t Allow. Heads-up, this only applies to iPhone 16 models, the iPhone 15 Pro and the iPhone 15 Pro Max.

For a limited time, Kim Komando is offering a giveaway for a chance to win $500 for you and $500 to gift to someone you choose (a friend, family member, local hero, or stranger in need). To enter, sign up for Kim’s free newsletters that have a 4.9/5 rating.

📈 Legendary Investor Warren Buffett Announces Retirement

The Oracle of Omaha is hanging up his investor’s hat as he nears 95 years old.

That’s right: Warren Buffett announced his retirement over the weekend, to be effective sometime later this year.

The Berkshire Hathaway chairman is stepping down as CEO, naming Greg Abel as his successor.

A high-volume reader and value investor who famously would only invest in companies he personally understood, Buffett leaves a legacy as one of the country’s best and most well-known investors.

Since 1964, Berkshire Hathaway’s return is greater than 5.5 million percent(!). A $1,000 investment in ’64 would be worth approximately $55 million today. For reference, the S&P 500 return during the same period was +39,000%.

In other words, Buffett outperformed the S&P 500 by more than 140 times with an average annual return near 20% for six decades.

After heavily selling Apple in recent years, the company now holds nearly $350 billion in cash.

📊 Stat of the Day

👷177,000: Jobs added to the U.S. economy in April. That’s more than the 133,000 expected in a Wall Street Journal poll of economists. The unemployment rate held steady at 4.2%. All eyes will be on the job market in coming months as the Fed continues to evaluate whether to cut interest rates.

💰️ Deal Alert: Today’s Top Deals

🎙️ Podcast

YouTube video by Clark Howard: Save More, Spend Less

Full Show: Hidden Spy Cameras Targeting Homes and Clark's Nonrefundable Hotel Room Warning

Criminals are now using hidden cameras to case homes before burglarizing them! Clark explains this alarming new tactic and what you need to look out for. Also, hotel rooms lure you in with cheap, nonrefundable rooms. Clark shares why this is dangerous to your wallet!

Watch the Full Episode

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.