logo
Skip the Pricey Galaxy S25, This Galaxy A16 Is Practically Free for Back to School on Amazon

Skip the Pricey Galaxy S25, This Galaxy A16 Is Practically Free for Back to School on Amazon

Gizmodo3 days ago
Samsung's brand of industry-leading innovation is developed around its high-end Galaxy S25 Series and fresh foldable phones like the Galaxy Z Fold 7 and Z Flip 7, but it's the budget-friendly A Series that drives the most sales.
The newest in this line is the Galaxy A16 5G and it's currently very popular for early Back to School season: On Amazon, the unlocked Galaxy A16 5G is now just $142, down from $199, and it makes it the most affordable way to own a brand-new Samsung smartphone.
See at Amazon
Its expansive 6.7-inch AMOLED display delivers a 1880 x 2340 resolution, and produces images that look sharp, vibrant and lifelike. AMOLED panels from Samsung are known for deep contrasts and vivid colors and make everyday use genuinely enjoyable while reducing eye strain (even outdoors).
Camera features on the Galaxy A16 5G go beyond what you'd find on a phone at its cost: The device has a triple-camera rear configuration which allows you to capture expansive vistas, group shots, and close-ups with clear details. The primary sensor creates high-res photos with sharp definition. Dedicated macro and depth lenses allow more creativity by constricting focus on objects in front and adding natural background blur to portraits. The camera app itself boasts options like night mode for dark places, live filters and AI optimization.
Powered by a long-lasting battery, the Galaxy A16 5G can go for more than a day on a single charge despite heavy social media, video call, streaming and gaming use. When you're late, the super-fast charging technology enables you to recover hours of usage within just minutes. Plug in briefly before heading out and you'll have enough power. I
Performance is smooth and unified thanks to the 2.4GHz processor and 4GB of RAM running Android 14 with Samsung's updated One UI. You won't have a problem switching between apps or handling everyday productivity activities. Storage is a generous 128GB and you won't need to delete old photos or apps anytime soon. If you ever do run out of storage, the microSD card slot gives you the option to add storage on an as-needed basis.
Durability rounds out the package with an IP54 rating so splashes, dust, and bumps are far less of a concern. The phone is robust in the hand and ready for the normal dangers of life. Security and longevity are supported by a six-year promise of OS and security updates which is a first for this category.
The Galaxy A16 5G at this price is a smart purchase, make sure you don't miss it.
See at Amazon
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements
Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

Yahoo

time3 minutes ago

  • Yahoo

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and said regulators should consider scrapping a "flawed," Biden-era proposal for a dual capital requirement structure for banks. Speaking at the start of a Federal Reserve regulatory conference, Bessent said excessive capitalization requirements were imposing unnecessary burdens on financial institutions, reducing lending, hurting growth and distorting markets by driving lending to the non-bank sector. "We need deeper reforms rooted in a long-term blueprint for innovation, financial stability, and resilient growth," Bessent said in prepared remarks. The Trump administration is pursuing a broad reform agenda aimed at cutting rules governing financial institutions, including capital requirements, arguing that such actions will boost economic growth and unleash innovation. Bessent said regulators have for too long pursued a "reactionary approach" that has weakened competitiveness and led to byzantine regulations. The Treasury chief, who earlier on Monday called on the Fed to review its operations to safeguard its monetary policy independence, said the Treasury would take a stronger role in driving reform efforts by regulators, including the Fed. "To that end, the department will break through policy inertia, settle turf battles, drive consensus, and motivate action to ensure no single regulator holds up reform," Bessent said of the Treasury. REDUCING CAPITAL REQUIREMENTS Banking regulators should consider abandoning the dual structure proposed in July 2023, but never enacted, that would have seen banks comply with the higher of two different methods of measuring their risk capital requirements. The proposal, which came after the high-profile failure of Silicon Valley Bank and other institutions in 2023, would have significantly increased the amount of capital banks needed to set aside for potential losses. It drew intense opposition from the industry. "This dual-requirement structure did not derive from a principled calibration methodology. It was motivated simply to reverse-engineer higher and higher capital aggregates," Bessent said. "It also was at odds with capital reform as a modernization project because it would have preserved the antiquated capital requirements as the binding floor for many, perhaps most, large banks." Bessent also called for regulatory capital relief not just for large banks but also at the smaller, community bank level. One solution, he said, would be to allow any bank not subject to modernized capital requirements a choice to opt in. "This would result in a meaningful reduction in capital for those banks," Bessent added. While he said Treasury would prioritize financial regulatory policy that puts American workers first and prioritizes growth, he said regulators needed to carry out statutory mandates for financial safety and stability and consumer protection. "Rationalizing and tailoring regulation does not have to amount to regulatory weakening," Bessent said.

Grant Cardone Explains Why The 401(k) Is 'The Biggest Scam' In Finance
Grant Cardone Explains Why The 401(k) Is 'The Biggest Scam' In Finance

Yahoo

time3 minutes ago

  • Yahoo

Grant Cardone Explains Why The 401(k) Is 'The Biggest Scam' In Finance

Financial personality Grant Cardone has shared a bunch of hot takes throughout his career, including his latest tidbit about 401(k) and IRA plans. He refers to these retirement accounts as "the biggest scam" in finance. Cardone is bound to get some resistance since these accounts have been touted as valuable investment vehicles for many years. However, Cardone expands on his argument in a way that will leave some people considering alternative strategies to save money for retirement. Don't Miss: —with up to 120% bonus shares—before this Uber-style disruption hits the public markets $100k+ in investable assets? – no cost, no obligation. You Can't Get Out Cardone asserts that retirement plans make you a prisoner to the bank since you can't withdraw your money at any time. You must be at least 59 ½ years old before you can make penalty-free withdrawals. Some people would benefit a lot more if they could access the same money sooner. Cardone also mentions that there's a lot of friction on your way out. You will have to pay income taxes on any withdrawals you make from a traditional retirement account. The tax rates can get quite high depending on where you live. Most people know that if you avoid taxes on retirement account contributions, you will have to pay taxes when you make withdrawals. The opposite applies to Roth retirement accounts. These accounts tax you on the way in, but you don't pay any taxes on withdrawals, capital gains, or dividends. You also have to make required minimum distributions, which the IRS defines, in case you get any ideas about hoarding money in your retirement accounts to prolong your tax payments. The IRS only has RMDs in place for traditional retirement accounts. Roth accounts get a free pass from this rule. Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — You Don't Know Which Companies Are Receiving Your Money Retirement accounts typically let you choose from some funds, but most investors do not know what they are funding. Cardone explains that your retirement account may be funding big pharma, military campaigns, and other initiatives that you may not support. Large corporations often rely on investors to remain solvent and fund new projects. Your money may be going to shady organizations if you stick it in a fund without reviewing the holdings. There's also the risk of losing money in your retirement account due to administrative fees. Some 401(k) providers charge admin fees that are close to 2%, and that doesn't even include a fund's expense ratio. These fees can eat up all of your profits and result in a net loss in your 401(k) plan. That doesn't even include the amount you'll have to pay in taxes once you are ready to withdraw your Estate Is A Tax Haven Unsurprisingly, Cardone mentioned real estate as a viable solution to retirement accounts. You can use leverage to get real estate sooner and generate monthly cash flow from your property. Real estate comes with a bunch of write-offs that you won't find with other investments. It's important to remember that real estate requires a lot of work, especially if you get started with a bunch of single-family homes. You will have to handle phone calls, regularly check properties, deal with various issues like leaks and mold, make property repairs, and do a bunch of other things. Real estate gets easier if you can invest in apartment buildings since all of the units are located in the same place. Real estate is not for everyone, but the people who master this asset can unlock some of the best tax advantages in the entire tax code. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Grant Cardone Explains Why The 401(k) Is 'The Biggest Scam' In Finance originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Bloomberg Daybreak Asia: US Rally Wanes Ahead of Tech Earnings; Japanese Shares Rise
Bloomberg Daybreak Asia: US Rally Wanes Ahead of Tech Earnings; Japanese Shares Rise

Bloomberg

time5 minutes ago

  • Bloomberg

Bloomberg Daybreak Asia: US Rally Wanes Ahead of Tech Earnings; Japanese Shares Rise

The start of a busy week for Corporate America saw stocks giving up most of their gains, with traders looking for signs of resilience in earnings amid tariff risks. Treasury yields fell alongside the dollar. While the S&P 500 closed above 6,300 for the first time, the gauge rose just 0.1%. Energy shares joined a decline in oil. Chipmakers almost erased their advance as Nvidia Corp. slipped. Fellow megacaps Tesla Inc. and Alphabet Inc. will kick off the group's earnings season this week. The stakes will again be high as investors look for updates on artificial-intelligence spending. We break down the day's price action with Ed Butowsky, Managing Partner at Chapwood Investments. Plus - shares in Tokyo gained 1% as trading resumed after a public holiday Monday. The MSCI regional stock gauge advanced 0.3% in early trading. Market participants are focused on the performance of Japanese markets as investors weigh policy uncertainty after the ruling Liberal Democratic Party's historic loss in Sunday's elections. For a closer look, we hear from Sean Darby, Managing Director at Mizuho Securities Asia. He speaks with Bloomberg's Shery Ahn and Paul Allen on The Asia Trade.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store