In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s
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The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023. Justin Sullivan | Getty Images There’s finally a winner for the massive Mega Millions jackpot — but the lucky ticketholder may face unexpected pitfalls, experts say. A single ticket sold in Florida matched all six numbers on Tuesday night, marking the
In this article LYFT PENN AXON DKNG Follow your favorite stocksCREATE FREE ACCOUNT Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Check out the companies making headlines before the bell Wednesday. WeWork — The stock plunged 25.7% after WeWork said in an SEC filing that there’s doubt about the company’s ability to keep
In this article DIS PENN Follow your favorite stocksCREATE FREE ACCOUNT SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images Disney‘s ESPN is launching a betting sportsbook, putting the sports entertainment unit deeper into the wagering world. U.S. gambling company Penn Entertainment said it is partnering with ESPN to rebrand
Collectively, Americans now owe more than $1 trillion on credit cards. Total credit card debt rose nearly 5%, or roughly $45 billion, in the second quarter to a new high of $1.03 trillion, according to a new report on household debtfrom the Federal Reserve Bank of New York. Although delinquency rates are still low by
In this article PTON ABT Follow your favorite stocksCREATE FREE ACCOUNT Google Headquarters is seen in Mountain View, California, United States on May 15, 2023. Tayfun Coskun | Anadolu Agency | Getty Images It is a combination that is likely to be highly appealing to many workers: the option to work from home and to
Sollina Images | Tetra Images | Getty Images After more than a year of gloomy forecasts for the U.S. economy, some experts have backed off recession predictions and embraced the soft landing targeted by the Federal Reserve. These shifts have sparked conversations among financial advisors and their clients, who may have varying levels of optimism
In this article HUM Follow your favorite stocksCREATE FREE ACCOUNT A Humana office in Louisville, Kentucky, July 31, 2023. Jon Cherry | Bloomberg | Getty Images Humana shares rose Wednesday after the health insurer said medical costs came in lower than expected during its second-quarter earnings report. The results ease investor concerns two months after
In this article GM MSFT SPOT META DPZ Follow your favorite stocksCREATE FREE ACCOUNT The Spotify logo on the New York Stock Exchange, April 3, 2018. Lucas Jackson | Reuters With markets facing pressure at least in the short term, investors should try to build a portfolio of stocks that can weather the storm and
dowell | Moment | Getty Images After another interest rate hike from the Federal Reserve, investors have several competitive options for cash, including money market funds, with yields currently above 5%. But there are tradeoffs to consider, experts warn. Money market funds — which are different than money market deposit accounts — are a type
While ETFs holding stocks such as Microsoft, Tesla and Meta Platforms have outperformed this year, there are other ways to play the artificial intelligence trade beyond familiar Big Tech names. For those who want to ride the AI rally while still diversifying their portfolio beyond the tech sector, there are other fields benefiting indirectly from
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are
Peopleimages | E+ | Getty Images The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and individual wealth. But is the system falling short in its primary goal of achieving a secure retirement for all Americans? related investing news Fitch downgrade of long-term U.S. debt
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance
When it comes to luxury spending, billionaire Mark Cuban draws the line at yachts, butlers and house cleaning services. “I just try to be the same person, I mean, as I was when I was poor, middle and rich,” Cuban, 65, told “The Really Good Podcast” on Thursday. “The whole idea of like, get a
In this article OPEN TUP FTNT Follow your favorite stocksCREATE FREE ACCOUNT An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier |
In this article MAR LUV JBLU ULCC Follow your favorite stocksCREATE FREE ACCOUNT Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022. Guglielmo Mangiapane | Reuters The competition for travel dollars is heating up, and the
Darya Komarova | Moment | Getty Images TikTok users are getting a look at their future selves, thanks to a new “aged” filter that’s gone viral on the social media platform. The filter gives users a hyper-realistic visual by mimicking skin and facial changes that happen with age. “This is wildly realistic!” exclaimed one user
In this article EVGO Follow your favorite stocksCREATE FREE ACCOUNT A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its
Valentinrussanov | E+ | Getty Images The IRS has unveiled plans to offer digital correspondence for the 2024 tax season, building on the agency’s decade-long overhaul of improved service, technology and compliance. By 2025, the agency aims to achieve “paperless processing” for tax returns and so-called information returns, used by employers and financial institutions. related
HSBC’s U.K. headquarters are seen at the Canary Wharf financial district of London on July 31, 2018. Tolga Akmen | AFP | Getty Images LONDON — HSBC CEO Noel Quinn said Tuesday that the lender would not “exit a client based on their lawful personal views,” after Coutts’ termination of Brexit figurehead Nigel Farage’s account
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto | Getty Images Starbucks on Tuesday reported quarterly earnings that beat analysts’ expectations, but its same-store
Downtown Los Angeles. TheCrimsonRibbon | Getty Images Americans are feeling the pinch from the high cost of single-family rentals, despite only slight year-over-year growth, according to a new report. Rental prices shot up during the pandemic. They are likely to remain high, with many Americans hesitant to purchase new homes amid soaring mortgage interest rates,
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi addresses the audience during the keynote at the start an Uber products launch in San Francisco, California on September 26, 2019. Philip Pacheco | Afp | Getty Images Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results
In this article IBM MS Follow your favorite stocksCREATE FREE ACCOUNT Scott Mlyn | CNBC While many growth stocks have recovered this year, investors continue to look for attractive dividend picks that can offer steady income and the potential for long-term capital appreciation. Here are five dividend stocks worth considering, according to Wall Street’s top
The Mega Millions jackpot soared to $1.05 billion on July 31, 2023. Shannon Stapleton | Reuters The Mega Millions jackpot has soared to more than $1 billion for the fifth time in the game’s history. Currently, the 30-year annuitized payout is worth $1.05 billion, Mega Millions’ fourth-largest prize to date. Winners may also choose the
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for the real thing due its vulnerability to big losses. “Volatility does not back up any claims for crypto to be a long-term strategic asset as
In this article MA V Follow your favorite stocksCREATE FREE ACCOUNT Visa Inc. and Mastercard Inc. credit cards are arranged for a photograph in Tiskilwa, Illinois, U.S. Daniel Acker | Bloomberg | Getty Images A bipartisan push in Washington to clamp down on credit card fees is pitting retailers against network payment processors — and
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters Scrutiny of a pandemic-era tax credit intensified this week as lawmakers, the IRS and tax professionals sought solutions for the wave of small businesses that wrongly claimed the tax break. The employee retention credit, or ERC,
In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake | Reuters Procter & Gamble reported its quarterly earnings before the bell Friday. Here’s what the company reported compared with what Wall Street was expecting, based on a survey
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