On Wednesday April 12th, NPR announced that it will quit Twitter. It will take down all 52 of its Twitter accounts. Why? Because Twitter has taken the label it uses for state-manipulated propaganda channels like Russia’s Russia Today and China’s CCTV—“state affiliated media”– and has applied it to NPR. Implying that NPR is a puppet
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In the early morning of Wednesday, March 22nd, China’s dictator for life Xi Jinping left Moscow after three days of meetings with Vladimir Putin. The get-together was calculated to be a move in the step-by-step process of replacing America as the leader of the global order. Replacing America with, you guessed it, China. And with
In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Customer shaking hands with car salesman buying a car Fg Trade | E+ | Getty Images Several considerations go into selecting a financial advisory firm, especially if you are in your prime working years and have plenty of time left before you retire. For one,
A branch of Swiss banking giant Credit Suisse behind a window under the rain, in Basel. (Photo by FABRICE COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images Credit Suisse shares soared over 30% at Thursday’s market open after the bank said it will borrow up to
In this article VORB Follow your favorite stocksCREATE FREE ACCOUNT Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit is furloughing nearly
miodrag ignjatovic | E+ | Getty Images Some Medicare beneficiaries will begin paying less next month for 27 prescription drugs whose prices have increased at a rate that outpaces inflation, government officials announced Wednesday. Depending on their individual coverage, beneficiaries could save between $2 and $390 per average dose for these drugs starting April 1,
In this article GTLB Follow your favorite stocksCREATE FREE ACCOUNT People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq GitLab shares plunged as much as 38% in extended trading after the provider of source code management software gave full-year revenue guidance that fell short of expectations. Here’s how the company did:
In this article SCHW Follow your favorite stocksCREATE FREE ACCOUNT Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC Longtime investor Ron Baron said he bought the dip in Charles Schwab during Monday’s double-digit sell-off, CNBC’s Becky Quick reported. The 79-year-old investor said he “modestly increased” his position in the financial name, seeing Monday’s
1. “The Millionaire Next Door: Surprising Secrets of America’s Wealthy” By Dr. Thomas Stanley The late Thomas Stanley collected years of data about millionaire lifestyles. He found that they don’t all inherit their wealth or own mansions. Instead, they live modestly while accumulating their wealth. This book was originally published in 1996, but the basic
Allan Baxter | Photolibrary | Getty Images Asia-Pacific’s leading index erased its year-to-date gains and is now flat in 2023 as bank stocks led declines Tuesday. The MSCI Asia Pacific index hit a low of 155.44 in afternoon trade – marking a decline of more than a 9% from its Feb. 2 high of 171.26
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage
In this article SBNY Follow your favorite stocksCREATE FREE ACCOUNT A man walks by the headquarters of Silicon Valley Bank on March 10, 2023 in Santa Clara, California. Liu Guanguan | Getty Images The unexpected shutdowns of Silicon Valley Bank and Signature Bank have prompted new questions about the level of protection for bank deposits
In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT People walk by the Gap retail store in Century City on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images Gap reported disappointing holiday-quarter results Thursday and announced a series of executive changes as the struggling retailer continues to search for a
In this article ZS HIBB SNOW GRMN CRM Follow your favorite stocksCREATE FREE ACCOUNT Clifton Pemble, President and CEO, Garmin at the NYSE December 7, 2021. Source: NYSE Investors have no shortage of worries, be it the economy slipping into a recession due to higher interest rates or the havoc that whiplashed financial stocks last
Grady Hendrix Albert Mitchell After Louise’s parents unexpectedly die in a car accident, she returns home to Charleston, where her plans to get her childhood home ready for sale are soon complicated. There’s her parents’ endless stuff, including the hundreds of dolls her mother owned. There’s her estranged brother, Matt, trying to cheat her out
In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing can resume deliveries of its 787 Dreamliners as early as next week, the Federal Aviation Administration said
In this article WU Follow your favorite stocksCREATE FREE ACCOUNT The author in Argentinian Patagonia in February 2023. Here, the Spegazzini Glacier cascades into Lago Argentino, the third largest lake in South America. Waiting in an hourlong line at a Western Union wasn’t on my initial itinerary when planning a recent trip to Argentina. Yet
Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped nearly 5% after the enterprise tech giant reported its financial results for its 2023 fiscal third quarter. Here’s how the company
In this article SI SBNY Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange stands in lower Manhattan after global stocks fell as concerns mount that rising inflation will prompt central banks to tighten monetary policy on May 11, 2021 in New York City. By mid afternoon the tech-heavy Nasdaq Composite had lost
“For women, legacy often means more than passing wealth down to the next generation; it also means being capable of positively impacting the lives of others,” Marianna Mamou, head of “advice beyond investing” at UBS Global Wealth Management, told CNBC Make It. Paul Bradbury | Ojo Images | Getty Images Men and women have very
In this article SIVB ZUMZ MTN GPS DOCU ULTA ORCL Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration of the TradingView stock market chart of SVB Financial Group seen displayed on a smartphone with the SVB Financial Group logo in the background. Igor Golovniov | Lightrocket | Getty Images Check out the companies
In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Norfolk Southern Corporation President and CEO, Alan Shaw, testifies before a US Senate Committee on Environment and Public Works hearing on the environmental and public health threats from the Norfolk Southern February 3 train derailment, on March 9, 2023, in Washington, DC. Brendan Smialowski |
More consumers are leaning on credit cards to afford increasingly expensive necessities such as food and rent. That helped propel total credit card debt to a record $930.6 billion at the end of 2022, an 18.5% spike from a year earlier, according to the latest quarterly report by TransUnion. The average balance rose to $5,805
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas on Wednesday reported a big fourth-quarter loss and slashed its dividend after the costly termination of its partnership with Kanye West’s Yeezy brand in
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2023. Brendan Mcdermid | Reuters The latest spike in bond yields was enough to spook the stock market into a sell-off Tuesday, but there’s a silver lining for fixed income investors: Short-term Treasurys are now touting
Getty Images Moving in retirement can unlock a big pot of money to help fund those post-work years. In 2019, the typical homeowner age 60 or older who sold their home and relocated to a cheaper housing market accessed nearly $100,000 in home equity, according to new research published by Vanguard Group. The typical person
Warren Buffett Gerard Miller | CNBC Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening. The Omaha-based conglomerate bought nearly 5.8 million shares of the oil company in a few separate trades on Friday, Monday and Tuesday, paying prices in the
In this article BKSY Follow your favorite stocksCREATE FREE ACCOUNT BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses and securing an additional military contract. “2022 was a foundational year for BlackSky,” CEO Brian O’Toole said in
In this article DKS Follow your favorite stocksCREATE FREE ACCOUNT A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday-quarter results that beat Wall Street’s expectations, citing a sales boost from the gift-giving season even with
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