JGI/Jamie Grill Cold, hard cash could be going by the wayside for many Americans when it comes to routine transactions like paying for groceries or gas. Even so, it’s still important to keep some cash in your wallet, experts say. The cashless economy trend is not necessarily new, but it is gaining momentum, according to
Month: October 2022
Investors have recently witnessed some of the worst trading days since 2020. Stocks took a dive in September over fears the Federal Reserve’s aggressive rate hike cycle will cause the economy to stall, but with more hikes to come, along with slowing growth, geopolitical unrest and persistent inflationary pressure, this could be a prolonged period
Melinda French Gates wants to shake up the tech industry, starting in Silicon Valley. The billionaire philanthropist told Fortune this week that the goal of her venture capital firm Pivotal Ventures isn’t simply to get more women into major companies. Instead, she wants to help foster an entirely new community of women-led startups that can
JGI | Jamie Grill | Blend Images | Getty 401(k) plans hold a whopping $7.7 trillion in retirement savings. But cash-outs of small accounts pull billions from the system each year and can harm investors’ chances of a secure retirement, research shows. A trio of the industry’s largest 401(k) administrators — Fidelity Investments, Vanguard Group
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who joined Showtime in 2010 and has run the premium network since 2016, is leaving the company at the end of the year. Along with his
Increasingly, high school students are rethinking the value of college, with a growing number of them questioning the return on investment. Some have decided against a four-year degree. To be sure, undergraduate enrollment was falling even before the pandemic, but remote learning — coupled with the sky-high cost of college — triggered a nosedive. The
Investors are rightfully worried about volatility. After stocks slumped in September, markets have had a strong start to the month and are now on track to notch the biggest two-day rally since March 2020. The key to navigating the recent ups and downs is “buying high quality stocks that pay dividends that tend to be a
An oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The compound, called La Dune, is likely to be used as a summer home and draws from a tiny pool of buyers, probably billionaires, who could afford
In this article PINS CAG PTON COMP TWTR SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock added 2% in the premarket after it reported better-than-expected quarterly profit and sales. Conagra also reaffirmed its full-year guidance. Peloton (PTON) – Peloton slid
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness
Terry Crews, actor, former NFL player, and the host of Netflix’s upcoming show, “Ultimate Beastmaster,” discusses the workout routine he follows every day to stay in shape. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the US.
One of the biggest credit card misconceptions is that carrying a balance month to month will give your credit score a boost. To that point, 46% of Americans incorrectly believe that leaving a small balance on their card is better for their credit score than paying off the balance each month, a recent NerdWallet study
fitzkes / Getty If you’re looking to meet the Oct. 17 tax extension deadline, make sure you don’t skip key forms as you’re rushing to the finish line, experts say. It’s critical to file a complete and accurate return to avoid processing delays, according to the IRS, including details from all the necessary forms. Furthermore,
Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance Committee hearing. Tom Williams | Pool | Reuters Senate Finance Committee Chairman Ron Wyden, D-Ore., has outlined five priorities for the nearly $80 billion in IRS funding enacted in August through the Inflation Reduction Act. Wyden shared expectations for
In this article GS CCL TWTR ENPH Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesla fell 3.5% after a Tuesday filing confirmed that
SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of crewed missions. Known as Crew-5, the mission for NASA will bring the group up to the ISS for a six-month stay in orbit. The mission is SpaceX’s fifth operational crew launch for
George S. Farra (far left), co-founder and principal of Woodley Farra, and the team at Indianapolis-based financial advisory firm, which comes in at No. 1 on the CNBC FA 100 list for 2022. Portfolio manager George S. Farra is good at remembering his mistakes. More than a decade ago, he invested his clients in Hewlett-Packard,
Marko Geber | DigitalVision | Getty Images In times of uncertainty — turbulent markets, high inflation, geopolitical turmoil — we often write about what financial advisors are recommending to clients. This advice often boils down to “stay calm” and “don’t let short-term news lead to impulsive moves that have long-term consequences.” Many advisors also offer
Zoom In IconArrows pointing outwards TreasuryDirect With record demand for Series I bonds, an inflation-protected and nearly risk-free asset, the U.S. Department of the Treasury has unveiled a front-end makeover for TreasuryDirect, the online platform investors use to buy assets. While the Treasury still plans future system upgrades, Tuesday’s revamp focuses on website navigation, more concise information and
In this article F GM TSLA DAL AAL RIVN GILD TWTR Follow your favorite stocksCREATE FREE ACCOUNT Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streaming media, and it revolves around bundling. There’s a consistent drumbeat of expectation that streaming services will eventually all bundle
Renowned astrophysicist and StarTalk Radio host Neil deGrasse Tyson has some pretty wild ideas for how we should improve the human body, but he turns serious as he explains how we should appreciate the fragility and finiteness of life. ————————- Produced by Kamelia Angelova, William Wei, & Alana Kakoyiannis ————————- Music: “A Jazz Song” by
A primary election voter enters a Tampa, Florida, polling place on Aug. 23, 2022. Octavio Jones | Getty Images Most women ages 50 and up plan to vote in this November’s midterm elections, but half of them have not decided which candidates they will vote for, a new AARP poll finds. One key issue they
Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial advisor will
The Federal Reserve’s aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities if they keep up their action, and not just
The idea of bidding against the second-richest person in the world is understandably intimidating, even if you’re legendary former NBA big man Shaquille O’Neal. O’Neal, a 7-foot-1 Hall of Famer, says Bezos’ massive net worth “scared” him away from his plans to make a bid for ownership of the NBA’s Phoenix Suns. “Nobody on this
Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings, a barometer of employers’ demand for workers, saw a near-record monthly decline in August. Openings fell by 1.1 million to 10.1 million, according to U.S. Department
Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall too steeply. The sharp rise in mortgage rates over the past several months has made housing more expensive for anyone needing
The tens of millions of Americans who’ve been celebrating news of student loan forgiveness are now stuck in limbo as Republicans mount legal challenges to the Biden administration’s plan. In August, President Joe Biden announced that most federal student loan borrowers will be eligible for some forgiveness: up to $10,000 if they didn’t receive a Pell Grant,
Kim Kardashian’s crypto settlement could be a lesson for us all. The reality TV superstar agreed to pay $1.26 million to settle charges with the Securities and Exchange Commission for failing to disclose she got paid to publish a post on Instagram about EthereumMax’s crypto asset, the agency announced Monday. “Clearly the SEC is making an