In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to collective bargaining talks between the union and Detroit automakers following more than six weeks of targeted U.S. labor strikes, sources told CNBC. GM is the final
Month: October 2023
Bitcoin, the world’s largest cryptocurrency, has been stealthily rising in 2023. Chris Ratcliffe | Bloomberg | Getty Images The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will look to bring in formal legislation for crypto activities by 2024. The government published its response to
E+ Despite inflation concerns, most middle-income Americans still aren’t leveraging higher interest rates for savings. That’s according to a new Santander survey of roughly 2,200 middle-earning U.S. adults, conducted in early September. Some 64% of middle-income Americans are earning less than 3% on their primary savings account, the findings show. By comparison, the top 1%
Thomas Barwick When it comes to Social Security, many people have one question: “Will my benefits be there when I retire?” Fears that the program could run out of money tempt some people to claim benefits as early as possible to get back the funds they have paid into the program for their retirement. Meanwhile,
Every community has social pressures that may cause an individual to make bad financial decisions. This is true regardless of religion, race, sexual orientation, citizenship and so forth. The Orthodox Jewish community is no different in this regard. A loose definition of Orthodox Judaism is Jews who observe a kosher diet and the Sabbath. This
The Republican struggle to choose a speaker for the House has looked a lot like an ideological battle, pitting archconservatives against relative moderates in the GOP caucus. But in fact, it’s also a fight about governance, and especially the return to intransigence. “What’s also going on is a split over whether Republicans should try to
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Mich. after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT —The United Auto Workers union and Stellantis have agreed to a tentative deal
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s restaurant is seen in Belmont, California, on April 3, 2023. Tayfun Coskun | Anadolu Agency | Getty Images McDonald’s is expected to report its third-quarter earnings before the bell Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are
Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year. Europe largest bank by assets also saw profit before tax for the quarter rise by $4.5 billion to
There are signs that China’s economic stumbles are starting to stabilize. But looking at quarterly numbers and commentary from multinational companies doing business there, the road back for the world’s second-largest economy remains uneven. This paints a fuzzy picture for our stocks that generate lots of revenue in China — Estee Lauder (EL), Starbucks (SBUX) and Wynn Resorts
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes
In this article WBA CVS Follow your favorite stocksCREATE FREE ACCOUNT A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out next week in the latest pushback against what they
Mark Cuban may have made his billions as an entrepreneur and investor — but he’s received some of his best advice from athletes. One of his favorite mantras comes from Basketball Hall of Famer Dirk Nowitzki, Cuban told GQ last month: “How you do anything is how you do everything.” It’s powerful, Cuban explained, because
President Joe Biden delivers remarks on new efforts to cancel student loan debt at the White House on Oct. 4, 2023. Kevin Dietsch | Getty Images President Joe Biden’s plans to cancel up to $400 billion in student debt for tens of millions of Americans were foiled over the summer at the Supreme Court. Still,
Across the financial landscape—the industry, the media, the blogosphere, the DIY community—virtually all attention is paid to attaining and sustaining wealth. You’ll find more than you’ll ever need or want on saving, investing, and insuring, but then what? It seems the presumption is that once you hit your number, or someone else’s, the game is
Considering how soon Halloween comes after October 15 (October 16 in 2023), the extended due date for individual returns, having a tax horror story now seems really appropriate. The horror story came out on October 24 with the Eleventh Circuit decision in the case of Lee v US. Dr. Wayne Lee seemed to have done
Shoppers walks past advertisements on the opening day of fast fashion e-commerce giant Shein, which is hosting a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario Thursday, Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images Shein is deepening its relationship with a former U.S. rival
In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT Merck headquarters in Rahway, New Jersey, on Tuesday, April 18, 2023. Christopher Occhicone | Bloomberg | Getty Images Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations on strong sales of its blockbuster cancer drug Keytruda, HPV vaccine Gardasil and surprisingly, its
In this article TSLA SLB AMZN NVDA NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is seen on a TV remote controller in this illustration taken Jan. 20, 2022. Dado Ruvic | Reuters As the earnings season rolls on, investors are getting a glimpse into how companies are handling an array of macro
If you’re making $120,000 per year, saving $1 million for retirement might seem out of reach. But with a little dedication and the right timing, it’s certainly possible — if you stick to a clear plan. As a rule of thumb, most financial advisors suggest that you save 10% to 15% of your salary for
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