In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The 2024 Buick Envista. GM DETROIT — General Motors on Tuesday reported a 1.5% decline in first-quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results. The Detroit automaker said the decline to
Month: April 2024
Roughly half of adults are stressed about personal finance, a new survey spanning various advanced economies found. D3sign | Moment | Getty Images At least half of adults in a range of major economies report being stressed about their personal finances, and say inflation is one of the main reasons. A significant number also say
Lock Stock | Digitalvision | Getty Images Americans hate to budget. However, reframing the concept can yield more positive results, experts said. They “cringe” at the word budgeting, said Winnie Sun, co-founder of Sun Group Wealth Partners, based in Irvine, California. “It’s sort of like telling someone they need to diet and eat healthy,” said
John Bogle once said index funds would never compromise more than half of the total mutual fund market. That was years ago. Morningstar MORN recently reported the total value of passively managed funds has surpassed actively managed mutual fund assets. Some are expecting index funds to top 70% of total mutual fund assets within the
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index fund manager Vanguard, plans
U.S. Securities and Exchange Commission chairman Gary Gensler testifies during a Senate Banking Committee hearing on Capitol Hill September 12, 2023 in Washington, DC. Drew Angerer | Getty Images The annual two-day “SEC Speaks” event kicked off Tuesday, offering clues to what the priorities will be for the Securities and Exchange Commission in the coming
Halfpoint Images | Moment | Getty Images Some retirement savers can still snag an extra tax incentive for 2023. However, most eligible filers don’t claim it, according to the IRS. The retirement savings contribution credit, or “saver’s credit,” can help low- to moderate-income filers offset part of the funds added to an individual retirement account,
John Bogle once said index funds would never compromise more than half of the total mutual fund market. That was years ago. Morningstar MORN recently reported the total value of passively managed funds has surpassed actively managed mutual fund assets. Some are expecting index funds to top 70% of total mutual fund assets within the
In this article EDR SLR-AU Follow your favorite stocksCREATE FREE ACCOUNT Ariel Emanuel, Chief Executive Officer, Endeavor, at the New York Stock Exchange, April 29, 2021. Source: NYSE Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share. Endeavor’s stock rose more than 2% Tuesday afternoon
President and CEO of the Federal Reserve Bank of Cleveland, Loretta Mester makes an appearance on “The Exchange” on March 7, 2024. CNBC Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May. Mester also indicated that the long-run path
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT 10’000 Hours | Digitalvision | Getty Images Housing costs are outpacing median household incomes in the U.S., further straining affordability. Would-be homebuyers need to earn $113,520 a year to afford the typical house in the U.S. That is 35% more than what the typical household
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That
A Xiaomi SU7 electric sedan is seen displayed at a regional HQ of Xiaomi in Nanjing in east China’s Jiangsu province. Future Publishing | Future Publishing | Getty Images BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since the company launched its SU7 electric
Singapore topped the list on the Economist Intelligence Unit’s business environment ranking. franckreporter | E+ | Getty Images Singapore, Denmark and U.S. are the best places in the world to conduct business, according to the Economist Intelligence Unit business environment ranking. “Singapore will remain the best geography in the world to do business, as it
Scott Olson | Getty The Powerball jackpot is officially $1 billion — the fifth-largest prize in the game’s history — without a winner from Saturday night’s drawing. If you win the grand prize by matching all six numbers, you’ll have two payout options: a lump sum of $483.8 Million or annuitized payments worth $1 billion.
When a billionaire corporate executive and Senator Bernie Sanders agree on something, it’s worth paying attention. If they had a cozy lunch, there would be more dessert forks than pitched forks. In public, both Sanders and BlackRock BLK CEO Larry Fink agree — America is facing an increasingly urgent “retirement crisis” that must be addressed
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, on May 2, 2023. Alyssa Pointer | Reuters Two Warner Bros. Discovery directors,
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Investor demand for exchange-traded funds is not slowing down, and firms without ETF offerings may risk losing business, according to one Goldman Sachs expert. Steve Sachs, global chief operating officer of Goldman’s ETF Accelerator, notes that despite the time and resources required to launch an ETF,
Mstudioimages | E+ | Getty Images Social Security beneficiaries who owe money to the Social Security Administration may see much lower default withholding rates from their monthly checks, thanks to new policies that are going into effect. As of March 25, the Social Security Administration will no longer collect 100% of a total monthly Social
There are people who change your life because of their proximity to you and yours—and then there are those who change your life without you even knowing they exist. Regardless of which of those categories Daniel Kahneman fits into for you, he’s changed your life, just as surely as he has demonstrably changed mine. Kahneman,