Nitat Termmee | Moment | Getty Images The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation. A 25% tariff on imports from Canada and Mexico — which may take effect as soon
Month: February 2025
Tensions between the world’s two largest economies have escalated over the last several years. Florence Lo | Reuters BEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions. On Feb. 19, authorities published a “2025 action plan for stabilizing foreign investment” to make it easier
True Link Financial offers a debit card with spending controls expressly designed for people with dementia, other cognitive deficits or addiction issues. It also manages special needs trusts. By Lindsey Choo, Forbes Staff In November 2020, Alana Peralez received the sort of emergency call she’d been dreading. Her then 84-year-old dad, a retired aerospace engineer
Protestors in New York City demonstrate against the push by President Donald Trump and Elon Musk, who leads the so-called Department of Government Efficiency, to gut federal services and impose mass layoffs, Feb. 19, 2025. Michael Nigro/Pacific Press/LightRocket via Getty Images The Trump administration’s purge of federal workers may ultimately amount to the biggest job
A “For Sale” sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. Joe Lamberti | Bloomberg | Getty Images The U.S. housing market continues to weaken, as potential buyers face stubbornly high mortgage rates, elevated prices and limited supply of listings. Sales of previously owned homes fell 4.9% in January from
Hustle culture and the ever-shortening form of advice have led to the deification of undying devotion—whether to a cause, a goal, or a priority. This oversimplification is also prominent in financial planning. Of course, courage in the face of adversity is laudable, generically speaking, but wisdom is rarely rigid. Wisdom pauses, asks more questions, considers,
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., Feb. 11, 2025. Craig Hudson | Reuters The popular narrative among Federal Reserve policymakers these days is that policy is “well-positioned” to adjust
Cooling towers and reactors 3 and 4 are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | Reuters Expanding two power plants in Georgia and South Carolina with big, new reactors was supposed to spark a “nuclear renaissance” in the U.S. after a generation-long absence of
From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach, Florida, U.S. March 13, 2017. Joe Skipper | Reuters As the rich have gotten richer, family offices have exploded in popularity, numbering 8,000 worldwide and managing some $3.1 trillion in assets, according to Deloitte. Family
In this article XYZ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey, CEO of Square, speaks on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021. Joe Raedle | Getty Images Block reported fourth-quarter results on Thursday that fell short
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway on Saturday reported a massive surge in fourth-quarter earnings from its operating businesses, driven in large part by
Although inflation has eased considerably, in many ways, it is still alive and well. The consumer price index, which measures the cost of a wide-ranging basket of goods and services, has fallen gradually from a 9.1% pandemic-era peak in June 2022 to 3% in January. But it is still above the Federal Reserve’s 2% goal. “The progress toward 2%
Anthony Volpe, Jasson Domínguez and Paul Goldschmidt of the New York Yankees talk during spring training at George M. Steinbrenner Field in Tampa, Florida, on Feb. 19, 2025. New York Yankees | Getty Images Start spreading the news: For the first time in nearly 50 years, the New York Yankees are allowing players to grow
In this article WMT TGT COST AMZN Follow your favorite stocksCREATE FREE ACCOUNT Walmart stock may be a steal. Former Walmart U.S. CEO Bill Simon contends the retailer’s stock sell-off tied to a slowing profit growth forecast and tariff fears is creating a major opportunity for investors. “I absolutely thought their guidance was pretty strong given
Aggressive trade wars, government shutdowns, and unexpected disasters can send markets careening to the downside. The short-term damage to investments can be severe. But the key word here is “short.” And therein lies the opportunity for long-term investors like those saving for retirement. To fully appreciate the phenomenon and why it’s possible for anyone to
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Warren Buffett released Saturday his annual letter to shareholders. In it, the CEO of Berkshire Hathaway discussed how
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew
Damircudic | E+ | Getty Images Student loan borrowers who expected smaller monthly payments under the new Saving on a Valuable Education, or SAVE, plan received some bad news on Feb. 18, when a U.S. appeals court blocked the program. As a result, millions of people will need to switch to a new repayment plan
In this article HIMS NVO NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters The long-running U.S. shortage of Novo Nordisk‘s blockbuster weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years, the U.S.
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own
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