This year’s hurricane season brought a stark reminder that nobody is safe from the traumatic impacts of severe weather. Hurricane Helene brought devastating once-in -1000 years flooding to part of Appalachia considered relatively safe from those effects. In fact, Asheville, NC, was called a “climate haven” before the hurricane. Hurricane Milton quickly followed, wreaking havoc
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Women in their mid-30s to mid-40s make up about 46% of total employment, which means they are slightly less likely to work than men that age, according to a recent analysis by the Federal Reserve. Their employment rate is also slightly lower than women in their early 20s. “This smaller share reflects the fact that,
In this article CMCSA PARA Follow your favorite stocksCREATE FREE ACCOUNT Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. Eric Gaillard | Reuters Less than two years after NBCUniversal fired Jeff Shell for alleged sexual harassment, the former CEO is
Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City. Michael M. Santiago | Getty Images Wells Fargo reported lower earnings and revenue in the third quarter than a year ago on Friday amid a sizable decline in net interest income. Here’s what the bank did compared with Wall
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon sees risks climbing
By Chris Farrell, Next Avenue Mention college and the conversation swiftly turns to student loans — with good reason. The current loan-based system to pay for postsecondary education is failing too many students, including a surprisingly large number of debtors nearing or in their retirement years. For one thing, $1.6 trillion worth of student loans
Portra | E+ | Getty Images More than 72.5 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday. With the change, Social Security retirement benefits will increase by about $50 per month on average starting in January, according to the agency. The Social Security
Robert Kraft, Founder of the Foundation to Combat Antisemitism (FCAS), Lights the Empire State Building to Stand Up to Jewish Hate and All Hate on October 7, 2024 in New York City. mpi099 | MediaPunch | IPX | AP The biggest names in sports are joining forces in a new campaign to combat antisemitism. New
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Lucovic Marin | Getty Images JPMorgan Chase is scheduled to report
With October in full swing many people are grabbing their favorite pumpkin-spiced drink and re-watching their favorite horror movies featuring ghouls, ghosts, and other creepy supernatural creatures. However, for many people, the spookiest and scariest things in life are closer to home. Recently, Paul Long of New Way Forward wrote an article titled “Retirement Isn’t
Solstock | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves more as activists
Lordhenrivoton | E+ | Getty Images The Social Security Administration on Thursday announced that the cost-of-living adjustment will be 2.5% in 2025. When that increase goes into effect, it will be the lowest adjustment to benefits that beneficiaries have seen since 2021, when the cost-of-living adjustment, or COLA, was 1.3%. The Social Security cost-of-living adjustment
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024. Riccardo De Luca | Anadolu | Getty Images Summer trips to Europe are getting too hot
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good news for banks,
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Warren Buffett’s Berkshire Hathaway has reduced its stake in Bank of America to below 10% amid a selling spree that started in mid-July. In a Thursday night filing with the
David Paul Morris/Bloomberg via Getty Images Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers’ wallets, according to the U.S. Bureau of Labor Statistics. The consumer price index, a key inflation gauge, was up 2.4% last month from September 2023,
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images United Airlines is plotting a 2025 international expansion that spans Senegal to Mongolia and Greenland to Palau, a bid to
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A Delta aircraft at the airline’s hangar in Atlanta Leslie Josephs/CNBC Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays. The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to
In this article 3382.T-JP ATD-CA Follow your favorite stocksCREATE FREE ACCOUNT A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024. Richard A. Brooks | Afp | Getty Images Japanese convenience retailer Seven & i Holdings slashed its earnings forecasts and pressed ahead with restructuring plans
Share to Facebook Share to Twitter Share to Linkedin Social Security benefits and Supplemental Security Income (SSI) benefits will increase by 2.5% in 2025 for more than 72.5 million Americans. On average, Social Security retirement benefits will increase by about $50 per month starting in January. Nearly 68 million Social Security beneficiaries will see a
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