In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery‘s stock dropped Wednesday after it reported a $9.1 billion write-down on its TV networks and missed
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind. When asked by CNBC’s Leslie Picker if he had changed his view from earlier this year that markets were too
Are you a pre-retiree or retiree who’s nervous about the recent stock market volatility? Worried that it might be the start of a stock market crash, as predicted recently by a few pundits? Unfortunately, “worry” is not a strategy! Instead, you’ll want to plan ahead to survive stock market crashes without knowing when they’ll happen,
Vice presidential candidate Minnesota Governor Tim Walz looks on during a campaign rally with U.S. Vice President and Democratic presidential candidate Kamala Harris in Philadelphia, Pennsylvania, U.S., August 6, 2024. Elizabeth Frantz | Reuters As many retirees struggle to afford the basics, there’s been bipartisan support to exempt Social Security from income taxes. That policy
Paige Bueckers has kicked off her partnership with Madison Reed by going from blond to “sparkling rose.” Courtesy: Madison Reed The latest women’s college sports deal comes with a splash — of color. The University of Connecticut has struck a deal with beauty brand Madison Reed in a wide-ranging partnership that includes court-naming rights; name,
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images CVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than four times the population of
Ezra Bailey | Stone | Getty Images The unemployment rate jumped in July, and there’s a detail in the data that has alarmed some economists. So-called “marginally attached workers,” according to the Bureau of Labor Statistics, are those who are available to work and want a job, but have not searched for a job in
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. Joe Burbank | Tribune News Service | Getty Images Disney reports earnings before the bell,
The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to Claudia Sahm, chief economist at New Century Advisors. Speaking to CNBC “Street Signs Asia,” Sahm said “we don’t need an emergency cut, from what we know right now, I don’t think that there’s everything that
Protecting retirement assets through analysis of various topics, such as time horizon, income needs, risk tolerance, and more, is often best discussed with a wealth advisor acting under fiduciary standards. A prudent wealth advisor closely monitors their clients’ normal activities and actions to help safeguard against potential elderly exploitation of assets. Elderly exploitation, commonly referred
Westend61 | Westend61 | Getty Images Picture this: You walk into a big grocery store and everything is deeply discounted, said Winnie Sun, co-founder and managing director of Sun Group Wealth Partners in Irvine, California. “What would you buy that you know that your household would need for the future?” she said. “That could be
In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit door plug on a Boeing 737-9 MAX during Alaska Airlines Flight 1282 flight on January 5, 2024, at the National Transportation Safety Board
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Rivian Automotive beat Wall Street’s top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Andrew Harnik | Getty Images In the market’s eyes, the Federal Reserve finds itself either poised
Weight-loss drugs have been all the news recently. There are finally medications that can help people lose weight and that is a good thing. In recent years, obesity rates have nearly doubled among older adults in the U.S. Two of every five Americans ages 65 and older are obese. Wegovy is one drug that some
In this article SPWR Follow your favorite stocksCREATE FREE ACCOUNT Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023. David Paul Morris | Bloomberg | Getty Images The rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest
Minnesota Gov. Tim Walz, seen in Washington, D.C., on July 3, 2024, and Vice President Kamala Harris, seen in Washington, D.C., on July 22, 2024. Jim Watson, Chris Kleponis | AFP | Getty Images Vice President Kamala Harris has picked Minnesota Gov. Tim Walz as her running mate for the 2024 presidential election. That choice could
In this article YUM Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Taco Bell restaurant on May 01, 2024 in Richmond, California. Justin Sullivan | Getty Images Yum Brands on Tuesday reported a mixed quarter as both Pizza Hut and KFC reported declining same-store sales. “The impacts from the