Tsingha25 | Istock | Getty Images Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved. A network of eight banks held $109 million in deposits for Yotta customers as of April 11,
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Lourdes Balduque | Moment | Getty Images The U.S. Department of Education may extend eligibility of a popular student loan forgiveness program to early childhood educators. The Department on Thursday announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood education
Leopatrizi | E+ | Getty Images More built-for-rent single-family homes are being constructed in the U.S., according to the National Association of Home Builders, and experts say this is in part due to the housing affordability crisis. “When mortgage rates move higher, and it’s harder to buy a home, renting becomes more of an option,”
Moore v. United States Supreme Court Tax Case Skip to content Home • Blog • Supreme Court Rules against Moores 7-2, Leaves Most Questions Undecided The US Supreme Court released a ruling on the taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover
It was another solid quarter for our stocks. Most of the earnings reports — 25 out of 32 portfolio names — were ranked as good or great by the Investing Club. There were plenty of drivers of that success, but the strong consumer was one key catalyst. Another was the massive ramp up in cloud
Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker in Qingdao in east Chinas Shandong province Tuesday, Nov. 30, 2021. Future Publishing | Future Publishing | Getty Images BEIJING — China spent $230.8 billion over more than a decade to develop its electric car
Fg Trade | E+ | Getty Images As older members of Generation X inch toward their golden years, the pressure of retirement saving is on — especially for those sandwiched between the financial burdens of caring for both elderly parents and adult children. About half, or 48%, of Gen Xers say they won’t have enough
In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images Group | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For
In this article WSC Follow your favorite stocksCREATE FREE ACCOUNT Starlink Mini promotional image. SpaceX customer email sent June 19, 2024. SpaceX is rolling out a compact version of its Starlink antennas, which the company is advertising as a mobile option for its satellite internet customers. “Starlink Mini is a compact, portable kit that can
Investors may want to consider hedging their emerging market plays, according to one exchange-traded fund expert. Ben Slavin, global head of ETFs and managing director at BNY, said that while there have been notable inflows into Indian, European and Japanese ETFs, investors should account for the strength of the U.S. dollar. “You have to look
Joe Biden and Donald Trump Getty Images Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that affect them, particularly Social Security, according to a new AARP poll of likely voters from the 44
Trump Income Tax and Tariff Proposals: Details & Analysis Skip to content Home • Blog • Five Things to Know about Trump’s Tariff and Income Tax Proposals Last week, former President Trump took his affinity for tariffs much further, floating the possibility of entirely replacing the federal income tax with new tariffs. He also raised
In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food prices, Darden Restaurants CEO Rick Cardenas said on Thursday. While Darden itself hasn’t benefited from
In this article GILD Follow your favorite stocksCREATE FREE ACCOUNT The logo of Gilead Sciences pharmaceutical company is seen in Oceanside, California, April 29, 2020. Mike Blake | Reuters Gilead‘s experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday. None of the roughly 2,000 women in the
New York Gov. Kathy Hochul. Lev Radin/Anadolu Agency via Getty Images New York is launching a program offering homeowners up to $14,000 in total rebates for energy-efficiency upgrades to their property, and more states are expected to follow suit by summer’s end. The rebate programs are part of the federal Inflation Reduction Act, the largest
Tanja Ivanova | Moment | Getty Images Student loan borrowers have until the end of June to meet a deadline that could lead to quicker debt forgiveness. Some could even see their debt cleared immediately. Those with several student loans who apply for so-called loan consolidation by June 30 — a move that packages multiple federal
Transcript Taxes have one job – to raise revenue for the government to provide necessary services. And when taxes are applied at a low rate, on a wide base, they’re likely to do this job better. Unfortunately, this hasn’t always stopped governments from trying to use taxes for other purposes besides raising revenue, like influencing
In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney and Pixar brought a big dose of joy to the box office this weekend. “Inside Out 2” debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film and the first
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT [The stream is slated to start at 2:00 PM ET. Please refresh the page if you do not see a player above at that time.] Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns
File photos: “For Sale” sign Brandon Bell | Getty Images Consumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550