Bymuratdeniz | E+ | Getty Images In October, the pandemic-era pause on student loan payments expired, and the bills resumed for some 22 million people. Just 60% of those borrowers had made a payment by mid-November, new U.S. Department of Education data shows. In a recent blog post on the findings, U.S. Department of Education
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In this article KWS-GB Follow your favorite stocksCREATE FREE ACCOUNT Herman Narula, co-founder and CEO of Improbable, speaks during a session at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial crisis, suggested Federal Reserve Chair Jerome Powell was irresponsibly dovish at last week’s policy meeting by creating “irrational exuberance” among investors. “The focus still needs
In this article SIAL-SG Follow your favorite stocksCREATE FREE ACCOUNT Modern aircraft, comfortable seats and unflappably pleasant flight attendants. These are factors many rankings consider in determining the world’s best airlines. But they overlook a crucial element, according to the passenger rights company AirHelp — how airlines treat customers when problems occur. “We believe that
Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asia’s family offices used to have a far bigger appetite for risks compared to their global counterparts — but that could be changing, according to a recent survey. A Citi Private Bank global survey in the third quarter of
In this article PFE NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT George Frey | Bloomberg | Getty Images Weight loss drugs exploded into the public eye this year, and 2024 will bring more change to the evolving market. The drugs skyrocketed in popularity in 2023 as they helped patients shed significant weight, despite hefty
In this article OMF DVN CVS Follow your favorite stocksCREATE FREE ACCOUNT A person walks by a CVS pharmacy store in Manhattan, New York, U.S., November 15, 2021. Andrew Kelly | Reuters Several dividend stocks had a rough year due to elevated interest rates. With the Federal Reserve signaling rate cuts in 2024, dividend stocks
Luis Alvarez | Digitalvision | Getty Images While some recent reports have painted Generation Z as taking a relaxed “soft saving” approach to retirement, new research finds this generation is the most confident they’ll be able to retire. Gen Z women are especially optimistic. Almost two-thirds, 65%, of Gen Z respondents are confident they’ll be
Cannabis Tax Revenue & Nationwide Cannabis Tax Policy Blueprint Skip to content December 14, 2023December 13, 202316 min readBy: Adam Hoffer Table of Contents Key Findings Twenty-one states now taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to lay off about 1,300 workers in
Major League Pickleball finals at Pickle & Chill on October 16, 2022 in Columbus, Ohio. Emilee Chinn | Getty Images Dozens of professional pickleball players have formed a collective to voice their concerns about recent pay cuts and the future of the sport. In a letter obtained by CNBC, the collective shared their dissatisfaction with
BNY Mellon’s global head of ETFs suggested exchange-traded funds using options overlays could become next year’s hot product. “We are absolutely going to see more of these options-based products come to market,” Ben Slavin told CNBC’s “ETF Edge” on Monday. “We see it in our own book.” Options overlays are a way for investors to
In this article TRMB Follow your favorite stocksCREATE FREE ACCOUNT Visoot Uthairam | Moment | Getty Images Company: Trimble (TRMB) Trimble is a provider of technology solutions that enables professionals and field mobile workers to improve or transform their work processes. It operates through four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation.
These days, fewer people feel financially comfortable, let alone rich. The average household’s net worth has soared in recent years, rising 37% between 2019 and 2022, according to the survey of consumer finances from the Federal Reserve. Yet, even as households became wealthier, inflation and instability have left more people in the bucket of so-called
Boston Tea Party 250th Anniversary: What Really Happened Skip to content Home • Blog • The Short Form: What’s the Tea? 250 Years since the Boston Tea Party This is part of our educational blog series, “The Short Form,” to simplify tax issues and explore the world through the lens of tax policy. Learn more
The Hamburg flag flies in front of Hapag-Lloyd containers on the Hapag-Lloyd containership “Berlin Express” at Burchardkai in the Port of Hamburg. Marcus Brandt | Picture Alliance | Getty Images Two shipping giants, Hapag-Lloyd and Maersk, are pausing their travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East following a
Thomas Barwick | Stone | Getty Images The S&P 500 index has been a winner in 2023. The index on Wednesday closed above 4,700 for the first time since January 2022. Year to date, the index is up about 23%. Its average annual return is more than 10%. That performance may now prompt some investors
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Sydney Boyo DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Jane Fraser, CEO of Citigroup, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Citigroup told most of its employees that they can work remotely the final two weeks
The Powerball jackpot hit $1.2 billion on Oct. 3, 2023, the third-biggest prize in the game’s history. Scott Olson | Getty The Powerball jackpot has grown to an estimated $535 million — and with the year-end approaching, the winner may wonder whether it’s better to claim the prize in 2023 or 2024. There have already