bymuratdeniz | E+ | Getty Images The 2023 monthly premium for Medicare’s outpatient care coverage will be about 3% lower than it is this year, the government announced Tuesday. The standard monthly premium for Part B will be $164.90 next year, down $5.20 from $170.10 in 2022, according to the Centers for Medicare & Medicaid
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Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. After a
Electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs), and other clean-energy vehicles continue to gain popularity, especially as gas prices soar. Is it time for you to make the switch? If you’re new to the EV market, you no doubt have a lot of questions — topics like EV battery range, maintenance costs, and affordability
In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images As Hurricane Ian nears the west coast of Florida, the Walt Disney Company and Comcast‘s Universal Studios are preparing to close their Orlando-based theme parks for at least two days.
In this article .SPX Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) The Federal Reserve’s most aggressive pace of tightening since the 1980s is making the majority
wera Rodsawang | Moment | Getty Images Child poverty fell dramatically in 2021, thanks to an expansion put in place last year that sent monthly payments of up to $300 per child to millions of eligible families. Yet many individuals and families eligible for the child tax credit, as well as another called the earned
Florida is bracing for Hurricane Ian. Hurricane Fiona has just devastated Puerto Rico, flooding the island leaving hundreds of thousands without access to electricity or running water. Meanwhile, flooding in Pakistan has taken over 1,600 lives. To combat the some of the worst impacts of flooding, a new industry of floating infrastructure is emerging. There
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | Reuters DETROIT – General Motors is conducting damage
In this article HTZ KDP LCID VLO NCLH RCL Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP’s electric vehicle charging unit that will put thousands of
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending. Americans’ holdings of corporate equities and mutual fund shares
Ridofranz | Istock | Getty Images It’s been a nerve-wracking year for investors. With ongoing stock market volatility, high inflation and interest rate hikes, many wonder if we’re heading for a prolonged economic downturn. “I think we have to be defensive,” said certified financial planner Ivory Johnson, founder of Delancey Wealth Management in Washington, D.C.
Leopatrizi | E+ | Getty Images As part of President Joe Biden’s historic student loan forgiveness plan, up to 8 million people could get automatic debt relief, according to the White House. Across the board, most people with federal student debt will be eligible for some forgiveness: up to $10,000 if they didn’t receive a Pell Grant,
A ‘for sale’ sign is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images U.S. home prices cooled in July at the fastest rate in the history of the S&P CoreLogic Case-Shiller Index, according to a report released Tuesday. Home prices in July were still
Corporations in the United States pay federal corporate income taxes levied at a 21 percent rate. Forty-four states and D.C. also levy taxes on corporate income, with top marginal rates ranging from 2.5 percent in North Carolina to 11.5 percent in New Jersey. Fifteen of the states levy graduated corporate income tax rates, while the
In this article JBLU AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The Justice Department heads to court in Boston on Tuesday in hopes
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images Customers of beleaguered cryptocurrency lender Voyager Digital may find some solace in the news
In this article EXPE Follow your favorite stocksCREATE FREE ACCOUNT Travelers headed to Hong Kong no longer need to quarantine in a hotel upon arrival. But they will have to submit to a barrage of Covid tests. They can go to work, take public transportation and go to supermarkets, but for the first three days,
Solstock | E+ | Getty Images The poverty rate among Americans over the age of 65 is on the rise. According to the latest U.S. Census Bureau data, the share of older people in the U.S. living below the poverty line rose to 10.3% in 2021 from 8.9% in 2020. That means nearly 6 million
By now, you’ve probably heard about the Inflation Reduction Act President Biden signed into law in mid-August. On the surface, it sounds like a good thing. Who wouldn’t want to reduce the sky-high inflation we’ve all been dealing with this year? But, as always, there’s a little more to it. Let’s go over the goals
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the blank-check company looking to take Trump Media and Technology Group public, has changed its listed address to a UPS
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