Yellow Dog Productions | Getty Images With less than a week before the U.S. government faces a possible debt default, many are bracing for the economic fallout — and advisors have tips for nervous investors. Negotiations to raise the debt ceiling intensified between the White House and congressional Republicans on Thursday after a stark warning from
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Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security. More Americans are raiding their retirement accounts as the cost of living climbs, and experts predict that the number of workers drawing on their 401(k)s to pay for financial emergencies may increase due to
In this article CG Follow your favorite stocksCREATE FREE ACCOUNT Cedric Bobo discusses a new program for Black student-athletes to transition into the commercial real estate market. Diana Olick | CNBC When Darius Livingston graduated from the University of California, Davis, two years ago, he knew his football career was over. Like most of his
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Chairman of The Walt Disney Company Bob Iger. Drew Angerer | Getty Images Disney urged a federal court to reject a request by Florida Gov. Ron DeSantis to disqualify the judge overseeing the company’s lawsuit accusing the governor and his allies of political retaliation. Attorneys
In this article URBN Follow your favorite stocksCREATE FREE ACCOUNT Exterior view of an Urban Outfitters store is seen in Pasadena, California, May 22, 2021. RBL/Bauer-Griffin | GC Images | Getty Images Shares of Urban Outfitters popped about 8% Tuesday after the company reported fiscal first-quarter earnings that beat Wall Street’s estimates on the top
In this article ULTA DECK NVDA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves midday Friday: Ford — Shares popped about 7%
Lisa Terauchi-D’Rozario’s husband had been a captain with Hong Kong airline Cathay Dragon for 14 years when he lost his job in October 2020, she said. Cathay Pacific cut thousands of jobs and shuttered its regional airline during the pandemic. The news was crushing, Lisa said. The family decided to leave Hong Kong to return
As a growing contingent of Americans feel priced out of a college education, tuition assistance may be the most valuable incentive companies are using to attract and keep workers. In the last few years, more businesses have added or expanded benefit offerings of free college programs. Not only does free or discounted higher education improve
DETROIT – A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers’ EV strategies. The tie-up between the two rivals will give Ford owners access to more than 12,000 Tesla Superchargers across the U.S. and Canada, starting early next year. More importantly, Ford’s
In this article 9868-HK XPEV Follow your favorite stocksCREATE FREE ACCOUNT A XPeng Inc. G6 electric sport utility vehicle (SUV). The company is hoping the release of the new car will boost sales which plunged in the first quarter. Qilai Shen | Bloomberg | Getty Images Shares of Chinese electric vehicle firm Xpeng dropped on
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase & Co. headquarters in New York, US, on Wednesday, Jan. 18, 2023. Gabby Jones | Bloomberg | Getty Images JPMorgan Chase cut about 500 positions this week, mostly among technology and operations groups, according to people with knowledge of the move. The cuts
Ben Francis didn’t become wealthy through a family inheritance or business school connections. Instead, the CEO and co-founder of Gymshark used his Pizza Hut job earnings at age 19 to buy a sewing machine and start his fitness apparel company in his parents’ Birmingham, U.K., garage. Eleven years later, his adolescent tactics literally paid off.
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Paramount Global shares jumped more than 5% on Friday after an investor known as Warren Buffett’s favorite banker piled
Skynesher | E+ | Getty Images The pandemic-era policy suspending federal student loan payments has been an especially big win for public servants. Most borrowers have benefited from the payment pause, which has lasted more than three years and spanned two presidencies. But for those pursuing the popular Public Service Loan Forgiveness program, the policy
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Handout | Getty Images Entertainment | Getty Images Despite its battle with Gov. Ron DeSantis, Disney remains committed to the state of Florida. The media and theme park juggernaut is set to invest $17 billion in central Florida’s Walt Disney World hub over the next decade, which includes the potential creation of 13,000 jobs. Those
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna, the Swedish buy now, pay later fintech company, halved its net loss in the first quarter, recording a significant improvement in its bottom line after a major cost-cutting drive. The
In this article ULTA RH MRVL Follow your favorite stocksCREATE FREE ACCOUNT Matt Murphy, president and CEO of Marvell Technology Adam Jeffery | CNBC Check out the companies making headlines before the bell: Marvell Technology — Marvell Technology surged 17% in premarket trading after reporting a top-and-bottom beat in its first quarter. Marvell posted adjusted
This photograph taken on October 20, 2022 shows a replica of the Big Ben Tower at the Londoner Casino resort at the Cotai Strip in Macau. (Photo by Eduardo Leal / AFP) (Photo by EDUARDO LEAL/AFP via Getty Images) Eduardo Leal | Afp | Getty Images Tourists in Asia no longer have to take long
In this article LC Follow your favorite stocksCREATE FREE ACCOUNT Even as inflation cools, consumers still show signs of strain. As of April, the share of adults feeling stretched too thin held nearly steady at 61%, according to a new LendingClub report. However, high-income earners are increasingly under pressure, LendingClub found. Of those earning more than