Evgenia Tsvirko / Getty More than a third of U.S. adults are dipping into their savings accounts to help them afford higher prices, new research shows. In the face of high inflation, 36% of people say they have withdrawn an average of $617 from their savings during the first six months of this year, according
admin
In this article DIS Another major American company is raising prices again, but this time, don’t blame inflation. Disney is increasing the price on its streaming products and signaled that a price hike could be in the works at its theme parks as well. On Wednesday, the company said the price of Disney+ without ads
In this article RIVN RIVN Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images After fighting to repeal the $10,000 limit on the federal deduction for state and local taxes, known as SALT, a group of House
Andrew Biggs, senior fellow at the American Enterprise Institute American Enterprise Institute When Andrew Biggs, senior fellow at the American Enterprise Institute, was nominated by President Joe Biden to be a member of the Social Security Advisory Board in May, it came at an important inflection point for the program. A report subsequently released by
A United States Postal Service (USPS) worker exits a Grumman Long Life Vehicle. Paul Weaver | SOPA Images | Lightrocket | Getty Images The U.S. Postal Service filed a notice Wednesday of a temporary price hike for this year’s peak holiday season, which it said would help cover extra handling costs. The agency said the
In this article WRBY A general view of the atmosphere at Warby Parker’s store in The Standard, Hollywood Michael Buckner | Warby Parker | Getty Images Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year, even as it reported a narrower-than-expected loss in its fiscal second
In this article UTZ WRBY GOOS-CA SIX DIS CAH Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its results hit by a 22% drop
Customers shop for back-to-school supplies at a Target store in Colma, California. David Paul Morris | Bloomberg | Getty Images As parents know all too well, it’s hard to cut back when it comes to the kids. Despite more households living paycheck to paycheck, this year’s total back-to-school spending is expected to match last year’s
Most Americans finance their retirement with a certain amount of faith: Investing will help their savings keep pace with inflation, institutions will continue to work as they always have, it will all work out in the end. It’s challenging to maintain that optimism in moments like these, when it seems just about everything is at
If the new 1099-K reporting thresholds have you confused as an eBay seller, you’re not alone. But don’t worry — eBay and TaxAct have partnered up to help you separate fact from fiction. Below we’ll address some common misconceptions you might have heard about these changes and the truth about how your taxes could be
In this article DIS An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. Yousef Saba | Reuter Disney on Wednesday lowered its longer-term forecast for Disney+ to 215 million to
In this article NCLH The Norwegian Pearl uses the turning basin as it docks at PortMiami on January 05, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Norwegian Cruise Line fell Tuesday after the company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead. The company reported revenue
In this article IBKR HOOD SI COIN RIOT MARA MSTR Investors have a new way to buy cryptocurrencies. Schwab Asset Management released its Schwab Crypto Thematic ETF (STCE) this month to answer investor demand. David Botset, who was directly involved in the launch, told CNBC’s “ETF Edge” the new product is unique because investors get
Fizkes | Istock | Getty Images Almost 2,000 consumers who were conned into paying debts they didn’t owe are in the process of getting their money returned to them. More than $1 million, or an average of $516 for each payment, is being returned to the victims either via PayPal or a mailed check, the
In this article F RKT A new wave of development is rippling through downtown Detroit. “Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022,” said Ramy Habib, a local entrepreneur. “It is absolutely magnificent what happened throughout those 15 years.” Between 2010 and 2019, just 708 new housing
Click here for 7-free handpicked stocks: https://www.zacks.com/bull Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images If Disney+’s subscriber growth is any indication, the rumors that the global streaming market is nearing saturation have been proven
In this article SG A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen plunged more than 20% in extended trading Tuesday after the salad chain lowered its 2022 forecast. The restaurant company also said it laid off