Svetikd | E+ | Getty Images Annuities are on track for a banner year as consumers flee stock volatility and insurers offer more attractive rates. Limra, an insurance industry group, forecasts annuity sales of $267 billion to $288 billion in 2022, eclipsing the record ($265 billion) set in 2008. Consumers pumped $255 billion into annuities
admin
Mathisworks | Digitalvision Vectors | Getty Images For years, hotel operators have under-invested in technology, but persistent labor challenges are forcing a reckoning in the industry. “The labor issue is a big driver for investments in technology,” said Mark Haley, a partner at Prism Hospitality Consulting, which specializes in hospitality technology and marketing. “You can’t
People rally during a demonstration in support of Covid-19 relief, organized by Shutdown DC, on the National Mall in Washington, D.C., on Feb. 25, 2021. Al Drago | Getty Images When the U.S. began to shut down the wake of the onset of Covid-19, it meant millions of families were suddenly without the income they
More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a more relaxed and
Loading chart… 23andMe Holding Co: “At $2, I’m willing to buy the lottery ticket. But make no mistake about it, it is a lottery ticket.” Loading chart… NIO Inc: “I don’t like to buy any of these Chinese stocks. … Let’s move on.” Loading chart… Mirati Therapeutics Inc: “Understand that you can lose all that
In this article AFRM AAPL Apple Pay Later will let users pay for things over four equal installments. Jakub Porzycki | Nurphoto | Getty Images AMSTERDAM — Apple’s move into the crowded “buy now, pay later” space has raised the stakes for the fintech companies that pioneered the trend. The iPhone maker announced plans to
Fuel prices at a Shell station in Menlo Park, California, US, on Thursday, June 9, 2022. David Paul Morris | Bloomberg | Getty Images Americans are still grappling with the worst inflation in roughly 40 years, and many are changing their spending habits to keep up. In May, prices were 8.6% higher than they were
A man checks in at a Covid-19 testing site in the international arrivals area of Los Angeles International Airport in Los Angeles, California on December 22, 2021. Frederic J. Brown | AFP | Getty Images The Biden administration is dropping Covid-19 testing requirements for inbound air travelers from abroad, the White House said Friday. The
Omar Marques | LightRocket | Getty Images The brokerage industry is exploring alternatives to payment for order flow as SEC chair Gary Gensler takes aim at the practice. One idea is coming from Apex Clearing, CNBC has learned. The clearing firm handles trades for SoFi, Webull and other fintechs and has been quietly building a
Catherine Mcqueen | Moment | Getty Images Inflation is eroding the value of consumers’ savings at the fastest pace in four decades. The Consumer Price Index, which gauges how quickly costs are rising for a basket of goods and services, jumped 8.6% in May from a year earlier, the U.S. Department of Labor said Friday.
The Republican Study Committee (RSC) released its FY 2023 budget today, led by Budget and Spending Task Force Chair Rep. Kevin Hern (R-OK) and RSC Chairman Jim Banks (R-IN), and prescribes several pro-growth tax reforms that would simplify the tax code and encourage business investment. Among the most impactful reforms are permanence for the Tax
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to
For 7-free handpicked stocks, click here: 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
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 DOCU Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 24% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first quarter. Here’s how the company did: Earnings: 38 cents per share,
Still from Universal Studio’s “Jurassic World: Dominion” NBCUniversal “Jurassic World: Dominion” may score to top spot at the domestic box office this weekend, but lackluster reviews and word-of-mouth could stall its potential haul. “Inevitably, ‘Jurassic World: Dominion’ will make a fortune worldwide, since these films always do,” wrote Robbie Collin in his review of the
In this article NFLX ILMN RENT SFIX MTN DOCU Check out the companies making headlines before the bell: DocuSign (DOCU) – The electronic-signature technology company’s stock plunged 26.1% in the premarket after its quarterly profit and revenue fell short of Wall Street forecasts. DocuSign had previously warned that a return to post-Covid working conditions could
Chief executives at 228 American companies co-signed a letter on Thursday urging members of the U.S. Senate to take “bold, urgent action” to pass legislation aimed at reducing gun violence in America. The CEOs who signed the letter represent companies both large and small across a wide range of industries, including some highly recognizable names:
Prathanchorruangsak | Istock | Getty Images Maxing out your 401(k) isn’t easy, but if you reach the limit with money to spare, there may be a way to save more. In 2022, employees can defer $20,500 plus $6,500 for investors 50 and older. However, after-tax contributions may bypass those caps up to $61,000, including company
Having an emergency fund should be a cornerstone of your personal budget. Experts recommend that you should have at least three months of expenses in savings to handle unforeseen circumstances. But how much money should you save before you intentionally quit your job? That is a harder question to answer. For Tori Dunlap, founder of