Piksel | Istock | Getty Images Many people who have turned to Social Security for help in recent years have found long waits for service. The pandemic made those delays worse. But the issue actually dates back to before the onset of Covid-19. Congress has cut Social Security’s core operating budget by 17% since 2010,
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage — for you and the economy. The S&P 500 on Monday dropped into its second bear market of the pandemic, crossing a symbolic and worrisome threshold as stocks plunge following a meteoric rise over the
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In this article DRE PLD Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging U.S. ports, pushing warehouses to capacity and forcing logistics managers to scramble for space. Roger Kisby | Bloomberg | Getty Images Warehouse giant
Warren Buffett, left, and his eldest son, Howard G. Buffett Peter Kramer | NBC | Getty Images Howard Buffett, son of billionaire investor Warren Buffett, is donating millions of dollars from his foundation in support of Ukraine after meeting with President Volodymyr Zelenskyy. The Howard G. Buffett Foundation donated $2.7 million to the citizen-funded nonprofit
courtneyk | E+ | Getty Images This week is the last chance to bypass a tax penalty if you’re earning money and the IRS still hasn’t received its share, according to the agency. While some employees pay taxes through withholdings, everyone else must make a second-quarter estimated payment by June 15 — and you’re on
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DeWanda Wise and Laura Dern star in Universal’s “Jurassic World: Dominion.” Universa “Jurassic World: Dominion” roared to the top of the domestic box office over the weekend, generating more than $143 million in ticket sales during its debut. Internationally, the film has secured around $245.8 million since opening earlier this month, bringing its global tally
Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market, they’re betting heavily on assisted driving technology. China sold nearly 21.5 million passenger cars last year. That’s roughly the equivalent of sales in
A man shops for meat at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images The highest inflation in roughly 40 years is prompting people to shift their shopping habits, especially at the grocery
Members of the Committee attend the public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, on Capitol Hill in Washington, U.S., June 9, 2022. Jonathan Ernst | Reuters Members of the House select committee investigating the Jan. 6 Capitol riot were tightlipped about what to expect
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters U.S. stock futures fell Sunday night as Wall Street tries to recover from one of its worst weeks of 2022. Futures tied to the Dow Jones Industrial Average dropped 115 points, or
Westend61 | Westend61 | Getty Images Many workers are finding themselves in an office less often than before the pandemic, and some haven’t gone back at all. So what to do with all those office clothes hanging in your closet? Here are some ideas. Get cash for your clothes You can sell your work clothing
In this article WMT Scoop is one of Walmart’s exclusive fashion brands. It has also struck deals with national brands like BCBG Paris. Melissa Repko | CNBC SPRINGDALE, Arkansas — Dressed-up mannequins. Eye-catching displays of sleek furniture and colorful swimsuits. And store signs that promote exclusive brands and nationally recognized ones. Walmart‘s redesigned SuperCenter, located
Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Markets are tense, and May’s hot inflation report has only worsened the situation. Last month’s consumer price index rose 8.6% from a year ago, making it the highest increase since December 1981. The reading spurred further worries about a recession and bond yields jumped on
Prasit photo | Moment | Getty Images If you are ready to jump into the market, there are a few things experts want you to know. Investing is a great way to grow wealth, but you have to be smart about it, said certified financial planner Cathy Curtis, founder and CEO of Curtis Financial Planning
You can’t leave money in your I.R.A. forever, as dictated by I.R.S. rules. This can put retired investors in a tough spot. Financial planners warn investors against trying to time the market. It is notoriously difficult to guess exactly when sentiment on Wall Street will reverse course — even professionals are likely to get it
What is a parent’s role in raising smart, confident and successful children? What matters? What doesn’t? Though I am the mother of two happy and driven entrepreneurial sons, these are questions I never thought to ask. Looking back, I would have loved to have read stories about how entrepreneurs had grown up — not just
Jamie Linton landed a job in marketing before she graduated from University of Tampa in May. Jamie Linton Jamie Linton just graduated into a job market that hasn’t been seen in generations. Despite rumblings about a possible recession down the road, job openings are still near all-time highs. Millions of workers have walked away from