Hawaiians are still reeling from the deadliest U.S. fire in over a century. The extent of the losses in life and property in Maui are still unknown. Early estimates from the Pacific Disaster Center and the Federal Emergency Management Agency report that more than 2,200 structures have been damaged or destroyed, 86% of which were residential.
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With so much of daily life happening over social media, it’s not surprising that small businesses are relying more and more on Instagram, Facebook and other platforms to spread the word about their business and sell products. But there is one big catch: small business owners are at a big disadvantage on these platforms when
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity. The New York Times piece “misquoted” Blankfein, the former Goldman CEO told CNBC Monday in a phone
China’s massive real estate market has struggled after decades of debt-fueled, rapid growth. Bloomberg | Bloomberg | Getty Images BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months. Retail
President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Social Security has reached a milestone — its 88th birthday. On Aug. 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. With that law, a social insurance program to
A bill introduced in the Massachusetts House, (H. 74) would expand funding for community media programming by imposing a new tax on the gross revenues of digital streaming service providers. The sentiment is understandable, but the proposed solution leaves much to be desired. Municipally operated local access television channels, the no-frills stations residents can use
Most of the S&P 500 has reported earnings so that means it’s time to hear from the retailers. 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
Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters High food prices. Low unemployment. And eye-popping spending on concert tickets and European trips. Retailers are chasing shoppers as they navigate contradictory dynamics like cooling inflation, rising interest rates and pandemic-induced jolts to the way people live, work and shop. That has made it tricky
A Discover Financial Services credit card. Scott Eelis | Bloomberg | Getty Images Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position, effectively immediately, and
On Aug. 8, a series of small brush fires started in Maui. They quickly spread due to dry weather and high winds from Hurricane Dora, which passed Hawaii a few hundred miles to the south. The fires have since been mostly contained, but residents are still dealing with the destruction left in their wake. The
After more than a year of recession predictions, some experts have backed off past forecasts and now embrace what’s known as a “soft landing” for the economy. Even so, one financial advisor is stressing the importance of preparing for future stock market volatility. A soft landing could include an economic slowdown and unemployment ticking higher
The Biden administration released new guidance Monday on how colleges can “lawfully achieve a diverse student body” in the wake of the Supreme Court‘s ruling striking down affirmative action. In a “Dear Colleague” letter and a questions and answers page, the U.S. Department of Education outlined what policies and practices for promoting a diverse student body remain
In this article UBSG-CH UBS Follow your favorite stocksCREATE FREE ACCOUNT General view of the UBS building in Manhattan, New York, June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT An electric Ford truck is displayed during the Electrify Expo In D.C. on July 23, 2023 in Washington, DC. Nathan Howard | Getty Images DETROIT – Ford Motor said Monday that it has hired Apple veteran Peter Stern to lead a newly created division focused
Workers replace a roller that compresses steel at the A&T Stainless steel plant in Midland, Pennsylvania, March 2, 2020. Michael Rayne Swensen | Bloomberg via Getty Images Check out the companies making headlines in premarket trading. U.S. Steel — Shares of the steel producer surged more than 26% premarket after it rejected a $7.3 billion buyout
Franckreporter | E+ | Getty Images People can easily fall into “false financial comparisons,” a scenario in which we believe we can afford the same lifestyles people we perceive as “just like us” have, said author Manisha Thakor in her new book, “MoneyZen: The Secret to Finding Your ‘Enough.'” A certified financial planner, Thakor noticed
In this article EXPE 9961-HK EDR-ES BKNG TRIP HTG-DE Follow your favorite stocksCREATE FREE ACCOUNT According to a global survey of more than 5,700 travelers commissioned by Expedia Group, the average traveler spends more than five hours researching a trip and reviews 141 pages of content — for Americans, it’s a whopping 277 pages. And
In this article TGT FL Follow your favorite stocksCREATE FREE ACCOUNT This is part two of a three-part series on organized retail crime. The stories will examine the claims retailers make about how theft is impacting their business and the actions companies and policymakers are taking in response to the issue. Read the first story
Mark Cuban says his net worth isn’t what makes him successful — it’s his ability to to stay focused on doing fulfilling work every day. “Success isn’t necessarily how much money you have,” Cuban, 65, recently told LinkedIn’s “The Path” podcast. “Success is just setting a goal and being able to wake up every morning