Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on Dec. 14, 2023. Frederic J. Brown | AFP | Getty Images Roughly a month after Shohei Ohtani signed a $700 million contract with Major League
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Consumer spending remained remarkably resilient throughout 2023, even in the face of prolonged inflation and high interest rates. But that’s unlikely to continue, according to Jack Kleinhenz, chief economist at the National Retail Federation. “A year ago, many commentators were skeptical and calling for a recession, but the recession never came. With each passing month,
Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images After a few difficult years, the IRS has boosted taxpayer service and technology with an infusion of funding. But there’s still room for improvement —
Mihtiander | Getty Images People age 50 and older are nearing the final stretch when it comes to planning for retirement. Yet, 62% of those in that age cohort have not consulted a professional to help plan for their golden years, according to a recent survey from AARP. The top answer for why, with 41%,
Consumers shop in Rosemead, California, on December 12, 2023. Frederic J. Brown | Afp | Getty Images The annual inflation rate edged higher in December following two months of declines. However, that reversal likely isn’t cause for concern — and may be somewhat misleading, economists said. “We’re still making progress in the inflation fight,” said
Abraham Gonzalez Fernandez | Moment | Getty Images Student debt often makes it harder for people to save for retirement. But that may soon change. A provision in the Secure 2.0 Act of 2022, which had a delayed effective date of Jan. 1, 2024, allows employers to match workers’ student loan payments with contributions to
Former South Carolina Governor Nikki Haley, Florida Governor Ron DeSantis and former biotech executive Vivek Ramaswamy pose together onstage at the third Republican candidates’ U.S. presidential debate of the 2024 U.S. presidential campaign hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, U.S., November 8, 2023. Mike Segar
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Recep-bg | E+ | Getty Images The U.S. Securities and Exchange Commission on Wednesday approved the first U.S. spot bitcoin exchange-traded funds. But experts urge caution before piling into the long-awaited ETFs. The agency signed off on 11 bitcoin ETF applications, including funds from BlackRock,
A for sale sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared with the same mont a year
A “For Sale” outside a house in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Mortgage rates moved a little bit higher last week, for the second
These days, housing affordability is a struggle for nearly everyone. But for young adults just starting out, soaring home prices and sky-high rents have become one of the greatest obstacles to making it on their own. Nearly one third, or 31%, of Generation Z adults live at home with parents because they can’t afford to buy
In this article UAL ALK BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing’s new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, Feb. 13, 2017. Jason Redmond | Reuters Boeing‘s plan to get back on solid footing after a series of quality flaws in its best-selling jet suffered a near-disastrous
Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images) Brianna Soukup | Portland Press Herald | Getty Images DETROIT – Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An Alaska Airlines Boeing 737 Max-9 aircraft grounded at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Saturday, Jan. 6, 2024. David Ryder | Bloomberg | Getty Images Shares of Boeing tumbled roughly 8% in premarket trading Monday, as investors digested the news that
In this article ANF LULU AEO Follow your favorite stocksCREATE FREE ACCOUNT Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and
In this article BA ALK UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport in California on March 13, 2019. Justin Sullivan | Getty Images United Airlines said Monday that it has found loose bolts on door plugs of several Boeing 737 Max
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT Robin Hayes, chief executive officer of JetBlue Airways Corp, speaks to guests following the airline’s inaugural flight from John F. Kennedy (JFK) Airport in New York, U.S, to London Heathrow Airport (LHR) in London, U.K., on Thursday, Aug. 12, 2021. Chris J. Ratcliffe | Bloomberg
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Tiger Woods during the pro-am as a preview for the Hero World Challenge at Albany Golf Course in Nassau on Nov. 29, 2023. David Cannon | Getty Images Tiger Woods’ 27-year partnership with Nike has come to an end. The superstar golfer announced the news
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. — Little is known about how much revenue Shein draws
In this article ALK BA UAL URI Follow your favorite stocksCREATE FREE ACCOUNT The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board in Portland, Oregon, on Jan.
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