Lucy Lambriex | DigitalVision | Getty Images Despite a sizeable elderly and disabled population in the U.S., there is not enough affordable housing to accommodate those individuals. “For millions of Americans, adequate housing is more of an aspiration than a reality,” said Sen. Bob Casey, D-Pa., who serves as chairman of the Senate Special Committee
In this article AAL UAL DAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines 777 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Airlines’ cargo revenue is slumping. That’s a sign of good news for travel recovery. Delta, United and American this month each reported year-over-year declines of about 40% in their
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the stock trading graph of Johnson and Johnson is seen on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations, and
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in Malaysia, the latest in the company’s e-commerce push into Southeast Asia. TikTok Shop will include Atome as a
This year, consumers are spending more on back-to-school supplies — and coughing up more to cover a particular kind of credit card fee at the same time. Total back-to-school spending is expected to reach a record $41.5 billion, according to the National Retail Federation. The so-called swipe fees, which companies such as Visa or Mastercard charge
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Netflix stock sank more than 9% Thursday after a quarterly earnings report that was largely positive, but left Wall Street underwhelmed and uncertain about key revenue drivers. The selloff in Netflix shares follows a 60% year-to-date rally, spurred by
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest airline to
In this article ISRG KNX COF PPG CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. CSX — The transportation company dropped 5% after missing Wall Street expectations for revenue in the second
The so-called “cage match” between billionaires Elon Musk and Mark Zuckerberg may or may not ever happen. But the two tech moguls are already waging battle for social media users. Zuckerberg’s found early success luring dissatisfied Twitter users to his new competitor, Threads, which launched earlier this month and quickly amassed 100 million users within
Summer can be an ideal time to slow down, reflect and reset your money mindset. You also may find more time to review your financial goals — and decide whether you need a reboot. “When it comes to those who want to ‘clean’ their financial house, my advice is that you must sweep the dust
Students at Wesleyan University Joanne Rathe | The Boston Globe | Getty Images In the wake of Supreme Court‘s ruling on affirmative action admission policies, Wesleyan University announced on Wednesday that it will end its policy of giving preferential treatment to legacy students. “We still value the ongoing relationships that come from multi-generational Wesleyan attendance, but there
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A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Sales of pre-owned homes dropped 3.3% in June compared with May, running at a seasonally adjusted annualized rate of 4.16 million units, according to the National Association of Realtors. Compared with June of last year, sales were
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In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Walmart is reducing the cost of its subscription service for Americans who receive food stamps and some other types of government assistance, as it pushes to grow the program and notices more price sensitivity among shoppers. The nation’s
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Kenvue reported second-quarter revenue and adjusted earnings that topped expectations Thursday in the consumer health company‘s first quarterly report since it spun out from Johnson & Johnson two
In this article ABI-BE 2330-TW JNJ LVS IBM Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, July 12, 2023. Mike Blake | Reuters Check out the companies making headlines before the bell. Netflix — The streaming giant shed nearly 7% after reporting
Mark Cuban has some regrets from his early days. In a Q&A session with best-selling author Chris Voss on Fireside, a streaming platform that Cuban co-founded, the Dallas Mavericks owner said his early-career impostor syndrome often led him to overcompensate in business meetings and negotiations. Earlier in the conversation, Cuban had touted that one of
The Powerball jackpot reached $1.08 billion on July 19, 2023. Joe Raedle | Getty It’s official: There’s a winner for the $1.08 billion Powerball jackpot — and the taxman will take a hefty cut. A single ticket sold in California matched all six numbers drawn on Wednesday night, making it the third-largest prize in the
bymuratdeniz | E+ | Getty Images One of the costs retirees pay — Medicare Part B premiums — may be increasing in 2024, driven by a new Alzheimer’s treatment on the market. The Medicare trustees projected in March that the standard monthly Part B premium may increase to $174.80 in 2024, an almost $10 monthly