vgajic | E+ | Getty Images Recent events have prompted investors and businesses to begin redeploying their savings in order to generate greater yield while protecting their principal. Their options include traditional means such as money market funds or short-duration Treasury bills and more volatile stores of value, such as gold. Some investors have even
People line up outside of the Supreme Court in Washington, D.C., on June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images Many student loan borrowers face risk factors that suggest they could struggle covering their bills, especially after the Supreme Court struck down President Biden’s federal student loan forgiveness proposal and repayment
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People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Shares of Rivian Automotive jumped more than 16% in early trading Monday after the electric vehicle maker beat Wall Street expectations for quarterly deliveries. Rivian on
People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Electric vehicles — Electric vehicle makers such as Rivian Automotive surged following Tesla’s better-than-expected second-quarter production and
After the Supreme Court struck down the Biden administration’s plan to wipe away about $430 billion dollars in student loan debt, many borrowers are now scrambling to figure out exactly when their next payment is due, how much they owe and whether they’ll be able to afford that bill. President Joe Biden has promised to
Kieferpix | Istock | Getty Images A record 43.2 million people are expected to travel by car this July 4 holiday, according to AAA, the motoring and leisure travel membership organization. The good news for those drivers is that gas prices around the country are lower than they were last year. The national average for
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Pan Gongsheng was named party secretary of the People’s Bank of China on July 1, 2023. Vcg | Visual China Group | Getty Images BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would become the central bank’s party secretary. In a country ruled by
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Harrison Ford returns as Indiana Jones in “Indiana Jones and the Dial of Destiny.” Disney It’s Harrison Ford’s final bow as the boulder-dodging, whip-wielding, Nazi-punching Indiana Jones. On Friday, “Indiana Jones and the Dial of Destiny” arrives in theaters, marking the fifth and likely final
In this article ARX-CA CRK CEQP PR BIR-CA VTLE Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images The basic materials sector closely follows economic trends. As fundamental macro factors play such a crucial role in driving the group, one needs a keen eye to identity top investment opportunities among the
ESPN Chairman Jimmy Pitaro Steve Zak Photography | FilmMagic | Getty Images Disney’s ESPN on Friday is informing about 20 of its on-air personalities that they will no longer appear on any of the network’s platforms. Cuts include former National Basketball Association head coach and current game analyst Jeff Van Gundy and ex-NBA player and
For Barbara Corcoran, real estate expert and star of ABC’s “Shark Tank,” success is no longer about money. But the very first time Corcoran felt successful was the day she first made a profit. “I made $77,000 running my brokerage firm. I had never made a profit. And I thought, ‘What do I do with
An image of Warren Buffett at the Berkshire Hathaway Shopping Day, May 5, 2023. Yun Li | CNBC Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and See’s Candies. Now count plush toy phenomenon Squishmallows. Squishmallows made its Berkshire Hathaway annual meeting debut this
By nearly every measure, buying a car has become extremely expensive. Not only are new vehicle prices near an all-time high, but the interest rate to finance a purchase has also jumped dramatically. Now, fewer affordable new cars even hit the market, according to recent reports. Today, new cars priced under $30,000 make up just
Hundreds of 1199SEIU health care workers staged a rally and sit to block 3rd avenue where some were arrested. They protested against health care cuts in Governor Kathy Hochuls budget on Medicare. Lev Radin | Lightrocket | Getty Images Medicare on Friday said it will allow pharmaceutical companies to publicly discuss the program’s historic drug
In this article NKE CCL FREY Follow your favorite stocksCREATE FREE ACCOUNT A shopper leaves a Nike store along the Magnificent Mile shopping district with a purchase on December 21, 2022 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making the biggest moves in premarket trading: Nike — Shares dropped nearly
The Supreme Court struck down President Joe Biden’s student loan forgiveness plan on Friday, yet college affordability will remain an issue for years to come, experts say — causing more students to opt out altogether. Given the Supreme Court‘s ruling against affirmative action admission policies, as well, “it’s very appropriate for us to be concerned,” said Kelly
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT The News Corporation headquarters, which is also home to Fox News, stands in Manhattan on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox News has settled another lawsuit, this time with a one-time producer for former primetime host Tucker Carlson.