Woman on her back pushing shopping cart in supermarket aisle David Espejo | Getty Images Experts are weighing the odds as to how likely a recession is and how fast it could come upon us. Most Americans — 70% — already believe an economic downturn is on its way, according to a new survey from
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David Ryder | Getty Images After staggering growth during the pandemic, the U.S. housing Boismarket is starting to cool — and it’s happening fastest along the West Coast. The quickest-cooling real estate market is San Jose, California, according to a new Redfin analysis, which ranked U.S. metropolitan markets based on median sales prices, year-over-year inventory
Many investors are looking at long-short ETFs for hedging their portfolios against continued market volatility (BTAL, LBAY, FTLS). 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
The European Union requires EU countries to levy a minimum excise duty of €0.36 per liter (US $1.55 per gallon) on gasoline (petrol). Today’s map shows that only Bulgaria, Hungary, and Poland stick to the minimum fuel tax rate, while all other EU countries opt to levy higher excise duties on gas. The Netherlands has
In this article PTON A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton said Tuesday it plans to exit all of its in-house manufacturing and instead will expand its current relationship with Taiwanese manufacturer
In this article PEP A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China. VCG | Getty Images PepsiCo on Tuesday raised its revenue outlook for the year as consumers snacked on more Doritos chips and drank more Gatorade in its latest quarter
In this article AAL BA GPS PTON TWTR PLAY A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap — Shares of the apparel retailer dropped more than 3% after Gap announced Monday that CEO Sonia Syngal is stepping down from her
When I created my money and lifestyle blog Making Sense of Cents in 2011, I had no idea what I was doing. I was a 22-year-old financial analyst making $40,000 a year and struggling to pay off my student loans. But my debt was actually a large part of why I started blogging — I
More than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in cryptocurrencies, revealed a study. Srdjanpav | E+ | Getty Images With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency
In this article GME NurPhoto | NurPhoto | Getty Images GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consumer adoption of cryptocurrencies and blockchain technology. The platform, which is now open to the public for beta
Currently, most buy now, pay later services don’t impact a person’s credit score. That’s now set to change in the U.K. Jakub Porzycki | NurPhoto | Getty Images Klarna saw its valuation slashed by 85% in a new financing round announced Monday, reflecting grim investor sentiment surrounding high-growth tech stocks and “buy now, pay later”
A customer shops for meat at a Target store on June 08, 2022 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Inflation is a real worry for many Americans — even those who earn six figures — and it’s impacting decisions about how they spend their money. Fully 96% of
A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York. Raychel Brightman | Newsday LLC | Newsday | Getty Images After dropping to record lows in 2020 and 2021, mortgage rates are back up. Way up. While the past
In this article GPS Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Sarah Silbiger | Bloomberg | Getty Images Gap Inc. Chief Executive Officer and President Sonia Syngal is stepping down, effective immediately, the apparel retailer
Traders on the floor of the NYSE, June 27, 2022. Source: NYSE U.S. stock futures were little changed after hours Monday as Wall Street looks ahead to what many expect will be the start of a volatile second quarter earnings season this week. Dow Jones Industrial Average futures rose by 16 points, or 0.05%. S&P
Skynesher | E+ | Getty Images If you’re among the millions of workers who have left their job as part of the so-called Great Resignation that’s still rumbling through the labor market, be sure not to neglect your 401(k). While you may have options for how to handle retirement savings in your ex-employer’s plan, there
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units. Sales were 8.6% lower than in May 2021. As existing-home sales declined, the median price
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On July 1st, Czechia assumed the rotating Council of the EU Presidency from France. The country will chair Council meetings and represent the Council in relations with other European Union institutions until the end of 2022. There are many tax-related files that remain in the legislative pipeline from the French Presidency that Czechia will need to