The “R” word is in the air and making people nervous. A “recession” is technically when GDP falls for two successive quarters, which happened as of last week. While politicians and economists continue to debate whether or not we’ve actually entered a recession, the reality is that Americans have already been struggling. Inflation is skyrocketing,
Month: July 2022
We’re turning the calendar from July to August which means the blockbuster season for movies is coming to a close. But on TV, things are just heating up. From the “Game of Thrones” prequel to the newest Marvel installment, there’s a lot of highly-anticipated content coming to streaming services this month. So to help you
In 2004, I set out to conduct a five-year “Rich Habits” study to explore how the world’s wealthiest people think about their money. Each of the 225 millionaires I interviewed fell into one of four categories: Saver-Investors: No matter what their day job is, they make saving and investing part of their daily routine. They are constantly
In this article FISV DPZ SBUX SQ DDOG Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Between the Federal Reserve’s interest rate hike, fresh economic data and a flood of earnings from tech giants, it has been a busy week for investors. Since the market can be so volatile, it’s key to maintain a
Nirunya Juntoomma | Istock | Getty Images It’s no secret that households with sufficient emergency savings are more the exception than the norm. Two proposals in the Senate aim to change that. And, experts say, tackling the problem could lend itself to workers saving more for their golden years. “One of the best ways to
Oak-lined streets, a historic golf course, a nature preserve where peacocks strut their stuff. Welcome to Tarrytown, a sought-after residential neighborhood along the Colorado River in Austin, Texas. But don’t mistake the languid environment for sleepy. The tree-shaded homes in the long-established community are near shopping, schools and a contemporary art museum housed in a
As a financial advisor for the past 20 years, the question that I’ve likely received most often is some version of, “So, how are we doing, you know, relative to our peers?” We have an innate desire to be successful, don’t we, or at least better than someone else? And while I don’t think there’s
U.S. President Joe Biden speaks to the media as he arrives at Joint Base Andrews, Maryland, U.S. July 20, 2022. Jonathan Ernst | Reuters President Joe Biden on Saturday tested positive for Covid-19 once again after consecutive days of testing negative for the virus, his physician said. Biden, 79, is experiencing no new symptoms and
In this article ETSY Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares jumped more than 8% in after-hours trading on Wednesday after the company’s second quarter earnings beat on top and bottom lines. Here’s how the company did: Earnings per share: $0.51 vs. $0.31 estimated, according to Refinitiv Revenue: $585 million vs.
Voice control technology is becoming increasingly popular in our lives and homes. More than a third of Americans own a smart speaker – that’s about 100 million users – according to National Public Media’s 2022 Smart Audio Report and 86% agree that they “allow for a more convenient living experience.” In a study of kitchen
US Tax Court Chief Judge Kathleen Kerrigan’s order and decision recognizing Aegis For Dreams Foundation as a 501(c)(3) organization effective July 2, 2022 is the best tax news I have heard this year. Matthew Ryan, currently the foundation’s sole trustee, has the idea of raising at least $30 million to make a highly accurate film
By Barbara J. Tuttle, Next Avenue After a particularly stressful work week, Jane Tafel told her husband, Mark, “I just don’t want to work this hard anymore.” She had a rewarding job as vice-president of development at a community and workforce nonprofit in Minneapolis. Still a couple of years shy of 60, she planned to
Masten Space Systems’ Xombie© lander completes a flight test at the Mojave Spaceport in 2019. NASA/Lauren Hughes Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a handful of people after layoffs and furloughs. The space company declared as its debts ballooned, tracing back to
In this article AMZN Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit shares rose 3.9% in premarket trading after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. That follows yesterday’s rejection by shareholders of Spirit’s previous deal to merge with Frontier Airlines parent Frontier
Calling all enthusiasts of European and modern design: this extensively remodeled, transitional home in Portland, Oregon, features a combination of contemporary flair, traditional elements and exquisite details. Built in 1982, the 7,700-square-foot home also benefits from its location in the Dunthorpe suburb, one of the most sought-after neighborhoods in the area. Throughout the years, the
Someone in Illinois bought the winning ticket, and if he or she does like most winners, they will take the lump sum, not the annuity. The $1.28 billion prize, which is the second-largest jackpot in Mega Millions lottery history, can be claimed in a lump sum or over time. The 1.28 billion is only if
By Leslie Hunter-Gadsden, Next Avenue Let’s face it. No matter how well thought out an entrepreneur’s business plan is, during the first 12 to 24 months of a new business, things will happen that are different from what was expected. Startup owners must be able to pivot or tweak their businesses in order to survive
In this article JBLU SAVE Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to
In this article AAPL Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker. Apple stock rose over 3% in extended trading. Here are the key numbers compared to what Wall Street was expecting, per Refinitiv estimates: EPS: $1.20
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