Air conditioner units for sale during a heat wave in Austin, Texas, on Tuesday, July 19, 2022. Sergio Flores | Bloomberg | Getty Images Labor Day deals are already underway, with big discounts on summer clothing, appliances and outdoor furniture. “Sales have already started,” said Julie Ramhold, a consumer analyst at DealNews.com. For cash-strapped consumers, this
Month: August 2022
Customers shop at a Walmart in Houston on Aug. 4, 2021. Brandon Bell | Getty Images After a year-long dip, household cash flow will begin growing again right after Christmas, and accelerate through the new year, according to new research by analysts at Goldman Sachs. These gains will reverse a year of negative growth of
President Biden and congressional Democrats won a big policy battle when Congress enacted the Inflation Reduction Act (IRA), despite unanimous Republican opposition. But who will win the political battle? That will depend on who best can frame this complex piece of legislation. Will Democrats convince voters that the law is all about lowering inflation, reducing
After a lifetime of working, many seniors have decided to travel the country in a recreational vehicle, commonly known as an RV. How many do this is anyone’s guess but there are plenty. One website notes one million Americans live in RVs. An RV statistics website reports 57% of the respondents who RV are over
Milly Alcock as Rhaenyra Targaryen in HBO’s “House of the Dragon,” a prequel to “Game of Thrones.” Warner Bros. Discovery HBO’s “House of the Dragon” had some pretty big shoes to fill, following in the footsteps of the mega hit “Game of Thrones.” It seems, fans of the high fantasy series were at least intrigued
In this article CTRN Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images LONDON — U.K. inflation is on course to exceed 18% in January as the country’s energy price cap enters the stratosphere, Citi economists are projecting.
The Deep Dive Dubai pool has been verified by Guinness World Records as the world’s deepest swimming pool Deep Dive Dubai DUBAI, United Arab Emirates — Aside from the year-round sun and a mammoth well-serviced international airport, Dubai keeps drawing in hordes of overseas visitors due to an unmatched flair for publicity bolstered by a
Oscar Wong | Moment | Getty Images Most investors think of exchange-traded funds as a simple way to buy a diversified basket of individual stocks tracking an index or with exposure to a particular theme. But now there are also so-called single-stock ETFs, allowing leveraged bets on individual stocks. However, regulators and advisors warn these
Topline The stock market continued to plunge on Monday after the summer rally on Wall Street fizzled out last week, with investors once again growing nervous about aggressive interest rate hikes from the Federal Reserve as experts warn that the “textbook” bear market rally has run out of steam. Key Facts Stocks were on track
It’s no secret the housing market has become more expensive over the last couple of years. Most regions have seen double digit inflation in the cost of homes. This growth has been driven by several factors such as millennials hitting their prime homebuying ages, the desire to have a home rather than rent due to
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC The small, money-losing New Jersey deli that was once the sole asset of a publicly traded company with a bizarre market capitalization of $100 million has been sold and closed, according to a regulatory filing. Your Hometown Deli in Paulsboro, New Jersey, had been “temporarily closed” on
In this article ZM Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. Michael Short | Bloomberg Zoom Video Communications shares fell as much as 9% in extended trading on Monday after
Take a look at some of the biggest movers in the premarket: Signify Health (SGFY) – Signify Health surged 37.5% in premarket trading as a potential bidding war escalates for the home health services provider. Amazon.com (AMZN) and UnitedHealth (UNH) are now said to be among the bidders, according to The Wall Street Journal, which
Hidden behind a stone wall spanning 1,500 feet in one of Connecticut’s wealthiest neighborhoods is a palatial estate with a great room inspired by a Scottish castle. The brick-and-limestone residence, built in 1929, is the most expensive home for sale in New Canaan with a $14.9 million price tag. Prices in the wealthy enclave, about
Srdjanpav | E+ | Getty Images Many companies have announced layoffs in recent weeks, and others have hinted that cuts may be coming. Luckily, there are steps workers can take to prepare. “At the end of day, you can’t control what’s happening in the economy, but you can control building a strong professional resilience,” according
While many businesses were excited to see the extension of the Alternative Fuel Vehicle Refueling Property Credit in the Inflation Reduction Act of 2022 (“IRA”) that President Biden recently signed, I wouldn’t jump to install a recharging station just yet. The ability to claim the credit has narrowed and could surprise the unwary businessperson. While
Share to Facebook Share to Twitter Share to Linkedin Pay less attention to stock prices and more to what your portfolio companies are earning. Is the bear market about to resume? Maybe. But even if it doesn’t, there will be a big correction at some point and then another and then another. What’s your plan
It’s not everyday that you hear about a “buy-two-get-one-free” deal in high-end real estate, but then again there’s nothing average about La Jolla’s Foxhill Estate. Encompassing approximately 30 acres of rolling seaside property, Foxhill Estate was once even larger, totaling 32 acres when it first hit the market back in early 2020. Since then the
In this article F Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor is cutting about 3,000 jobs from its global workforce, as the automaker attempts to lower costs as part of restructuring efforts under CEO Jim Farley. Ford began notifying workers of the reductions on
In this article WYNN AMZN CRM NVDA Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday Monday: AMC — Shares of the theater chain dropped 38% as investors weighed the company’s new preferred share class and news that rival Cineworld
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