In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. LOS ANGELES – Warner Bros. has a sandworm-sized dilemma on its hands: Keep the fall release date for its highly anticipated “Dune: Part Two” and risk not having its star-studded cast promote it – or bump
Month: August 2023
For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on those regular paychecks to meet essential living expenses, with little to no money left over. Almost three-quarters, 72%, of Americans say they aren’t financially secure
In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to
Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers
Topline Chinese real estate giant Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday—a blow following years of financial struggle that helped ignite China’s ongoing property crisis. Key Facts The filing will allow Evergrande to protect itself and its assets in the U.S. while it works through a multi-billion dollar restructuring
Share to Facebook Share to Twitter Share to Linkedin What Are Index Funds? Index funds are a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index such as the S&P 500. Unlike actively managed funds, where fund managers make individual security selections to try and
In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT (L) A customer pushes a shopping cart full of groceries outside a Wal-Mart n Rogers, Arkansas, and (R) A pedestrian passes a Target store in the Tenleytown neighborhood of Washington, DC. Getty Images Target and Walmart are both catering to thriftier shoppers, but the
Peopleimages | Istock | Getty Images While many young couples may hope to tie the knot one day, some are spooked by high costs. Some three-quarters, or 75%, of Gen Z and millennial couples said it’s too expensive to get married in the current economy, according to a survey by the Thriving Center of Psychology. The
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company
Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to open their wallets. JD.com, Tencent and Alibaba this
Silicon Valley tech execs who want to buy property in the Lake Tahoe area are changing it up. Cabin in the woods? Too traditional. Lifestyle community? Too many rules. Northern California’s wealthy elite instead are seeking large tracts of land in remote areas for an authentic mountain experience, a place where they can connect with
The IRS recently issued some short-term guidance on required minimum distributions for IRAs, especially inherited IRAs. The IRS isn’t ready to issue final regulations on the changes made to RMDs by the SECURE Act and other recent legislation. It issued proposed regulations on inherited IRAs in the spring of 2022 and still is considering the
On August 16, 2022, President Biden signed the Inflation Reduction Act, which affects tax, energy, and healthcare laws. Its tax measures primarily include: a corporate alternative minimum tax; an excise tax on corporate stock repurchases; increased funding for the IRS; extensions of Affordable Care Act credits; and green energy credits. Corporate AMT The IRA imposes
In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit with Sen. Bernie Sanders, of Vermont, far left, Sept. 25, 2019. Michael Wayland | CNBC DETROIT – If the United Auto Workers union decides to strike against Detroit’s
Koron | Moment | Getty Images Samantha Costanza went on a first date with a man she’d met on a dating app in January 2022. They got to know each other as they both sipped on hot cider because of the cold at the Brooklyn, New York, bar where they’d agreed to meet. When it
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Atchison, Kansas. Walmart store logo with gardening products for sale. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Walmart will report fiscal second-quarter earnings before the bell on Thursday, as the discounter tries to capitalize on
Traders work on the floor of the New York Stock Exchange (NYSE), August 15, 2023. Brendan McDermid | Reuters China’s economic model is “washed up on the beach” and “not going to take off again,” which will have a big impact on global markets, says veteran investor David Roche. Despite a remarkable rally in stock
After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble. Helped in part by improved market conditions, retirement account balances increased in the first half of the year. However, the share of participants that tapped hardship withdrawals rose, as well, according to recent reports
The costs to purchase a new home right now continue to escalate, putting it out of reach for much of the population, driving more households to stay in place and do what they can to maintain, repurpose and reimagine their homes. Many of the households currently on 15- and 30-year mortgage payment plans are at
Another summer, another stark reminder of the reality of climate change. Wildfires on Maui caused widespread destruction and the highest death toll in more than 140 years. The southern US buckled under a brutal and historic heat wave. Flash floods inundated Vermont and other northern states. And, hurricane season has only begun, potentially fueled by
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