Prospective buyers attend an open house at a home for sale in Larchmont, New York, on Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images As high home prices and interest rates push up monthly mortgage payments, it’s harder for many consumers to even get a mortgage in the first place. Last year, lenders
Month: October 2023
A close-up of a sign of Britain’s Metro Bank. Matthew Horwood | Getty Images LONDON — Shares of Britain’s Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close. They have since slightly pared losses, having resumed again trading
Who killed local and print journalism? The industry will tell you that Google and Meta are at fault because of their massive transformation of information sharing — and tight control over digital advertising. Google and Meta will tell you that they’re not to blame; rather, the internet fundamentally changed how we encounter and consume news
With mortgage rates higher than they had been in the recent past, plus high home prices and tightening available inventory, America’s real estate market has put prospective homebuyers in a difficult spot. Despite all this, housing markets across the country have remained very active. And, as a result, real estate agents and brokers have remained
In this article YUM QSR QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT A Popeyes restaurant is seen in Washington, D.C. Eric Baradat | AFP | Getty Images Popeyes has overtaken KFC as the No. 2 chicken chain in the U.S., a decade after Chick-fil-A first unseated KFC from the top spot. Chicken chains’ battle for
President Joe Biden holds a Cabinet meeting at the White House on Oct. 2, 2023. Kevin Dietsch | Getty Images President Joe Biden announced on Wednesday that he’d approve $9 billion in student loan forgiveness for 125,000 Americans. The relief is a result of his administration’s fixes to a number of programs, including the income-driven
The Fluor Corporation logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Fluor Corporation — The engineering and construction company gained 2% after UBS upgraded Fluor shares to buy. The Wall Street firm is bullish on Fluor after reaching agreements to complete
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced “continued concerns” about the employee retention credit, or ERC,
It may feel like you just filed your 2022 taxes, but now is the time for you to lower your 2023 tax bill. Year’s end will be here before you know it, and this is the deadline for several valuable tax-planning strategies available to the self-employed. If you don’t want to leave the IRS a
We live and breathe technology in every facet of our daily lives, be it checking our phones for news in the morning, collaborating with colleagues remotely on video calls, connecting with old friends via social media, or shooting off last-minute emails before bed. We expect our apps to function quickly and seamlessly for our always-online
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Visitors can avoid lines at Disney World if they buy into the system. Joseph Prezioso | Anadolu Agency | Getty Images It’s about to be cheaper for families to visit Disney’s domestic theme parks. The Walt Disney Company on Wednesday announced new, limited time discounts
Brian Snyder | Reuters With competition at an all-time high and admissions practices increasingly unclear, it’s not an easy time for college applicants. As colleges are being forced to rethink their policies in the wake of the Supreme Court‘s ruling against affirmative action, more schools are also choosing to end legacy preferences, adding uncertainty to the process. “There’s
In this article NVS CALM Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 2.5% after the chipmaker announced it would be operating its programmable chip
With a boost from a growing number of cities and states, the souped up two-wheelers are increasingly displacing cars for short trips — and outselling EVs. By Rina Torchinsky, Forbes Staff Last Tuesday, at 11 a.m. local time, the city and county of Denver put the latest batch of applications for e-bike rebates online. By
In this article NVAX Follow your favorite stocksCREATE FREE ACCOUNT A vial labelled “Novavax V COVID-19 Vaccine” is seen in this illustration taken January 16, 2022. Dado Ruvic | Reuters The Food and Drug Administration on Tuesday authorized Novavax‘s updated Covid vaccine for emergency use in people ages 12 and up, putting the shot on
An activist at the offices of Rep. Michelle Park Steel in Cypress, California, on Feb. 24, 2023 Araya Doheny | Getty Images Social Security is essential to older Americans’ financial security, yet there always seems to be a new headline about how the benefits are at risk. Douglas Boneparth, a certified financial planner and president
“Financial inclusion,” defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S., according to new industry research. The U.S. fell to fourth place, from second, this year in the second annual Global Financial Inclusion Index compiled by the Centre for Economics and Business Research in London and
Mark Cuban doesn’t usually invest in companies with unclear branding — but the billionaire may have recently had a change of heart. The company, called Gatsby Chocolate, appeared on Friday’s season premiere of ABC’s “Shark Tank.” Its co-founders, brothers Doug and Ryan Bouton, created a chocolate bar with “about half the calories and up to
Pick up a publication, turn on the TV, and you’re likely to find something like this. “Inflation Reduction Act Continues to Lower Out-of-Pocket Prescription Drug Costs for Drugs with Price Increases Above Inflation” Or this. “FACT SHEET: Seniors Across the Country Are Saving Millions of Dollars in Health Care Costs Because of President Biden’s Prescription
The Supreme Court will not hear a Michigan foreclosure case related to a tax delinquency. On Oct. 2, 2023, the nation’s highest court denied the petition for a writ of certiorari. The focus of the case was whether foreclosing on a home for not timely paying property taxes constituted a violation of the federal Takings