The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that’s costing Americans billions of dollars every year: online romance scams. These digital crimes have proliferated since the pandemic, as criminals pose as attractive partners and reach out to lonely Americans on social media. “We
Month: February 2024
Image Source | Image Source | Getty Images As Americans file returns this season, some worry about IRS audits amid agency efforts to ramp up service, technology and enforcement. Recent IRS enforcement has targeted high-income individuals, large corporations and complex partnerships. But everyday filers could still face an audit — and certain issues are more
In this article KO Follow your favorite stocksCREATE FREE ACCOUNT Bottles of Coca-Cola are displayed in San Anselmo, California, on April 24, 2023. Justin Sullivan | Getty Images Coca-Cola is expected to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings
In this article BIIB Follow your favorite stocksCREATE FREE ACCOUNT A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Biogen on Tuesday reported fourth-quarter revenue and profit that shrank from a year ago, as it recorded charges related to dropping its controversial Alzheimer’s drug Aduhelm and as sales slumped in its multiple sclerosis therapies, the
US President Joe Biden arrives to board Air Force One at Joint Base Andrews in Maryland, on August 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images It’s never been a better time to get rid of your student debt. Although President Joe Biden’s plans to cancel up to $400 billion in student debt for
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Tiger Woods at the practice range on April 5, 2022, before the start of the 2022 Masters at Augusta National Golf Club in Augusta, Georgia. Brian Spurlock | Icon Sportswire | Getty Images Tiger Woods and TaylorMade have made it official. The golf great has
Jodi Jacobson | E+ | Getty Images More than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University’s Joint Center for Housing Studies. That exposure isn’t spread evenly. While most states have at least one “high-risk” county with 2,000 or more
In this article XLV XLC XLP Follow your favorite stocksCREATE FREE ACCOUNT Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s
Artistgndphotography | E+ | Getty Images With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported last week. So far, the average refund is $1,395, compared with $1,963 one year ago, which is roughly 29% smaller. However, since the
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs/CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to
Anna Bizon | Gallo Images Roots Rf Collection | Getty Images President Joe Biden took to social media ahead of the Super Bowl on Sunday to take a jab at snack companies that are giving consumers less food for their money. The phenomenon called shrinkflation — where consumer products become smaller in quantity, size or
Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Over two thousand attendees are descending on the Fontainebleau Hotel in Miami Beach for the annual Exchange ETF conference. To entice participants, the organizers rented out the entire LIV Nightclub Miami at the hotel for a Super Bowl party Sunday night. While much of the conference
Revolut is launching a travel eSIM plan in the U.K., in a rare move for a financial services firm. Revolut British financial technology company Revolut is launching phone plans in the U.K., the company has told CNBC exclusively, making it the first financial services firm in the country to offer telecom plans — and among
Ivory Johnson, Sr., and Catherine Johnson Courtesy Ivory Johnson Dementia, according to the Mayo Clinic, is an umbrella term used to describe a group of symptoms affecting memory, thinking and social abilities and is caused most often by Alzheimer’s disease. Alzheimer’s affects 1 in 9 Americans age 65 and older — an estimated 6.7 million
Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty Images As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for the environment than
Colin Anderson Productions Pty Ltd | Digitalvision | Getty Images Money can’t buy love. But a lot of it can get you matchmaker Barbie Adler. Adler, founder of the elite matchmaking company Selective Search, boasts that 1 in 3 of her clients fall for the first person they’re paired with. “It’s really quick,” Adler said.
In this article EPD VZ MPLX VZ Follow your favorite stocksCREATE FREE ACCOUNT People visit the Verizon stand at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2023. Nacho Doce | Reuters A strong fourth-quarter earnings season is underway, and it’s time for dividend-paying companies to shine. Resilient dividend-paying companies can offer long-term
Marriage is hard, and money makes it harder. Merging two lives, two beings who are always changing, is a delicate balance of individual autonomy and collective submission that requires perpetual calibration. Into this fragile ecosystem, each partner brings their own financial history, and the balance sheet—what you own and what you owe—is just the beginning.
Some say money is the root of all evil; it can also be the secret to a happy marriage. Co-mingling accounts may lead to less frequent fights about money, according to a report by LendingTree. Of those who have at least a joint account, only 12% said financial issues caused problems with their partner, compared to
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