In this article SIG Signage for Kay Jewelers, a subsidiary of Signet Jewelers Ltd., is displayed on the exterior of a store in New York. Bloomberg | Bloomberg | Getty Images Signet Jewelers on Tuesday said it agreed to buy the off-mall jewelry chain Diamonds Direct USA for $490 million in cash, in a bid
admin
A graphic rendering of a Pelican satellite. Planet Earth imaging and data specialist Planet Labs on Tuesday announced a new line of imagery satellites, called Pelican, as the company prepares to go public later this year. The Pelican satellites are meant to upgrade Planet’s existing constellation of 21 SkySat satellites in orbit, with launches beginning
Hinterhaus Productions Women gave birth to fewer children during the Covid-19 pandemic. If these low U.S. birth rates continue, it could have a lasting economic impact, including retirement and Social Security benefits. The total fertility rate has been declining for years. In 1964, women of childbearing age had an average of 3.2 children. By 1974,
Luis Alvarez | E+ | Getty Images After 18 months, Americans are still dealing with the coronavirus pandemic and struggling economic recovery. Job openings and hiring fell in August, all while the number of workers who quit their jobs hit the highest level in more than two decades, according to the U.S. Department of Labor.
Last week, I spoke with three individuals who discovered recently that they do not have the Medicare coverage they need. Each person’s set of circumstances is unique and their prior decisions, while understandable at the time, have turned out to be less than ideal. Consider Mick, Larry and Samantha. Mick turned 65 in December 2016.
The statutory debt ceiling has its origins in World War I when Congress streamlined federal borrowing by delegating some of its authority to the Treasury Department. And for several decades, the innovation developed smoothly, with lawmakers granting the executive branch more control over the amount and terms of federal borrowing. It took almost a quarter-century for things to
Dr. Scott Gottlieb explained why he’s optimistic about Merck‘s Covid antiviral pill after the drugmaker asked the Food and Drug Administration Monday to authorize its pill to treat people with mild to moderate Covid symptoms. “The topline data from this Merck study was probably the best treatment effect we’ve seen from orally available antiviral drug
Traders work on the floor of the New York Stock Exchange (NYSE) on October 04, 2021 in New York City. Spencer Platt | Getty Images Stock futures were little changed in overnight trading on Monday after Wall Street kicked off the week on a sour note. Futures on the Dow Jones Industrial Average dipped 20
Georgijevic | E+ | Getty Images Although many women lack investing confidence, their portfolios still outperform their male counterparts, according to Fidelity Investments’ 2021 Women and Investing Study. On average, women investors achieve positive returns and surpass men by 40 basis points, or 0.4%, an analysis of annual performance across 5.2 million accounts from January
If you like hitting the dance floor and getting your groove on, you’ll love a luxurious estate in Kinnelon, New Jersey that is an entertainers’ dream home. The $5.999 million home includes its own lower-level nightclub for hanging out with friends and family and dancing the night away. The secluded 13-acre estate about 45 minutes
Passengers queue up at the ticketing counter for Southwest Airlines Sunday, Oct. 10, 2021, in Eppley Airfield in Omaha, Neb. David Zalubowski | AP Southwest Airlines shares tumbled more than 3% in premarket trading Monday after canceling more than 2,000 flights since Saturday, disrupting the travel plan of thousands of people. Southwest canceled 347 flights
Deal-making activities worldwide could hit a record $6 trillion by the end of the year as businesses continue to embrace cheap financing and the pandemic recovery, KPMG has said. Global mergers and acquisition volumes have so far surpassed $4.3 trillion this year, according to Refinitiv data, moving closer to the all-time high of $4.8 trillion
Kieferpix | iStock | Getty Images Time out of work — either planned or not — can have a major impact on your retirement savings. In September, there were still 2.7 million Americans who had been unemployed for 27 weeks or more, according to the latest jobs report from the U.S. Bureau of Labor Statistics.
The month of October is known for a lot of things, shorter days, cooler temperatures, falling leaves and the arrival of pumpkin spice everything—from baked goods to coffee, yogurt, smoothies, beer—and yes, even pumpkin spice turkey. It also marks the start of Medicare’s annual open enrollment period, which begins on October 7 and ends on
Most legal settlements are taxed, but there is often flexibility and the wording matters. Even legal malpractice settlements are usually taxed. The latest example is Carol Holliday v. Commissioner, T.C. Memo. 2021-69, on the heels of several other recent cases. In McKenny, McKenny v. United States, No. 18-10810 (11th Cir. 2020), aff’g in part, rev’g
In this article JNJ MRNA Anjali Sundararaman, a student nurse at San Francisco State University, administers a dose of Moderna COVID-19 vaccine to Cuixia Xu during a vaccination clinic at the Southeast Health Center in the Bayview-Hunters Point neighborhood in San Francisco, California on Monday, Feb. 8, 2021. Stephen Lam | San Francisco Chronicle |
Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
In this article CSG.N-CH LeoPatrizi | E+ | Getty Images More than a year and a half of concerns about inflation, rising interest rates and extreme government spending have increased the uncertainty of the investment markets. For this reason, it is imperative for seasoned and novice investors alike to protect their portfolios. I like to
seksan Mongkhonkhamsao | Moment | Getty Images It’s a question millions of Americans would love the chance to ask: What should I do after my student loans are canceled? The Biden administration has already given more than 450,000 borrowers reason to think about that, after forgiving the debt for certain disabled borrowers and others who
MoMo Productions | DigitalVision | Getty Images Everyone wants their kids to be happy and successful. Teaching them about personal finance and economics can help make that happen. In fact, the lack of that education can be devastating. It can lead to credit card and student loan debt, living paycheck to paycheck and not saving