The T-Mobile logo is displayed on a laptop screen and a smartphone, seen in this illustration photo taken in Krakow, Poland, Feb. 22, 2024. Jakub Porzycki | Nurphoto | Getty Images The July consumer price index reading indicated cooling inflation and July retail sales addressed investors’ fears about an economic slowdown. They also boosted hopes
The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data. “We think that the time is approaching,” Fed Chair Jerome Powell said at a press conference after the last Federal Open Market Committee meeting in July. For Americans struggling to keep up with sky-high interest charges, a likely September rate cut may bring some
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Hugh Jackman and Ryan Reynolds star in Marvel’s “Deadpool & Wolverine.” Disney The trio of Ryan Reynolds, Hugh Jackman and Shawn Levy has captured lightning in a bottle with “Deadpool & Wolverine.” As of Thursday, the Disney and Marvel film is the highest-grossing R-rated title
Polaris Dawn commander Jared Isaacman during spacesuit testing. John Kraus / Polaris Program SpaceX is preparing to launch its next private mission by the end of the month, featuring the first attempt to have the astronauts step out into space. The Polaris Dawn mission — the first of three flights billionaire and Shift4 founder Jared
Mimi Lam, co-founder and chief executive officer of Superette, arranges cannabis-infused beverages at the Superette Sip ‘N’ Smoke cannabis dispensary in Toronto, Ontario, Canada, on Monday, Oct. 25, 2021. Della Robbins | Bloomberg | Getty Images More Americans are looking for alcohol alternatives, and beverage makers that tout the health benefits of their drinks are
Kumikomini | Istock | Getty Images In 2004, Sabrina Finch returned to school to become a nurse. Her mother, Rebecca, was excited for Sabrina, then in her early 30s, to finally have a career. She’d watched for years as Sabrina struggled to get by working low-wage jobs, including in fast-food restaurants and factories. As a
Elder fraud is exploding, while crypto and speedy money transfers are making it tougher to recover stolen funds. Here are tips for staying safe. By Kelly Phillips Erb, Forbes Staff The call began with a seemingly routine request. “I was wondering if you could help me with an international inheritance case,’’ the older woman said.
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. Rebecca Cook | Reuters DETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon, accusing
Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8, 2022. Mandel Ngan | AFP | Getty Images The federal minimum wage recently marked a new anniversary. But for affected workers, that may not be something to celebrate. The federal minimum wage has now been
A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at Soldier Field in Chicago on Dec. 20, 2021. Icon Sportswire | Icon Sportswire | Getty Images A U.S. judge temporarily blocked media
Palo Alto Networks stock has been on a tear into Monday’s fourth-quarter earnings report, entering Friday’s session up nearly 17% since Aug. 5 compared to a roughly 7% gain for the S & P 500 . Translation: Investor expectations of the cybersecurity leader are high. Is this the quarter the company gets back to beating
U.S. Vice President Kamala Harris speaks at an event with U.S. President Joe Biden (not pictured) in Prince George’s County, Maryland, U.S., August 15, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris on Friday unveiled an economic plan, including an expanded child tax credit worth up to $6,000 in total tax relief for families
Retirees with more guaranteed lifetime income spend more in retirement and do so without worrying about running out of money. The additional spending is meaningful, according to researchers David Blanchett and Michael Finke, who recently updated research they produced in 2021. Retirees who receive steady income from Social Security, pensions, and annuities spend about twice
In this article CMCSA WBD NFLX PARA DIS Follow your favorite stocksCREATE FREE ACCOUNT Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes. Legacy media
General view of the UBS building in Manhattan, New York City, on June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss banking giant UBS on Wednesday smashed net profit expectations for the second quarter, amid cost-cutting steps and swelling revenue at the lender’s global wealth management and investment
In this article BRK.A KO AAPL Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC A coincidence or master plan? Warren Buffett now owns the exact same number of shares of Apple as he does Coca-Cola after slashing the tech
In this article BLDE UP Follow your favorite stocksCREATE FREE ACCOUNT A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington’s Reagan National Airport on June 12, 2024, in Arlington, Virginia. J. David Ake | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert
Halfpoint Images | Moment | Getty Images With the federal government’s ability to forgive student debt up in the air, experts say it would behoove borrowers to explore the many state-level relief programs available. “Most states have one, especially if you’re in health care,” said Betsy Mayotte, president of The Institute of Student Loan Advisors, a
Many pre-retirees find they haven’t saved enough money to generate sufficient retirement income to support the life they want in retirement. If this describes you, it’s understandable that you might be disappointed and frustrated as you move closer to retirement. Your most realistic course of action? Look for your retirement Plan B. This post describes
In this article NVGS Follow your favorite stocksCREATE FREE ACCOUNT 2025 Lincoln Navigator Lincoln Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a “sanctuary” for spa lovers and gamers alike. The new feature comes as the automaker has redesigned the exterior and interior of the