Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Finance Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 29, 2025. Evelyn Hockstein | Reuters Americans’ credit card balances soared to a record $1.17 trillion in 2024 — and even the wealthy are
In this article ELF EL ULTA COTY Follow your favorite stocksCREATE FREE ACCOUNT An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City. Spencer Platt | Getty Images Several beauty stocks posted major losses this week, as companies such as E.l.f. Beauty
Coroimage | Moment | Getty Images Many workers value remote work to such a degree that they’d take a pay cut to be able to work from home, even on a part-time basis, studies show. The prevalence of remote work ballooned during the Covid-19 pandemic. Many experienced telework perhaps for the first time in their
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back
A truck drives past shipping containers at the Port of Philadelphia, Nov. 6, 2024. Bloomberg | Bloomberg | Getty Images As President Donald Trump begins imposing tariffs on imported goods, some experts question his revenue expectations — including the possibility of replacing the federal income tax. During his presidential campaign, Trump floated an “all tariff
In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares jumped 16% Friday after the
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous
Being part of the “sandwich generation”—adults caught between raising their own children and caring for aging parents—can feel like an endless financial and emotional marathon. Many middle-aged adults are juggling mortgages, college tuition for their kids, and the stunning costs of elder care, not covered by Medicare. The weight of these responsibilities can lead to
In this article ELF Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes E.l.f. Beauty on March 18, 2024, to celebrate its 20th anniversary of founding. The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was “relieved” the new tariff on
Amazon shares fell roughly 4% on Thursday evening despite the e-commerce and cloud giant reporting a stronger-than-expected fourth quarter after the closing bell. The market participants during extended trading took issue with a first-quarter 2025 forecast that missed estimates and a larger-than-expected capital expenditure plan. However, we don’t see either item as thesis-changing. Revenue increased
In this article AAPL MSFT NVDA AMZN META GOOGL TSLA SPHQ AVGO Follow your favorite stocksCREATE FREE ACCOUNT Big Tech’s historic gains could be affecting your portfolio’s makeup — especially if your goal is diversification. Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent
Oleh_slobodeniuk | E+ | Getty Images With tariffs ramping up, the prices on some everyday items will rise as well. That is weighing heavily on American consumers. A recent consumer survey found that 86% of Americans expect price hikes from higher tariffs; and many already have a strategy to cushion the blow. Faced with higher
Medicare Advantage prior authorizations have few friends. Doctors hate them. Patients hate them. Politicians say they hate them and introduce bills to curb them. But how onerous are they really? Less than many people think. But they still create opportunities for insurance companies to maximize profits at the expense of needed care. And they can
General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY Sports The National Collegiate Athletic Association on Thursday updated its transgender student-athlete policy to prohibit trans women from competing in women’s sports, one day after President Donald Trump signed an executive order stating the federal
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday that revenue growth from its cloud-computing business slowed slightly to
D-keine | E+ | Getty Images Many taxpayers qualify for credits worth hundreds or even thousands of dollars — even if you don’t have a federal filing requirement. Generally, you must file a tax return with earnings over a certain threshold, depending on filing status. However, submitting your return can be beneficial, even when it’s not
In this article PVH Follow your favorite stocksCREATE FREE ACCOUNT People shop for clothes at a Calvin Klein store at a mall in Beijing on Feb. 5, 2025. Adek Berry | AFP | Getty Images China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China has toughened its tone following the Trump administration’s opening salvo of trade tariffs. “In the face of one-sided acts of bullying, [China] will definitely
In this article TPR Follow your favorite stocksCREATE FREE ACCOUNT The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024. Charly Triballeau | AFP | Getty Images Shares of Coach parent Tapestry shot up about 15% on Thursday after the company beat holiday-quarter sales expectations and boosted its full-year
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