Peopleimages | Istock | Getty Images While many young couples may hope to tie the knot one day, some are spooked by high costs. Some three-quarters, or 75%, of Gen Z and millennial couples said it’s too expensive to get married in the current economy, according to a survey by the Thriving Center of Psychology. The
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company
Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to open their wallets. JD.com, Tencent and Alibaba this
Silicon Valley tech execs who want to buy property in the Lake Tahoe area are changing it up. Cabin in the woods? Too traditional. Lifestyle community? Too many rules. Northern California’s wealthy elite instead are seeking large tracts of land in remote areas for an authentic mountain experience, a place where they can connect with
The IRS recently issued some short-term guidance on required minimum distributions for IRAs, especially inherited IRAs. The IRS isn’t ready to issue final regulations on the changes made to RMDs by the SECURE Act and other recent legislation. It issued proposed regulations on inherited IRAs in the spring of 2022 and still is considering the
On August 16, 2022, President Biden signed the Inflation Reduction Act, which affects tax, energy, and healthcare laws. Its tax measures primarily include: a corporate alternative minimum tax; an excise tax on corporate stock repurchases; increased funding for the IRS; extensions of Affordable Care Act credits; and green energy credits. Corporate AMT The IRA imposes
In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit with Sen. Bernie Sanders, of Vermont, far left, Sept. 25, 2019. Michael Wayland | CNBC DETROIT – If the United Auto Workers union decides to strike against Detroit’s
Koron | Moment | Getty Images Samantha Costanza went on a first date with a man she’d met on a dating app in January 2022. They got to know each other as they both sipped on hot cider because of the cold at the Brooklyn, New York, bar where they’d agreed to meet. When it
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Atchison, Kansas. Walmart store logo with gardening products for sale. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Walmart will report fiscal second-quarter earnings before the bell on Thursday, as the discounter tries to capitalize on
Traders work on the floor of the New York Stock Exchange (NYSE), August 15, 2023. Brendan McDermid | Reuters China’s economic model is “washed up on the beach” and “not going to take off again,” which will have a big impact on global markets, says veteran investor David Roche. Despite a remarkable rally in stock
After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble. Helped in part by improved market conditions, retirement account balances increased in the first half of the year. However, the share of participants that tapped hardship withdrawals rose, as well, according to recent reports
The costs to purchase a new home right now continue to escalate, putting it out of reach for much of the population, driving more households to stay in place and do what they can to maintain, repurpose and reimagine their homes. Many of the households currently on 15- and 30-year mortgage payment plans are at
Another summer, another stark reminder of the reality of climate change. Wildfires on Maui caused widespread destruction and the highest death toll in more than 140 years. The southern US buckled under a brutal and historic heat wave. Flash floods inundated Vermont and other northern states. And, hurricane season has only begun, potentially fueled by
In this article MAT WBD Follow your favorite stocksCREATE FREE ACCOUNT A scene from the “Barbie” movie. Courtesy: Warner Bros. This Barbie is a box office queen. He’s just Batman. On Tuesday “Barbie” topped $537 million, making it the highest-grossing domestic movie in Warner Bros. Discovery‘s 100-year history. The film surpassed Christopher Nolan’s “The Dark
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has expressed optimism about the medium-term outlook. The strong numbers are attributed to the HKEX’s “diversification away from just the cash business” and the “tremendous” growth
A runner jogs past the Cisco Systems headquarters in San Jose, California, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Cisco Systems — Shares of the computer networking giant gained about 2.5% after posting fiscal fourth-quarter earnings that beat Wall Street’s expectations. The
As a new college application season gets underway, the price tag for higher education is in the spotlight. Now, above all else, students and families are concerned about the rising cost and the student debt that often goes along with it — without considering the schools with the most generous aid packages. To that end,
From its groundbreaking in 1969 as a residential development, private St. John’s Island north of Vero Beach, Florida, has been aimed at those with “discerning tastes.” Fast-forward to 2023, and the private barrier island community of 1,650 acres in Indian River Shores boasts such amenities as three championship golf courses, tennis, a beach club and
Share to Facebook Share to Twitter Share to Linkedin What Are Index Funds? Index funds are a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index such as the S&P 500. Unlike actively managed funds, where fund managers make individual security selections to try and
In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Novo Nordisk‘s blockbuster weight loss injection Wegovy could prevent up to 1.5 million heart attacks, strokes and other