Stephen Curry #30 of the Golden State Warriors drives to the basket against the Los Angeles Lakers during the 2021 NBA Play-In Tournament on May 19, 2021 at STAPLES Center in Los Angeles, California. Adam Pantozzi | National Basketball Association | Getty Images NBA star Steph Curry is now setting his sights on closing the
Month: July 2021
“Loneliness and social isolation in older adults are serious public health risks affecting a significant number of people in the United States and putting them at risk for dementia and other serious medical conditions.” ADVERTISEMENT That’s from the CDC, in their informational content titled, “Loneliness and Social Isolation Linked to Serious Health Conditions.” The material
Scott Olson | Getty Images Inflation surged more in June than it has in more than 10 years, and the news has investors worried. That’s because rising prices can erode a portfolio’s profit. Most simply, as the cost of living swells, your returns don’t go as far. That’s a particularly tough challenge for retirees, who
In this article FXLV Global fitness company F45 Training, backed by actor Mark Wahlberg, made its stock market debut Thursday. Under the ticker symbol FXLV, it started trading on the New York Stock Exchange and went as high as $17.75 per share on its first day for a $1.6 billion market cap. The initial public
The second quarter of 2021 was the busiest since at least 2004 for the Manhattan residential scene, continuing a shift to a seller’s market, according to a recent report from real estate data firm UrbanDigs. More than 4,380 deals were signed in the second quarter, up more than 24% from the previous quarter, and an
The Kardashians are becoming wealthier still. Sisters Kourtney, Kim and Khloe Kardashian won their suit for royalties from the makeup line Kardashian Beauty. After a five-year legal battle, a California State Appeals Court judge agreed that the Kardashians were owed $11.5 million in royalties from Haven Beauty and subsidiary Hillair Capital, who had licensed the
Smoke billows during a fire in an area of the Amazon rainforest near Porto Velho, Rondonia State, Brazil, September 10, 2019. Bruno Kelly | Reuters The Amazon rainforest is emitting more carbon emissions than it can absorb, according to a new study. The rainforest was once a carbon sink — meaning it absorbed more carbon
In this article MS Morgan Stanley on Thursday posted second-quarter profit and revenue that exceeded analysts’ expectations on strength in equities trading and investment banking. Here’s how the bank did: Earnings: $1.85 a share vs. the $1.65 estimate of analysts surveyed by Refinitiv. Revenue: $14.8 billion vs. the $13.98 billion estimate. While rival banks reported
[The stream is slated to start at 9:30 am ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Committee on Banking, Housing and Urban Affairs to conclude his two-day appearance on Capitol Hill to discuss the economy and
A Falcon 9 rocket booster lands after launching the company’s Transporter-2 rideshare mission on June 30, 2021. SpaceX Private investment in space companies hit $4.5 billion in the second quarter, a record for the sector, according to a report on Wednesday by New York-based firm Space Capital. “This was the largest quarter on record for
The web site ProPublica recently reported that billionaire Peter Thiel has a Roth IRA with a value of more than $5 billion. That has leaders in Congress up in arms and talking about passing laws that could affect your IRA. The web site says it obtained IRS data or taxpayers’ filed returns, though it didn’t
kate_sept2004 | E+ | Getty Images It’s a historic day for U.S. families with children. Roughly $15 billion has been sent to 35.2 million families in the first of six advance child tax credit payments, according to the U.S. Treasury Department and IRS. The average payment in the first round is $423, and will reach
The origins of this manor in Brittany, France, date back a millennium to a time when the property held a defensive fort. Henry II of England was eyeing the region then, hoping to annex it as a possession. The medieval structures were added in stages and remained largely untouched until renovation work was undertaken over
The number of drug overdose deaths in the U.S. hit a grim record, as the nation simultaneously battled the Covid-19 pandemic. A total of 93,331 Americans died of a drug overdose in 2020, and that represents nearly a 30% increase from the year before, according to preliminary data from the Centers for Disease Control and
In this article BAC Bank of America shares dropped in Wednesday’s premarket after the banking giant posted second-quarter revenue below analysts’ expectations. Here’s how the bank did: Earnings: $1.03 a share, including a $2 billion tax benefit. Excluding that one-time gain, EPS of 80 cents a share edged out the 77 cents estimate of analysts
A McDonald’s delivery worker walks past pig statues outside an art museum in Beijing on July 10, 2021. Jade Gao | AFP | Getty Images BEIJING — China reported second-quarter GDP growth that came in slightly below expectations, while retail sales and industrial production grew faster than forecast. The country’s gross domestic product increased 7.9%
Mansions seen along the coast of Palm Beach, Fla. Getty Images Prices in Florida’s ultra-rich Palm Beach community hit an all-time high in the second quarter, as brokers grappled with a record-low number of mansions to sell. The average price for a single-family home in Palm Beach hit $11.7 million in the second quarter, up
The chairman and CEO of the world’s largest asset manager told CNBC on Wednesday that he worries about a “silent crisis of retirement,” citing global monetary policies that create disincentives for savers. “Unquestionably, as central banks keep rates low, or negative in Europe, the savers are getting slammed,” BlackRock co-founder Larry Fink said on “Squawk
The pain of inflation is often harshest on the budgets of retirees on fixed incomes. The only bright light of the recent spike in the consumer price index is the potential for a more significant Social Security cost-of-living adjustment (COLA) this year. Estimates of the Social Security COLA in 2021 (for 2022) have been in
zimmytws | iStock | Getty Images The Social Security cost-of-living adjustment for 2022 could be 6.1% due to inflation, according to a new estimate. That would be the biggest increase since 1983, according to non-partisan advocacy group The Senior Citizens League, which calculated the figure. It’s also a bump up from last month’s estimate, when
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