The United States has a high cost of living. The average American household spends $66,928 per year, according to the latest Consumer Expenditures report from the Bureau of Labor Statistics. More than 70% of this amount went to necessities—things like housing, transportation, food, and health care. With inflation currently running at 6.4%, costs are only
Month: March 2023
Beyoncé’s announcement of her Renaissance World Tour has triggered an odd tax discussion as you can see from the tweet below. Amanda Orson like Beyoncé was born in 1981. Orson, currently CEO of Curve US, counts herself an elder millennial. Curve sponsors a one-of-a-kind digital wallet that empowers you to maximize rewards from your existing
Topline Data released by the S&P Corelogic Case-Shiller index, a leading measure of U.S. home prices, shows home prices continued to drop across the U.S. through December, with major cities like Seattle and San Francisco among those showing the biggest declines. Key Facts On Tuesday, S&P Dow Jones Indices reported home prices have ticked down
Leylah Annie Fernandez of Canada returns a backhand against Anastasia Pavlyuchenkova of Russia during their singles first round match in the Internazionali BNL D’Italia at Foro Italico on May 09, 2022 in Rome, Italy. Alex Pantling | Getty Images Leylah Fernandez is no ordinary 20-year-old. She is ranked among the top tennis players in the
In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from other EV startups. The company on Thursday reported an 84% increase in revenue for 2022 to
Ken Griffin, the founder and CEO of Citadel, in 2014. E. Jason Wambsgans | Tribune News Service | Getty Images Billionaire investor Ken Griffin’s flagship hedge fund matched the broader market’s performance in the beginning of 2023 following a record year, according to a person familiar with the returns. Citadel’s multi-strategy flagship Wellington fund gained
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters The Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner amid fierce debate over the agency’s $80 billion in funding. Following a confirmation hearing on Feb. 15,
A sign calling for student loan debt relief is seen in front of the Supreme Court as the justices are scheduled to hear oral arguments in two cases involving President Joe Biden’s bid to reinstate his plan to cancel billions of dollars in student debt in Washington, U.S., February 28, 2023. Nathan Howard | Reuters
By Nancy Collamer, Next Avenue The latest labor market data confirmed that the job market remains remarkably resilient. In January, the U.S. economy added an eye-popping 517,000 jobs and the unemployment rate fell to 3.4%, the lowest in more than a half-century. Still, even in a strong job market, fortunes vary as evidenced by recent
When the NCAA issued its “interim” policy statement in June 2021 suspending rules that had prevented college athletes from monetizing their rights of publicity – and despite the fact that the “interim” statement and more recent supplemental guidance both emphasized that “pay-for-play and improper recruitment” incentives were still prohibited – it was perhaps inevitable that
The massive Texas ranch of the late oil billionaire T. Boone Pickens has sold at a $60 million price cut after languishing on the market for five years. Located in the northeast corner of the Texas Panhandle, Mesa Vista stretches for over 100 square miles and almost 37,000 acres along 25 miles of the Canadian
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor plans to restart production of its electric F-150 Lightning pickup on March 13 – more than
In this article M Follow your favorite stocksCREATE FREE ACCOUNT People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares jumped Thursday, as the company said it drew holiday shoppers looking for gifts and held the
In this article ZS AI CHPT HPE MRVL DELL Follow your favorite stocksCREATE FREE ACCOUNT Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell. Zscaler – Shares
Justices on the bench hearing arguments about the student loan forgiveness program. Source: Bill Hennessy There were many tense moments Tuesday as the nine Supreme Court justices grilled the plaintiffs challenging the Biden administration’s student loan forgiveness plan and the government attorney defending the policy. The Supreme Court agreed to hear two challenges against President
By Richard Eisenberg, Next Avenue There’s good news and weird news when it comes to age-friendly jobs in America. The good news, according to a recent research paper, “The Rise of Age-Friendly Jobs,” by three noted economists, is that between 1990 and 2020, roughly three-quarters of U.S. occupations increased their age-friendliness. Specifically, employment in what
Most people think of sunken treasures like gold coins or bullion, but whiskey is sometimes recovered, too. If it’s well preserved, it can be invaluable. In 2021, a single bottle of scotch salvaged from the SS Politician off the coast of Scotland brought £12,925 at auction. Now, 280 barrels of American whiskey could be salvaged
A majority of Americans who sold a home for the first time in the past two years wish they had done something differently, according to a recent survey. Even in a sellers’ market, many recent first-time sellers have regrets about the pricing, timing or marketing of their home, a new Zillow survey conducted online by
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching a feature on ESPN.com and its free ESPN app that will link users
In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering. Jeff Greenberg | Universal Images Group | Getty Images Nordstrom on Thursday reported lower sales and profits for the holiday quarter, although earnings topped Wall Street’s expectations. The company said it