In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. Joe Raedle | Getty Images American Airlines raised its adjusted earnings outlook for the second quarter thanks to strong travel demand and lower fuel prices. Adjusted per-share
Month: May 2023
In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty Images Nordstrom‘s fiscal first-quarter sales topped Wall Street’s expectations on Wednesday, even as the retailer reported a spending drop and predicted slower sales in the coming months.
In this article AI INTC NVDA CAR AAP Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, US, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Intel — Shares popped about 4% after the chipmaker’s finance
French luxury group LVMH Chairman and Chief Executive Officer Bernard Arnault Eric Piermont | AFP | Getty Images While younger tech billionaires like Elon Musk, 51, and Mark Zuckerberg, 39, may dominate the wealth headlines, the majority of the world’s billionaires are over retirement age, according to a new study. The median age of the
Halfpoint Images | Moment | Getty Images Americans’ confidence that they can live comfortably in retirement has dropped the most since the global financial crisis in 2008, according to a recent report from the Employee Benefit Research Institute and Greenwald Research. One reason for that is high inflation, which has reduced both workers’ and retirees’
Artificial intelligence is advancing so rapidly, it can be hard to speculate about its effects on elders. What we can see is that applied to healthcare, it could be very positive. For older adults with multiple chronic conditions, there are different doctors with different perspectives, each a specialist in one thing. For anyone who has
House Speaker Kevin McCarthy (R-CA) and President Joe Biden reached an agreement over the weekend to limit spending for a small fraction of the federal government for a couple of years. But it would not come close to materially reducing annual deficits or slowing the growth of the national debt, which the Congressional Budget Office
Rooftop pools crowning upscale residential buildings are a more and more popular amenity. As selling points for renters and condominium buyers, they’re more than high-altitude, photogenic features enabling relaxation, recreation, remarkable views and the chance to test different brands of sun block. In many buildings, rooftop pools and sundecks are the primary setting where urban
Travelers arrive for flights at O’Hare Airport on May 25, 2023 in Chicago, Illinois. Scott Olson | Getty Images Memorial Day air travel surpassed pre-Covid pandemic levels, showing how consumers continue to shell out for trips despite persistent inflation. The Transportation Security Administration screened 9.79 million people from Friday through Monday, up slightly from the
A Mastercard debit card from U.K. digital bank Monzo. Monzo Monzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of the U.K.’s most prominent digital banks. In its annual report for the year ending February 2023, Monzo reported net operating income of £214.5 million ($266.1
Christine Lagarde (R), President of the European Central Bank (ECB), and Vicepresident Luis de Guindos (L) Thomas Lohnes | Getty Images News | Getty Images Financial markets could face a sharp downturn in the event of any further shocks to the global economy, European Central Bank Vice-President Luis de Guindos told CNBC on Wednesday. Earlier
Miniseries | E+ | Getty Images Americans have suffered in “declines in overall financial well-being,” according to a new annual Federal Reserve report on economic well-being of U.S. households released last week. Only 63% of all adults can cover an unexpected $400 expense, the report on 2022 found, down from a high of about 68%
As a retirement writer who is working past his normal retirement age, I’ve witnessed a lot of people transition from work to retirement. And I’ve noticed that a source of stress for many is determining which things have to happen at retirement versus which decisions can wait. While every retirement is unique, these are my
A German lawyer widely regarded as the mastermind of a massive tax fraud scheme has been sentenced to an additional eight years and three months in jail. Hanno Berger had already received an eight-year jail sentence last December for his role in the cum-ex scheme, which has been called “the biggest tax theft in the
Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury condos. The reason behind this comes down to scarcity. Because cities limit the amount of housing that can be built, developers focus on attracting the wealthiest occupants instead of catering to everyone. Consider this metaphor: Imagine you are
In this article NFLX 4755.T-JP WBD Follow your favorite stocksCREATE FREE ACCOUNT Scene from “Squid Game” by Netflix Source: Netflix The popularity of Netflix‘s hit drama “Squid Game” and other Korean series, as well as the recent success of films like “Minari” and “Everything Everywhere All At Once,” has helped boost the demand for Asian
Flights of Air China are parked on the tarmac of Beijing Capital International Airport in Beijing, China, March 28, 2016. Kim Kyung Hoon | Reuters BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report. In contrast, flights between mainland China
Visitors at the U.S. Capitol in Washington, D.C., on May 24, 2023. Jonathan Ernst | Reuters A tentative deal to raise the debt ceiling limit includes up to $21.4 billion of IRS budget cuts, slashing part of the nearly $80 billion in agency funding enacted last August to boost taxpayer service, technology and enforcement. The
Several years ago, a Cambridge study suggested auto-enrollment alone would not solve the dilemma of too few younger employees saving enough for retirement. More recently, the Society for Human Resource Management’s 2020 Employee Benefits report concluded, “51 percent of respondents automatically enroll new or existing employees into a 401(k)-type plan, up from 39 percent in
For decades, the idea of being subjected to an Internal Revenue Service (IRS) audit has inspired fear in the minds of taxpayers. For Black Americans, that fear has escalated due to the disproportionate number of audits completed for the demographic. The recent cash infusion of $80 billion dollars to the IRS has lawmakers and taxpayers
- 1
- 2
- 3
- …
- 26
- Next Page »