Stephen Frink | The Image Bank | Getty Images Investors can get swept away by the fear or euphoria of the recent past, and it often costs them financially. Recency bias is the tendency to put too much emphasis on recent events, such as a stock-market rout, the meteoric rise of bitcoin or a meme
Month: July 2023
Scammers will find a way to trick older people with the most underhanded schemes. Most older folks receive Social Security and it is an important income source for many retirees. When someone calls them and tells them that there is “legal activity” or that someone is using their Social Security number illegally, it creates alarm.
On July 20, teams representing 32 countries kicked off FIFA Women’s World Cup play in Australia and New Zealand. Teams are initially engaged in round-robin style play before heading to the knockouts. The competition is just the 9th time teams will play for the Cup—the first official Women’s World Cup was played in 1991 in
Roll the opening credits of the 1969 John Wayne classic True Grit and you’ll see a scene largely unchanged today. It’s the rugged barn and old school at a ranch for sale in Placerville, Colorado. The San Juan Mountains stretch along the distant horizon. Called True Grit West, the scenic property encompasses 336 acres on
In this article STLA F GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT – In already-contentious labor talks between the United Auto Workers union and
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines on Thursday raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest
Kara Birnbaum / CNBC Check out the companies making headlines before the bell. American Express — American Express slid 3% after posting smaller-than-expected revenue for the previous quarter, even as earnings per share beat expectations. The company reported second-quarter earnings of $2.89 per share on revenue of $15.05 billion. Analysts polled by Refinitiv had expected
Barbara Corcoran knows what it takes to catapult your career to the next level. In her 20s, the multi-millionaire worked as a receptionist for the Giffuni Brothers’ real estate company in New York City. She later founded her own residential real estate company, The Corcoran Group, with just $1,000 — and later sold it for
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images After a pause last month, experts predict the Federal Reserve likely will raise rates by a quarter of a point at the conclusion of its meeting next week. Fed officials have pledged not to be complacent about the rising cost of
Whether it is manufacturers, clothing designers, software developers, plant breeders, winemakers, or engineers, businesses across New York State are shocked to hear how significantly their federal tax bills are increasing for the 2022 taxable year even when their earnings remain the same. It is every accountant’s nightmare to explain that the ability to immediately deduct
When property owners want to build anything, they need to get a building permit. For many projects, they often also need to get a potentially wide range of discretionary approvals from municipal authorities. Those permits and approvals often require a developer to deliver a range of “community benefits” in exchange, which can entail a protracted
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT AMC Movie theatre in New York. Scott Mlyn | CNBC AMC Entertainment dropped its plans to charge customers variable prices for movie theater seats. The company announced its “Sightline” pricing strategy in February and tested it out at select locations in three U.S. markets. The
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations, and lifted its full-year guidance as sales from the company’s medtech business jumped. The medtech division provides devices for surgeries, orthopedics and vision. The company is benefiting from a
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in Malaysia, the latest in the company’s e-commerce push into Southeast Asia. TikTok Shop will include Atome as a
This year, consumers are spending more on back-to-school supplies and coughing up more to cover a particular kind of credit card fee at the same time. Total back-to-school spending is expected to reach a record $41.5 billion with another $94 billion in college shopping, according to the National Retail Federation. related investing news Behind Prime
Powerball reports that a single lottery ticket purchased in California has won the $1.08 billion Powerball jackpot by matching all the numbers: 7, 10, 11, 13, 24 and red Powerball 24. The lucky winner has a choice between a lump sum payment of $558.1 million or a stream of annuity payments for the next 29
Many first-time visitors to the West London district of Notting Hill arrive with a handful of preconceptions grown from a passing familiarity with the Portobello Road Market, the annual Notting Hill Carnival or the 1990s romantic comedy that bears its name. Not all presumptions are inaccurate, however, and in the case of Notting Hill, these
Supporters hold up Save Medicaid signs during the Senate Democrats’ news conference at the Capitol with disability advocates to oppose the Republicans’ Graham-Cassidy health-care bill. Bill Clark | CQ-Roll Call, Inc. | Getty Images Nearly three million people have been kicked off Medicaid since Covid-19 pandemic protections expired in April, with three-quarters of those individuals
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Kenvue reported second-quarter revenue and adjusted earnings that topped expectations Thursday in the consumer health company’s first quarterly report since it spun out from Johnson & Johnson two
A CSX freight train is seen in Orlando, Florida. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in after-hours trading. CSX — The transportation company dropped 5% after missing Wall Street expectations for revenue in the second quarter, coming in at $3.7 billion against a $3.74 billion estimate from analysts
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