Skynesher | E+ | Getty Images Recent changes to Medicaid programs, aimed at closing a health coverage gap in the U.S., have left behind some Americans — particularly people of color. Among the non-elderly population in the U.S. — those under age 65 — insured rates rose during the Covid pandemic, with 3.4 million Americans
Month: March 2024
Supply chain disruptions are causing a production backlog at the world’s largest truckmaker, Daimler Trucks. Bloomberg | Getty Images Shares of Daimler Truck hit a fresh all-time high Friday, spiking more than 13.5% in early deals, after posting record full-year profit and announcing a 2 billion euro ($2.16 billion) share buyback program. The German truck
Soaring rents, rising inflation and student debt are among some of the reasons millennials have struggled to purchase their own homes or build up their savings. Catherine Falls Commercial | Moment | Getty Images A gigantic wealth transfer over roughly the next decade will likely make millennials “the richest generation in history,” according to a
Despite a growing need, fewer students are applying for college financial aid. Problems with the new Free Application for Federal Student Aid have discouraged many students and their families from completing an application. As of the last tally, less than five million students have submitted the 2024-25 FAFSA form so far. That’s a fraction of the 17 million
Lacy Schneemann of the Florida Smash returns a shot during a group play Major League Pickleball match against BLQK at Pickle & Chill in Columbus, Ohio, on Oct. 15, 2022. Emilee Chinn | Getty Images Major League Pickleball and the Professional Pickleball Association have completed their long-awaited merger agreement and infused new capital into the
In this article IQ Follow your favorite stocksCREATE FREE ACCOUNT A view of iQiyi’s website featuring a variety TV show, taken on Tuesday, Aug. 22, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese video content and streaming company iQiyi CFO Wang Jun said he is “excited” about potential new business opportunities with the
In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images Shares of New York Community Bancorp fell more than 20% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues
Christie’s auction house in New York. CNBC A version of this first article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Auction house Christie’s just sold a painting for more than $100 million, although the artwork, the
A general view of the Baker Library/Bloomberg Center on February 17, 2024, at Harvard Business School in Allston, MA. Erica Denhoff | Icon Sportswire | Icon Sportswire | Getty Images A Harvard Business School graduate tricked his fellow alumni and associates into investing at least $2.9 million in a Ponzi scheme he ran, New York
Eligible? One in five low to moderate earners eligible to receive a check from the U.S. Treasury aren’t aware that they need to take action now to claim a credit called the Earned Income Tax Credit (EITC). Why are people missing this opportunity to receive extra money? I don’t have the answer, but I’ll guess