A new study published in the New York Times demonstrates some startling findings about loss of ability to make money decisions in older people. The study approaches the issue by looking at debt accumulation and reduced credit scores in elders long before being diagnosed with Alzheimer’s disease or related dementias. The team of economists and
Month: June 2024
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits. The
Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | Getty Images AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the sector has reached
Moyo Studio | E+ | Getty Images With half of 2024 in the rearview mirror and the second half on the horizon, you may be able to give yourself a pat on the back for sticking to the financial goals you set at the start of the year — or, maybe, discover that you’ve veered
Senator Chuck Grassley, a Republican from Iowa and ranking member of the Senate Budget Committee, during a hearing in Washington, DC, on Tuesday, March 12, 2024. Bloomberg | Bloomberg | Getty Images As Congress wrestles with a looming decision over trillions in expiring tax breaks, lawmakers and experts in a Senate Budget Committee hearing debated
In this article 6758.T-JP SONY Follow your favorite stocksCREATE FREE ACCOUNT Interior of an Alamo Drafthouse Cinema theater. Alamo Drafthouse Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday. This is the first time a studio has purchased a theater chain since the Department of Justice’s
Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also raised its full-year outlook and announced a 10-for-1 stock split. Revenue in the Club name’s fiscal 2024 second quarter ended May 5 increased 43% year
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 3alexd | E+ | Getty Images A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming close ties and an imminent investment from General Motors — claims rejected by the automaker. The company,
Customers purchase gas at a station in Chicago, Illinois, June 11, 2024. Scott Olson | Getty Images Inflation fell slightly in May, as positive trends such as lower gasoline prices were counteracted by others including stubbornly high costs for housing. Trends under the surface suggest the fight against inflation continues to bear fruit, albeit slowly,
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023. Mario Anzuoni | Reuters National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing
In this article AVGO Follow your favorite stocksCREATE FREE ACCOUNT Igor Golovniov | Lightrocket | Getty Images Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts’ estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July 15. The stock rose about 10% in
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A holding page for Keith Gill, a Reddit user credited with inspiring GameStop’s rally, before a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images A sell-off in GameStop shares intensified
Chris Wattie | Reuters The Federal Reserve announced Wednesday that it will leave interest rates unchanged. Fresh inflation data issued earlier in the day showed that consumer prices are gradually moderating though remain above the central bank’s target. The Fed’s benchmark fed funds rate has now stood within the range of 5.25% to 5.50% since
Jake Paul is launching a personal care brand geared toward men. Courtesy: W Jake Paul is entering a new arena: skin care. The YouTube influencer-turned-boxer announced on Wednesday the launch of “W,” a skin-care company targeted toward men. The personal care line will feature products priced at less than $10 and will be available at
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Merchandise lines the shelves of a GameStop store on May 28, 2024 in Miami, Florida. Michael Nagle | Bloomberg | Getty Images GameStop raised more than $2 billion in a recent stock sale as the video game company took advantage of a revived meme rally
Stacey Hachenberg, left, and her partner, Sharon Fleming, right, review long-term care options with the help of Fleming’s daughter, Alexa Fleming, center. Van Applegate, CNBC Almost three-quarters — 70% — of people turning 65 will need long-term care in their lifetime, according to a report by the Urban Institute and the Department of Health and
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, ending months of deal discussions without a transaction. National Amusements, which
Martonaphoto | Moment | Getty Images A federal program for people with disabilities and older adults made its first benefit payments 50 years ago. In 1974, Supplemental Security Income, or SSI, began sending the first monthly checks starting at around $140 per individual, or $210 per couple. In 2024, the maximum monthly benefit is $943
In this article NATH Follow your favorite stocksCREATE FREE ACCOUNT Nathan’s Famous Fourth of July International Hot Dog-Eating Contest contestant Joey Chestnut stands next to the Nathan’s mascot Frankster, ahead of the official weigh in ceremony in the Manhattan borough of New York City, New York, U.S., July 2, 2021. Angus Mordant | Reuters The
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares jumped as much as 9% in extended trading on Tuesday after the
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