Violetastoimenova | E+ | Getty Images By some measures, Americans have never been more in the red. In the second quarter of 2023, total credit card debt surpassed $1 trillion for the first time ever, which helped bring total household debt to $17.06 trillion, also a fresh record, according to the New York Federal Reserve. But
Month: August 2023
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Spencer Platt | Getty Images News | Getty Images Wells Fargo paid back $40 million to almost 11,000 customers who for years were overcharged on fees for investment advice, the Securities and Exchange Commission said Friday. The bank also agreed to pay a $35 million
High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% in the year up until June, maintaining its top ranking for the eighth consecutive quarter, according to a new report by Knight Frank. According to data
In this article 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 – General Motors’ Ultium Cells has agreed to increase worker pay at its battery
Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021. Yan Cong | Bloomberg | Getty Images Meituan‘s Hong Kong-listed shares fell more than 5% on Friday after CEO Wang Xing warned of a food delivery slowdown in the next quarter. “For our food
In this article HE AFRM MRVL Follow your favorite stocksCREATE FREE ACCOUNT Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell. Marvell Technology — Shares fell more than 3% before the bell despite the company topping Wall Street’s expectations for the recent quarter. Marvell posted earnings of 33 cents per
A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images The Watches of Switzerland Group lost a quarter of its value on Friday morning, heading for the stock’s worst day ever, after luxury watchmaker Rolex announced a
Key Findings New alternative nicotine products offer less harmful methods of consuming nicotine. Switching consumption from combustible cigarettes to the products saves lives. To incentivize switching, safer nicotine products should receive a preferential tax rate compared to combustible cigarettes. Despite conclusive scientific evidence, many Americans believe nicotine is a carcinogen when it is not. Tax
Republican presidential candidates (L-R): former Arkansas Gov. Asa Hutchinson, former New Jersey Gov. Chris Christie, former U.S. Vice President Mike Pence, Florida Gov. Ron DeSantis, Vivek Ramaswamy, former U.N. Ambassador Nikki Haley, U.S. Sen. Tim Scott (R-SC) and North Dakota Gov. Doug Burgum are introduced during the first debate of the GOP primary season hosted
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images The U.S. Department of Justice sued SpaceX on Thursday, alleging Elon Musk’s space company discriminated in its hiring practices against refugees and people granted asylum in
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell testified on the Federal Reserve’s Semi-Annual Monetary Policy Report during the hearing. Win Mcnamee | Getty Images News | Getty Images Since he took over the chair’s position at the Federal Reserve in 2018, Jerome
In a Good Morning America appearance earlier this year, Corcoran doubled down on that advice, saying it’s essential to know what the house you may have viewed in the early afternoon looks like at all times of the day. “People fall in love with the house and think at that moment in time it’s their
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