Insurance providers CVS Health, UnitedHealth Group, and Humana are experiencing stock declines as the Biden administration announces Medicare Advantage payment rates that fall below insurance companies' expectations.
Mary Trump predicts that Truth Social, Donald Trump's social media venture, is destined to fail due to technical issues, a lack of unique content, and declining user numbers, as the company reveals a $58.2 million loss and minimal revenue in its latest SEC filing.
EV maker Rivian's Q1 EV deliveries remained flat from the previous quarter as the company prepared to reduce costs at its Normal, IL plant, but still surpassed Wall Street's expectations and affirmed its full-year production guidance.
Today's mortgage rates have increased compared to yesterday, with a 30-year fixed-rate mortgage at 7.125% and a 15-year fixed-rate mortgage at 6.125%; it is important to regularly check the current rates as they fluctuate daily.
Americans now believe they need a record $1.46 million for a comfortable retirement, a 53% increase from 2020, but their average savings have dropped, leaving a significant gap, according to a study by Northwestern Mutual.
Actress Kristen Wiig returns as the beloved Target Lady from Saturday Night Live to promote Target Circle Week and showcase the new Target Circle program in a national advertising campaign, featuring 12 ad spots and a musical cameo from Prince.
Disney and CEO Bob Iger are in the lead for their board candidates to win reelection, with activist investor Nelson Peltz trailing, according to the Wall Street Journal.
Americans' "magic number" for retirement has surged to an all-time high, increasing 15% in just a year and 53% since 2020, reaching $1.46 million, while the average amount saved for retirement has dropped to $88,400, according to Northwestern Mutual's 2024 Planning & Progress Study.
Disney CEO Bob Iger's strategic roadmap for the future of Disney includes a successful transition to streaming, potential for exponential revenue growth, a focus on quality in movie production, record-setting performance in Disney Experiences, and expansion into new business lines such as gaming.
The Xiaomi SU7, the first-ever car made by the consumer electronics giant, received nearly 90,000 pre-orders in just 24 hours, with delivery times stretching up to seven months.
California could become the next state to adopt a "right to disconnect" law, requiring employers to distinguish between working and non-working hours and preventing employees from being constantly available outside of work hours.
Former President Donald Trump's net worth decreased by $1 billion after his company, Trump Media & Technology Group, reported significant losses and little revenue, causing shares of the company to fall 21%.
Bitcoin faces selling pressure ahead of its reward halving event, with the leading cryptocurrency falling 5.7% to $65,742 as the market prepares for a period of correction and consolidation.
Tesla produced over 433,000 vehicles and deployed 4,053 MWh of energy storage products in the first quarter, but experienced a decline in volumes due to production ramps and factory shutdowns caused by shipping diversions and an arson attack at Gigafactory Berlin.
US home insurance rates are projected to reach record highs by the end of 2024, driven by escalating natural disasters, insurers pulling out of certain areas, and higher fees for home repairs, making coverage increasingly unaffordable for many Americans.
Healthcare stocks, including UnitedHealth Group, CVS, and Humana, saw a drop in pre-market trading after the Centers for Medicare and Medicaid Services announced a lower-than-expected increase in the reimbursement rate for Medicare Advantage plans in 2025, potentially impacting profit margins for these companies.
A McDonald's franchisee in California has raised menu prices in response to the $20 minimum wage but is concerned about how much customers are willing to pay.
Apple refused to allow Jon Stewart to interview Federal Trade Commission (FTC) head Lina Khan for his podcast while he was hosting on Apple TV+, raising questions about the control Apple has over content and free speech.
Investors are closely watching the March employment report to see if the labor market is resilient or showing signs of a sustained slowdown, with potential effects on Federal Reserve interest rates; analysts expect nonfarm payrolls to increase by 192,500 in March, hourly earnings to rise by 4.1% year-over-year, and the overall unemployment rate to slip to 3.8%.
The Powerball jackpot for Wednesday's lottery game is estimated to be $1.09 billion, making it potentially the 9th largest in U.S. lottery history.
Almost half of Americans don't have a dedicated retirement savings account, with only 54.4% of American families reported having dedicated retirement accounts such as a 401(k) or IRA, and the median savings for retirement accounts vary by age bracket, ranging from $18,880 for those under 35 to $200,000 for those aged 65-74.
General Electric has completed its breakup into three separate companies, marking the end of an era for the industrial conglomerate pioneer, with its aerospace and energy businesses now trading as separate entities.
No one won the $1.09 billion Powerball jackpot in Monday night's drawing, but three tickets sold in Ohio won $50,000 each.
The 2024 Forbes rich list reveals that there are now more billionaires than ever, with a total of 2,781 individuals on the list, and their combined wealth has reached $14.2 trillion, up $2 trillion from the previous year.
The global billionaire population has reached a new high of 2,781 individuals, with a combined wealth of $14.2 trillion, driven by a rise in technology moguls, the concentration of wealth at the top, and the celebrity billionaire phenomenon.
Chronic inflation in the US is hindering Americans' ability to save for their future, with households draining retirement savings, accumulating debt, and reducing future savings due to higher prices, according to a study by Allianz Life.
A record number of billionaires, totaling 265 individuals and worth a combined $510 billion, have joined the three-comma club this year, with the United States leading the way and notable newcomers including Taylor Swift, Magic Johnson, and Christian Louboutin.
A Powerball ticket worth $1 million was sold in Florida, along with several other winning tickets sold in other states, as the jackpot for the next drawing increases to an estimated $1.09 billion.
Costco is expanding its services by offering weight loss management through a partnership with Sesame, allowing members to access a weight loss program for $179 every three months.
United Airlines has asked its pilots to take unpaid leave due to delayed aircraft deliveries from Boeing, which is expected to impact the airline's flight schedules and potentially raise ticket prices for passengers.
Jon Stewart revealed on his show that Apple prevented him from hosting FTC chair Lina Khan on a podcast, raising concerns about the concentration of power in technology companies; this comes after clashes over potential segments on AI and China ultimately led to the cancellation of Stewart's show.
The federal Consumer Product Safety Commission is expected to require table saws sold in the US to have SawStop-type safety brakes, which could prevent thousands of blade-contact injuries per year, despite opposition from manufacturers who claim it will increase costs and harm small manufacturers.
A trend known as "tipflation" has emerged, with Americans being asked to tip more frequently and in larger amounts, especially with the increase in digital payment methods during the pandemic. This trend is driven by POS companies that supply software for tipping prompts, benefiting both businesses and the POS companies themselves. However, excessive tipping requests may irritate customers and discourage them from returning to establishments. Despite some customer frustration, tipping prompts provide additional wages to employees, and paying with cash can help customers avoid such requests.
Micron's stock jumped 5% to a new 52-week high of $127.38 after a top-rated analyst from Bank of America Securities assigned a Buy rating and raised the price target to $144, citing the company's potential to benefit from the growing demand for artificial intelligence (AI).
AT&T has reported a data breach in which the personal information of 73 million current and former customers, including Social Security numbers, was stolen and information for approximately 7.6 million current account holders and 65.4 million former customers was compromised.
Investors should consider alternative investments in the AI sector such as Alphabet and Amazon, as they offer better value and growth potential compared to Nvidia.
Investors should consider alternative ways to invest in AI stocks, such as Alphabet and Amazon, which offer better value and growth potential compared to Nvidia.
Major tokens, including bitcoin, experienced significant losses in the past 24 hours, with over $400 million in bullish bets being liquidated, and analysts predicting a range-bound market in the coming weeks.
A woman in Los Angeles is caught on video smashing the windshields of luxury vehicles with a brick, leaving people wondering who she is and why she is doing it.
Korea's 'artificial Sun' fusion reactor, KSTAR, has achieved a new record by sustaining a swirling ball of 100 million-degree plasma for almost 50 seconds, paving the way for the International Thermonuclear Experimental Reactor (ITER) and the future of fusion power.
Apple's alleged monopoly and control over the smartphone market and other areas of the economy, including entertainment, is highlighted by Jon Stewart's cancellation of an Apple TV+ comedy show and his complaint about the company's restrictions on discussions and interviews.
Bitcoin fell below $66,500 as U.S. manufacturing data boosted the dollar index, making dollar-denominated assets like Bitcoin more expensive and potentially lowering demand.
BlackRock, the second-largest shareholder of Disney, is reportedly backing the company's slate of directors, potentially nudging activist investor Nelson Peltz farther from its board, as shareholders head into the last day of voting ahead of the annual meeting.
The Powerball jackpot has reached $1.09 billion after no one matched the winning numbers, marking a three-month-long winless streak, with the odds of winning the top prize at 1 in 292.2 million.
The Powerball jackpot has reached an estimated $1.09 billion with a cash payout option of $527.3 million after no winning tickets matched the numbers from the latest drawing.
Shares for Trump Media plummeted 26% following a net loss of $58 million last year and a revenue of just $4.1 million, causing Donald Trump's net worth on paper to decrease by over a billion dollars.
The Powerball jackpot reached an estimated $1.026 billion, with the winning numbers for the April 1 drawing being 19, 24, 40, 42, and 56, and the next drawing is scheduled for April 3.
Lottery fever in Southern California has been on the rise with billions of dollars available as jackpots in the national lotteries, although no one from the region has recently won the main prizes.
The Iranian consulate in Syria is destroyed in an alleged air strike conducted by Israel, resulting in the death of a senior commander according to Tehran.
Parts of Hennepin Avenue in Minneapolis have been closed for a two-year construction project, causing concern for businesses but with hopes that the new avenue will be better for biking, walking, transit, and driving.
