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Kamala Harris stands on the threshold of history. If elected to succeed President Joe Biden, Harris – the daughter of a Jamaican father and an Indian mother – would not only be the first woman, but the first Indian American, the first Asian, the first Black woman and the first…
A frequent question I hear from people getting ready to enroll in Medicare is: What is the biggest mistake people make? There are too many question to identify just the biggest. However, a top contender for the honor would be COBRA. The Consolidated Omnibus Budget Reconciliation Act mandated this coverage…
The cost of living has risen to the point that most Americans are feeling the pressure. An astounding 80% of Americans have experienced a cost of living creep in the last few years, a Credit Karma study found. This cost of living creep means that consumers are spending more money…
An increasing number of borrowers who filed cases seeking student debt discharge are successfully receiving debt relief through bankruptcy after a policy change by President Joe Biden’s administration, according to the Department of Education. A total of 588 people filed cases seeking student debt discharged through bankruptcy between October 2023…
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United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company’s shares were down 9% in premarket trading.UPS now expects 2024 revenue to be approximately $93 billion, revised from a previous forecast for as much…
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped…
Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement…
My rating for Hyatt Hotels Corporation (NYSE:H) stays as a Hold. The good thing is that H’s recent acquisition represents an allocation of capital to Europe, a market with good long-term growth potential. The bad thing is that Hyatt’s 2024 prospects appear to be unexciting. I previously analyzed Hyatt’s first…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe US remains off track for the steep greenhouse gas emissions cuts promised by 2030 under the Paris accord despite the Biden administration’s sweeping green subsidies and new climate…