If retirement is all about money, you might not be ready to stop working
Not only is retirement readiness different for each individual, not many of us are even able to describe what that actually looks like. Successful retirement planning requires a multi-layered exploration of our wants, needs, financial anxieties and risk tolerance, along with sensitivity to what we really mean in addition to what we actually say. There’s […]
Nintendo shares slide on report that Switch successor will be delayed until 2025
Shares of Nintendo Co. slumped in Tokyo trading Monday after Bloomberg News reported the company will delay its next-generation videogame console until 2025. Bloomberg reported that Nintendo 7974, -5.84% told some of its game-publishing partners that the successor to the Switch console will not be released until March 2025, at the earliest. It had been […]
Is the stock market open on Presidents Day? Will the post office deliver mail?
It’s time to say hail to the chief. Presidents Day honors those who have held the office of U.S. president, although it originally marked the birthday of our first president, George Washington (and is still designated as Washington’s Birthday on the federal calendar). It’s always observed on the third Monday in February, which this year falls on […]
EU regulators reportedly will fine Apple more than $500 million in antitrust probe
European regulators are reportedly set to slap Apple Inc. with a fine of more than $500 million, saying the tech giant unfairly hindered its music-streaming rivals. The Financial Times and Bloomberg News reported Sunday that European Commission antitrust regulators are preparing to impose a roughly $500 million euro ($539 million) fine against Apple AAPL, -0.84%, […]
Boeing aircraft orders, deliveries dry up in January
An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters Boeing‘s aircraft orders and deliveries fell in January as the company grappled with the fallout from a midflight blowout of a fuselage panel on one of its 737 […]
Opinion: The stock related to Donald Trump’s “Truth Social” is soaring, but read this.
Donald J. Trump has a long record of business failures and bankruptcies. But after getting kicked off Twitter in 2021 he launched Truth Social, a social-media site. Truth Social, his would-be Twitter rival, is a high-risk, speculative operation with few hard numbers behind it. It’s already the subject of subpoenas, from regulators and a grand […]
Companies make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]
How not to get scammed like the financial-advice writer who lost $50K to fraud
A financial-advice writer is drawing intense criticism and sympathy after revealing that she was scammed into putting $50,000 in cash in a shoebox and giving it to a stranger. But her story is far from unusual, and falling for such scams is increasingly common. Charlotte Cowles, a columnist for New York magazine, was tricked into […]
Higher medical costs are pinching CVS, UnitedHealth
A UnitedHealth Group health insurance card is seen in a wallet, Oct.14, 2019. Lucy Nicholson | Reuters Good afternoon! Health insurers are feeling the squeeze as older patients head to the doctor more than expected. CVS, which owns health insurer Aetna, on Wednesday slashed its full-year profit outlook, citing the potential for higher medical costs to bite […]
Credit cards from smaller banks have lower APRs. But are they right for you?
Using a credit card issued by a small bank or credit union could cost you $400 to $500 less each year than a card from a big national bank. That’s a finding from a new survey by the Consumer Financial Protection Bureau. Credit cards issued by small institutions such as community banks and credit unions […]
