In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost weight but had trouble tolerating the drug in a mid-stage clinical study. The drugmaker
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Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too
Caiaimage/chris Ryan | Istock | Getty Images There has been a wave of financial literacy legislation nationwide as states push to get personal finance classes into public schools — and Tennessee was one of the first to enact a high school mandate. Since 2013, Tennessee has required a half-semester personal finance course for high school
Tom Werner | Digitalvision | Getty Images As 2023 comes to an end, you may have just a few weeks left to use any leftover money in your health-care flexible savings account. Employer-sponsored FSAs allow you to save pretax dollars and use the funds for qualified medical expenses. An individual can save up to $3,050
Twin Rivers Farm could break records as Tennessee’s priciest home if it fetches its $65 million asking price. The property is located just 30 miles southwest of Nashville in the suburb of Leipers Fork, known for attracting high-net-worth individuals and celebrities such as Justin Timberlake and Nicole Kidman. “It’s one of the most significant real
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric in 2001, meaning it’s even worse than readings during the financial crisis more than a decade ago. Sales were down 8.5% from October
In this article HOOD Follow your favorite stocksCREATE FREE ACCOUNT Vlad Tenev, co-founder and CEO of Robinhood, rings the opening bell at the Nasdaq on July 29, 2021. Source: The Nasdaq Robinhood CEO Vlad Tenev says he doesn’t believe that the payment for order flow (PFOF) model of market-maker routing that the company incorporates in
Vm | E+ | Getty Images In recent months, the world’s new billionaires made more of their fortunes from inheritance than from entrepreneurship, according to the UBS Billionaire Ambitions Report. It marked the first time in the nine-year history of the report that newly minted billionaires accumulated more wealth from inheritance than starting a business.
Charlie Munger at the Berkshire Hathaway press conference on April 30, 2022. CNBC The investing community lost one of its pillars Tuesday with the death of Berkshire Hathaway vice chair Charlie Munger, according to Ariel Investments’ Charles Bobrinskoy. He was a “true master of investing,” Bobrinskoy, the firm’s vice chair, said on CNBC’s “Closing Bell:
A higher cost of living and growing savings shortfall has many Americans worried about their retirement security. Those financial strains also make it harder for many workers to fund a retirement account. To that point, 41% don’t contribute any money at all to a 401(k) or employer-sponsored plan, according to a CNBC Your Money Survey
Detached houses on a large housing development on the western side of Nashville, Tennessee. Georgeclerk | Istock | Getty Images Nashville natives say they barely recognize the city’s skyline anymore. And they probably won’t anytime soon, as cranes still litter the picture. The Nashville building boom is in full effect, despite higher interest rates, higher
2023 Tax Extenders: Details & Analysis Skip to content Home • Blog • Tax Extenders in 2023: Three Major Business Provisions and an Expanded Child Credit? For many years, December in Washington, D.C., has been taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to
In this article PFE MRNA NVAX Follow your favorite stocksCREATE FREE ACCOUNT A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | Reuters Three years into the Covid-19 pandemic, few Americans are rolling up their sleeves to get a Covid vaccine. Only 15.7% of U.S.
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Shoppers arrive at an Ulta Beauty store in Las Vegas, Nevada, US, on Monday, May 22, 2023. Ulta Beauty Inc. is scheduled to release earnings figures on May 25. Bridget Bennett | Bloomberg | Getty Images Shares of Ulta Beauty rose in after-hours trading on
Consumers eating shabu shabu at a restaurant in Lianyungang City, East China’s Jiangsu Province, Nov 26, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic to tap what’s still a massive market, according to McKinsey.
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Super yacht moored at South Dock, at the heart of Canary Wharf financial district on 7th February 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images A new wave of billionaires acquired more wealth through inheritance than entrepreneurship during the last
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023. Brendan McDermid | Reuters Cathie Wood is about to notch her best month ever as her holdings of innovative technology stocks roared back from steep losses in the midst of
Morsa Images | Digitalvision | Getty Images The share of workers being called back to the office has flatlined, suggesting the pandemic-era phenomenon of widespread remote work has become a permanent fixture of the U.S. labor market, economists said. “Return to the office is dead,” Nick Bloom, an economics professor at Stanford University and expert
Nashville skyline at dusk. John Greim | LightRocket | Getty Images Over the past 30 years, Nashville, Tennessee — a city known for country music — has seen a flood of transplants moving from higher-cost cities. For new residents, “everybody has a different story,” said Jeff Hite, chief economic development officer of the Nashville Area
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, US, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Activist investor Nelson Peltz and his firm, Trian Partners,