Bill Oxford | E+ | Getty Images With the tax deadline approaching, the IRS has issued roughly 54 million refunds worth about $158 billion as of March 17, the agency reported Friday. In January, the IRS warned filers that refunds may be “somewhat lower,” and so far, the prediction has been accurate for many filers.
In this article SBNY Follow your favorite stocksCREATE FREE ACCOUNT Nicoletaionescu | Istock | Getty Images When it comes to bank deposits, $250,000 is the key number experts are talking about in light of recent financial shocks in the banking sector of a severity not seen since the Financial Crisis. That amount is the threshold
Even when they don’t buy a fixer-upper, most people will end up doing some amount of repairs on a new home. About 95% of homeowners said they plan to take on a major home improvement project in the next five years, according to a recent report by Real Estate Witch. However, only 50% said they
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO, Disney, during CNBC interview, Feb. 9, 2023. Randy Shropshire | CNBC Disney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo sent by Chief
In this article FRC VLY FCNCA Follow your favorite stocksCREATE FREE ACCOUNT The winning bidder in the government’s auction of Silicon Valley Bank’s main assets received several concessions to make the deal happen. First Citizens BancShares is acquiring $72 billion in SVB assets at a discount of $16.5 billion, or 23%, according to a Sunday
In this article DG WMT KR SNAP Follow your favorite stocksCREATE FREE ACCOUNT A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some shoppers who already struggle to cover grocery bills, the budget is getting tighter. This month, pandemic-related emergency funding from the Supplemental Nutrition
It is “unlikely” that European banks will undergo anything as serious as in 2008, according to economists. Peter Macdiarmid / Staff / Getty Images LONDON — Turbulence across the banking sector has prompted the question of whether we are teetering on the edge of another financial crash, 2008-style. But a banking crisis today would look
Illustration by Gene Kim As weed becomes legal in more states, how and if travelers can bring their stash on board remains up in the air. Twenty-one states and Washington, D.C., have legalized recreational use for adults 21 years and older, and 37 states and Washington, D.C., have medical marijuana programs. But marijuana is still
A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Deutsche Bank shares fell by more than 9% in early trade on Friday following a spike in credit default swaps on Thursday night, as concerns about the stability
Middle-aged millennials have arrived. As more millennials — often defined as those born between 1981 and 1996 — turn 40, a generation long defined by youth transitions to a new phase in life. And they’re bringing their tech-savviness, social consciousness and spending habits in tow, which is transforming a travel industry intent on staying ahead
BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images When a marriage or an engagement fails, it’s common for the participants to take
In this article 0H7D-GB Follow your favorite stocksCREATE FREE ACCOUNT A general meeting of Deutsche Bank Arne Dedert | picture alliance | Getty Images Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed by market panic about the stability of the European banking sector.
In this article GOLF CSCO NKE FL NET AAPL Follow your favorite stocksCREATE FREE ACCOUNT A USB-C (USB Type-C) cable is seen in front of a displayed Apple logo in this illustration taken October 27, 2022. Dado Ruvic | Reuters Market experts continue to look for opportunities to pick promising stocks trading at attractive levels
Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York. Jenny Anderson | WireImage | Getty Images At the end of each episode of her long-running eponymous CNBC show, Suze Orman would close out with the phrase, “People first, then money, then things.” Women took that to mean they should give
Vanita Johnson Courtesy: Vanita Johnson After 13 years in teaching and education administration, Vanita Johnson switched to a position she always wanted — behind the wheel of a big rig. Johnson took a three-week course in trucking, got her commercial driver’s license and became an independent owner-operator. She eventually joined a larger company and has
In this article PPI SIVB .SPX Follow your favorite stocksCREATE FREE ACCOUNT It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout. According to VettaFi’s Todd Rosenbluth, the trend applies to ETFs holding only a few large companies in particular industries. “[They’re] going to be a complement to a broader
Supporters wave signs during an address at the Time Warner Cable Arena in Charlotte, North Carolina, on September 5, 2012 on the second day of the Democratic National Convention (DNC). Mladin Antonov | AFP | Getty Images DETROIT – United Auto Workers members have ousted their president in the union’s first direct election, ushering in
First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional lenders has slowed to a trickle in