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Chris Ryan | Getty Images Investors are bracing for 2023 amid stock market volatility, rising interest rates and geopolitical risk — with many carrying recession fears into the new year. But despite economic uncertainty, financial experts point to timely opportunities, urging investors to put cash into the market, rather than leaving it on the sidelines.
Ascentxmedia | E+ | Getty Images The CEOs of some of the biggest American companies believe the economy may be heading for a recession. “It could be a hurricane,” JPMorgan Chase CEO Jamie Dimon said on CNBC’s “Squawk Box” on Tuesday morning. Yet financial advisors warn against too much certainty, or pessimism, over what’s next. ‘It’s possible
In this article UNP UAL GM WMT JPM Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Images As 2023 approaches and
In this article MDB Follow your favorite stocksCREATE FREE ACCOUNT Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares rose 27% in extended trading on Tuesday after the database software maker surprisingly swung to a profit. Here’s how the company did: Earnings: 23 cents per share, adjusted, vs. a loss of 17 cents
In this article TOL SFIX SBNY PLAY MDB Follow your favorite stocksCREATE FREE ACCOUNT Cinder blocks sit in a pile near homes under construction at the Toll Brothers Inc. Jupiter Country Club housing development in Jupiter, Florida. Mark Elias | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. MongoDB —
Milan2099 | E+ | Getty Images Long Covid is a chronic illness with far-reaching impact, both in terms of health and household finance. As many as 23 million Americans have suffered long-haul symptoms of Covid-19, according to the U.S. Department of Health and Human Services. But there are steps individuals and their families can take to blunt
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Key Findings: Excessive tax rates on cigarettes induce substantial black and gray market movement of tobacco products into high-tax states from low-tax states or foreign sources. New York has the highest inbound smuggling activity, with an estimated 53.5 percent of cigarettes consumed in the state deriving from smuggled sources in 2020. New York is followed
Cynt Marshall had never heard of Mark Cuban when he cold-called her in 2018. Finally returning his messages eventually led to her appointment as CEO of the Dallas Mavericks, Cuban’s NBA team. “He talked to me about the kind of culture transformation and leadership that he wanted for the business side of his basketball team,”
Rafael Henrique | Sopa Images | Lightrocket | Getty Images Robinhood is bringing the concept of a 401(k)-style contribution match to its retail customers who may not have access to a retirement plan through the workplace. The retail brokerage will pay a 1% “match” on contributions its customers make to a Robinhood individual retirement account,
In this article TGT WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday. “Theft is an issue. It’s higher than what it has historically been,” he
Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Robinhood Markets CEO Vlad Tenev said Tuesday he’s unclear what Sam Bankman-Fried, the disgraced former CEO of FTX, is going to do with his
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images One key lesson of the past year is that the world is not ready to move away from oil and gas as the dominant
Travel demand has surged this year, although not everyone can afford the sky-high tab. Along with rising costs for hotels and rental cars, travelers can expect to pay up to 39% more for a round-trip flight around Christmas compared with last year, according to data from the travel booking app Hopper. Young adults, in particular, are shifting
Homeland Security sign for REAL ID at entrance to passenger TSA security area, West Palm Beach, Florida. Lindsey Nicholson | UCG | Universal Images Group | Getty Images U.S. officials are delaying for two more years the enforcement of a rule requiring people to get new identification cards to board domestic flights, access federal facilities
Pictured here are locals on a subway in Zhengzhou city, Henan province, on Dec. 5, 2022, after the municipality said negative nucleic acid test results are no longer needed to ride public transportation. Vcg | Visual China Group | Getty Images BEIJING — China’s Covid lockdowns are having a lessening impact on the economy for
seksan Mongkhonkhamsao | Moment | Getty Images With the holiday season in full swing, it can be easy to forget about the finer points of financial planning. While your tax return isn’t due until April, several key deadlines are approaching by year-end, experts say. “You can control your tax reporting destiny,” said certified financial planner
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – About 65% of Ford Motor’s dealers have agreed to sell electric vehicles as the company invests billions to expand production and sales of the battery-powered