Health conscious American millennials have found their drink of choice: alcoholic carbonated water that is lower in calories and carbs than beer and wine. A hard seltzer craze is sweeping the United States as Generation Y and Generation Z pursue healthier lifestyles, influenced by viral trends on Instagram and YouTube. TIMOTHY A. CLARY | AFP
Thomas Barwick When it comes to income in retirement, one looming question confronts most individuals: How much money is enough? While the answer to that question in never black-and-white, recent headlines about the solvency of Social Security could be injecting more fear into that dilemma. Last week, the Social Security Administration released its annual trustees
Daniel Acker | Bloomberg | Getty Images Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially on refinances. Total mortgage application volume fell 1.9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. It was at the lowest level
A Pick in a Strong Industry and One That’s Outperforming its Peers zacks.com zacks.com/ultimate
I expect a 5-7% pullback this month, so draw up plans and buy levels in your favorite stocks zacks.com zacks.com/ultimate
In this article DG A sign inside a Dollar General store in Chicago. Jim Young | Reuters Dollar General CEO Todd Vasos said Wednesday that the retailer is chasing business opportunities in health care for a simple reason: About 65% of the company’s stores are located in “health deserts.” That translates to more than 10,000
In this article GENI Genius Sports. Genius Sports National Football League data rights partner Genius Sports reported second-quarter earnings Wednesday morning. Revenue doubled year-over-year but it reported a big loss. Shares of Genius Sports were up about 2.5% on Wednesday morning. Genius provides NFL play-by-play stats and Next Generation data for sports gambling companies, allowing
A stop sign lies damaged at a street corner in the aftermath of Hurricane Ida in Grand Isle, Louisiana, September 2, 2021. Adrees Latif | Reuters The economic damages of Hurricane Ida are still being assessed, but the storm that wreaked havoc from New Orleans to New York could wind up becoming one of the
Five-starred red flags line the Nanjing Road pedestrian street in Shanghai, China, on June 22, 2021. This year marks the 100th anniversary of the Communist Party of China. Costfoto | Barcroft Media | Getty Images China is at a crucial moment in its political and economic evolution. The political growl that is trying to become
MANDEL NGAN | AFP | Getty Images Democrats may change the rules for “mega” individual retirement accounts with more than $5 million to help fund their expansion of the country’s safety net. “Mega retirement accounts” are among roughly two dozen tax categories congressional Democrats are eyeing to help raise money for a $3.5 trillion spending
Towfiqu Photography If you inherit a retirement account, you may want to pause before making any decisions on when and how to access the money. Basically, the rules that apply depend on your relationship to the person who died. Mistakes can be made, and depending on the specifics, they can be hard to undo. The
When Tina McGonagill wanted to expand her food container business, she took on an investor she met at a trade show. For $50,000, she gave Trent Lowenstein a 20% stake in Big Fat Lunch. Yet before she spent the money, the two were at odds over the best strategy to increase profits. McGonagill wanted to
Aerial views of the $500 Million dollar mansion dubbed “The One” in Bel Air, California. Google Earth A Los Angeles megamansion once expected to list for $500 million has gone into receivership after the owner defaulted on more than $165 million in loans and debt, according to court filings. The 105,000-square-foot Bel Air estate, known
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At just 17 years old, Sukone Hong has realized his entrepreneurial dream by building not one but two businesses. The first, a South Korean fashion brand of which he is CEO, has made over $1 million in sales this year and won the recognition of Harvard University. The second, a braille smartwatch for the visually
In this article VOW3-DE JPM The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images JPMorgan said Wednesday it plans to buy a majority stake of close to 75% in Volkswagen’s payments business. The U.S. banking
Getty Images Saving for retirement is an important part of a long-term financial plan, even if you don’t get help with a 401(k) through work. In 2020, some 33% of private industry workers didn’t have access to an employer-sponsored retirement plan, according to data from the Bureau of Labor Statistics. Part-time workers, those in service
Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters The labor union that represents American Airlines‘ pilots said Tuesday that it is making plans to picket at the carrier’s major hubs this fall to protest overscheduling, fatigue and a lack of hotels for crews over the summer.
September may historically be a rough month for stocks, but it didn’t stop National Securities’ Art Hogan from hiking his S&P 500 year-end target by 7%. He made the bullish move based on a strong second quarter earnings season and the notion Covid-19 delta variant cases are likely peaking. “September gives us a chance to
WOODSIDE, CALIF. — On the same day that former Theranos CEO Elizabeth Holmes was granted a delay in her criminal fraud trial due to a pregnancy, her partner was issued a traffic citation. William “Billy” Evans received a citation on March 17 for “failure to display license place,” according to San Mateo County court records.