Meta’s stock is down more than 7% year to date. The company spent much of this year defending its decision to pour hundreds of billions of dollars into AI infrastructure, and investors who followed the Q1 earnings call on April 29 watched the stock drop another 6% to 7% after the company raised its …
At age 55, some people are still scrambling to fund their 401(k)s. But if you’ve been steadily making contributions and taking advantage of employer matching dollars since your 20s, you may reach your mid-50s with a pretty impressive pile of cash — enough cash that you can conceivably decide …
Being the richest person in world history comes with its own headaches, and Elon Musk has a migraine-sized one when it comes to his legal battles. Tesla is being sued for autopilot crashes, for misleading statements about Robotaxi, and for alleged workplace discrimination. Musk himself was recently …
Costco treats credit cards differently from pretty much any other major retailer. Instead of taking any credit card and offering its own branded card with bonus perks, the chain has an exclusive credit card partner. For a long time, the warehouse club worked exclusively with American Express and …
Southwest Airlines built its business on being an airline that allowed its employees, even encouraged them, to have personality. Before it dropped its in-flight magazine during the Covid pandemic, that publication had a section featuring stories about flight attendants, pilots, gate workers, and …
Almost every airline around the world has felt the impact of surging jet fuel crises while many did not survive the spike caused by the U.S.-Israeli strike on Iran. Mexican holiday carrier Magnicharters, British cargo carrier European Cargo and Swiss regional airline Air Mountain are among the …
Robert Kiyosaki has been sounding the same alarm for years. He thinks markets are sitting on borrowed time, that debt has hollowed out the financial system, and that ordinary investors are heading for a reckoning they had fair warning about. Plenty of people have tuned it out…
The pizza restaurant industry has been downsizing this year, with major chains closing hundreds of underperforming locations. Mountain Mike’s Pizza chain has been a contrarian over the last two years, adding dozens of new locations. The expansion mode, however, hasn’t prevented one of its …
Expanded deductions for older Americans are changing the tax-planning equation for retirees, according to Jeffrey Levine, chief planning officer at Focus Partners Wealth. In an interview as part of the Focus on Finance Forum series, Levine explained that many retirees may now qualify for the 0% …
Gold prices seemed to be mounting a comeback, but JPMorgan just made the rally harder to trust. Investors expected the shiny yellow metal to continue pushing higher into year’s end, buoyed by rate-cut hopes, central-bank buying, and safe-haven demand. Reuters reported that spot gold was up over 2% …
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