Author: News Room
Check out the companies making headlines in midday trading. Tesla , Li Auto — Tesla shares declined nearly 4%, hitting a 52-week low, following announcements of price cuts. The electric vehicle maker lowered prices for its Model 3 in China, on top of decreases in other markets, Reuters reported . Chinese manufacturer Li Auto also lowered price tags on many models, sending shares down 6%. Verizon Communications — The telecommunications giant fell more than almost 4% after posting mixed quarterly results. Verizon reported $33 billion in revenue, slightly under the $33.32 billion figure penciled in by analysts, per FactSet. The…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.When people ask Dr. Jordan Shlain to describe his medical practice, he says simply: “It’s a family office for your health.””Family offices typically have a goal of preserving wealth,” he said. “Our goal is preserving your health. After the age of 24 you’re a depreciating asset health-wise. So we aim to decrease the slope of the curve for as long as possible.”As depressing as that sounds for patients, Shlain’s…
President Joe Biden is keeping the ball rolling on student loan forgiveness, canceling a new round of loans as his administration crafts a new plan to target even more outstanding student debt. The latest round of cancelations targets $7.4 billion in student loans for 277,000 borrowers, the Department of Education said in a statement. This brings the total debt forgiven over Biden’s presidency to $153 billion. The discharges are part of the Saving on a Valuable Education (SAVE) Plan, which offers a faster route to forgiveness. “Today we are helping 277,000 borrowers who have been making payments on their student loans for…
Homeowners looking to sell this year may want to wait until June to list, when sellers tend to make the most. In 2023, homes listed in June sold for 2.3% more, according to a Zillow analysis. This equals an additional $7,700, on average, to the median sale price. Before the pandemic, May used to be the best month to list, according to Zillow. But, since 2019, June is more profitable. “The old logic was that sellers could earn a premium by listing in late spring when their home would be on the top of the pile of listings when search…
The answer is YES. Both. Here’s why. Hannah Le turns 18 this week. She’s a senior in high school choosing between college acceptance offers from Cornell and the Honors College at the University of Texas in Austin. And she’s a self-made financial literacy instructor. She has taught more than 500 elementary school children at 9 different schools through a curriculum of her design that features interactive exercises, including the following topics: Needs vs. Wants Human Capital: Skills, Education and Experience Earning and Spending Forms of Payment Types of Financial Accounts Savings and Budgeting Income, Expenses, and Profit Hannah sits with…
On GPS: Michael Douglas on being Benjamin Franklin Fareed sits down with Academy Award-winning actor and producer Michael Douglas to discuss his new role portraying founding father Benjamin Franklin on the Apple TV+ series, “Franklin.” Read the full article here
Stay informed with free updatesSimply sign up to the Global Economy myFT Digest — delivered directly to your inbox.Hello and welcome to the working week.Events can cement or derail elections, which is important to bear in mind this week with a couple of headline news diary happenings.Firstly, the landmark criminal trial of Donald Trump, former US president and likely Republican candidate for this November’s election, will begin with opening arguments on Monday. This is the first time a former US president has stood trial on criminal charges and follows last week’s surprisingly swift appointment of a jury. As a reminder,…
Today, I would like to reassess the First Trust Value Line® Dividend Index Fund ETF (NYSEARCA:FVD), a smart-beta dividend ETF that favors low volatility and financial resilience. There are a few reasons why a fresh look is necessary. First, unlike a few ETFs that I have covered just recently, FVD takes a high-turnover approach, mirroring the Value Line® Dividend Index, which is reconstituted on a monthly basis. As a consequence, the portfolio composition has significantly changed since January, when I covered FVD the previous time, so my commentary on the differences that can be spotted and the factor developments they…
Players are increasingly seeking out platforms that offer more than just the standard gaming experience. Scorpion Casino, with its innovative $SCORP token and multi-faceted rewards system, is poised to become a leader in this competitive space.By offering a range of staking benefits and unique reward mechanisms, Scorpion Casino is setting itself apart from the crowd and providing players with a truly unparalleled gambling experience.The Power of StakingOne of the key features that distinguishes Scorpion Casino from its competitors is its robust staking system. By holding and staking their $SCORP tokens, players can earn generous daily rewards, creating a passive income…
Generations of American teens have taken the SAT, a blood-pressure-raising multi-hour exam they are told could make or break their academic futures. The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. It has also been denounced as part of the high barrier to entry into the so-called American meritocracy. During the COVID-19 pandemic, when dozens of the most prestigious universities in the nation suspended their standardized testing requirement, some were hopeful of a new era of more equitable college admissions.…
