‘I have fear of financial insecurity’: I’m 58, recently widowed with $1 million saved for retirement. What if the economy tanks?
“My pension after taxes is estimated at $6,500 per month. I’m eligible at age 60 to access $2,400 per month of my husband’s Social Security.”
Carvana (CVNA) earnings Q4 2024
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana topped Wall Street’s top- and bottom-line expectations for the fourth quarter while guiding for another “strong” year in 2025. Carvana, as it has in the past, gave a broad guidance outlook for this year that includes growth in both retail […]
Aviation groups urge Congress for emergency air traffic control funds
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The U.S. aviation industry on Wednesday urged Congress to approve “robust emergency funding” for air traffic control technology and staffing. Three weeks […]
Here’s how much Apple’s cheaper iPhone will cost
Apple’s newest addition to its budget iPhone line is priced higher than expected.
Nikola files for Chapter 11 bankruptcy protection
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019. Massimo Pinca | Reuters DETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail […]
The biggest U.S. stocks haven’t been this expensive since the dot-com era. That’s making investors nervous.
By some measures, U.S. large-cap stocks are trading at the highest — or near the highest — premium to fundamentals like sales and profits since the end of the dot-com era.
Coca-Cola launches Simply Pop prebiotic soda to rival Olipop, Poppi
Coca-Cola is launching a prebiotic soda brand called Simply Pop, taking on upstarts Olipop and Poppi. Starting in late February, consumers on the West Coast and in the Southeast will be able to try Coke’s iteration of the trendy drink. Soda consumption has broadly fallen in the U.S. over the last two decades, hurt by […]
Trump threatens 25% tariffs on auto, semiconductor, pharmaceutical imports
President Donald Trump said Tuesday that he will likely impose tariffs of 25% or more on imports of cars, semiconductors and pharmaceutical products.
Sickle cell gene therapies push health plans toward new payment models
Starting in his early teens, Deshawn “DJ” Chow wasn’t sure he’d ever be able to live a normal life. Crushing pain episodes brought on by his sickle cell disease were getting progressively worse. “It’s just been hard skipping school and always being in and out of the hospital,” the 19-year-old said. “And just severe […]
Bumble investors shrug off revamp, shares drop as forecast disappoints
Shares of Bumble Inc. slid after hours on Tuesday after the dating app forecast first-quarter sales that missed Wall Street’s expectations, as it tries to reinvent itself to help users better connect.