Government shutdown means opportune timing

The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune. Neptune, the nation’s largest private flood insurance, debuts on the New York Stock Exchange Wednesday under the ticker symbol “NP.” The company sold more than 18 millions shares in its initial public offering at $20 apiece, and shares opened Wednesday at $22.50. The company’s […]
Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Strong electric vehicle sales are leading to robust third-quarter results for major automakers, as consumers flocked to car dealerships before the end of $7,500 in federal incentives for EVs. Ford Motor, […]
I don’t want to pay the new $895 American Express Platinum fee — but will canceling the card hurt my credit score?

If you tell Amex you’re considering canceling, the company might offer you some cash, points or miles as an incentive to keep your card.
State AGs sue Zillow, Redfin for alleged antitrust violation

Rafael Henrique | Lightrocket | Getty Images Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market. The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly […]
‘The gold market is rarely wrong.’ Why stocks and bitcoin are in a danger zone.

S&P 500 at 5,700? Bitcoin at $80,000? Trader Jeffrey Bierman says the market is running on fumes and “FOMO.”
Peloton revamps equipment, raises prices ahead of holidays

The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton on Wednesday said it’s relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions and hardware as the company looks to reignite growth ahead of the holiday shopping season. The revamped assortment includes […]
Jennifer Lawrence sells gorgeous $11 million Beverly Hills home in off-market deal

The actress, who gave birth to her second child with husband Cooke Maroney at the end of March, appears to be mainly based in New York now.
FTC sues Zillow and Redfin, alleging antitrust violation in online rentals

The stock market graphic of Zillow Group is displayed on a smartphone with the logo of Zillow in the background on Feb. 21, 2021. Sopa Images | Lightrocket | Getty Images The Federal Trade Commission is suing real estate giants Zillow and Redfin, alleging the two illegally conspired to reduce competition in the online multifamily […]
Inside the battle for gambling addiction hotline 1-800-GAMBLER

The booming business of betting across America has led to soaring concerns over problem gambling. Generally, ads for legitimate, licensed casinos and sportsbooks carry some kind of disclaimer that gambling is supposed to be for entertainment. The small print might offer: “Gambling problem? Call 1-800-GAMBLER.” That number is about as memorable and sticky as you […]
The U.S. federal government just shut down. Here’s what it means for you and your money.

Here’s how the partial shutdown could affect investments, paychecks, economic releases, benefit programs, tourist sites run by the federal government and more.