S&P 500 hits 5,000 for first time ever
From Fortune: U.S. stocks posted record highs on Thursday, lifted by yet another reassuring jobs report. The S&P 500 added
Category: Finance
Bob Iger is righting the ship at Disney, earnings reveal. Here’s how he’s doing it
From Fortune Magazine: Bob Iger is making big strides at Disney, with plans for a new ESPN streaming service and
Toyota hybrid vehicles strategy praised amid EV doubts
From Fortune Media Group: Toyota was skeptical of electric vehicles back when that wasn’t fashionable. In October 2022, then-CEO Akio
6 Best Fast Business Loans For Quick Cash
From Time Magazine: of credit, real estate financing and merchant cash advances. Lendio boasts an easy and fast loan application
Coca-Cola’s Gen Z spicy soda and history of bizarre flavors from ‘New Coke’ to ‘OK Soda’
From Fortune: Coca-Cola has added a permanent raspberry and warm spice-flavored soda, Coke Spiced, as well as Happy Tears Zero
Will Mortgage Rates Fall Soon? 36% of Americans Think So
From Time: A recent survey shows that Americans’ sentiment about buying a home is at its highest in two years.
Gen Zers and millennials set an early bedtime
From Fortune: 1. The trend of early bedtime for young adults, driven by factors such as the economy, information access,
Uber CEO explains why Super Bowl ad is worth the money
From Fortune Magazine: Uber had a great week with strong earnings and a full-year profit for the first time ever.
FCC bans AI-generated robocalls | Fortune
From Fortune Magazine: The Federal Communications Commission (FCC)has outlawed robocalls containing voices generated by AI, to prevent people from being
How Student Loan Matching Could Help You Save for Retirement
From Dow Jones & Company: The SECURE 2.0 Act, which went into effect Jan. 1, allows borrowers to have their
LinkedIn top 10 in-demand skills to land a job in 2024
From Fortune: Major employers like Google, Microsoft, IBM, and Apple have eliminated their long-held degree requirements for jobs, removing barriers
Nvidia could remain a semiconductor market leader: VanEck CEO
From CNBC: Nvidia shares hit an all-time high, with VanEck CEO Jan van Eck saying its gains could just be
China’s VC playbook is changing as U.S. IPO exits get tougher
From CNBC: As tensions between the US and China increase and regulations tighten, venture capitalists in China are under pressure
Federal Reserve Might Raise Interest Rates Again Before Cuts
From Time: Interest rates are expected to be cut in the US, leading to cheaper mortgages, lower credit card APRs,
Gen Z tax stress: 25% say it could drive them to therapy
From Fortune: It’s no secret that a lot of people are stressed out by tax season, but Gen Z takes
Average Personal Debt Owed by Americans Now
From Time: The average personal debt for an American adult is around $22,000, a significant decrease from the $29,800 recorded
From cube farm to comics to digital art: This artist has made $2.2 million at the first woman-run NFT marketplace
From Fortune: John Lê grew up with a late start in art, but has made up for lost time. With
China’s central bank encourages local businesses to accept foreign payment cards
From CNBC: China is encouraging businesses to accept foreign bank cards, mobile pay for international visitors, and the digital Chinese
ButcherBox’s famed ‘free bacon for life’ promotion was actually a happy mistake, founder of $500 million meat subscription service says
From Time Fortune Media LLC: Mike Salguero’s ButcherBox company was built on the foundation of free bacon incentives. The meat
Auto Loan and Credit Card Delinquencies Rise to New Highs
From Time: Auto loan and credit card delinquencies in the US are at their highest levels in over a decade,
COVID antiviral Paxlovid could have saved more than 16,000 lives, had it been properly prescribed, new Harvard study finds
From Fortune: Thousands of Americans continue to die from COVID-19 monthly despite the existence of Paxlovid, an antiviral treatment proven
Billionaire Bill Ackman to open NYSE-listed fund for regular investors
From CNBC: Bill Ackman of Pershing Square Capital Management plans to launch a new investment vehicle listed on the NYSE,
Why More Americans Are Buying Annuities for Retirement
From Time: Sales of annuities are surging as Americans look to lock in high interest rates for retirement. Fixed-rate deferred
Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts
From CNBC: Federal Reserve Governor Adriana Kugler stated that inflation is slowing down, thanks to moderating wage growth and minimized
Bill Aims to Eliminate Taxes on Social Security Benefits
From Money Magazine: Lawmakers aim to eliminate taxes on Social Security benefits with the You Earned It, You Keep It