Investing News

Key Takeaways Analysts estimate adjusted EPS of $1.53 vs. $0.30 in Q3 FY 2021. Load factor is expected to rise sharply YOY to its highest level in three years. Revenue is expected to be at its highest level in at least four years. Delta Air Lines Inc. (DAL), the world’s largest airline before the pandemic

Health care can be one of the biggest expenses a person faces in retirement. A 65-year-old couple who retired in 2021 can expect to spend $300,000 on health care and medical expenses throughout retirement, according to the annual Fidelity Investments Retiree Health Care Cost Estimate. This sum doesn’t include the additional annual cost of long-term

Key Takeaways Analysts estimate EPS of $2.87 vs. $3.74 in Q3 FY 2021. Net interest margin is expected to rise YOY. Total revenue is expected to increase modestly YOY, but at the fastest pace in seven quarters. JPMorgan Chase & Co. (JPM), the largest U.S. bank by consolidated assets, is likely to report that 3Q

Meta Platforms, Inc. (META), Facebook’s parent company, took another step in its pivot towards the metaverse, unveiling a virtually reality headset called Meta Quest Pro and saying the firm would focus on how to build the future of connection within virtual and augmented reality.” The headset, known while under development as Cambria, comes seven years

The U.S. Securities and Exchange Commission is investigating Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), over its non-fungible token (NFT) collections and cryptocurrency. According to a report, the financial watchdog wants to know whether some of Yuga’s non-fungible tokens and cryptocurrency ApeCoin are similar to stocks and should follow the same disclosure

When is the right time to retire? It’s a question that depends on your personal needs and circumstances—not to mention your plans for what you’ll do instead. We’ve all had days when we’re prepared to hand our boss a resignation letter and lead the good life of a retiree. While leaving the workforce early might

Large cryptocurrency mining pools exist so that people who do not have the financial and computational resources to mine competitively can pool their resources and increase their chances of being awarded a coin. While it is possible to mine solo, joining a mining pool increases your chances of being rewarded. Whether large mining pools are

Editor’s note: Below you’ll find the week 109 release of the NYC Recovery Index, originally published October 4, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery experienced a positive week ending September 24, 2022, with the index score rising one percentage point to 76 out of 100.

Tech giant Google (NASDAQ: GOOGL) has partnered with Coinbase (NASDAQ: COIN) to allow users to pay for cloud services using crypto. A select group of customers will now be able to make payments with Bitcoin, Ether, and Dogecoin. In response to the news, Coinbase’s stock rose over 7%. Key Takeaways Google has partnered with cryptocurrency

After winning the approval of New York’s financial regulator earlier this fall, the Bank of New York Mellon is all set to hold its customers’ bitcoin and ether starting this week. The nation’s oldest bank has added cryptocurrencies to its custody services. Key Takeaways BNY Mellon will begin to hold select customers’ bitcoin and ether

Rates on conventional 30-year mortgages saw a pause Monday in their boldly swinging pattern of the last two weeks, essentially holding flat after bolting back into the 7% range to end last week. Averages on every major Jumbo product, on the other hand, soared higher Monday. Today’s National Mortgage Rate Averages The 30-year average shed

The European Union (EU) lawmakers have passed the Markets in Crypto Assets Regulation (MiCA) bill, a landmark piece of legislation aimed at regulating the digital asset market. The members voted 28 to 1 in favor of the landmark new crypto laws. The bill will pass onto the European Parliament for a final vote in the next

Mortgage rates have yo-yoed dramatically the past two weeks, with the latest movement being a big push higher again. The 30-year average is now back to the 7% range and less than a tenth of a point under the 20-year high it hit in late September. Today’s National Mortgage Rate Averages Rates on 30-year loans

The CFA Level III exam is the last in the series of three exams conducted by the CFA Institute. Coupled with at least 48 months of relevant work experience, successful completion of the final level yields a charter membership. While the first two levels revolved around basic financial knowledge, investment valuation comprehension, and the application

The Consolidated Appropriations Act (CAA), 2021, signed into law on Dec. 27, 2020, provided money for a new type of Economic Injury Disaster Loan (EIDL) advance and funding for a new grant that targets shuttered venues. Guidance from the Small Business Administration (SBA) describes how to get part or all of your PPP loan forgiven

Former Federal Reserve Chair Ben Bernanke and two other U.S economists, Douglas Diamond and Philip Dybvig, won the Nobel Memorial Prize in Economic Sciences for work over the course of four decades on the role that bank bailouts play in financial crises. Key Takeaways Three U.S. economists won the 2022 Nobel Economics Prize for work

Some 65 million Americans receive Social Security retirement benefits each month, according to the Social Security Administration (SSA). The average monthly benefit for all retired workers in 2022 is estimated to be $1,657—a sum that represents the primary source of income for some of them. Even if you’ve saved funds in a 401(k), an individual

You can place bets on the world’s currencies through forex (foreign exchange) brokerage accounts, buying or selling currency pairs that react to economic developments all over the globe. The forex market operates 24/6, opening on Sunday afternoon in the U.S. and closing after stock traders complete their business on Friday afternoon. The volume of currency

Rivian Automotive (RIVN) is recalling almost all of its 2022 vehicles because of a problem with a wheel fastener. Rivan said in a filing with the National Highway Traffic Safety Administration (NHTSA) it was recalling 12,212 RT1 trucks, RS1 SUVs and EDV commercial vans after discovering that the front upper control arm and the steering

Ethereum is a name that comes up often in discussions about digital currency. Ether is also a name you’ll hear often, but many people are confused between the two because both names are sometimes used to refer to the cryptocurrency. There are key differences between Ethereum and its cryptocurrency, ether (ETH). Ethereum is a blockchain