Andy, Author at US Money News

Markets and Stocks

Toyota’s Financing Arm Hit with $60 Million Fine for Multiple Violations

July 18, 2024

Toyota’s U.S.-based financing arm, Toyota Motor Credit Corporation (TMCC), has been fined $60 million by the Consumer Financial Protection Bureau (CFPB) for a series of illegal practices, including preventing auto buyers from canceling unwanted add-ons […]

Macy's stock graph showing decline after buyout talks collapse

Macy’s Stock Plummets After Buyout Talks Collapse: Key Insights

July 18, 2024

Macy’s stock took a significant hit on Monday following the announcement that the department store chain has ended buyout discussions with Arkhouse Management and Brigade Capital Management. The decision has left investors questioning the future […]

Costco storefront with shoppers entering and exiting the store

Costco Raises Membership Fees for the First Time Since 2017

July 18, 2024

Costco has announced an increase in its annual membership fees for the first time since 2017. The new fees will take effect on September 1, impacting around 52 million memberships in the United States and […]

Farmers Direct exits California insurance market

Farmers Direct Joins Exodus of Insurers Leaving California Market

July 18, 2024

Farmers Direct Property and Casualty Insurance, a subsidiary of Farmers Insurance, has announced its decision to cease offering insurance in California. This move follows a trend of major insurers exiting the state due to increasing […]

Gavel and money symbolizing legal settlement and compensation

TaxAct Class Action Settlement: What You Need to Know

July 18, 2024

A class action settlement involving the popular online tax preparation service, TaxAct, is currently underway. This settlement concerns users of TaxAct’s online federal tax filing service from the past two to six years, with a […]

JetBlue plane with baggage icons and new perks

JetBlue Baggage Fees Changing: New Perks for Blue Basic Fliers

July 18, 2024

JetBlue has announced changes to its baggage fees, introducing new perks for Blue Basic fliers. Starting September 6, 2024, Blue Basic ticket holders will be able to carry on a bag and store it in […]

Graph depicting June CPI inflation cooling trend

June CPI Report Shows Inflation Cooling: Experts Weigh In

July 18, 2024

Inflation cooled markedly last month, as revealed by the June Consumer Price Index (CPI) report. This development has increased the likelihood that the Federal Reserve might cut interest rates more than once before the end […]

Wells Fargo Stock Dips Despite Q2 Earnings Beat: What Should Investors Do?

July 18, 2024

Wells Fargo (WFC) stock experienced a notable decline of over 6% at the start of trading on Friday, despite the bank surpassing analysts’ expectations for its second-quarter earnings. The drop was primarily attributed to the […]

Markets and Stocks

JP Morgan Chase Exceeds Q2 Expectations: Key Insights and Market Reactions

July 18, 2024

JP Morgan Chase (JPM) has reported second-quarter earnings that surpassed analysts’ expectations, despite a slight dip in early trading. The financial giant’s robust performance is marked by significant revenue and net income growth, alongside strategic […]

Delta stock Q2 earnings buy or sell decision

Delta Stock: Buy or Sell After Q2 Earnings?

July 18, 2024

Delta Air Lines (DAL) stock experienced a decline of over 5% in early trading on Thursday. This came after the airline company met analysts’ expectations for its second quarter but provided a less optimistic outlook […]