The stock market experienced a mixed session on Thursday, with the Dow Jones Industrial Average outperforming other indices, driven by positive earnings from International Business Machines (IBM). Despite a slow start, blue-chip stocks managed to […]
Shares of Alphabet Inc. (GOOGL), Google’s parent company, fell on Tuesday despite the tech giant surpassing analysts’ expectations in its Q2 earnings report. The decline is attributed to a slowdown in advertising revenue growth, which […]
The IRS has issued final rules clarifying the 10-year rule for inherited individual retirement accounts (IRAs), requiring many beneficiaries to take annual required minimum distributions (RMDs). This new guidance, effective in 2025, resolves confusion stemming […]
Vice President Kamala Harris’s campaign saw an unprecedented surge in donations following President Biden’s endorsement. Within 24 hours, the campaign raised $81 million, setting a new record for the online fundraising platform ActBlue. This influx […]
A new Medicare rule set to take effect on January 1 could disqualify some private employer health plans from being considered creditable coverage. This change may impact individuals over 65 who delay enrolling in Medicare […]
This week, investors are gearing up for a slew of earnings reports from major publicly traded companies. The earnings calendar for July 22-26 is packed with significant announcements that could impact market trends and investment […]
A major tech outage on Friday caused widespread disruptions across various industries, including banks and financial institutions. The issue, originating from a defect in a Windows update, affected services globally but was not a security […]
The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Commonwealth Financial Systems, a medical debt collection agency, ordering it to shut down and imposing a $95,000 fine for multiple legal violations related to […]
A massive global internet outage caused by a botched software update from cybersecurity provider CrowdStrike Holdings (CRWD) led to a significant downturn in the stock market. The crash affected various sectors, with tech stocks taking […]
The Federal Reserve has decided to hold interest rates steady for the seventh consecutive time, maintaining the Federal Funds rate at a target range of 5.25% to 5.5%. This decision comes after a series of […]
USMoneyNews.com 2019-2024