The story of Tiffany Mane reading “Financial Feminist” by Tori Dunlap on her daily commute is just one example of the growing movement to empower women through financial education. Mane’s experience sparked curiosity from those around her, leading to discussions about personal finance and the importance of women taking control of their economic lives. This
The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter, driven by a year-end stock rally that boosted their portfolios. According to the Federal Reserve’s latest data, the total net worth of the top 1%, defined as those with wealth exceeding $11 million, increased by $2 trillion
The Social Security Administration recently announced a final rule that will significantly impact Supplemental Security Income (SSI) beneficiaries by preventing food assistance from reducing their monthly payments. SSI provides financial support to disabled individuals, the blind, or those age 65 and older with limited income or resources. This change is set to take effect on
Toyota Motor is currently exploring the possibility of expanding its U.S. truck lineup to include all-electric or plug-in hybrid electric versions of its popular Tacoma and Tundra pickups. This decision comes as a response to expected customer demand and the tightening federal emissions and fuel economy regulations. The executive vice president of Toyota Motor North
Rent prices for one- and two-bedroom apartments have experienced a significant growth in March, marking the first increase in six months. The cost of a one-bedroom apartment in the U.S. rose to $1,487, a 0.3% uptick from the previous month. Similarly, the price of a typical two-bedroom apartment saw a 0.5% increase, reaching $1,847. While
Xiaomi, the Chinese smartphone giant, has made waves with its recent announcement to enter the electric car market. The company’s CEO, Lei Jun, revealed that Xiaomi’s first car, the SU7, will be priced significantly lower than Tesla’s Model 3, marking the beginning of what could be a fierce price war in China’s competitive electric car
Walgreens recently reported its fiscal second-quarter sales results, which exceeded Wall Street’s expectations. However, the company decided to adjust its full-year adjusted earnings outlook, mainly due to the challenging retail environment in the U.S. Despite a high net loss for the quarter and impairment charges related to VillageMD clinics, Walgreens is focused on transforming from
In the fast-paced world of finance, a new company is making waves with its innovative approach to integrating artificial intelligence and investing. iFi AI, led by CNBC senior analyst and commentator Ron Insana, is set to launch with a mission to assist individual traders in making informed buy and sell decisions. By utilizing AI models
When it comes to investing in cryptocurrency like Bitcoin, it’s important to approach it with caution. Katherine Dowling, the general counsel and chief compliance officer at Bitwise Asset Management, compares investing in cryptocurrency to using cayenne pepper – a little goes a long way. This analogy highlights the volatility and risk associated with digital assets
The blockbuster diabetes drug Ozempic may have a manufacturing cost of less than $5 a month, according to a study released by researchers at Yale University, King’s College Hospital, and Doctors Without Borders. However, the list price set by Novo Nordisk in the U.S. is close to $1,000 per month before insurance. This stark difference