To solve its “fake news” problem, Facebook is asking its users to complete surveys on what they determine is “high quality” news content. CEO Mark Zuckerberg said on a post on his Facebook page Friday that the company will ask users if they are familiar with a specific news source […]
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Jay Leno once bought a McDonald’s Happy Meal with coupons
Jay Leno has millions in the bank, but he doesn’t always spend like a millionaire. Besides his auto collection, which consists of vehicles like the legendary McLaren F1, the comedian is pretty frugal. He hates spending on clothes and still hasn’t touched a dime of his “Tonight Show” money. “I’m […]
Why nearly 30% of Americans aren’t saving more money
Several past GOBankingRates surveys have found that the majority of Americans have very little set aside in a savings account or retirement account. For example, a 2017 survey of more than 8,000 adults found that 57 percent have less than $1,000 in a savings account. Included in that percentage is […]
Politics of shutdown drama bad for everyone, says former Bush aide
Americans are frustrated with both Republicans and Democrats, and the drama over a potential government shutdown certainly isn’t helping, a former senior aide to President George W. Bush told CNBC on Friday. Congress must come to an agreement by midnight Friday to avoid a shutdown. “It’s a reason why you […]
Kraft Heinz is a ‘best-in-class’ stock because of its acquisition strategy: Jefferies
Kraft Heinz will thrive as it uses its merger and acquisition expertise to boost earnings, according to one Wall Street firm. Jefferies initiated coverage on the food company’s shares with a buy rating, citing Kraft Heinz’s track record of cost cutting after its acquisitions. “We view Kraft Heinz as a […]
Hey, Uber, Lyft drivers: Automakers may make a car just for you
Having watched the rise of ride-hailing apps, automakers are poised start making changes to new cars to cater directly to a new group of customers — Uber and Lyft drivers. With millions of Americans pressing their own cars into service to ferry passengers, auto companies are seeing a market for […]
Dow stock Boeing is up over 100% in one year, and some say the run isn’t over
Boeing shares have been on fire. Even after falling on Friday and the previous session, the stock is the best-performing Dow component this year, up 14 percent year to date and on pace for its fifth straight positive month. Its rise over the last year has soared into triple-digit gains. […]
Amazon will no longer ask job applicants to provide their salary history
Several states and cities including California, New York and Philadelphia have passed laws which prohibit employers from asking job candidates about their salary history. Now, Amazon, one of the largest employers in the country, will also ban this controversial question. An Amazon spokesperson tells BuzzFeed News, “We think this is […]
Possible government shutdown won’t affect US’s AAA status, Fitch ratings agency says
Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal shutdown, which will begin on Saturday if lawmakers fail to clinch a deal to fund the government. “Partial federal government shutdowns have occurred in the past and […]
San Francisco’s rose, Manhattan’s dropped—here’s how rent changed in 2017
Across the U.S., rent rose an average of 2.5 percent to a $1,359 per month in 2017, reports RENTCafé, citing data from the real estate intelligence source Yardi Matrix. That marks a steady 24 percent rise from 10 years before, when the national average was $1,093 a month. In some […]