Recent changes to Medicaid programs, aimed at closing a health coverage gap in the U.S., have left behind some Americans — particularly people of color. Among the non-elderly population in the U.S. — those under age 65 — insured rates rose during the Covid pandemic, with 3.4 million Americans enrolling […]
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‘Fear is not a strategy’ — How Jim Cramer learned to make the most of market sell-offs
Jim Cramer and Director of Portfolio Analysis Jeff Marks fielded a range of questions during the Club’s Annual Meeting on Saturday. Here’s a summary of their answers to some of the questions, including how to determine the number of shares to buy or sell and Jim’s advice on stock-picking for […]
All of AMC’s revenue growth came from Taylor Swift and Beyoncé films, theater chain says
Popcorn buckets are pictured during the “Taylor Swift: The Eras Tour” concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023. Valerie Macon | AFP | Getty Images Move over, Nicole Kidman. AMC has some new patron saints. In the final three months of 2023, […]
Trump Media sued by co-founders ahead of DWAC merger, potential setback for lucrative deal
Donald Trump (R) and producer Andy Litinsky (L) attend the Comedy Central Roast Of Donald Trump at the Hammerstein Ballroom on March 9, 2011 in New York City. Michael Kovac | Wireimage | Getty Images Former President Donald Trump was accused in a lawsuit Wednesday of trying to “drastically dilute” […]
IRS targets wealthy ‘non-filers’ with new wave of compliance letters
IRS Commissioner Daniel Werfel speaks during an IRS event in McLean, Virginia, on Aug. 2, 2023. Alex Wong | Getty Images The IRS has unveiled plans to target “non-filers” with a new round of letters, starting with high-income taxpayers who haven’t filed federal returns since 2017. Starting this week, the […]
Why China, Japan and the Fed are shaking up the $26 trillion U.S. Treasury market
When investors think of the financial markets, the first thing that likely comes to mind is the stock market. But there is a bigger, less-flashy counterpart to the equity market: the bond market. At the heart of the fixed income space lies U.S. Treasurys, one of the safest investments in […]
‘Dune: Part Two’ looks to end box office drought with $80 million opening
Timothee Chalamet stars as Paul Atreides in Denis Villeneuve’s “Dune: Part Two.” Warner Bros. | Legendary Entertainment LOS ANGELES — Movie theater operators are hoping that Warner Bros. and Legendary Entertainment’s “Dune: Part Two,” due out in theaters Friday, will be the much-needed oasis amid a drought of blockbuster content. […]
Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says
Change Healthcare on Thursday confirmed that ransomware group Blackcat is behind the ongoing cybersecurity attack that’s caused widespread disruptions to pharmacies and health systems across the U.S. “Our experts are working to address the matter and we are working closely with law enforcement and leading third-party consultants,” Change Healthcare told […]
Republicans slam Defense Secretary Austin’s ‘unacceptable’ handling of hospitalization
U.S. Defense Secretary Lloyd Austin testifies before a House Armed Services Committee hearing about his failure to disclose his cancer diagnosis and subsequent hospitalizations, on Capitol Hill in Washington, U.S., February 29, 2024. Evelyn Hockstein | Reuters Republicans grilled U.S. Secretary of Defense Lloyd Austin at a hearing Thursday about […]
Snowflake shares drop 20% on CEO’s retirement, weak guidance
Snowflake Chairman Frank Slootman attends the Snowflake Summit 2022 in Las Vegas on June 14, 2022. Snowflake | Via Reuters Shares of Snowflake dropped 20% during Thursday morning trading, a day after the cloud software company announced that billionaire CEO Frank Slootman will retire and be replaced by Sridhar Ramaswamy, […]