Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. […]
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To shore up Social Security, this controversial proposal calls for limiting retirement plan tax perks
Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new research proposal published by the Center for Retirement Research at Boston College by experts at the opposite ends of the […]
Do you have a joint account? Here’s what that says about your relationship
Some say money is the root of all evil; it can also be the secret to a happy marriage. Co-mingling accounts may lead to less frequent fights about money, according to a report by LendingTree. Of those who have at least a joint account, only 12% said financial issues caused problems […]
Op-ed: An Alzheimer’s wave is coming. Here’s how to protect your family and your finances
Ivory Johnson, Sr., and Catherine Johnson Courtesy Ivory Johnson Dementia, according to the Mayo Clinic, is an umbrella term used to describe a group of symptoms affecting memory, thinking and social abilities and is caused most often by Alzheimer’s disease. Alzheimer’s affects 1 in 9 Americans age 65 and older […]
How streaming is changing the NFL’s business
The NFL isn’t just the most popular sports league in the U.S., it’s also the most valuable with the highest-rated programming and the priciest ad time. In 2021 the league signed an estimated $110 billion worth of media deals covering 11 years, which reportedly was nearly double the value of […]
YouTube stars help NFL bring in more viewers, league says
YouTuber Deestroying and NFL Commissioner Roger Goodell presenting at YouTube’s Brandcast in May 2023. Credit: YouTube YouTube bet big on the NFL to boost its subscriber base, and content creators have been key to that push. After YouTube committed $2 billion per year to secure the rights to NFL Sunday […]
Bitcoin breaks above $47,000 for the first time since March 2022
Chesnot | Getty Images Bitcoin marched higher to end the week, with its price breaching the $47,000 level for the first time in almost two years. On Friday the flagship cryptocurrency rose more than 4% to $47,307.00, according to Coin Metrics, a level not seen since March 2022. Ether advanced […]
PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years
Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened. Shares of the company fell more than 2% in […]
PepsiCo earnings top estimates, but quarterly revenue slides
Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened. Shares of the company fell more than 2% in […]
China e-commerce player Temu is about to run its second Super Bowl ad — and do $10 million in giveaways
Sopa Images | Lightrocket | Getty Images Temu, the e-commerce app run by Chinese company PDD Holdings, plans to run a Super Bowl ad on Sunday, a spokesperson told CNBC, as it looks to continue growing rapidly in the United States. It’s rare for a Chinese firm to buy a […]