This year, 40% of Americans said they do not make financial resolutions for the new year and 68% said they do not have written financial plans at any point in the year, according to research from BMO Financial Group. However, setting a budget goes a long way in managing your […]
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Ancora picks up a stake in Elanco. How the investor may push to help improve margins
Sally Anscombe | DigitalVision | Getty Images Company: Elanco Animal Health (ELAN) Business: Elanco is an animal health company that delivers products and services to prevent and treat disease in farm animals and pets. Its portfolio serves animals across its core species and offers products in two categories: Pet Health, […]
Prosecutors say they will not pursue second Sam Bankman-Fried trial
Indicted FTX founder Sam Bankman-Fried arrives at the United States Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters Prosecutors have decided not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried. In a note to Judge Lewis Kaplan on Friday, the U.S. government explained […]
Tech stocks just wrapped up one of their best years in past two decades after 2022 slump
The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty Images Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, […]
Avoid telling your boss ‘I don’t know,’ says career coach—here’s what to do instead
Nobody wants to look incompetent or unskilled in the workplace. Unfortunately, the words we use every day can make us do just that. There’s one common phrase experts say to avoid if you’re speaking with your boss: “I don’t know.” “The simple acceptance of not knowing” can make it seem […]
10-year Treasury yield finishes flat near 3.86% as traders wrap up a rollercoaster year
The yield on the 10-year Treasury note was little changed on Friday as investor attention focused on the path ahead for the economy and monetary policy, and traders wrapped up a significant year for bonds. The yield on the 10-year Treasury ross less tgan 2 basis points to 3.866%. The […]
U.S. crude oil sheds more than 10% for the year in first annual decline since 2020
A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images U.S. crude oil closed out the year more than 10% lower as bearish sentiment has taken over due to worries that the market is oversupplied […]
Student loan borrowers won’t face significant penalties for missed payments through September 2024
Miodrag Ignjatovic | E+ | Getty Images Borrowers don’t need to apply Borrowers do not need to enroll in the on-ramp period, the U.S. Department of Education says. If your loans were eligible for the pandemic-era payment pause, which mainly include those in the Direct program, then borrowers will also […]
SpaceX sets new rocket record with 96 successful launches in 2023
A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on Oct. 13, 2023. Chandan Khanna | AFP | Getty Images Elon Musk’s SpaceX smashed its previous annual record for orbital rocket launches, pulling off 96 successful missions in 2023 at […]
Women are at greater risk in retirement. Here are ways to overcome a savings shortfall
What begins as a gender wage gap inevitably becomes a significant shortfall by retirement. In the U.S., women who work full time are typically paid about 80 cents for every dollar paid to their male counterparts. That gap has persisted despite women’s increasing levels of education and representation in senior leadership positions. […]