The recent rate cut from the Federal Reserve will likely not be the last this year, which means investors need to start assessing their cash allocations, according to UBS. There is $7.3 trillion in cash sitting in money market funds, close to a record, according to the Investment Company Institute . But the solid rates…
Skin cancer is prevalent in the United States, and still there are many misconceptions about skin protection — especially when it comes to sunscreen. There are plenty of things people aren’t aware of when it comes to how sun exposure can affect the skin, says Dr. Adam Friedman, professor and chair of dermatology at GW…
Louisa Serene Schneider has never been short on business ideas. She once started a yoga-wear company (“long before Lululemon existed,” she says) and at another point tried to launch a language tutoring business. Neither of them stuck, but ideas kept coming. Then, in 2017, Schneider came up with an idea that she felt had momentum….
Randy Holmes | Contributor | Getty Images Jimmy Kimmel’s fate at ABC is still up in the air as talks with Disney reportedly continue. The late-night host is in ongoing discussions with Disney and ABC executives about the conditions under which his long-running show “Jimmy Kimmel Live!” could return to air, according to Variety, which…
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters The Trump administration stepped in to stop U.S. Steel from idling operations at its Granite City, Ill., plant, exercising new powers tied to the company’s recent takeover, the Wall Street Journal…
The stock market reached records again this week, propelled by the Federal Reserve’s decision to cut interest rates for the first time since last December. The S & P 500 and Nasdaq hit a number of all-time closing highs this week, one as recently as Friday, after the Fed announced a quarter-point reduction to the…
Torsten Asmus | Istock | Getty Images Longer-term Treasury yields jumped this week, flying in the face of the Federal Reserve’s interest rate cut, as bond investors didn’t get the assurances they sought. The 10-year Treasury yield jumped as high as 4.145% after briefly falling below 4% this week. The 30-year Treasury yield — closely…
Disney is under siege from all sides. Within 48 hours of its decision to pull late-night host Jimmy Kimmel off the air indefinitely, the parent company of ABC has once again found itself at the center of a bitter political battle. The company now faces protests outside its studios, celebrities threatening to break ties and…
Costco Wholesale, Sam’s Club and BJ’s Wholesale stores. Getty Images On Costco’s last earnings call, executives were grilled about a problem few companies have: how is the company managing crowded stores and jammed-up parking lots? That dilemma is a sign of the times for membership-based warehouse clubs. More Americans have literally joined the club —…
Milorad Kravic | E+ | Getty Images When buying a car, whether new or used, experts say that a specific framework can be a great starting point to keep costs down. The so-called “20-4-10” rule uses three components to help you determine if a car purchase is affordable: the ideal down payment, the maximum recommended…
