US President Joe Biden looks on prior to a signing ceremony in the East Room of the White House in Washington, DC, on May 25, 2022. JIM WATSON/AFP via Getty Images Navient CEO Jack Remondi said in a recent earnings call that he anticipates Biden will extend the student-loan payment pause. Payments are currently set…
Monthly Archives: August 2022
Tori Dunlap. Courtesy of Her First $100K Tori Dunlap is a financial expert and the founder of Her First $100K. She says creating a value-based spending system can make you happier and save you money. Keeping a money diary and adding extra income streams are effective ways to prepare for a recession. With inflation rampant…
US President Joe Biden. AP Photo/Susan Walsh, File S&P 500 earnings should take just a “modest” hit from the Inflation Reduction Act, said investment firm Glenmede. Earnings face a bigger threat from the macro environment with inflation still running hot. The legislation includes a 1% tax on share buybacks and a new minimum 15% corporate…
The customer experience (CX) landscape has changed dramatically over the last year. And consumers have been moving toward demanding more frictionless payment methods across online and offline channels. Do you work in the Ecommerce and Retail industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research. The following…
Republican U.S. Senate candidate JD Vance arrives onstage after winning the primary, at an election night event at Duke Energy Convention Center on May 3, 2022 in Cincinnati, Ohio. Drew Angerer/Getty Images In 2020, prior to running for office, JD Vance made $347,752 in book royalties from his novel, “Hillbilly Elegy.” One year later, after…
President Vladimir Putin and Deputy Prime Minister Denis Manturov. Getty Images Russia’s gray market imports total $6.5 billion since May, according to Deputy Prime Minister Denis Manturov. That figure could balloon to $16 billion by the end of the year as Moscow is trying to circumvent Western sanctions. Such unauthorized imports provide goods for Russia’s…
Behavioral finance biases explain why we don’t always make rational financial decisions. kate_sept2004/Getty Images Behavioral finance biases can influence our judgment about how we spend our money and invest. Common pitfalls include mental accounting errors, loss aversion, and herd behavior. Understanding these biases can help you overcome them and make better financial decisions. Imagine you…
The 2011 Nissan Leaf. Nissan A new federal tax incentive is coming for used electric-car purchases. Shoppers should understand that electric cars lose battery capacity as they age. But used electric cars may have fewer problem areas than aging gasoline vehicles. Congress has passed a bill that will make used electric cars cheaper than ever…
A still from Amazon’s soon-to-be-released “The Lord of the Rings” series. Amazon Amazon founder Jeff Bezos chimed in on his company’s “The Lord of the Rings” prequel airing Sept. 2. It’s likely to rake in major viewership numbers and, in turn, new subscribers. But Bezos told Time “our hearts are in it” and that he…
The major cost-cutting drive at Warner Bros. Discovery is continuing, as the company is reportedly laying off around 70 workers across HBO and HBO Max. Most of the cuts are on the side of the streaming service, according to Deadline. The layoffs account for around 14 percent of staffers across the two divisions. HBO Max’s…