Major stock benchmarks were all down over the past week, with the Nasdaq down 2.6%, the S&P 500 down 1.2% and the Dow Jones Industrial Average down a fraction. The weekly decline in the S&P 500 broke a four-week winning streak. Contributing to the pullback were higher-than-expected retail sales figures excluding the impact of auto …
Week in review, the week ahead – August 19, 2022 Read More »
Since the Thomas fire and debris flow of 2017-18, home insurance in the Santa Barbara/Montecito area has been a very big issue for people looking to get proper insurance for their home. “Is my home in a high fire risk area” and/or “Can I even get insurance on a new home I’m interested in” are …
Bob Walsmith: A Homeowner/Fire Insurance Guide | business Read More »
The Biden administration is declaring monkeypox a public health emergency as the U.S. outbreak has grown into the largest in the world, the nation’s top health official said Thursday. Health and Human Services Secretary Xavier Becerra’s emergency declaration will help mobilize more resources to combat the outbreak, which has spread rapidly since health officials in …
The Biden administration will declare monkeypox a public health emergency Read More »
text size China’s economic woes and Covid outbreaks are one of the reasons why the country’s small businesses and start-ups are suffering. Jade Gao/AFP via Getty Images Overshadowed by the headline-grabbing stories of China’s struggling economy, Covid outbreaks and tensions surrounding Taiwan are the devastating impact the country’s troubles are having on smaller businesses and …
China’s myriad problems are crushing small businesses and startups Read More »
Asia-Pacific residents are mostly able to travel again. But some dare to pack their bags more than others. According to a new survey commissioned by travel website Booking.com, travel confidence in the region is “diverse and nuanced”. About 11,000 people in the region were asked about their well-being and concerns, and their willingness to tolerate …
Indian travelers more confident than Japanese, Aussies Read More »
Kateryna Onyshchuk iStock | Getty Images If your income is trending a lot higher than you expected this year, it’s probably a welcome change. However, for anyone getting their private health insurance through the public market, that extra cash could mean an unexpected tax bill when they prepare their 2022 tax returns next spring. A …
How to avoid tax surprises in health insurance in the market Read More »
Isabel Garcia Nevett makes adjustments to her store again. Having weathered the pandemic and grappled with rising inflation, she is now considering how her Miami-based chocolatier, Garcia Nevett Chocolates, can weather a potential recession. As her small business grows with corporate gifts, she worries about spending cuts. “All the companies that we want to do …
How small businesses are battling inflation and fears of a recession Read More »
Flux Factory | E+ | Getty Images Travelers saw prices drop for large chunks of their vacation budgets in July, offering at least a temporary respite from rising costs earlier this year. Airfares fell nearly 8% from June to July, while rental car prices and accommodations such as hotels fell 9.5% and about 3%, respectively, …
Travel expenses fell in July. This is how you can get a good deal Read More »
Every weekday, the CNBC Investing Club hosts a “Morning Meeting” live stream with Jim Cramer at 10:20 am ET. Here’s a recap of Wednesday’s key moments. Financials gain as inflation cools Quick mentions: LIN, CRM, WYNN Disney needs to talk about more than streaming 1. Financials are big winners today Stocks rose on Wednesday after …
3 takeaways from Wednesday’s ‘morning meeting’ of the Investing Club Read More »
Senate Majority Leader Chuck Schumer, DN.Y. discusses the Inflation Reduction Act on August 7, 2022 in Washington, DC Kent Nishimura | Los Angeles Times | Getty Images Senate Democrats cut a tax break for certain pass-through businesses as part of inflation-reducing legislation passed Sunday. A pass-through or flow-through business is one that reports its income …
The Inflation Reduction Act limits the pass-through tax concession for two more years Read More »
