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'Nope' hopes to be Jordan Peele's latest out-of-this-world hit
Jordan Peele is hoping to go three-for-three at the box office.The director's third movie, "Nope," opens this weekend, and despite a plot shrouded in mystery it's one of the most anticipated films of the year. The Universal Pictures film, which…
Recession warning: Some Americans are having trouble paying bills
Is America's economy already in a recession? That's a debate among central bankers, investors and economists, not to mention politicians. But one thing is clear: Some consumers, especially less affluent ones, are starting to have trouble paying their bills…
Opinion: Without real solutions, renters will continue to be worse off
Over the past year, both rents and home prices have risen faster than inflation, and the surge in housing prices has outpaced wage growth. But renters — who were already more financially vulnerable than homeowners before the pandemic — are…
You're not the only one who's confused about the economy. The experts are baffled, too
The recovery wasn't supposed to go like this. Wall Street and Main Street alike are suffering from whiplash when it comes to the current state of the US economy.In their roles as consumers, investors and members of the workforce, ordinary…
Why a social media app is dragging the market lower
An average 347 million people use Snapchat every day. That's a fraction of the nearly 2 billion daily active users on Facebook, its biggest competitor.But parent company Snap's warning on the economy — coupled with its dismal results — is…
Germany bails out its biggest natural gas importer
The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of Europe's natural gas crisis.Gas distributor Uniper will receive up to €15 billion ($15.3 billion) from the government after months of…
Women with chronic conditions struggle to find medications after abortion laws limit access
Not 24 hours after the US Supreme Court overturned…
As more coupons move online, older and low-income shoppers get left out
Susie Ingram has been a coupon-clipper all her life."It has saved me a lot of money over the years," said the 62-year-old resident of DeBary, Florida. She clips coupons and redeems them at her local Winn-Dixie supermarket to save on…
China extends property loans at the fastest pace in three years as mortgage crisis spreads
China's banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers' demand, as a growing mortgage boycott by homebuyers exacerbates the country's real estate woes.The China Banking and Insurance Regulatory Commission (CBIRC) reiterated…
To infinity and beyond: Mattel announces toy deal with SpaceX
Mattel, Inc. announced Wednesday that it has entered into a multi-year, worldwide agreement with SpaceX to create a line of rocket- and astronaut-themed toys "to cater to the inner explorer in every child."Not only is this targeted at younger age…
How to invest like Warren Buffett during a recession
Between 2020 and 2022, stocks shot toward the moon. This year, they've been jettisoned back to Earth.The S&P 500 is down about 18% year-to-date, inflation rates are at 40-year highs, geopolitical chaos abounds and a recession is looming. The easy-money…
Domino's is still struggling to get pizza to your house
Domino's is still struggling with delivery."The delivery business continued to be more pressured," in the second quarter due to staffing problems, said CFO Sandeep Reddy during an analyst call Thursday. Delivery sales at stores open at least a year fell…
Tesla dumped a big chunk of its bitcoin holdings. Should you?
Bitcoin prices were cooling off Thursday following a big spike in the past week. And it appears Elon Musk might be partly to blame.The price of one bitcoin fell 3% Thursday to about $23,000 after Tesla disclosed in its latest…
Mortgage rates tick higher again as recession fears loom
Mortgage rates ticked higher for the second week in a row as more economic indicators flashed warning signs of an impending recession.The 30-year fixed-rate mortgage averaged 5.54% in the week ending July 21, up from 5.51% the week before, according…
American and United airlines return to profitability
American and United airlines both reported their first operating profit since the start of the pandemic, as strong demand for air travel and high fares allowed the carriers to overcome rising fuel prices.But the good news for airline investors was…
The European Central Bank raises rates for the first time in 11 years
In a bold attempt to get inflation under control, the European Central Bank on Thursday announced it would hike its key interest rate by a half percentage point.That marks the first time since 2011 that the ECB has raised rates,…
Monkeypox spreading in 'cluster events,' but vaccines can help stop it, local health officials say
The monkeypox virus has spread quickly in clusters across the United States…
BA.5 is causing more Covid-19 reinfections, data suggests, but they don't appear to be more frequent
It's not your imagination: As the rapidly spreading BA.5 coronavirus subvariant causes a surge in infections across…
Think more quickly as you age by boosting exercise and mental activities, study says
Keeping your body and brain fit has long been a prescription for better mental health as you age.…
China fines Didi $1.2 billion for violating cybersecurity and data laws
China's cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion) on Thursday for violating cybersecurity and data laws, putting an end to a yearlong investigation into the ride-hailing giant.The Cyberspace Administration of China (CAC) said in a…
These are the keys to 401(k) investing success in a falling market
There really was no place for 401(k) investors to hide in the first half of this year. Even though their portfolios took a hit, they didn't run for the hills.The Nasdaq was down 30%, while the S&P 500 and Russell…
Europe's economy is in dire straits. This week presents a crucial test
Europe's economy, which accounts for almost a fifth of the world's output, is facing its toughest test since the pandemic erupted more than two years ago. A cocktail of risks threatens to throw growth into reverse at a moment of…
As Fauci warns monkeypox needs to be taken more seriously, former FDA commissioner says the window to control it 'probably has closed'
As cases of monkeypox continue to rise in the US, a top health official is…
