British Prime Minister Rishi Sunak is considering introducing measures that would ban those born after 2009 from ever being able to buy cigarettes

British Prime Minister Rishi Sunak is considering introducing measures that would ban those born after 2009 from ever being able to buy cigarettes, per Reuters. Sources within Whitehall have indicated that the Prime Minister is considering implementing measures akin to those introduced by New Zealand in December of the previous

BlackRock, State Street among money managers closing ESG funds

BlackRock, State Street among money managers closing ESG funds, per Bloomberg. BlackRock Inc. and other asset management firms have dedicated years to launching sustainable investment funds, aiming to tap into the growing interest in ESG (Environmental, Social, and Governance) investing. However, they are now discontinuing a growing number of these

A third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gap

A third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gap, per Moneywise. The use of credit cards has been on the rise, driven by the challenges posed by high inflation. In

Hollywood writers reach agreement with studios, streamers to end strike

Hollywood writers reach agreement with studios, streamers to end strike. Screenwriters and prominent Hollywood studios have tentatively reached a three-year agreement, which, pending ratification, would bring an end to one of the strikes that has effectively halted operations in Hollywood. In a letter addressed to its 11,500 members, the

Mortgage rates on average 30-year mortgage in the US hit 7.39%, the highest since 2000

Mortgage rates on average 30-year mortgage in the US hit 7.39%, the highest since 2000, per Mortgage News Daily. Meanwhile, the American dream of owning a home is slipping out of reach as affordability hits its worst point in nearly four decade, per Bloomberg. A recent report from the

55% of households earning less than $50,000 are living paycheck to paycheck

55% of households earning less than $50,000 are living paycheck to paycheck, per MoneyWise. Three in four Americans who earn less than $50,000 are living paycheck to paycheck, compared to roughly two in three of those making $50,000 to $100,000, per BankRate. A summary: 63 percent

The SEC has charged Citadel Securities for violating Order Marking Requirements of Short Sale Regulations

The SEC has charged Citadel Securities for violating Order Marking Requirements of Short Sale Regulations. The fine is 7 million. For over five years, Citadel incorrectly marked millions of orders improperly long vs. short, leading to inaccurate data to regulators Read the full SEC report here: The Securities and Exchange

The American dream of owning a home is slipping out of reach as affordability hits its worst point in nearly four decade

The American dream of owning a home is slipping out of reach as affordability hits its worst point in nearly four decade, per Bloomberg. A recent report from the National Association of Realtors and Realtor.com highlights the alarming state of the US housing market, where more than 75% of

Mortgage demand stalls at a level not seen since 1996

Mortgage demand stalls at a level not seen since 1996, per CNBC. Meanwhile, mortgage applications in the United States have taken a sharp plunge, reaching their lowest point in 28 years, primarily due to a surge in mortgage rates. The latest data from the Mortgage Bankers Association’s (MBA) Weekly

Portugal is the best European country for retirement based on cost of living, healthcare and more

Portugal is the best European country for retirement based on cost of living, healthcare and more, per CNBC. In June, Portugal launched a 'government-funded' 4-day workweek trial. Employers have agreed to reduce the number of hours employees work every week from without cutting their pay through the 100-80-100

A family is suing Google, $GOOGL, after a husband and father of two drove his Jeep over a collapsed bridge in North Carolina while allegedly following Google Maps, causing him to drive into a creek and drown

A family is suing Google, $GOOGL, after a husband and father of two drove his Jeep over a collapsed bridge in North Carolina while allegedly following Google Maps, causing him to drive into a creek and drown, per Forbes. The navigation system allegedly led him over a bridge that had

India has suspended visa services for Canadian nationals

India has suspended visa services for Canadian nationals after diplomatic escalation, with Canada accusing India of killing a Canadian national on Canadian soil, per Bloomberg. “Due to operation reasons, with immediate effect i.e. 21 September 2023, Indian visa services in Canada have been suspended till further notice,” the letter,

4 out of 10 workers don’t contribute any money at all to a 401(k) or employer-sponsored plan

4 out of 10 workers don’t contribute any money at all to a 401(k) or employer-sponsored plan, per CNBC. The average 401(k) balance for a Gen Zer is about $7,100, per Fidelity. Meanwhile, the retirement savings of Gen Z has come into question as a new

X confirms that video and audio calls are coming to X, as well as payments

X confirms that video and audio calls are coming to X, as well as payments. Elon Musk has made the decision to transform X (formerly known as Twitter) into an "everything app" that offers a range of functionalities. This includes integrating a payment hub processor within the microblogging

Writers and producers are nearing an agreement to end the ongoing WGA strike

Writers and producers are nearing an agreement to end the ongoing WGA strike, per CNBC. David Faber said: After face to face meeting today, writers and producers near agreement to end WGA strike. Met today and hope to finalize deal tomorrow, according to people close to the negotiations, who, while

The U.S. will again offer four free at-home Covid tests starting Monday

The U.S. will again offer four free at-home Covid tests starting Monday. Americans will soon be able to use COVIDtests.gov to request four free tests, the administration said in a release. The government had offered free test kits through that website since January 2022, but the site stopped

he Biden administration has announced will cancel nearly $37 million in student debt for over 1,200 students who attended the University of Phoenix

The Biden administration has announced will cancel nearly $37 million in student debt for over 1,200 students who attended the University of Phoenix. The Department of Education canceled $72 million in federal student loan debt in August for more than 2,300 borrowers who attended the for-profit Ashford University

Ukraine’s Zelensky to meet with William Ackman, the head of Pershing Square Capital; Ken Griffin, CEO Citadel; Jonathan Gray, CEO of Blackstone; and Eric Schmidt, the former CEO of Google, to raise money for Ukraine

Ukraine’s Zelensky to meet with William Ackman, the head of Pershing Square Capital; Ken Griffin, CEO Citadel; Jonathan Gray, CEO of Blackstone; and Eric Schmidt, the former CEO of Google, to raise money for Ukraine, per FOX. The meeting was put together by JPMorgan, the big bank serving as

Donald Trump Jr account hacked

Donald Trump Jr.’s account on the social media platform formerly known as Twitter appeared to be hacked early Wednesday. One post falsely stated that former President Donald Trump had died, according to screenshots. "I’m sad to announce, my father Donald Trump has passed away. I will be

Apple, $AAPL, and Goldman Sachs, $GS, have been planning the launch of a stock trading feature for Apple devices, with the launch on hold

Apple, $AAPL, and Goldman Sachs, $GS,  have been planning the launch of a stock trading feature for Apple devices, with the launch on hold The feature would have allowed users to buy and sell stocks directly from their iPhones, potentially rivaling existing trading apps such as Robinhood, $HOOD, and Cash

Microsoft, $MSFT, wanted to acquire Nintendo, per leaked emails seen by Forbes

Microsoft, $MSFT, wanted to acquire Nintendo, per leaked emails seen by Forbes. Additionally, a new version of the flagship Xbox Series X console, codenamed “Brooklin”, is set to release sometime in 2024 priced at $499. In an internal email chain in August 2020 between Microsoft's current chief marketing

62% of those with student loans say they are somewhat or highly likely to participate in boycotting student-loan payments

62% of those with student loans say they are somewhat or highly likely to participate in boycotting student-loan payments, per Bloomberg. About half of borrowers said the situation has become a national crisis, according to a poll released by Bankrate. A similar share said the federal government has not done

A recession will hit by the spring, and the S&P 500 will crash by 25% or more, per David Rosenberg

A recession will hit by the spring, and the S&P 500 will crash by 25% or more, David Rosenberg has said. Rosenberg highlighted the historical trend that the stock market tends to experience a 30% decline during a recession. He proposed that the S&P 500 might

US housing starts fall to lowest level since 2020 in worrying sign for the economy

US housing starts fall to lowest level since 2020 in worrying sign for the economy, per BI. US home sales are headed for the largest slowdown since 2011, per Fannie Mae. In the first half of this year, a mere 1% of all US homes underwent a change of ownership,

The stock market has entered its worst 10-day stretch of the year historically

The stock market has entered its worst 10-day stretch of the year historically, per CNBC. "The weak start to September does not bode well for the bullish seasonality scenario that we highlighted entering the month. The S&P 500 dropped 1.27% over the first 10 sessions of