The U.S. Treasury Department in Washington. Al Drago/Bloomberg via Getty Images I bonds broke daily, weekly and monthly sales records The Treasury sold $994 million of I bonds before the deadline on Friday — nearly as much in one day as during the three years from 2018 to 2020, when …
Read More »Monthly Archives: November 2022
Amazon expands ad-free music, podcasts for Prime members
The Logo of music streaming platform and online music store Amazon Music is displayed on a smartphone on December 14, 2018 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Amazon is expanding its selection of ad-free music and podcasts for Prime members, the latest effort to sweeten the …
Read More »Nearly half of Gen Z and millennials want crypto in 401(k)s
If you’re dreaming of combining your cryptocurrency investments with your retirement savings, you’re not alone. Nearly 50% of Gen Z and millennial employees wish they could invest in cryptocurrency via their 401(k) retirement plan, according to Charles Schwab’s “2022 401(k) Plan Participant Study,” which surveyed 1,000 401(k) plan participants between …
Read More »Affluent shoppers embrace secondhand shopping
Bargain hunting is certainly not new. But with the Covid pandemic came a surge in “thrifting,” or buying and selling pre-owned goods. At first, some families under financial pressure looked to secondhand shopping as a way to save. Then it became mainstream. More from Personal Finance:66% of workers are worse …
Read More »SpaceX launches Falcon Heavy rocket on Space Force mission
[The webcast is scheduled to begin at 9:26 a.m. ET. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX on Tuesday is set to launch the first Falcon Heavy mission in over three years, a towering rocket that is the most powerful currently …
Read More »U.S. and UAE sign strategic partnership deal to spur $100 billion in clean energy investment
Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, August 17, 2022. Nathan Frandino | Reuters ABU DHABI, United Arab Emirates — The United States and United Arab Emirates on Tuesday announced the signing of a strategic partnership that will see …
Read More »Abiomed, Uber, SoFi, Pfizer and more
Take a look at some of the biggest movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket trading after agreeing to be acquired by Johnson & Johnson (JNJ) in a nearly $16.6 billion deal. J&J will pay $380 per share for the maker of heart, lung …
Read More »Oil giant Saudi Aramco’s quarterly profit surges 39% on higher prices
ABU DHABI, United Arab Emirates — State oil giant Saudi Aramco reported a 39% rise in net income for the third quarter year-on-year, on the back of higher crude prices and tightening global supply. Net income rose to $42.4 billion for the quarter, up from $30.4 billion the previous year …
Read More »Energy sector needs firms with mentality of Tesla to move forward: CEO
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a Tesla to disrupt … the car manufacturing sector, it took an Amazon to disrupt the retail market, …
Read More »Next winter will be more challenging, oil CEOs warn
PCK Schwedt oil refinery in Schwedt, Germany on Monday, May 9, 2022. Krisztian Bocsi | Bloomberg | Getty Images ABU DHABI, United Arab Emirates — Politicians and governments around the world are bracing for potential civil unrest as many countries grapple with mounting energy costs and rising inflation. The global …
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