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Monthly Archives: December 2022

Nike (NKE) Q2 earnings 2023

People walk past a store of the sporting goods retailer Nike Inc. at a shopping complex in Beijing, China March 25, 2021. Florence Lo | Reuters Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations, but rising inventory and costs squeezed the company’s margins. Here’s how Nike …

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How to help loved ones with disabilities during holidays

Jeannie Mai Jenkins, a TV host on syndicated talk show “The Real,” kept her Aunt Linh’s multiple sclerosis (MS) diagnosis a secret from her other family members, until her aunt was ready to tell them herself. The neurological condition kept Mai Jenkins’s aunt from being physically present at family events, …

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Democrats’ Senate Majority PAC to return Bankman-Fried donations

FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force at the Nassau, Bahamas, courthouse on December 19, 2022.  Kris Ingraham | Afp | Getty Images The pro-Democratic Senate Majority PAC plans to return $3 million in donations from former FTX CEO Sam …

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Marvel sequels are most anticipated movies of 2023: Fandango survey

Still image from Spider-Man Into The Spider-Verse Source: Sony Pictures Movie fans apparently can’t get enough of superheroes. A trio of upcoming Marvel movies − the newest installments of the Guardians of the Galaxy, Spider-Man and Ant-Man franchises − are the top three most anticipated films for 2023, according to …

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Porsche starts production of e-fuel that could provide gas alternative

Barbara Frenkel, member of the executive board for procurement at Porsche, (left) and Michael Steiner, member of the executive board for development and research fuel a 911 with e-fuel at a pilot plant, Punta Arenas, Chile. Porsche AG Porsche and several partners have started production of a climate-neutral “e-fuel” aimed …

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Rents are still high, even after cooling at fastest pace in 19 months

A ‘For Rent’ sign in front of a building on December 06, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images Rents for both single-family homes and apartments are still rising, but at a far slower pace, as inflation squeezes consumers and landlords lose pricing power. Rent growth in …

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Biden unveils stricter emissions rules for heavy-duty trucks

Emissions-producing diesel trucks and cars pass non-polluting windmills along the 10 freeway on December 8, 2009 near Banning, California. Getty Images The Biden administration on Tuesday announced stricter standards on smog-forming emissions from trucks, vans and buses starting in the 2027 model year, the first of several federal actions aimed …

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Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up

Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars in fiscal spending, but ultimately when that is used up, I think we’ve got a mild recession, and if interest …

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‘Secure 2.0’ on track to usher in changes to the retirement system

Bill Koplitz | Moment | Getty Images Another round of changes to the U.S. retirement system appears to be on its way. A collection of retirement-related provisions known as “Secure 2.0” is included in a 4,100-page, $1.7 trillion spending bill — which would fund the government for the 2023 fiscal …

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How to use a required minimum distribution for unpaid quarterly taxes

Sdi Productions | E+ | Getty Images If you’re retired and skipped your 2022 tax payments, you can still avoid late penalties with an under-the-radar year-end strategy, experts say. Since taxes are due as you receive income, you must withhold levies from earnings or pay quarterly estimated tax payments. You …

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