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Monthly Archives: December 2022

What borrowers can do while student loan forgiveness is up in the air

Creatas | Creatas | Getty Images 1. Make the most of extra cash With headlines warning of a possible recession and layoffs picking up, experts recommend that you try to put away the money you’d usually put toward your student debt each month. Certain banks and online savings accounts have …

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Southwest Airlines expects normal operations Friday after cancellations

Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Baltimore, Maryland, December 27, 2022. Michael McCoy | Reuters Southwest Airlines confirmed on Thursday that it expects to run a normal schedule …

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The most expensive ZIP codes in New York and Los Angeles

Homes cost more than $4 million in the most expensive in greater New York- and Los Angeles-area neighborhoods, with Sagaponack, New York, leading the pack, according to an analysis that compared the nation’s two largest metropolises. The median price for a home in the tony Hamptons enclave costs $6,972,500, according …

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Don’t overpay for prescriptions—even well-marketed ones

This is an excerpt from the CNBC Make It newsletter. Subscribe here. How much would you pay to preserve the thing you find most attractive about yourself? For me, that thing is my hair. In times when I felt otherwise unappealing, my hair was always there — thick, coifed and widow’s …

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VanEck is winding down its Russia ETFs after invasion froze U.S. investing in Moscow

Russian President Vladimir Putin chairs a meeting with members of the Security Council at the Novo-Ogaryovo state residence outside Moscow, Russia November 25, 2022.  Alexander Shcherbak | Sputnik | Reuters VanEck is liquidating its Russia-centric exchange-traded funds after the ongoing war in Europe has effectively severed the Russian market from …

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Here’s why egg prices surged in 2022 even as the cost of chicken eases

D3sign | Moment | Getty Images The surge in egg prices has stood out in a year when Americans saw their bills balloon across the grocery store. Average egg prices jumped 49.1% in November compared with those a year earlier — the largest annual percentage increase among all grocery items …

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The biggest mistakes owners make when selling their business

Robert Daly | Getty Images For many entrepreneurs, the sale or transfer of a business is like giving up a baby they have raised from infancy.  Certainly, there’s a lot at stake economically, given that 80% to 90% of owners have their financial wealth locked up in their companies, according …

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Million dollar retirement savings lasts longest in these states

Nearly 30% of millennials and 25% of Gen Zers think they’ll need $1 million or more to retire comfortably according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. Retirement can last 25 years or more after you stop working, according to Fidelity Investments. But …

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Amazon shed half its value in 2022 as tech stocks got crushed

An Amazon driver loads packages into a delivery van at an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia. Justin Sullivan | Getty Images It was a brutal year for mega-cap tech stocks across the board. But 2022 was especially rough for Amazon. Shares of the e-retailer are …

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New salary transparency laws going into effect in 2023

The salary transparency movement is well underway: In 2021, Colorado paved the way for new laws requiring businesses to list salary ranges on job ads, and New York City rolled out its own pay range law in November 2022. A handful of other states and cities say employers must share …

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