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Monthly Archives: August 2023

Options for struggling student loan borrowers when payments restart

Jacob Wackerhausen | Istock | Getty Images More from Life Changes: Here’s a look at other stories offering a financial angle on important lifetime milestones. 1. Deferments Struggling borrowers should first see if they qualify for a deferment, experts say. That’s because their loans may not accrue interest under that …

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The search for ‘the next Warren Buffett’ is over — He’s sui generis

Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Every so often, a hot new investor on the rise is crowned “the next Warren Buffett” by the financial media, followed swiftly by …

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Here’s the inflation breakdown for July 2023, in one chart

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Annual inflation rose slower than expected in July, a welcome sign for consumers who have been grappling with high costs. But many Americans are still feeling the sting of …

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Virgin Galactic launches first tourists on Galactic 02 spaceflight

[The livestream is slated to begin at 11 a.m. ET. Please refresh the page if you do not see the video player above.] Virgin Galactic flew its second commercial spaceflight on Thursday, its first carrying private-paying tourists. Called Galactic 02, the flight launched from Spaceport America in New Mexico. The …

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X Corp. CEO Linda Yaccarino says she has ‘autonomy’ under Elon Musk

X Corp. CEO Linda Yaccarino told CNBC that she has “autonomy” under owner Elon Musk in an interview Thursday, adding that advertisers should be comfortable returning to the platform under her leadership. Yaccarino pointed to the post on the platform previously known as X announcing her hiring, where Musk underscored …

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How Warren Buffett’s protégé Tracy Britt Cool invests like him

If you want to invest using the same principles as Berkshire Hathaway chairman Warren Buffett, there’s no shortage of articles offering advice on how to do it. Few investors, however, have gotten the opportunity to emulate the Oracle of Omaha the way Tracy Britt Cool has. As one of Buffett’s …

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Ivy League law schools where graduates earn the most

Ivy League law schools like Harvard and Yale have produced presidents, Supreme Court justices, senators and more. But even if you’re not looking to go the political route, earning a graduate-level law degree from an Ivy can pay off big time.  The median annual earnings among graduates who were working …

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CPI inflation July 2023: Inflation rose 3.2% annually

The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated 0.2% for the month, in line with the Dow Jones estimate, the Bureau of Labor Statistics reported Thursday. However, the …

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Disney to raise Disney+ price for ad-free plan

The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019. Chesnot | Getty Images Disney is raising prices on almost all of its streaming offerings as it looks to accelerate profitability for the business. Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. …

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SMIC Q2 2023 earnings report

BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corp. posted on Thursday a …

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