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Monthly Archives: August 2019

Why mobile payments have barely caught on in the U.S.

The Apple Pay logo is displayed in a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system. Getty Images Despite growing smartphone dependence, most Americans still aren’t using the devices to pay for things. In other countries, it’s a different story. Places …

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Wall Street hasn’t been this negative about earnings growth in three years

Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images Earnings growth estimates have come down drastically since the beginning of the year, when many investors were expecting a big year for the U.S. economy. At the start of 2019, …

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Here’s what you should know about Medicare if you’re nearing age 65

Don Humbertson, a 64 year old lung cancer surviver, is examined by Dr. Wade Harvey at the Clay-Battelle Community Health Center March 21, 2017 in Blacksville, West Virginia. Brendan Smialowski | AFP | Getty Images After paying into Medicare through payroll withholding for many years, you might think your coverage …

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5 things to know before the stock market opens August 29, 2019

1. Dow set to soar at the open on renewed China trade optimism Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were pointing to a more than 250-point advance at Thursday’s open for the Dow Jones Industrial Average. Adding support, …

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Mario Davidovsky, Composer Who Made Electronics Sing, Dies at 85

Mario Davidovsky, a Pulitzer Prize-winning composer who opened up new vistas in chamber music by pairing live acoustic instruments with electronics, died on Friday at his home on the Upper West Side of Manhattan. He was 85. The cause was heart failure, his son, Matias, said. Like many of his …

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Five Below is tumbling after earnings, and traders see a better buy in the space

Five Below is slumping after hours Wednesday.  The discount retailer tumbled 6% in extended hours after falling short of analysts’ revenue estimates in its recent quarter. Dollar General and Dollar Tree are due to release their results Thursday morning. Mark Tepper, president of Strategic Wealth Partners, says one name is …

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Hurricane Dorian strengthens to Cat 1 storm as it slams through Virgin Islands, threatens Florida

Dorian has become a Category 1 hurricane near St. Thomas in the United States Virgin Islands as it moves toward Puerto Rico, threatening heavy flooding and landslides in the U.S territory still recovering from Hurricane Maria nearly two years ago. It’s expected to strengthen into a dangerous Category 3 hurricane …

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Gas prices are down and more drivers will hit the road this Labor Day

If you’re heading out on an end-of-summer road trip this Labor Day, you might find yourself spending less on fuel and more on food and fun. That’s thanks to what may be the lowest average nationwide gasoline rates for this holiday weekend in three years, according to AAA. Today’s average …

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How homeowners can financially prepare for major storms like Dorian

If you live in a hurricane-prone area, now’s a good time to check your insurance and how financially prepared you’d be if disaster were to strike. While the 2019 Atlantic hurricane season has been a quiet one so far, Dorian is on track to disrupt that. The storm, expected to …

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Bon Iver Steps Back From the Brink on ‘i,i’

“I can hear, I can hear crying,” Justin Vernon repeats, louder and louder, as music rises around him: drums, guitars and horns along with voices mixed to sound near and far. It’s a track called “Naeem” that arrives at the midpoint of “i,i,” the fourth album Vernon has made as …

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