Reed Hastings, chief executive officer of Netflix Patrick T. Fallon | Bloomberg | Getty Images A small but significant group of Netflix and Disney+ users have told Bank of America they expect to cancel their Netflix subscriptions, rekindling concerns that new combatants in Wall Street’s “Streaming Wars” could hamstring current players. The bank’s survey of
Wong Sze Fei / EyeEm The new year is fast approaching, and building an emergency fund for unexpected expenses should be at the top of your financial to-do list for 2020. Having fast cash at the ready for emergency situations — be it a surprise medical bill, necessary home repair, job loss or even a
By Liz Seegert, Next Avenue Contributor Getty Images Pete Buttigieg has a plan to help those in need of long-term care. A really ambitious plan. The South Bend, Ind., mayor and 2020 Democratic presidential hopeful recently released his Dignity and Security in Retirement proposal, part of his campaign’s efforts to address the very real and
Share to facebook Share to twitter Share to linkedin As it stands, it’s a complete “nonevent” for the market. Spencer Platt/Getty Images Topline: With the House of Representatives expected to vote in favor of impeaching President Donald Trump on Wednesday evening, the stock market has largely trended flat, with little movement to either the upside
Student loan company SoFi recently found that 61% of millennials said they have delayed buying a … [+] home because of their student loan debt. Getty More than 44 million Americans hold nearly $1.5 trillion in student debt, and that debt is affecting the decision of millennials to buy homes. Student loan company SoFi recently
Participants hold signs in New York, NY while protesting efforts to repeal and replacement of the Affordable Care Act on July 29, 2017. Pacific Press | Getty Images A federal appeals court on Wednesday ruled that the Affordable Care Act’s individual mandate provision was unconstitutional but punted on deciding whether the rest of the landmark
A booth of Micron Technology at an industrial fair in Frankfurt, Germany. Kai Pfaffenbach | Reuters Check out the companies making headlines after the bell: Shares of Micron jumped 4% during extended trading after the chipmaker posted a first-quarter beat on the top and bottom line. Micron earned 48 cents per share excluding certain items
Mark Wragg | Stockbyte | Getty Images Credit cards are a growing problem for everyone. Overall, Americans have $830 billion in credit card debt as of the second quarter of 2019, a 6% jump year over year, according to the most recent report from Experian. It is the second-fastest-growing type of debt, after personal loans,
A FedEx employee loads up deliveries in San Francisco. Getty Images “Face plant” and “awful” aren’t descriptors CEOs want to hear after reporting quarterly profit numbers. But FedEx’s second-quarter results were so bad — the profit decline so steep — that such severe language is not only justified, but it wouldn’t be surprising to see
Some of the cash you’ve been accumulating all year is about to disappear for good. Health-care flexible spending accounts, or FSAs, are tax-advantaged accounts you may be able to find at work. You can save pretax dollars in these accounts and then use your money tax-free to pay for qualified medical costs. You can’t hold