Many people can't afford long-term care insurance. One proposal calls for creating a federal program to help – CNBC
Hinterhaus Productions | Getty Images As the historic baby boomer generation reaches retirement age, finding affordable long-term care is difficult. Rep. Tom Suozzi (D-N.Y.) said Thursday that “there's going to be a big storm in this country where there are a lot of people who can't take care of themselves.” Welfare Research Institute Policy Forum […]
What are Social Security's trust funds? New debate emerges on program's financing – CNBC
Richard Stephen | iStock | Getty Images There is still no new leadership in Washington, D.C., but Sen. Mike Lee (R-Utah) announced this week that The future of social security In a series of posts on social media platform X. Programs that provide monthly checks Over 65 million Beneficiaries are facing funding problems and the […]
Stock futures are little changed after S&P 500, Nasdaq notch new closing highs: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were little changed on Wednesday night, which was a record day for stock prices. Futures linked to the Dow Jones Industrial Average It fell […]
Stocks making the biggest moves after hours: American Eagle Outfitters, Five Below, Synopsys and more – CNBC
Let's check out the companies that are becoming a hot topic for after-hours trading. American Eagle Outfitters – Shares fell 12% after the company reported lower-than-expected third-quarter earnings. American Eagle's revenue for the period was $1.29 billion, below the consensus estimate of $1.3 billion, according to LSEG. The company also gave a weak outlook for […]
Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more – CNBC
Check out the companies that are trending in intraday trading. JetBlue Airways — The airline said in a regulatory filing that it expects its full-year revenue outlook to decline by less than originally expected. JetBlue boosted its forecast after bookings for November and December exceeded expectations. The stock price rose 8%. Roku — Stocks rise […]
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds – CNBC
Photo | Future Publishing | Getty Images ETFs that give retail investors greater exposure to individual stocks are booming. This could be an ominous sign for the market and for the funds themselves where the glitch appears. Leveraged single-stock ETFs hit a record $17 billion in trading volume on Nov. 21, according to Todd Thorne, […]
UnitedHealth cancels investor day after reports of executive shot in Manhattan – CNBC
A scene outside the Hilton Hotel in New York City after the shooting that killed UnitedHealthcare CEO Brian Thompson on December 4, 2024. Estelle Bloom | CNBC CEO Brian Thompson said: united health groupinsurance department was fatally shot Wednesday morning in midtown Manhattan, a person familiar with the matter told CNBC. UnitedHealth Group canceled investors […]
S&P 500 futures are little changed after index posts another record close: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) on November 29, 2024 in New York City, USA. Brendan McDiarmid | Reuters S&P 500 futures were flat on Tuesday night after the market-wide index hit a new record close. futures tied to S&P500 The amount added is less than 0.1%. Nasdaq 100 […]
Medicare open enrollment ends Dec. 7. These last-minute tips can help – CNBC
Brigade of Good | Digital Vision | Getty Images Older Americans have just days left to evaluate next year's Medicare coverage. medicare annual Public recruitment period Medical insurance and prescription drug coverage will continue until December 7th. Experts say it's worth it for Medicare 67.8 million Beneficiaries need to ensure they receive the coverage that […]
New ETF gives regular investors access to booming new market on Wall Street – CNBC
The title of the new fund hitting the market on Tuesday includes a phrase familiar to ETF investors: “Private Credit.” The BondBloxx Private Credit CLO ETF (PCMM) will be listed on the Nasdaq on Tuesday, part of a broader effort to make lending by non-bank financial companies more easily available to everyday investors. Private credit […]