James Van Der Beek selling ‘Varsity Blues’ merchandise to combat ‘financial burden’ of cancer
Fame and wealth don't keep you from getting cancer. Actor James Van Der Beek, 47, knows this all too well. Van der Beek is best known for his role on the television series Dawson's Creek and for playing backup quarterback Jonathan “Mox” Moxon in the 1999 film Varsity Blues. , on social media to commemorate […]
Trump Putting Finance People in DOD Could Help Fix Its Financial Issues
On Tuesday's broadcast of NewsNation's “The Hill,” Rep. Adam Smith (D-Wash.), ranking member of the House Armed Services Committee, responded to the following statement: report President-elect Donald Trump has appointed a funder to the Pentagon's top post, saying the Pentagon needs a fiscal commitment and a treasurer could help solve those problems. He said he […]
Brazilian real hits all-time low as investors doubt cost savings plan – Financial Times
Unlock Editor's Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Brazil's currency tumbled on Thursday, after government promises to cut costs by 70 billion reais (US$12 billion) over the next two years failed to calm investors' nerves over Latin America's largest economy's finances. It fell to its […]
Early retirement comes as a surprise for many workers, study finds. Here's how to manage that financial shock – CNBC
Ascent Media | E+ | Getty Images Lost years are 'absolutely important' for retirement security According to Katherine Collinson, CEO and director of Transamerica Institute and Transamerica Retirement Research Center, unplanned early retirement can have serious financial consequences for retirees. “Many people are concerned about how severe the consequences could be and how critical an […]
Old National acquiring Bremer Financial in $1.4 billion deal, much less than previous estimates – Star Tribune
St. Paul-based Bremer Financial, Minnesota's second-largest bank, is being sold to Old National Bank for $1.4 billion, ending a five-year battle over Bremer's future. Bremer and Evansville, Ind.-based Old National announced the deal Monday, which will create Minnesota's third-largest bank as measured by deposits. However, the $1.4 billion sale price is significantly lower than previous […]
Gen Z’s Idea of Financial Success Looks Like $587,797 Salary
A recent study found a clear difference in how Gen Z and baby boomers think about financial success. In a study published Friday, Empower said“Is there a secret to financial success? Most Americans (52%) say yes, with an average salary of $270,000 per year and a total net worth of $5.3 million to be considered […]
Treasury imposes sanctions on Russian banks, financial officials
Russia's third-largest bank, Gazprombank, and its subsidiaries were targeted by U.S. sanctions on Thursday, making them the largest banks yet to be targeted as the Russia-Ukraine war approaches its third year. of new sanctions These organizations are part of the Treasury Department's Office of Foreign Assets Control and targeted over 50 “internationally connected” Russian banks, […]
Dozens of state financial officials warn new Congress of national security implications of ignoring US debt
Exclusive: More than 30 state treasurers have sent a letter to House Speaker Mike Johnson asking for action to allay “serious concerns” about the nation's debt. A coalition of treasurers, managers and auditors will tell Johnson, R-Louisiana, that it agrees with the Arizona Republican's opinion. andy biggs The resolution declared the country's debt a “threat […]
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Spirit Airlines announced Monday it will file for bankruptcy protection and try to reboot as it struggles to recover from the pandemic-induced travel slump and a failed plan to sell to JetBlue. Spirit, the largest low-cost airline in the United States, has lost more than $2.5 billion since the beginning of 2020 and is on […]
CNN parent Warner Bros. Discovery must hand over financial info if subpoenaed as defamation trial looms
Fox's first appearance – A Delaware court on Friday ordered Warner Bros. Discovery, the parent company of CNN, to turn over detailed financial documents if a subpoena is filed in support of the plaintiffs' high-stakes defamation lawsuit. If not, the company must submit a “sworn declaration'' that it will not do so. exist. U.S. Navy […]