It may seem like a hopeless situation, but you can salvage it if you play your cards right. Social Security recipients are eligible for an automatic cost-of-living adjustment (COLA) every year. The purpose of those COLAs is to make sure that benefits are able to keep up with inflation. Some people end up collecting Social […]

Key Takeaways The S&P 500 added 0.2% on Thursday, Oct. 24, 2024, following strong quarterly results from Tesla and a slew of other corporate earnings releases. Molina Healthcare shares surged as increased premium revenue from Medicaid plans helped the insurer top quarterly sales and profit estimates. Results from mining giant Newmont fell short of expectations,

(Bloomberg) — Treasuries advanced, while major Asian equity markets were mixed and European shares appeared set for a softer open in light of lackluster corporate earnings. Most Read from Bloomberg South Korean and Japanese shares fell, sending MSCI’s Asian index lower. European futures declined amid uncertainty about the path of interest rates on both sides

After the European Central Bank cut interest rates for the third time this year — and inflation fell below target — all eyes are now on policymakers’ next move. A slew of Governing Council members spoke to CNBC’s Karen Tso at the International Monetary Fund’s annual meeting in Washington, D.C. this week. We asked them

A look at the day ahead in European and global markets from Kevin Buckland Yields are mercifully lower as the week draws to a close, removing some of the angst that has weighed on equities and allowing the beaten-down yen and euro to regain some composure against the dollar. But this relative calm feels like

Thursday was hardly a good day to be a shareholder of Intellia Therapeutics (NASDAQ: NTLA). After the biotech delivered some news from the lab and witnessed one analyst’s negative reaction to it, the company’s share price closed more than 20% lower. Intellia, which is a clinical-stage biotech developing medications using cutting-edge, genome-editing technology, delivered its

JIUJIANG, CHINA – JUNE 17: A worker manufactures seamless steel gas cylinders for export at the workshop of Sinoma Science & Technology (Jiujiang) Co., Ltd. on June 17, 2024 in Jiujiang, Jiangxi Province of China.   Wei Dongsheng | Visual China Group | Getty Images China’s steel exports will soon hit an eight-year high, before sweeping

Key Takeaways Shares of Molina Healthcare surged on Thursday after the health insurer reported strong results for the third quarter of 2024. Molina reported a year-over-year increase in premium revenue, despite issues related to Medicaid redeterminations. The company said new contract wins, footprint expansion and acquisitions contributed to revenue growth. Molina Healthcare (MOH) shares skyrocketed 18%,

(Bloomberg) — Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors who’d assumed the securities had an implicit guarantee from the state. Most Read from Bloomberg It wasn’t supposed to be this way. Last year, confronted with a wave of bad debt issued by municipalities’ financing

Charles Schwab may have a big elder fraud problem on its hands. For the third time in less than two months, Schwab and its affiliates have been accused of doing virtually nothing to prevent scammers from draining its clients’ accounts of their retirement savings. The latest case, filed Wednesday in federal district court in Northern