Author: Editor

Even after the biggest May jump in 35 years for the S&P 500, investors’ understandable confusion about the future of tax and tariff policies and inflation is driving a lot of anxiety.The S&P’s value ended up 6% last month, alongside a 4% gain in the Dow and 10% surge in the Nasdaq index — a stark reversal from the steep losses surrounding President Donald Trump’s announcement of substantial tariffs, which he later paused for 90 days. Financial advisors’ expectations for the economy, as reported in Financial Planning’s Financial Advisor Confidence Outlook survey, turned slightly less negative after an all-time low…

Senate taking up Trump budget bill this week – CBS News Watch CBS News The Senate returned to Capitol Hill on Monday with President Trump’s massive budget bill atop lawmakers’ agendas. CBS News congressional correspondent Nikole Killion has the latest. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

By Indeed editorial teamWe’ve told you in the past how wellbeing at work makes business sense (and we have the data to prove it). But don’t just take our (and our Oxford research partners’) word for it. Here’s how public companies hiring on Indeed are prioritizing work wellbeing — and outperforming leading stock indices. Key takeaways: Globally, only 22% of Indeed survey respondents say they’re thriving at work.Social factors are the most influential drivers of one’s sense of wellbeing at work.Indeed’s new Work Wellbeing 100 demonstrates that companies with higher work wellbeing collectively outperform stock market benchmarks. What do H&R Block,…

How Senate Republicans could change House-passed Trump budget bill – CBS News Watch CBS News Senate Republicans will begin rewriting the House budget bill, which contains President Trump’s economic agenda, this week. Former GOP Rep. Kevin Brady of Texas joins “The Takeout” to describe what it was like when that happened to him in 2017. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

This as-told-to essay is based on a conversation with Kara Perez, the 37-year-old founder of the financial education company Bravely Go, who lives in Massachusetts. It has been edited for length and clarity.My partner and I met in Texas 11 years ago. We have lived together for nine years, and we moved from North Carolina to Massachusetts in 2024.My partner and I are also not married, and as a financial educator, money is paramount in my life. As part of my long-term financial health, I knew that I wanted to own a house in my own name.I’ve been saving for…

Whether it’s Black Friday, a limited-edition Stanley Quencher, or something new from Taylor Swift, there’s nothing like a blockbuster sales event to get retailers’ juices flowing.And at a time when trade chaos and economic uncertainty have dimmed the financial results for companies like Target and Best Buy, Thursday’s launch of Nintendo’s new Switch 2 gaming device is a welcome shot of good news in the retail world.Both big box brands touted the device in recent earnings calls, with plans to tap into good-old-fashioned shopping enthusiasm, complete with midnight lines and commemorative merch.”There’s a ton of excitement for this, and we…

2025-06-02T17:53:46Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Disney is laying off several hundred employees globally amid declining TV audiences. The layoffs affect marketing, publicity, casting, and corporate finance, mainly in the US. Disney, like other media giants, has had to contend with a painful shift to streaming. Disney is laying off several hundred people globally, the company confirmed to…

2025-06-02T17:53:01Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. After spending most of my life in the US, I moved to the English countryside five years ago. I expected a culture shift, but I didn’t realize that even small talk would look different here. I wish I’d known that many groceries here tend to expire faster and that I’d be walking…

Intuit reported strong third-quarter growth, with total revenue of $7.8 billion, an increase of 15%. Within this revenue growth, Intuit’s Credit Karma grew the most, raking in $579 million during the third quarter, a 31% increase, driven by credit cards, personal loans and car insurance. With this growth in mind, Intuit is optimistic about its future prospects and has raised its full year guidance for FY2025 as a result. The company now expects to end the year with $18.760 billion, which would represent a roughly 15% annual growth, higher than the previously expected 12-13% growth. GAAP operating income is expected now…

Private equity firm Roark Capital has bought a majority stake in Dave’s Hot Chicken, the company announced on Monday.Financial terms were not disclosed, but Dave’s CEO Bill Phelps said on CNBC’s “Squawk Box” that the reported $1 billion valuation for the deal is “pretty close.”Since its founding in a Los Angeles parking lot in 2017, the fast-growing chicken chain has expanded to more than 300 locations by franchising its restaurants. Dave’s U.S. sales soared 57% last year and surpassed $600 million, according to data from market research firm Technomic.Roark’s investment follows a boom for chicken-focused restaurants, fueled by the so-called…