Take on the Ultimate Savings Challenge in 2023
Originally Published 11 days ago — by CNN
CNN is launching a 1% savings challenge later this year to help people improve their financial health by encouraging them to save more in an uncertain economy.
Tag
Financial Health
All articles tagged with #financial health
Top Dividend Stocks for Steady Income and Growth
Originally Published 5 months ago — by Barron's
The article discusses a selection of 12 high-yielding dividend stocks, including Chevron, IBM, and others, chosen for their strong dividend growth, financial stability, and attractive yields averaging 2.5%. These stocks are favored for their potential to outperform benchmarks while maintaining manageable payout ratios and solid balance sheets, making them appealing for income-focused investors.
The Impact of Student Loan Crisis on Credit, Economy, and Retirees
Originally Published 7 months ago — by The Washington Post
The end of pandemic-related student loan payment relief is causing many borrowers' credit scores to drop due to missed payments returning to their credit reports, highlighting the importance of managing repayment to maintain credit health.
"Early Financial Struggles May Signal Alzheimer's Onset"
Originally Published 1 year ago — by Newswise
New research led by Georgetown University reveals that cognitive declines preceding an Alzheimer's diagnosis are linked to worsening credit scores and increased payment delinquencies, particularly in credit cards and mortgages, years before diagnosis. The study suggests that financial data could help in early identification of those at risk for memory disorders.
"2024 Am Law 100: Key Rankings Revealed"
Originally Published 1 year ago — by Law.com
The 2024 Am Law 100 report shows that the average revenue per lawyer for the top law firms increased by 4.9%, indicating improved financial health for many firms, with eighty-five of them posting a gain in RPL.
"NYCB CEO Resigns Amid $2.7 Billion Loss and Stock Plunge"
Originally Published 1 year ago — by The New York Times
New York Community Bank reported $2.4 billion more in losses than previously stated, leading to the resignation of its CEO and an allied board member. The bank also disclosed "material weaknesses" in its internal controls, causing its shares to plummet more than 20% in after-hours trading. The bank's troubles stem from a breakneck expansion strategy and concerns about its financial health, particularly in real estate-related investments and loans.
"Giants Gain Flexibility with Unexpected $255.4 Million Salary Cap Curveball"
Originally Published 1 year ago — by NBC Sports
The NFL's announcement of a $255.4 million salary cap for 2024, higher than expected, has given the New York Giants more flexibility according to General Manager Joe Schoen. The unexpected increase provides additional options for both current and potential players, reflecting positively on the league's financial health and benefiting all 32 teams.
"Roku's Stock Plunge: Challenges and Opportunities for Investors"
Originally Published 1 year ago — by Yahoo Finance
Roku is positioned as a strong growth stock with a promising future in the media streaming industry, despite a recent stock price drop. With robust financial health, consistent user growth, and a focus on long-term profitability, Roku presents a compelling investment opportunity for those with $1,000 to invest. While market volatility and investor sentiment have led to a recent price drop, the company's clear growth trajectory and market position make it a worthy candidate for investment consideration.
"Uber's Record Stock Jump: $7 Billion Buyback Sends Shares Soaring"
Originally Published 1 year ago — by Yahoo Finance
Uber Technologies Inc. announces a $7 billion share buyback plan, marking its first return of capital to shareholders after reporting its first full year of operating profit and consistent positive free cash flow in 2023. The move reflects confidence in the company's financial momentum and follows similar actions by other tech companies. CEO Dara Khosrowshahi signaled a shift towards returning capital to shareholders, marking a milestone of financial health for the company after years of deficits. Uber's transformation under Khosrowshahi has led to improved profit margins and expansion into new businesses beyond ride-sharing, such as food delivery and advertising.
"Uber's $7 Billion Buyback Sends Stock Soaring Despite Market Volatility"
Originally Published 1 year ago — by Yahoo Finance
Uber Technologies Inc. announces a $7 billion share buyback plan, marking a significant move to return capital to shareholders after reporting its first full year of operating profit and consistent positive free cash flow in 2023. The repurchase plan reflects confidence in the company's strong financial momentum, with the stock jumping as much as 11% in New York. This move follows similar actions by other tech companies, signaling a trend of boosting returns to shareholders. Uber's transformation under CEO Dara Khosrowshahi has led to improved profit margins and a shift towards asset-light business models, positioning the company for continued growth in areas like delivery and corporate travel products.
"Rising Credit Card Debt Leaves Renters and Low-Income Individuals Struggling"
Originally Published 1 year ago — by OregonLive
Despite a healthy U.S. economy, lower- and middle-income Americans, particularly renters, are struggling with credit card debt and falling behind on payments, raising concerns about their financial well-being. Experts fear that these individuals, who have also resumed paying off student loans, may face further financial challenges in the coming year.
"Rising Credit Card Debt Puts Renters and Low-Income Americans at Risk"
Originally Published 1 year ago — by The Associated Press
Despite a healthy U.S. economy, lower- and middle-income Americans, particularly renters, are struggling with credit card debt and falling behind on payments, exacerbated by inflation and the recent resumption of student loan payments. Credit card delinquency rates and charge-off rates are at record levels, with renters feeling the pinch of rising costs, while wealthier homeowners and stock market investors fare better. Major credit card companies like Synchrony, Discover, and American Express are seeing increased delinquencies and charge-offs, reflecting the financial strain on consumers. The Federal Reserve's first interest rate cut is likely months away, and banks are being more conservative in giving out loans, making it difficult for struggling Americans to refinance their high-interest debts.
California State University Faculty Set to Strike in Historic Statewide Walkout
Originally Published 2 years ago — by Jacobin magazine
The California Faculty Association (CFA) is set to strike at all twenty-three California State University (CSU) campuses due to a breakdown in negotiations with CSU management over a 12 percent salary increase demand. A recent financial analysis by Howard Bunsis reveals that the CSU is financially capable of meeting this demand, with an $8 billion reserve fund and consistent surpluses. The strike reflects deep-seated issues of income inequality, corporatization, and the abandonment of the CSU's founding principles, as faculty struggle with low salaries and diminishing resources while administrators enjoy substantial benefits.
"Strategies to Tackle Record High Credit Card Debt in the US"
Originally Published 2 years ago — by Daily Mail
Kevin O'Leary warns about the impact of rising interest rates on credit card debt and offers five tips for financial health: 1. Track your income and expenses to avoid overspending. 2. Avoid tying up money in non-appreciating assets. 3. Invest in stocks and Treasury bills instead of savings accounts. 4. Consider relocating to low-tax states for financial benefits. 5. Develop a good credit score by making small monthly credit card payments.
China's Economy Faces Fallout as Moody's Downgrades Credit Rating
Originally Published 2 years ago — by Bloomberg
China takes steps to counter negative investor sentiment following Moody's bearish credit outlook on Chinese sovereign bonds, with the central bank increasing support for the yuan and state media publishing articles criticizing Moody's understanding of China's economy. The finance ministry maintains that China's growth will remain resilient.