The landscape of health insurance for younger retirees in the United States has been shifting significantly in recent years. With most Americans not being eligible for Medicare until they reach the age of 65, many people in the 55 to 64 age bracket have turned to Marketplace health insurance for coverage. The number of Americans
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China’s cities have experienced significant impacts on their economic rankings due to a combination of property struggles and U.S. sanctions. The Milken Institute’s best performing cities China index provides insights into the growth prospects of various cities in the country. Hangzhou, the capital of the eastern Zhejiang province, has emerged as a top-ranking city, thanks
Steph Curry, a four-time NBA Champion, is already looking ahead to life after basketball. In a recent interview with CNBC’s “Squawk on the Street,” the 10-time NBA All-Star discussed his future plans, which include his various businesses and aspirations for the post-playing career phase. Curry, who is 36 years old, has delved into entrepreneurship with
Nvidia made headlines recently with a significant drop in market value on Tuesday. Losing $279 billion in a single day is a big deal, even for a powerhouse like Nvidia. This marked the fifth time the stock has experienced such a massive loss, but Tuesday’s plunge set a new record. The stock plummeted by 9.5%
In the United States, sports betting is booming with the return of football season. Industry experts project that U.S. adults will wager a staggering $35 billion on NFL games this season, representing a significant increase from last year. This surge in betting activity can be attributed to the legalization of sports betting in various states,
In the world of professional sports, team ownership has become a lucrative investment with soaring team values reaching into the billions. However, with the average age of team owners rising, new challenges around estate planning and taxes have emerged. The focus has shifted towards ensuring smooth ownership transitions to the next generation of buyers. The
Zilch, a British financial technology firm, recently celebrated a major achievement by reporting its first-ever month of profit. This significant milestone comes as the company sets its sights on an eventual initial public offering. In a trading update, Zilch revealed that it achieved operating profit in July 2024, just four years after its founding date.
CrowdStrike, a cybersecurity software maker, initially reported strong fiscal second-quarter results, with earnings per share exceeding expectations at $1.04 adjusted versus 97 cents expected, and revenue of $963.9 million compared to $959 million expected. The company demonstrated a 32% year-over-year revenue growth, recording a net income of $47 million, a significant increase from $8.47 million
Gap shares were halted on Thursday morning after an early release of the company’s quarterly earnings results. The apparel retailer was supposed to announce its second-quarter earnings after the closing bell on Thursday. However, Bloomberg reported that a presentation displaying the results briefly appeared on Gap’s website in the morning. The earnings were no longer
Warren Buffett’s Berkshire Hathaway recently achieved a remarkable feat, reaching a $1 trillion market capitalization. This makes it the first non-technology company in the U.S. to hit this significant milestone. The company’s shares have surged over 28% in 2024, outpacing the S&P 500’s 18% gain. Just two days before his 94th birthday, the ‘Oracle of