Author: Editor-In-Chief
With open enrollment season in full swing, more Americans than ever will be able to fund tax-advantaged accounts for medical expenses next year.The so-called “big and beautiful” bill passed in July includes three provisions that expand access to health savings accounts for people with high-deductible health insurance plans.This change could attract 3 million to 4 million new HSA participants in 2026, according to Morningstar estimates.Like flexible spending accounts, HSAs are funded with pre-tax dollars and can be used to cover medical expenses throughout the year. Unlike an FSA, this money has no “use it or lose it” provisions. Rather, the…
People take photos at the Wall Street Bullring in the New York Financial District, New York City, June 24, 2024. Spencer Pratt | Getty Images of Nasdaq Composite U.S. stocks fell 0.84% on Monday, with technology stocks under pressure. apple, meta and oracle Each has fallen by more than 1%.The essence of artificial intelligence Nvidia Performance was even worse, with a loss of almost 2%. CEO Jensen Huang said in October that the company’s business will reach “$5 trillion” between 2025 and 2026. When Nvidia reports its third-quarter results in the U.S. on Wednesday, investors will be scrutinizing Hwang’s comments…
As the Trump administration ramps up pressure on Venezuelan President Nicolás Maduro, experts and former government officials have expressed concern about the country’s move to designate the Cartel de los Soles as a foreign terrorist organization. They argue that the cartel is not a formally organized cartel like those in Colombia or Mexico, and that while there is government involvement in the drug trade, it is a stretch to think that Maduro is leading the cartel. They suggested that the designation would give the regime legitimacy to take military action against the Venezuelan government. U.S. President Donald Trump said as…
Oleksandr Usyk has vacated the WBO heavyweight title.Fabio Wardley has emerged as Usyk’s next challenger after winning the interim WBO title with an impressive 11th-round stoppage win over Joseph Parker at The O2 last month, and will now be promoted to full WBO title. Twitter This content is provided by Twittercookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings and enable it using the buttons below. Twitter Use cookies or allow them only once. You can change your settings at any time in Privacy Options. Unfortunately, we were unable…
Club Top 10 to Watch Monday, November 17th 1. Stock futures are relatively calm this morning. Markets are coming off a volatile week with doubts over the sustainability of AI spending and whether a December rate cut is still on the table. 2. Morgan Stanley downgraded Dell two notches to sell due to concerns that the memory price supercycle will squeeze margins. Meanwhile, Morgan Stanley also downgraded HP’s rating. Hewlett-Packard Enterprise is selling the company, and Hewlett-Packard Enterprise is owning it. 3. The Financial Times reported Friday that Apple’s longtime CEO Tim Cook may step down next year. John Tarnas,…
larry summersCameron Costa | CNBCFormer Treasury Secretary Larry Summers said Monday that he is withdrawing from all public commitments due to the fallout from the release of emails between him and notorious sex offender Jeffrey Epstein.”I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my poor decision to continue to communicate with Mr. Epstein,” Summers said in a statement obtained by CNBC.”While I continue to fulfill my teaching duties, I am stepping back from public life as part of a broader effort,” Summers, a former Harvard president who teaches at…
A pro-AI super PAC backed by Andreessen Horowitz and OpenAI President Greg Brockman has chosen New York State Representative Alex Boaz and his congressional bid as its first target. The PAC, named “Leading the Future,” was launched in August with more than $100 million to support policymakers with a light-touch (or no-touch) approach to AI regulation. And that means going after policymakers who want to regulate AI. The super PAC has support from many other prominent leaders in the technology industry, including Palantir co-founder and 8VC managing partner Joe Lonsdale and AI search engine Perplexity. “I appreciate that they’re being…
With approximately 250 million unique visitors per month, Jiro is the most widely used real estate portal in the United States. It’s one of the few online real estate platforms that has transformed the way Americans buy, sell, and rent homes.The company offers free mobile and web apps that provide important details about approximately 165 million homes. Previously, this property data was only available to real estate agents in the industry’s multiple listing service system.Zillow also offers innovative products such as Zestimate, a machine learning algorithm that estimates the value of a home. According to Zillow, the median error rate…
Two stocks in the portfolio are in the news on Monday. One is enterprise software and the other is banking. Earnings Preview: Bank of America lowered its price target for Salesforce from $325 to $305 per share ahead of next month’s quarterly results. Analysts maintained a buy rating on the stock, citing undervalued software peer multiples, according to a Monday note. It added that low expectations for the quarter and weak investor sentiment limit the downside for the stock at current levels. However, BofA expects Salesforce’s fiscal third quarter 2026 revenue to be in line with its current remaining performance…
A railway line between the Polish cities of Warsaw and Lublin was destroyed in an “unprecedented sabotage” over the weekend, Polish Prime Minister Donald Tusk said on Monday, calling the line “crucial for delivering aid to Ukraine.” Tusk said in a post on X that “explosives” had blown up the railroad tracks on Sunday, adding that the attack “directly (targeted) the security of the Polish state and civilians.” He said destruction was also found further downstream on the railway line along the same route. At a press conference Monday afternoon, Poland’s Interior Minister Marcin Kierwiński said two separate incidents occurred…