Activist investor Elliott is back at NRG Energy. Here’s how the firm plans to build value
Source: https://www.cnbc.com Company: NRG Energy (NRG) Business: NRG Energy is an integrated power company involved in producing and selling electricity and related products and services to residential, commercial, industrial and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear and battery storage. Stock Market Value: $7.6B ($33.30Continue Reading
What You Need to Know About Fee-Only Financial Advisors
Source: https://www.investopedia.com In the financial world, advisors and planners are compensated in one of two basic ways: by earning flat fees or by earning commissions. A fee-only financial advisor is paid a set rate for the services they provide rather than getting paid by commission on the products they sellContinue Reading
Here’s how much Americans have in their 401(k)s at every age
Source: https://www.cnbc.com Gen Z’s retirement savings have grown more than any other generational cohort over the past year, Fidelity Investment’s latest retirement analysis reveals. Gen Zers with 401(k)s saw their average account balances grow by 34% between the first quarter of 2022 and the first quarter of 2023 — aContinue Reading
People who live longest share these 2 traits, say authors who studied Japanese ‘secret’ for ‘a long and happy life’
Source: https://www.cnbc.com Living a longer life has been linked to many behaviors like healthy eating and regular exercise, but can a person’s personality also play a role? “Ikigai: The Japanese Secret to a Long and Happy Life,” one of the most popular books about longevity, highlights the practices of “blueContinue Reading
Barack Obama shares his No. 1 piece of advice for his own daughters: Don’t let your hunger for success ruin your happiness
Source: https://www.cnbc.com You might think it’s worth sacrificing vacations, family time and sleep for your career — especially if it leads to a raise or promotion. It’ll also make you a lot unhappier, says former U.S. president Barack Obama. “What you want is a balance,” Obama told LinkedIn News‘ “ThisContinue Reading
Boycotts hit stocks hard. Here’s what might be next for Bud, Target and others caught in the anti-Pride backlash
Source: https://www.cnbc.com Pride Month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California. Justin Sullivan | Getty Images Even before Pride month was underway, it seems as if it was open season on companies celebrating the LGBTQ community. One by one, companies have comeContinue Reading
Time is running out to repay Covid-era 401(k), IRA withdrawals — and claim a tax refund
Source: https://www.cnbc.com Pixdeluxe | E | Getty Images The three-year clock started the day after they received the funds — meaning the deadline for many people is fast approaching. “I’d think the majority of the distributions were taken right around this time through the end of [2020],” said Sean Deviney,Continue Reading
Turbulent Global Economy Trimmed the Ranks of Billionaires in 2022
Source: https://www.investopedia.com Key Takeaways In 2022, the world’s billionaire population fell by 3.5% to 3,194, a report from Altrata found. It’s the first time since 2018 that the number of billionaires decreased, with technology fortunes particularly at risk. New York has the most billionaires, but Singapore added more than anyContinue Reading
Adidas Releases Remaining Yeezy Inventory—Here’s What Kanye West’s Net Worth Is Now
Source: https://www.investopedia.com Several months after Adidas ended its partnership with rapper Kanye West, the company is releasing some of its Yeezy sneakers in an effort to sell off remaining inventory from its now-defunct partnership with West. West, now known as Ye, partnered with Adidas for almost 10 years, until theContinue Reading
Three industries ripe for automation, according to a robotics guru
Source: https://www.cnbc.com A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. Michael Wayland / CNBC DETROIT — The automotive and logistics industries are no strangers toContinue Reading