Members of the National Guard patrol near the U.S. Capitol on Oct. 1, 2025 in Washington, DC.Al Drago | Getty ImagesMillions of Americans are bracing for a sharp increase in their health insurance premiums next year as expiring enhanced subsidies trigger a “cliff” on aid — and they are worried about the financial stress tied to those extra costs.Ashley Thompson of Austin, Texas, said she and her husband are weighing whether to drop their health coverage next year and insure only their two children to make the financials work.Premiums for the family’s current health plan on the Affordable Care Act…
Author: usaeverydaylife
As dealmaking activity picks back up, Bank of America highlighted Domino’s Pizza and Universal Health Services among the most likely candidates for a potential merger or acquisition. M & A activity slowed down significantly in the few years after the pandemic, as the U.S. economy contended with higher interest rates and inflation. Now, a more pro-business regulatory environment has caused a rebound in activity, sending signs of optimism through the financial services industry. “U.S. M & A deals YTD through Oct. are tracking just 5% below last year’s levels, which annualized would suggest the best year for M & A…
Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables.These cables carry government communications, financial transactions, email, video calls and streaming around the world.The first commercial telecommunication subsea cable was used for telegraphs and was laid across the English Channel between Dover, England and Calais, France in 1850.The technology then evolved to coaxial cables that carried telephone conversations, and most recently, fiber optics that ferry data and the internet as we know it.”About ten years ago, we saw the advent of another big category, which is the webscale players and the…
Douglas and Heather BoneparthPhoto: Sylvie RosokoffLove is complicated. Add in money and it gets even more so.But in their new book “Money Together,” Heather and Douglas Boneparth argue that having honest and proactive discussions about finances can make partners closer — and eventually, wealthier.They begin their book, published last month, with an anecdote of a couple who had the difficult money talk a little late — on their honeymoon, over a cold seafood salad in Positano, Italy. (The Boneparths were also on vacation, and eavesdropping.) It became clear that the arguing pair had just discovered the husband had credit card…
Monro Auto Service in Derby, CT.Source: Google EarthCompany: Monro (MNRO)Business: Monro, formerly Monro Muffler Brake, is engaged in the provision of automotive undercar repair and tire services in the United States. The company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment. It also offers tires and routine maintenance services, which include state inspections. It offers repair and replacement of parts. Its stores provide a range of undercar repair services for brakes, steering, mufflers and exhaust systems, suspension and wheel alignment, as well…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Berkshire’s stock gains as AI worries depress Wall StreetZoom In IconArrows pointing outwardsThe upturn for Berkshire shares has cut its underperformance versus the benchmark S&P 500 to 4.3 percentage points from 12.2 percentage points on October 29.Zoom In IconArrows pointing outwardsOperating profits for Berkshire’s wholly owned companies were up 34% to almost $13.5 billion in the third quarter, with a 200% increase for insurance underwriting income.There were again no stock buybacks,…
U.S. President Donald Trump speaks with the media about hosting the G20 summit, accompanied by U.S. Secretary of the Treasury Scott Bessent and Miami Mayor Francis Suarez, in the Oval Office, at the White House in Washington, D.C., U.S., September 5, 2025. Brian Snyder | ReutersPresident Donald Trump said on Friday that no U.S. government official would attend the Group of 20 summit in South Africa later this month, because of what he said were “human rights abuses” taking place in the country.South Africa’s foreign ministry described the decision as “regrettable” and repeated its rejection of Trump’s claims that white…
After quite a disappointing week for the broader market, several very beaten-down names in the S & P 500 could soon be due for a rally, according to one popular technical metric. All three major U.S. indexes ended the week in the red, with the Nasdaq notching its worst week since April. Investors have grown concerned about a potential bubble in artificial intelligence stocks and high valuations in several tech names. Adding to the stress this week were two data releases that revealed consumer sentiment has neared its lowest level ever and that layoff announcements in October hit their highest…
Bank of America named several stocks that are well positioned following earnings. The Wall Street investment bank says companies like Palantir are too attractive to ignore. Other buy-rated names screened by CNBC Pro include: Wayfair , Intapp , Diamondback and AerCap Holdings. Wayfair The online home furnishing company is firing on all cylinders, the firm wrote after the company’s quarterly report. Analyst Michael McGovern upgraded the stock to buy from neutral citing “accelerating share gains.” “With notably cyclical industry still in a 3-Yr. trough, we like the entry point for eventual housing market improvement,” he added. Bank of America also…
CNBC’s Kate Rogers talks diverging signals coming from the dining sector. Source link
