Business

The chief executive officer of AMC Entertainment Holdings Inc. asked the theater chain’s board of directors to freeze its pay for next year, and he has urged more than a dozen of his top lieutenants to make a similar sacrifice while hurting shareholders. Adam Aron, the CEO, said on Twitter Tuesday that he had asked the board to keep his…

There was really only one company to thank for the shockingly poor holiday week in air travel: Southwest Airlines, the low-cost airline responsible for 70% of the 3,800 flight cancellations in the US on Monday, and then a huge sum again on Tuesday. But for the employees of the ailing low-cost airline, the catastrophic last days of the company were…

The S&P 500 is down more than 20% in 2022. Bitcoin is down over 65%. But gold? It’s up 1.3%. Classic inflation protection worked its magic in a wild year for investors, but it wasn’t the strong performance that many gold bugs were expecting. The lack of impressive yields is largely due to the fact that central banks around the…

To say that Vladimir Putin threw a wrench into the global energy market this year is an understatement. Since February’s Russian invasion of Ukraine, energy has been Putin’s tool of choice to undermine support for the country. Russian energy companies have limited natural gas supplies to Europe, one of Russia’s largest energy customers, causing prices to rise and countries scrambling…

Saving for retirement just got easier. Congress has approved big changes that can help 401(k) and IRA savers put some extra money aside for their future. A series of new laws — collectively known as the Secure Act 2.0 — will change the way Americans save for retirement starting in 2023. They are part of the $1.7 trillion spending bill…

Family members of Brazilian soccer star Pelé gather at the Albert Einstein Hospital in Sao Paulo, where the 82-year-old world icon has been staying since late November. Doctors said earlier this week that Pelé’s cancer was advanced, adding the three-time World Cup winner is under “elevated care” related to “kidney and heart dysfunction.” No further hospital statements have been released…

You are middle-aged and have new symptoms after your COVID infection – fatigue, brain fog, joint pain. Is it long COVID? Or are you just getting older? If you’re wondering, you’re not alone. “It’s one thing,” said Dr. Alba Miranda Azola, co-director of the long-running COVID clinic at Johns Hopkins University School of Medicine wealth. Given that the world has…

Many people avoid thinking about taxes until the April deadline rolls around every year. But by then, it may be too late to use the top strategies to lower your tax bill — or get a bigger refund. Before January 1st, take some time to tick off these tasks while they still count. 6 tax to-dos before the end of…

It doesn’t take a lot of money to start investing these days. One approach to getting into the market when you have limited funds is to buy fractional shares as opposed to full shares of a company. Buying less than a whole share allows you to enter the market with a smaller budget and invest on your terms. And using…

As each year draws to a close, it’s a good idea to revisit your household and living expenses to identify opportunities to maximize your money or potentially save money as you move into the future. This may also include what insurance you have for your car. If you’ve moved, or your car policy no longer meets your needs, or the…