Key takeaways A reverse mortgage allows homeowners who are (typically) 62 and older to tap their home’s equity for tax-free payments. The loan comes due…
JPMorgan Chase CEO Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe in terms of defense procurement, and it’s holding the country back. Dimon spoke at the Hill & Valley Forum, which…
American workers are feeling more pressure in their lives, with a greater share reporting that they feel they’re struggling than thriving in a new poll by Gallup. Gallup on Tuesday released fresh data for the firm’s Life Evaluation Index, which measured how people rate their current and expected future lives since…
United Airlines is warning that airfares could rise up to 20% if the cost of jet fuel remains elevated for longer due to the spike in oil prices amid the war in Iran. United CEO Scott Kirby said in an interview on Bloomberg TV on Tuesday that the airline anticipates consumer…
Key takeaways The value of airline and hotel rewards can vary dramatically depending on the rewards program and booking details. Credit card rewards programs typically offer more dependable value than airline and hotel rewards programs, plus more redemption flexibility. To see how much value you can get out of your…
The Fortnite craze might have reached its crescendo. Epic Games announced layoffs of 1,000 employees Tuesday, citing declining Fortnite engagement.”We’ve had challenges delivering consistent Fortnite magic with every season,” CEO Tim Sweeney admitted in a memo to staff. “Today we’re laying off over 1000 Epic employees,” the memo began. “I’m…
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Iranian strikes have cut about 17% of Doha’s liquefied natural gas (LNG) export capacity, QatarEnergy’s CEO told Reuters in an interview on Thursday. Saad al-Kaabi said the disruption could result in an estimated $20 billion…
