Stellantis, the global automotive conglomerate formed from the merger of Fiat Chrysler and PSA Groupe, finds itself in a pivotal moment as it strives to reclaim its footing in the U.S. market. The company has experienced a troubling decline in sales for several consecutive years, prompting a comprehensive reassessment of its operations under new leadership.
Steps
The affordability of prescription medications has long been a significant concern for many Americans, particularly those aged 50 and older. A recent report from AARP has highlighted a troubling trend: the prices of the top 25 prescription drugs covered by Medicare Part D have nearly doubled since their market debut. As these costs continue to
Walgreens Boots Alliance, a significant entity in the U.S. pharmacy landscape, recently announced its fiscal first-quarter earnings, providing a snapshot of its current position and future strategic direction. Despite facing numerous hurdles over the past year, including increased reimbursement pressure and sluggish consumer spending, Walgreens has delivered financial results that have exceeded market expectations. This
As wildfires continue to rage in California, the effects are profoundly felt in the financial markets, particularly for utility companies. One notable casualty is Edison International, the parent company of Southern California Edison (SCE), which has seen its stock plummet as concerns over potential liabilities from the ongoing fires mount. In a significant market shift,
As the New Year approaches, many households are placing a renewed focus on managing their personal finances. A recent survey conducted by Allianz Life highlights that around 38% of Americans prioritize financial stability above all else for 2025. With this in mind, certified financial planners have shared crucial resolutions that households should adopt to foster
In today’s dynamic housing market, the mortgage application process can pose various challenges, particularly for those with non-traditional income sources. While many prospective homeowners may dream of owning their property, numerous factors can result in a mortgage application being denied. One significant reason often cited is “unverifiable income,” which can create hurdles for applicants. Understanding
The beloved Christmas classic “Home Alone,” released in 1990, has become a staple of holiday viewing. As fans revisit the film, many are left pondering not just the antics of the mischievous young protagonist, Kevin McCallister, but also the financial health of his seemingly affluent family. The McCallisters’ extravagant lifestyle—complete with pizza orders for a
In 2024, the Federal Reserve executed a strategy of lowering its interest rate target on three notable occasions. This move generated a wave of anticipation among American homeowners eager for a decline in mortgage rates. Despite these hopes, experts caution that significant drops in mortgage costs may not materialize in the near future. Jordan Jackson,
In 2023, a contentious transfer of student loan accounts from NelNet to Mohela highlighted significant flaws in the management of loan servicers, resulting in widespread inaccuracies in consumer credit reports. Lawmakers recently brought these issues to light, detailing how millions of borrowers were affected by the fallout of this transition. The implications for credit scoring
As retirement approaches, the importance of adequately funding your 401(k) plan cannot be overstated. Financial experts recommend taking proactive steps to increase contributions well ahead of the upcoming year. With the IRS increasing the contribution limit for 2025 to $23,500, a rise from $23,000 in 2024, now is the opportune moment to reassess your savings