Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
President Biden opposes cuts to Social Security benefits and supports expanding Supplemental Security Income (SSI) benefits for seniors and people with disabilities. He aims to fix the Social...
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Potential cuts to Social Security benefits are looming if Congress doesn’t address the funding shortfall soon. If no changes are made, Social Security recipients could see a 17% reduction in...
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Rivian (NASDAQ: RIVN) shares have experienced significant declines, down 88% since their IPO and over 30% for the year. However, they recently saw a 40% surge after hours due to Volkswagen’s...
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Lululemon (NASDAQ: LULU) has faced significant challenges in 2023, with shares down over 40% year-to-date due to factors such as changes in consumer spending, competition, and a shift in fashion...
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Walgreens (NASDAQ: WBA) has experienced a significant decline in 2023, with shares down over 55% year-to-date, trading at levels last seen in 1998. The company faces challenges, including...
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Dave Ramsey offers valuable retirement advice focused on purposeful living and smart financial decisions. Key quotes include the importance of having a plan in retirement beyond just stopping work,...
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Interest rate spikes have unexpectedly kept home prices high due to limited supply, as homeowners with low mortgage rates are reluctant to sell. This situation has significant implications for...
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The EV market, after experiencing phenomenal growth, is currently facing significant challenges, with American buyers increasingly preferring hybrids and internal combustion engine vehicles. While EV...
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Shares of Lucid (Nasdaq:LCID) are soaring after hours on the news that Volkswagen will invest up to $5 billion in fellow EV maker Rivian (Nasdaq: RIVN) Read more about Rivian’s 50% surge here....
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Shares of Rivian (Nasdaq:RIVN) are exploding higher today, up nearly 9% during the day and up over 40% after hours on the news Volkswagen will invest $1 billion in Rivian, with plans to increase this...
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The 2025 Social Security Cost of Living Adjustment (COLA) is projected to range between 2.5% and 3%, based on new inflation data. These estimates fall short of the current inflation rate, leading to...
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Fisker has filed for bankruptcy, highlighting the ongoing struggles in the EV market, despite notable successes like Tesla’s (NASDAQ: TSLA) Model Y. Other EV companies, including Lucid (NASDAQ:...
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Apple (NASDAQ: AAPL) recently announced Apple Intelligence, pushing its shares up roughly 10% over a few days and briefly surpassing Microsoft (NASDAQ: MSFT) as the most valuable company on earth....
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The forecast for the 2025 Social Security Cost of Living Adjustments (COLAs) has been revised downward, now estimated at 2.6%, lower than both the previous 2.7% estimate and the 3.2% adjustment in...
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Despite rising mortgage rates, housing prices have continued to climb, with the median home price reaching $435,000, the highest ever recorded. The main driver is the low inventory, as many...
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