MoneyWatch

Stock futures rise as investors bet that Iran

Stocks look set to extend their gains Tuesday, with futures contracts climbing amid investor hopes that Israel and Iran would abide by a ceasefire announced by President Trump. As of 8:51 a.m. EDT, S&P 500 futures were up 42 points, or 0.7% while Dow Jones Industrial Average futures added 274 …

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Most CEOs aren’t expecting a recession anytime soon, survey finds

Corporate leaders’ outlook for the U.S. economy is improving, with most CEOs saying they do not expect a recession this year, a new survey shows. The June poll of 277 CEOs by Chief Executive found that 28% of business leaders expect a recession in the near term — that’s down from …

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Here are the best U.S. cities for first

With mortgage rates and housing prices still stubbornly elevated, potential homebuyers are looking for ways save wherever they can.  The median sale price for a home in the first-quarter of 2025 was over $400,000, according to the Federal Reserve Bank of St. Louis. Mortgage rates, meanwhile, continue to hover around 7% — up …

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Who is Greg Abel, Warren Buffett’s choice to replace him as CEO of Berkshire Hathaway?

Warren Buffett shocked an arena full of his shareholders when he announced his intention Saturday to step down as the CEO of Berkshire Hathaway at the end of the year.  The 94-year-old legendary investor also said he will recommend to his board that Greg Abel should become CEO. Buffett said …

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YouTube TV hikes streaming price by $10 to $82.99 per month

If you’re a YouTube TV subscriber, your monthly bill is about to get bigger — again.   Alphabet-owned YouTube is hiking the price of its popular TV streaming service, which has more than 8 million subscribers. Beginning in January, the cost of the platform will jump to $82.99 per month, …

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Nearly half of insured Americans get surprise expenses in medical bills, study finds

Nearly half of insured Americans have been smacked by surprise medical expenses in the past year, but a majority don’t contest billing errors or coverage denials, a new survey by the Commonwealth Fund finds.  That inaction — which largely stems from an unawareness that such bills and denials can be …

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After AT&T customers hit by widespread outage, carrier says service has been restored

Customers of numerous U.S. cell service providers reported outages and other service problems early Thursday morning, according to the website Downdetector.com, which tracks such reports. AT&T had the most by far, with tens of thousands of customers telling Downdetector they had no service. Customers of T-Mobile, Verizon, UScellular and Consumer Cellular …

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When that supposedly free annual physical generates a bill

Christine Rogers of Wake Forest, North Carolina, didn’t hesitate when she was asked to fill out a routine mental health questionnaire during a checkup last November. Her answers on the form led her primary care doctor to ask about depression and her mood, and Rogers said she answered honestly. “It …

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Disney CEO Bob Iger extends contract for an additional 2 years, through 2026

Bob Iger will remain as CEO of The Walt Disney Co. through the end of 2026, agreeing to a two-year contract extension that will give the entertainment and theme park company some breathing room to find his successor. Shares rose 30 cents, or 0.3%, to $90.45 in early afternoon trading. …

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A California company has received FAA certification for its flying car

For decades, futurists have dreamed of flying cars, with little real-world progress. Now, one company has gotten a step closer to making that vision a reality, receiving government approval to test-fly its sports car. Alef, a California-based aeronautics company, recently announced it received a Special Airworthiness Certification from the Federal …

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