Here’s why HBO Max is pulling dozens of films and TV series from the streaming platform

Stefanie Smith | CNBC Warner Bros. Discovery‘s HBO Max is removing 36 movies and TV series from its platform. There are three main reasons why it’s happening. The films and series − which include 20 original HBO Max shows such as teen drama “Generation,” and “Sesame Street” spinoff “The Not-Too-Late Show with Elmo” − will…

Crypto firm FTX gets warning from FDIC to stop ‘misleading’ consumers about deposit protection

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX, the crypto exchange controlled by Sam Bankman-Fried, received a cease-and-desist warning on Friday…

‘Company loyalty will make you poor’: Early retiree credits his $1 million net worth to these 7 ‘unpopular opinions’

In 2016, I retired early at 35. At the time, I had $900,000 saved, and within a few years was able to accumulate a $1 million net worth. A big factor in my success wasn’t the advice I received, but the advice I ignored. I built wealth the old-fashioned way — by working hard in…

Federal Trade Commission is sending more than $822,000 in refund checks to 14,500 student loan borrowers ripped off in debt scam

In this article FTCI Srdjanpav | E+ | Getty Images The Federal Trade Commission announced this week that it would send thousands of checks totaling more than $822,000 to student loan borrowers who lost money in a debt-relief scam. More than 14,500 consumers who paid money to a company that operated under the name Student…

Walmart expands abortion coverage for its employees in the wake of Roe v Wade decision

In this article WMT Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Friday told employees that it will expand abortion and related travel coverage, according to an internal memo….

Warren Buffett gets permission to buy up to half of Occidental Petroleum, boosting the shares

In this article OXY BRK.A Warren Buffett at press conference during the Berkshire Hathaway Shareholders Meeting, April 30, 2022. CNBC Warren Buffett’s Berkshire Hathaway on Friday received regulatory approval to purchase up to 50% of oil giant Occidental Petroleum. Shares of Occidental jumped 10% on the news to above $70 apiece, pushing their 2022 gains…

There’s a new 1% tax on stock buybacks — here’s what it means for your portfolio

U.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on corporate stock buybacks — a late addition to President Joe Biden‘s sweeping tax, health and climate package — adds a…

Gen Xers are cutting discretionary spending amid high inflation, while continuing to save for retirement, study shows

Getty Images As Generation X edges closer to retirement, inflation appears to be weighing more heavily on that age group than other adults. Compared with millennials (ages 26 to 41) and baby boomers (ages 58 to 76), a larger share of Gen Xers (ages 42 to 57) are concerned about the nation’s economic outlook, maintaining…

Tax Foundation Response to OECD Consultation on Amount A of Pillar One

Tax Foundation has engaged constructively in the OECD Pillar One and Pillar Two process since it was launched in 2019. The consultation on the Progress Report on Pillar One provides another opportunity for that. However, at this point it is challenging to be constructive when the policy seems designed to fail. The Progress Report reveals…

Amazon’s ‘Thursday Night Football’ begins a new era of streaming for the NFL

Patrick Mahomes #15 of the Kansas City Chiefs Jamie Squire | Getty Images Sport | Getty Images To the joy and frustration of football fans across the United States, the era of National Football League games appearing exclusively on a streaming service is upon us. Amazon Prime Video is the home for “Thursday Night Football”…

Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Estee Lauder and more

In this article BBWI CSIQ EL TPR BJ KSS Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s shares slid 7.2% in the premarket after the retailer cut its full-year forecast due to increased promotional activity and higher costs. Kohl’s most recent quarter beat Street forecasts for revenue and profit. BJ’s…