Browsed by
Author: dzadmin

5 ‘Big, Beautiful Bill’ changes to marketplace insurance

5 ‘Big, Beautiful Bill’ changes to marketplace insurance

President Donald Trump signed his “big, beautiful bill” into law on July 4, making changes to health insurance coverage for millions of Americans.

Related Articles

If you have a marketplace health insurance plan, sometimes also known as Obamacare or Affordable Care Act (ACA) plans, your premiums might go up, and you might need to do more work to stay eligible.

Here are a few key changes to marketplace health insurance in the new law — plus one thing that went unaddressed — and what to do about them.

» MORE: What the ‘big, beautiful bill’ means for your finances read more

Wall Street cruises to more records as PepsiCo and tech stocks rally

Wall Street cruises to more records as PepsiCo and tech stocks rally

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.

The S&P 500 climbed 0.5% to top its all-time high set a week ago. The Dow Jones Industrial Average rose 229 points, or 0.5%, and the Nasdaq composite added 0.7% to its own record set the day before.

Trading was calmer than Wednesday’s, when President Donald Trump jolted financial markets by saying he had discussed the “concept” of firing the chair of the Federal Reserve but was unlikely to do so. Such a move could help Wall Street get the lower interest rates it loves but would also risk a weakened Fed unable to make the unpopular moves needed to keep inflation under control.

A strong profit report from Taiwan Semiconductor Manufacturing Co. helped drive tech stocks, and its net income soared nearly 61% in the last quarter from a year earlier. The chip maker said it’s seeing strong demand from artificial-intelligence and other customers, and TSMC’s stock that trades in the United States rose 3.4%. read more

The online gunseller with Donald Trump Jr. on its board makes its market debut. Shares plunge

The online gunseller with Donald Trump Jr. on its board makes its market debut. Shares plunge

By MATT OTT

WASHINGTON (AP) — Online firearms seller GrabAGun Digital Holdings, with the stock ticker “PEW,” made its market debut on Wednesday after board member and son of the U.S. president, Donald Trump Jr., rang the opening bell at the New York Stock Exchange.

Related Articles

Shares of GrabAGun spiked at first but then sank, closing down nearly 24%.

GrabAGun, which also sells ammunition and firearm accessories on its website, went public through a merger with a special acquisition company, or SPAC, named Colombier Acquisition Corp. The Palm Beach, Florida, company said the transaction netted it more than $119 million, which GrabAGun said will be used for working capital and “other purposes to accelerate the company’s future growth.” read more

Disney sues Hong Kong company it says is selling illegal Mickey Mouse jewelry

Disney sues Hong Kong company it says is selling illegal Mickey Mouse jewelry

By ANDREW DALTON

LOS ANGELES (AP) — The Walt Disney Co. on Wednesday sued a Hong Kong jewelry company it accuses of selling illegal Mickey Mouse jewelry.

Related Articles

The international media and entertainment conglomerate filed a lawsuit in federal court in Los Angeles against the Red Earth Group, which sells jewelry online under the name Satéur.

Disney says the rings, necklaces and earrings in Satéur’s “Mickey 1928 Collection” violate its trademark rights and that the Hong Kong company is deliberately trying to fool customers into thinking the pieces are official Disney merchandise. read more

Margaritaville at Sea unveils third and largest ship, the Beachcomber

Margaritaville at Sea unveils third and largest ship, the Beachcomber

Travelers who love to cruise will soon have a new vessel for “wasting away again” with the announcement of Margaritaville at Sea‘s newest and largest cruise ship.

At 102,500 gross tons — with room to accommodate 2,680 passengers at double occupancy and a maximum of 3,450 guests — the Beachcomber will eclipse the cruise line’s other two ships, the Islander and Paradise. The ship that will become the Beachcomber is currently operating as Costa Cruise Lines’ Costa Fortuna, which debuted in 2003 and sails in the Mediterranean Sea.

The vessel, which will continue to sail with Costa until late next year, features 13 passenger decks, expansive outdoor spaces and an eight-story center atrium.

The Costa Fortuna is currently sailing with Costa Cruises in the Mediterranean but will transition to become the Margaritaville at Sea Beachcomber late next year. (Courtesy Costa Cruises)
The Costa Fortuna is currently sailing with Costa Cruises in the Mediterranean but will transition to become the Margaritaville at Sea Beachcomber late next year. (Courtesy Costa Cruises)

“With the acquisition of our third ship in three years, we are proud to once again invite guests to step into the Margaritaville state of mind on the open ocean,” said Christopher Ivy, CEO of Margaritaville at Sea, in a news release. “The launch of the Margaritaville at Sea Islander was a significant moment for our company, and the acquisition of the Costa Fortuna, our largest ship to date, gives us another exciting opportunity to bring even more fun and escapism to guests from a new homeport.” read more