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Health care giant Johnson & Johnson (JNJ) will divide itself into two publicly traded companies. One will inherit J&J’s extensive portfolio of well-known consumer products, while the other will continue to develop, produce, and distribute pharmaceuticals, medical devices, and medical technology. Johnson & Johnson indicates that the transaction will take place sometime over the next

Rafael Henrique | LightRocket | Getty Images A McKinsey partner was arrested Wednesday after being criminally charged with insider trading ahead of Goldman Sachs‘ recent $2.2 billion acquisition of fintech lender GreenSky. Puneet Dikshit, a 40-year-old McKinsey partner, exploited information he gained about his client Goldman Sachs’ pending takeover to buy profitable call options in

The cost of healthcare can be overwhelming. Even with insurance, individuals and families often find themselves spending a significant amount of money on medical costs. The average family of four with employer-provided insurance and an income of $100,000 will likely pay $12,500 in healthcare expenses. This equates to roughly 13% of the family’s income. Flexible

A view from a petrol station shows gas prices over $4, in Arlington-Virginia, United States on October 30, 2021. Yasin Ozturk | Anadolu Agency | Getty Images Stagflation fears have plagued investors in recent months, as prices start to rise in an economy that hasn’t quite picked up pace yet. But investors can employ a

It is a meta collaboration. Meta Platforms, Inc. (FB)—the company formerly known as Facebook—and Microsoft Corporation (MSFT) are partnering to integrate their work collaboration software. The integration will enable content sharing and engagement between both applications. Thus, users of Facebook’s Workplace app, now rebranded as Workplace from Meta, will be able to react and comment

The SpaceX Crew-3 astronauts stand on the transporter in front of the Crew Dragon and Falcon 9 stack inside the SpaceX horizontal processing facility at Kennedy Space Center in Florida on Oct. 26, 2021. SpaceX Elon Musk’s space company is set to launch the Crew-3 mission for NASA on Wednesday evening, in the fifth SpaceX crewed

How your 401(k) plan works after you retire depends on what you do with it. Depending on your age at retirement—and the rules of your company—you may elect to start taking qualified distributions. Alternatively, you may choose to let your account continue to accumulate earnings until you are required to begin taking distributions. Another option

[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the

Credit cards can be a great way to earn rewards, but paying them off can sometimes be challenging. If you’re currently carrying credit card debt, you’re not alone. Research shows that the average American has $5,313 of credit card debt and uses approximately 25.3% of their available credit.1 If you’re looking for ways to pay

In this article FOUR Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. Patrick T. Fallon | AFP | Getty Images Shares of payments processing company Shift4 surged in trading

Thinking about purchasing an investment property? Real estate has produced many of the world’s wealthiest people, so there are plenty of reasons to think that it is a sound investment. Experts agree, however, that as with any investment, it’s better to be well-versed before diving in with hundreds of thousands of dollars. Here are the factors

NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing

Mortgage rates deepened their downward trend Monday, after almost reaching their most expensive levels of the calendar year in mid October. The flagship 30-year rate has now dipped to its lowest average since September. National Averages of Lenders’ Best Rates Loan Type Purchase Refinance 30-Year Fixed 3.13% 3.21% FHA 30-Year Fixed 2.95% 3.11% Jumbo 30-Year

On Nov. 8, 2021, Randal K. Quarles submitted his resignation as a member of the Federal Reserve Board (FRB) to President Joe Biden, effective sometime “during or around the last week” of December 2021, when his term expires. The upshot of Quarles’ resignation is that President Biden may be able to fill as many as

There are many changes you can make to your home to increase its value. You may consider new landscaping or even sprucing up the inside of your home with some high-end upgrades. And then there’s the much-coveted swimming pool. This can be a great investment if it’s the right size and if you live in

What Is a Blockchain ETF? Blockchain exchange traded funds (ETF) are ETFs that hold stocks of companies that profit from blockchain technology or have business operations tied to blockchain technology. While regulators have rejected numerous bitcoin ETFs, they have approved a few blockchain-based ETFs. Note that in October 2021 the first cryptocurrency ETF started trading—the

Jeff Bezos, left, and Elon Musk Getty Images; Reuters The U.S. Federal Court of Claims ruled against Jeff Bezos’ Blue Origin in the company’s lawsuit versus NASA over a lucrative astronaut lunar lander contract awarded to Elon Musk’s SpaceX earlier this year. Federal judge Richard Hertling sided with the defense in his ruling, completing a

You know a health savings account (HSA) helps pay for out-of-pocket medical costs, but it may surprise you to learn that this tax-advantaged account could be a superior retirement savings vehicle, too. It has become ingrained in us that we should max out our 401(k) or other workplace-defined contribution plan as the best way to

In this article F CZR SHOO Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters It seems each passing trading session brings a torrent of quarterly earnings and sharp swings for the stocks of the companies reporting results. Positive prints can have

The auto company that some Americans may still refer to as Chrysler is now part of a conglomerate called Stellantis NV (STLA) based in Amsterdam. Fiat Chrysler Automobiles officially merged with PSA Group, owner of the Peugeot automobile brand, in early 2021. The combination makes Stellantis the world’s fourth-largest automobile maker, with 14 vehicle brands