Here’s why the Hummer disappeared from AmericaThe Hummer was an angular, militaristic, go-anywhere truck that became an emblem of 1990s pop culture. General Motors’ Hummer was a coveted status symbol sought by celebrities and a sometimes mocked and vilified example of how far America’s newfound love for SUVs had gone. But in 2009, GM got rid of several of its brands, including Pontiac, Oldsmobile, Saab, and Hummer. While the Hummer had a brief lifespan of just under two decades, it made a lastin

If your company offers a 401(k) plan, it may also offer a 401(k) match. The average employer 401(k) match reached 4.7% this year, according to Fidelity, which manages more than 30 million retirement accounts. Failing to regularly contributeGetty ImagesDipping into your accountPeter Dazeley | Getty ImagesPeople often cash out their 401(k) s when they leave a job or need money to pay a debt or unexpected expense, O’Shea said. To avoid this hit to your retirement savings, work to build up a healthy

Shares of SmileDirectClub tanked by as much as 20% in midday trading Wednesday, following the company’s first earnings report since going public in September. Its guidance for fourth-quarter earnings fell short of analysts’ estimates, raising questions about the company’s ability to manage investor expectations. The company made its public debut Sept. 12, and saw its shares plummet 28% in its first day of trading. The poor public debut marked SmileDirectClub as the worst IPO this year of a “unic

SEATTLE, WA – SEPTEMBER 25: Quarterback Colin Kaepernick #7 of the San Francisco 49ers walks off the field after the game against the Seattle Seahawks at CenturyLink Field on September 25, 2016 in Seattle, Washington. Former San Francisco 49ers quarterback Colin Kaepernick may finally be stepping back onto the field, according to ESPN. ESPN reported that all NFL teams were invited by the league to the private workout, although Kaepernick’s representatives weren’t informed about the invitation un

Walmart, Target, Coca-Cola and Home Depot — among others — are all down over the last month as the high-flying consumer space collectively begins to run out of steam. These stocks aren’t all without hope, however, and the group will have a chance at redemption when Walmart reports earnings before the bell on Thursday. Despite the stock’s recent struggles, options traders are betting that the retail giant could climb back toward its all-time highs by the end of the week. This time around, traders

The House Intelligence Committee opened its historic impeachment hearing to the public Wednesday with Chairman Adam Schiff warning Republicans not to reveal the identity of the whistleblower whose bombshell complaint helped launch the probe of President Donald Trump. “We will not permit the outing of the whistleblower,” Schiff said in response to questions from Republican panel members. “If necessary, I will intervene” to prevent the identity of the whistleblower from being shared in the public

Supreme Court Justice Ruth Bader Ginsburg participates in a discussion during the Library of Congress National Book Festival at the Walter E. Washington Convention Center on Saturday, August 31, 2019. Supreme Court Justice Ruth Bader Ginsburg is not attending arguments in the Supreme Court on Wednesday, because of an illness. Chief Justice John Roberts said at the start of arguments that Ginsburg was “indisposed due to illness.” The Supreme Court on Wednesday heard arguments in a $20 billion rac

The news is setting off alarm bells in the retail industry, with some speculating other brands could follow Nike’s lead. “Brands don’t need Amazon,” Jefferies analyst Randy Konik said. With Nike leaving then Amazon platform … it strengthens our view that retailers/brands won’t be displaced by Amazon.” “The move shows us that strong brands realize that traffic driven to their own site (e.g. In recent years, Amazon has courted brands including Nike, PVH’s Calvin Klein, Chico’s, Sears and J.

Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Wednesday before the Joint Economic Committee of Congress. The occasion will give legislators the chance to question Powell on the state of the economy and where he sees interest rates heading. Central bankers this year have approved three rate cuts as part of a “mid-cycle adjustment” as growth has slowed in 2019. After the Fed approved its most recent cut in late October, off

Bill Taylor, acting U.S. ambassador to Ukraine, center, arrives for a House Intelligence Committee impeachment inquiry hearing in Washington, D.C., U.S., on Wednesday, Nov. 13, 2019. Andrew Harrer | Bloomberg | Getty ImagesWASHINGTON — President Donald Trump’s top envoy to Ukraine, William Taylor, revealed new details Wednesday about a phone call that happened a day after the president spoke with Ukrainian President Volodymyr Zelenskiy, which led to House Democrats’ impeachment inquiry. “Last Fr

Leon Cooperman quipped the plunge could be so bad that exchange operators will have to keep the market closed. Mark Mobius agrees with Cooperman, saying a 20% or 25% drop “is probably possible” if President Donald Trump doesn’t win. Ian Winer, director of Wedbush’s equity sales trading in 2016, said at the time that Trump’s policies could send the market down 50%. Barclays Chief Investment Officer Keith Parker wrote that the S&P 500 could fall as much as 11-13% if Trump wins. Those fears manifes

But Eric Frazer isn’t your average peak performance coach, or as he likes to say, “peak performance expert.” Credit: Dr. Eric Frazer, CEO of Hiring Top TalentTo see what peak performance coaching is all about, Frazer worked with me at no cost for a month. This will also help identify what is holding you back. How can I take on bigger stories and bigger interviews while maintaining my day-to-day workflow? Tips for peak performance that anyone can do

This is like gaming, but with real people in real life,'” Paltrow told Reid Hoffman on the Masters of Scale podcast. The book details former RJR Nabisco CEO F. Ross Johnson’s attempt to take the company private in 1988 in order to buy it himself. Paltrow said the drama in the book, which was made into a made-for-TV movie by HBO in 1993, got her fascinated with the world of business. “So I always harbored this secret desire to somehow start a business,” Paltrow told Hoffman. In 2008, at the age o

Getty ImagesMidway into the presentation, Gates turned to Jain and asked, “What do you think about this operating system?” And Bill Gates was extremely intense person. They’re going to say what they believe, and then they’re going to go out and do it themselves. They’re going to say what they believe, and then they’re going to go out and do it themselves.” Bill Gates was ‘driven, passionate and full of belief’Jain still considers the Microsoft co-founder as his “most admired thought leader.”

(Photo by Kena Betancur / AFP) (Photo credit should read KENA BETANCUR/AFP/Getty Images)Apple has started to make its products thicker in an effort to give people what they want: functionality over form. Just look at the iPhones over the past several years along with the iPad, Apple Watch and AirPods. It’s barely noticeable but shows that Apple knows people are willing to sacrifice on thinness for a phone that lasts all day. That’s partly because Apple was able to increase the battery size, some

The developer of the original Prey, Rune, and The Quiet Man, Human Head Studios, has closed its doors. Madison, Wisconsin-based Roundhouse Studios “will immediately begin work on unannounced projects at Bethesda,” according to an announcement from Bethesda. With the formation of Roundhouse Studios, Bethesda offered every employee of Human Head a position at the new company. Bethesda and Human Head previously worked together on Prey 2, a canceled sequel to the 2006 first-person shooter. Human Hea

Pokémon Sword and Pokémon Shield, developer Game Freak’s first new game for Nintendo’s latest console, will be released on Nov. 15 for Nintendo Switch. Sword and Shield largely follow tradition as a Pokémon franchise game, but add new elements that make it fresh and open. No matter where you’re located, Sword and Shield will be available right when the clock strikes midnight in your area. Related Pokémon Sword and Shield open up the world enough to spark wonderIf you’d like to play Sword and Shi

The first Pokémon I saw when I entered Pokémon Sword and Pokémon Shield’s new Wild Area was an Onix, a big, bulky string of rocks slithering around an open field. It’s a perfectly placed lesson in what’s to come: These aren’t the patches of tall grass I’ve grown accustomed to in Pokémon games. Its last game, Pokémon: Let’s Go!, was the franchise’s flawed-yet-charming move away from purely handheld gameplay when it was released on Nintendo Switch in 2018. Pokémon Sword and Pokémon Shield are two

The iShares S&P 500 Growth ETF (IVW) also hit a 52-week high on Tuesday, along with the broad market, suggesting investors aren’t fleeing the group. “What I like about the ETF … [is] it captures both value and growth in there. “You can go out to the January … at-the-money calls, which are right around $96 right now” in the XLV. The SPDR S&P Biotech ETF (XBI), for one, is twice as expensive on an implied-volatility basis. “I think the option trade is the right way to play [it].

Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volume last week. Total mortgage application volume rose 9.6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The refinance share of mortgage activity increased to 61.9% of total applications from 59.5% the previous week. Mortgage rates were volatile in October and are now at their highest level in three months and could m