Author: Daniel snow
The Chase Sapphire Lounge at LaGuardia Airport, accessible only to Sapphire Reserve customers.Benji Stawski / CNBCJPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee.The bank on Tuesday unveiled an update to its premium credit card, which will now carry a $795 annual fee. That is a 45% jump from its previous level and the card issuer’s largest price increase for the Sapphire since its 2016 launch.But JPMorgan says users will now get more than $2,700 in annual benefits when the…
Troops were deployed so quickly to the ICE raid protests they can’t get benefits or wages. Source link
Lennar sees the average price of homes delivered for the current quarter falling to the lowest levels seen in eight years. Source link
Homes under construction at the Toll Brothers Preserve at Folsom Ranch community in Folsom, California, US, on Thursday, March 6, 2025. TBloomberg | Bloomberg | Getty ImagesHigher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation’s homebuilders.Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. The index stood at 43 in June 2024.Analysts had been expecting a slight improvement, given recent tariff negotiations and pullbacks by the Trump administration.This…
Trump tariffs are not boosting domestic manufacturers. Source link
The Johnson & Johnson logo displayed on a monitor.Sopa Images | Lightrocket | Getty ImagesTwo Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry in the GOP reconciliation bill.Sen. Elizabeth Warren, D-Mass., and Rep. Jan Schakowsky, D-Ill., accuse Pfizer, Merck, Johnson & Johnson, AbbVie and Amgen of paying little to no federal taxes for profit earned in 2024 and years prior, despite generating tens of billions of dollars annually from their drugs.In separate letters to each company on Tuesday, the lawmakers…
NFL chief media and business officer Brian Rolapp.Doug Murray | APThe PGA Tour on Tuesday named top NFL executive Brian Rolapp its next chief executive officer to succeed current Commissioner Jay Monahan. Monahan will begin to transition his day-to-day responsibilities to Rolapp and will step down at the end of 2026. Monahan said he informed the board last year of his intention to step down in 2026 after a decade leading the organization.”We’ve found exactly the right leader in Brian Rolapp, and I’m excited to support him as he transitions from the NFL into his new role leading the PGA…
Shares of Lockheed Martin, Northrop Grumman and others all fell to start the week. Source link
Yum Brands logoDado Ruvic | ReutersYum! Brands on Tuesday named Chief Financial and Franchise Officer Chris Turner as its next CEO, effective October 1.He will replace David Gibbs, who announced his retirement earlier this year. Gibbs has led Yum since 2020 and will stay on as an advisor through 2026.Turner joined the fast food company in 2019. Before that, he held senior roles at PepsiCo and spent over a decade at McKinsey.”I’m deeply honored to step into the role of CEO at Yum! Brands and incredibly grateful for the opportunity to lead this global company with such iconic brands,” Turner…
Leaders with high emotional intelligence are known to manage their emotions quite well. Start with any of these strategies. Source link