Amalgamated Bank lowered its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 992,936 shares of the information services provider's stock after selling 5,470 shares during the quarter. Alphabet makes up about 1.7% of Amalgamated Bank's investme...
Amalgamated Bank lowered its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 992,936 shares of the information services provider's stock after selling 5,470 shares during the quarter. Alphabet makes up about 1.7% of Amalgamated Bank's investment portfolio, making the stock its 9th largest holding. Amalgamated Bank's holdings in Alphabet were worth $241,830,000 at the end of the most recent reporting period. Several other institutional investors also recently modified their holdings of the company. Oak Ridge Investments LLC lifted its stake in Alphabet by 1.8% in the 3rd quarter. Oak Ridge Investments LLC now owns 241,049 shares of the information services provider's stock valued at $58,707,000 after purchasing an additional 4,280 shares during the last quarter. Tred Avon Family Wealth LLC acquired a new stake in shares of Alphabet in the third quarter valued at approximately $4,119,000. FAS Wealth Partners Inc. boosted its stake in shares of Alphabet by 1.6% during the 3rd quarter. FAS Wealth Partners Inc. now owns 52,379 shares of the information services provider's stock worth $12,757,000 after acquiring an additional 817 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Alphabet by 1.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 414,605 shares of the information services provider's stock worth $100,977,000 after acquiring an additional 6,994 shares during the last quarter. Finally, Stenger Family Office LLC raised its stake in Alphabet by 38.2% in the 3rd quarter. Stenger Family Office LLC now owns 16,942 shares of the information services provider's stock valued at $4,573,000 after acquiring an additional 4,681 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds. Get Alpha...
Americana Partners LLC lifted its stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 4.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 196,685 shares of the semiconductor manufacturer's stock after acquiring an additional 8,940 shares during the quarter. Broadcom makes up approximately 2.0% of Amer...
Americana Partners LLC lifted its stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 4.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 196,685 shares of the semiconductor manufacturer's stock after acquiring an additional 8,940 shares during the quarter. Broadcom makes up approximately 2.0% of Americana Partners LLC's holdings, making the stock its 6th biggest position. Americana Partners LLC's holdings in Broadcom were worth $64,888,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Broadcom in the 2nd quarter worth $18,579,549,000. Vanguard Group Inc. lifted its position in shares of Broadcom by 1.3% in the second quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock valued at $133,261,046,000 after acquiring an additional 6,222,802 shares in the last quarter. Edgewood Management LLC bought a new position in shares of Broadcom in the second quarter worth about $1,571,438,000. Massachusetts Financial Services Co. MA grew its position in shares of Broadcom by 115.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer's stock worth $1,658,680,000 after purchasing an additional 3,224,739 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Broadcom by 8.4% during the second quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer's stock worth $10,598,641,000 after purchasing an additional 2,978,768 shares in the last quarter. Institutional investors own 76.43% of the company's stock. Get Broadcom alerts: Sign Up Broadcom News Summary Here are the key news stories impacting Broadcom this week: Analyst Upgrades and Downgrades Several research firms have w...
Schools should be phone-free throughout the entire day, the education secretary has told headteachers in England, stressing that pupils should not use the devices even as calculators or for research. Bridget Phillipson wrote to schools to underline updated guidance issued by the government last week, according to the BBC. “Schools should make sure those policies are applied consistently across cla...
Schools should be phone-free throughout the entire day, the education secretary has told headteachers in England, stressing that pupils should not use the devices even as calculators or for research. Bridget Phillipson wrote to schools to underline updated guidance issued by the government last week, according to the BBC. “Schools should make sure those policies are applied consistently across classes, and at all times and we want parents to back these policies too,” Phillipson said. Teachers were also advised not to use their phones in front of pupils. Phillipson said Ofsted, the schools watchdog, would inspect how schools implement the policy, while the Department for Science, Innovation and Technology (DSIT) said it would take immediate action on children’s social media use. The updated guidance states that pupils “should not have access to their devices during lessons, break times, lunchtimes or between lessons”. DSIT data shows 99.9% of primary schools and 90% of secondary schools already have mobile phone policies. However, 58% of secondary school pupils reported phones being used without permission in some lessons, rising to 65% among key stage four pupils. Paul Whiteman, the general secretary of the National Association of Head Teachers, told the BBC school leaders “need support from government, not the threat of heavy-handed inspection”. The move comes as ministers consult on introducing an Australian-style social media ban for under-16s in the UK. Options include raising the digital age of consent and restricting potentially addictive app design features such as “streaks” and “infinite scrolling”. Ministers will visit Australia, where a ban came into force in December. The government will seek views from parents and young people and will respond in the summer, according to the DSIT. Last week, the House of Lords backed a Conservative-led amendment to the children’s wellbeing and schools bill that proposed such a ban, despite it not being supported by the g...
Congress must make big changes to Social Security with benefit cuts rapidly approaching. Social Security is a major source of income for millions of retired workers, but the program has a serious financial problem. In recent years, costs have increased faster than revenue because of a demographic shift created by the aging population. Consequently, the trust fund, the account that pays benefits, i...
Congress must make big changes to Social Security with benefit cuts rapidly approaching. Social Security is a major source of income for millions of retired workers, but the program has a serious financial problem. In recent years, costs have increased faster than revenue because of a demographic shift created by the aging population. Consequently, the trust fund, the account that pays benefits, is on pace to be depleted within a few years. Projections vary, but the latest estimate from the Social Security Board of Trustees says the Old Age and Survivors Insurance (OASI) Trust Fund will be exhausted by 2033. Thereafter, tax revenue, which would not be affected by the trust fund's depletion, would cover 77% of scheduled benefit payments, meaning benefits would automatically be cut by 23% across the board. Here are four Social Security changes that would collectively prevent across-the-board benefit cuts. 1. Apply Social Security's payroll tax to all income Social Security is primarily financed with a dedicated payroll tax. Workers and employers each contribute 6.2% of wages (i.e., 12.4% total). But some income is exempt. Specifically, the maximum taxable earnings limit is $184,500 in 2026. Any income above that threshold is not subject to the Social Security payroll tax. Importantly, Social Security is projected to run a $26 trillion deficit over the next 75 years. But the deficit could be reduced if more income was subject to Social Security's payroll tax. For instance, applying the tax to all income would eliminate 50% of the 75-year funding shortfall, according to the Committee for a Responsible Federal Budget (CRFB). 2. Raise Social Security's payroll tax rate to 13.6% As mentioned, the Social Security payroll tax rate is currently 12.4%, split between workers and employers, meaning both parties contribute 6.2%. But a percentage of the financing shortfall would be resolved if the payroll tax rate were higher. For instance, increasing the payroll tax rate to 13.6%...
Earnings season is in full throttle, with results expected from big-name companies including UnitedHealth, Chevron and Boeing. A quartet of tech giants—Apple, Meta Platforms, Microsoft and Tesla—will also report results.
Earnings season is in full throttle, with results expected from big-name companies including UnitedHealth, Chevron and Boeing. A quartet of tech giants—Apple, Meta Platforms, Microsoft and Tesla—will also report results.
Bet_Noire/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy and Ewa Manthey, Commodities Strategist US natural gas prices continue to surge as a winter storm hits large parts of the US, while precious metal prices hit record highs yet again amid heightened geopolitical risks Energy – Natural gas prices continue to surge US natural gas prices continue to rally, with Henry Hu...
Bet_Noire/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy and Ewa Manthey, Commodities Strategist US natural gas prices continue to surge as a winter storm hits large parts of the US, while precious metal prices hit record highs yet again amid heightened geopolitical risks Energy – Natural gas prices continue to surge US natural gas prices continue to rally, with Henry Hub breaking above $6/MMBtu and trading to its highest level since late 2022. This comes as a winter storm hits the US, with nearly half of all states declaring emergencies. The extreme conditions will boost heating demand and put energy infrastructure at risk. Bloomberg New Energy Finance (BNEF) estimates that US natural gas production fell more than 11bcf/d over the last 5 days. However, while there will be stronger heating demand and supply hits, industrial demand could come under pressure , with some industrials reducing or temporarily halting operations due to weather conditions. Despite supply and demand concerns, US gas storage was very comfortable heading into this winter storm. The latest storage data from the EIA shows that US gas storage was up 4.8% year-on-year and 6.1% above the 5-year average as of 16 January. This suggests the market's strength should be relatively short-lived, assuming no prolonged disruptions once we get to the other side of this storm. The speculative short in the US gas market has intensified the price move seen over the last week. The latest positioning data shows speculators still held a net short of 77,014 lots in Henry Hub as of last Tuesday. Yet given the price action since, it’s likely that this short position has been completely erased. Meanwhile, it appears that natural gas deliveries to US LNG plants fell significantly over the weekend, raising concerns about supply in other regional markets. This helps to explain part of the strength in the European gas market, where TTF has rallied to above EUR40/MWh. Europe has been experiencing...
Make sure to pay attention to your plan's new rules. While Medicare Parts A and B offer standard coverage for all enrollees, your prescription costs and coverage will hinge on the specific Part D drug plan you choose. It's common for these plans to change from year to year, though. And some of those changes could result in higher costs. Here are a few ways your Medicare Part D plan may have change...
Make sure to pay attention to your plan's new rules. While Medicare Parts A and B offer standard coverage for all enrollees, your prescription costs and coverage will hinge on the specific Part D drug plan you choose. It's common for these plans to change from year to year, though. And some of those changes could result in higher costs. Here are a few ways your Medicare Part D plan may have changed in 2026. 1. Your premiums may have risen Although some $0 premium Medicare Part D plans exist, many people pay a premium each month for drug coverage. If your premium costs have increased this year, you'll need to factor that into your budget. 2. Your deductible may have increased Most Medicare Part D plans have an annual deductible you need to meet. It's not uncommon for deductibles to increase, so make sure you know what amount you're looking at this year. You'll generally need to pay the full cost for your medications until that deductible is met. 3. You may be looking at higher drug copays Medicare Part D plans use formularies to group medications into different tiers. The higher the tier, the higher your out-of-pocket costs will generally be. It may be that the medications you take have moved into a higher tier this year. If so, you could be looking at higher costs. If money is tight and you're struggling to afford your medications, you may want to talk to your doctor about generics or other alternatives. There may also be a drug assistance program you qualify for based on your income, so it pays to do some research. 4. Your preferred pharmacy network may have changed It's a pretty standard practice for Medicare Part D drug plans to have a preferred pharmacy network. If that pharmacy network changed in 2026, it's an important thing to know about. Going outside your plan's preferred pharmacies could mean paying a lot more for your medications -- as much as the full cost, in fact. You may be able to get reimbursed if you go outside of your plan's network, but then you'...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. The artificial intelligence revolution is disrupting Britain’s jobs, and not (yet) in the most positive sense. Research by Morgan Stanley has found the UK is losing more jobs than it is creating due to AI, and at a faster rate than international peers . AI led to 8% net job lo...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. The artificial intelligence revolution is disrupting Britain’s jobs, and not (yet) in the most positive sense. Research by Morgan Stanley has found the UK is losing more jobs than it is creating due to AI, and at a faster rate than international peers . AI led to 8% net job losses over the past 12 months, twice the international average. That was higher than German, American, Japanese and Australian firms. It comes as unemployment nears a five-year high in Britain and hiring falls, as employers grapple with higher payroll costs, slower economic growth and political instability. Naturally, a lot of firms are scaling back in occupations likely to be impacted by AI. Prime Minister Keir Starmer has pledged to transform the UK into a global AI superpower and create tens of thousands of jobs. Perhaps it’s just teething problems. What’s your take? Ping me on X , LinkedIn or drop me an email at lmoon13@bloomberg.net. Oh, and do subscribe to Bloomberg.com for unlimited access to trusted business journalism on the UK, and beyond. What We’re Watching Ryanair lifted full-year expectations for passenger growth and air fares, with the former helped by good progress with Boeing deliveries and stronger travel demand. Continued capacity restraints in Europe are driving fares “slightly” higher, its CFO said . Living standards in London improved at more than double the pace of the rest of the UK over the past decade, according to a fresh report. It showed stark geographical winners and losers. As Rachel Reeves prepares to help pubs with rising business rates , in a U-turn from her budget plans, the bulk of the hospitality industry looks set to be left in the cold . Hotels and restaurants warn of a tax “nightmare” as sites close, growth slows and hiring is put on ice. Plus, Keir Starmer’s allies have barred Andy Burnham , Greater Manchester Mayor, from standing as ...
Moments after clinching a Super Bowl berth, Sam Darnold strolled over for his obligatory television interview. He was thrilled; the Seahawks had just toppled the Rams in a 31-27 thriller. But he was also measured. Unlike receiver Jaxon Smith-Njigba, who would follow and was teeming with emotion, Darnold simply spoke about his love for his teammates. And when asked about his improbable journey, he ...
Moments after clinching a Super Bowl berth, Sam Darnold strolled over for his obligatory television interview. He was thrilled; the Seahawks had just toppled the Rams in a 31-27 thriller. But he was also measured. Unlike receiver Jaxon Smith-Njigba, who would follow and was teeming with emotion, Darnold simply spoke about his love for his teammates. And when asked about his improbable journey, he replied, “I haven’t really thought about it that much.” He may not have, but the rest of us have. And whether Darnold likes it or not, his comeback story will be the prevailing storyline of Super Bowl 60. How can it not, especially after the quarterback saved what may have been the best performance of his life for Seattle’s third, and most important, tilt with the Rams this season. He completed 25 of his 36 passing attempts for 346 passing yards, three touchdowns, and no turnovers, but those stats are just one part of the story. It was Darnold’s decision-making under pressure, lack of mistakes, and execution of Klint Kubiak’s aggressive play calls that are a key reason Seattle will be playing for the Lombardi Trophy. Per NextGenStats, Darnold was the first NFL quarterback to throw three touchdowns under pressure in a playoff game. In his previous two meetings with the Rams this season, Darnold had thrown zero touchdowns and three interceptions under pressure. That contrast is a microcosm of Darnold’s career. In two weeks, Darnold will not only take the field as a starting quarterback on football’s biggest stage, but he’ll also return to Levi’s Stadium. San Francisco is one of Darnold’s many former homes, and it was also the start of his career resurrection. Before San Francisco, Darnold was just another failed Jets quarterback. The third-overall pick in the 2018, he was plagued by turnovers and crumbled under a dysfunctional franchise that didn’t give him much of a supporting cast. Darnold’s most memorable moment with New York was a live mic recording him saying he was “see...