In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT The Gap logo is displayed at a Gap store in Los Angeles, April 25, 2023. Mario Tama | Getty Images Gap will lay off about 1,800 employees, more than three times as many as the 500 layoffs it announced in September, as part of a
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In this article MAT HAS Follow your favorite stocksCREATE FREE ACCOUNT Game maker Hasbro Justin Sullivan | Getty Images Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Hasbro shares spiked more than 13% Thursday after the toymaker reported
A security guard at Silicon Valley Bank monitors a line of people outside the office on March 13, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose of social media frenzy, the Federal Reserve
Viktorcvetkovic | Istock | Getty Images Shortly after the Supreme Court makes its expected ruling on the Biden administration’s sweeping student debt forgiveness plan, the loan bills are expected to resume. The U.S. Department of Education has said payments would be due again 60 days after the litigation over its student loan forgiveness plan resolves.
In this article GTN Follow your favorite stocksCREATE FREE ACCOUNT A general view during the second half in Game Two of the NBA Finals between the Milwaukee Bucks and the Phoenix Suns at Phoenix Suns Arena on July 08, 2021 in Phoenix, Arizona. Christian Petersen | Getty Images Arizona’s professional men’s and women’s basketball teams
In this article NET Follow your favorite stocksCREATE FREE ACCOUNT Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022. Cloudflare Inc. is expected to release earnings figures on Feb. 10. David Paul Morris | Bloomberg | Getty Images Cloudflare shares plunged as much as 25% in after-hours trading Thursday
POLAND – 2023/03/21: In this photo illustration, a First Republic Bank logo is displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. First Republic — Shares of the
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United Airlines Seatbacks Courtesy: United Airlines United Airlines‘ plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes,
The New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if traders choose carefully. Actively managed funds have historically underperformed passive strategies, but
Peopleimages | Istock | Getty Images For many Americans, a comfortable retirement may feel out of reach. Retirement confidence has dropped significantly in 2023, marking the biggest decline since 2008 among both workers and retirees, according to a new report from the Employee Benefit Research Institute and Greenwald Research. Workers’ confidence dropped to 64% from
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In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A closed Bed Bath & Beyond store in San Francisco, California, US, on Monday, April 24, 2023. David Paul Morris | Bloomberg | Getty Images In strip malls across the country, Bed Bath & Beyond stores have “Closing Soon” signs. For other retailers, those may
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap shares dropped
Francesco Carta Fotografo | Moment | Getty Images When it comes to cryptocurrency like bitcoin, new investors are often motivated by friends to take the plunge, according to a new study. But that might hold traps for the unwary, experts warn. “I don’t imagine friends are talking about when they lost money,” said Lee Baker,
Mark Cuban is riled up about Twitter’s new subscription protocol. The billionaire investor and owner of the NBA’s Dallas Mavericks recently took to Twitter to air his grievances and present ideas, after the platform removed blue checkmarks from countless previously verified accounts. Cuban wrote that Twitter CEO Elon Musk botched a marketing opportunity, and could
Series I bonds will offer a 4.3% interest rate through October, according to new rates issued by the U.S. Department of the Treasury on Friday. The new rate marks a decline from the 6.89% annual returns Series I bonds were offering for the six months ending in April. That record rate prompted higher demand for
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Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., US, on Wednesday, Sept. 14, 2022. Ting Shen | Bloomberg | Getty Images A group of bipartisan lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act