In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. The stock fell more than 9% in extended
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It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group chairman and CEO Terry Duffy. “Everybody that I’ve talked to over the last year has been dead wrong when it comes to what the Fed was going to do,” Duffy told CNBC’s “Fast Money” on Wednesday.
The Mega Millions jackpot grew to $910 million on July 26, 2023. Tayfun Coskun | Anadolu Agency | Getty Images The Mega Millions jackpot has grown to an estimated $910 million, with the next high-stakes drawing on Friday at 11:00 p.m. ET. The big prize has only exceeded $1 billion four times, most recently reaching
Halfpoint Images | Moment | Getty Images The Americans with Disabilities Act was signed into law 33 years ago to protect people with disabilities from discrimination. But the disabled still face major hurdles when it comes to building wealth. To help make it easier for disabled individuals with lower incomes to save, Sen. Bob Casey,
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for the first time in four decades. As interest rates climb, economists say financial conditions are headed back to being more normal. related investing news Stocks,
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In this article KO Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian passes a Coca-Cola delivery truck in Mexico City, Mexico, on Wednesday, Jan. 25, 2023. Jeoffrey Guillemard | Bloomberg | Getty Images For two years, Coca-Cola has been raising prices on its drinks to combat higher costs. But the company said Wednesday it’s done
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta will report second-quarter earnings after market close on Wednesday. Here are the
Leon Neal | Getty Images News | Getty Images The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them. Much more. The SEC is scheduled to vote today on rules that would require public companies to disclose “material” cybesecurity breaches within four days after
Elon Musk’s Twitter rebrand could land him in legal hot water with Meta CEO Mark Zuckerberg and others, experts say. On Sunday, Musk announced that he was getting rid of the Twitter brand and logo. The social media platform is now known as “X,” CEO Linda Yaccarino confirmed on Sunday. “X is the future state
Valentinrussanov | E+ | Getty Images For millions of Americans, a Covid-19 infection has turned into a long, drawn-out health condition with no expiration date. Those physical symptoms are often accompanied by increased financial uncertainty, according to recent research from the Urban Institute. Approximately 1 in 5 adults with so-called long Covid symptoms have had
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Mortgage rates didn’t move at all last week, and are still sitting near a recent high. With home prices continuing to rise, that pushed more potential homebuyers to the sidelines. Total mortgage application
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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors CEO Mary Barra on Tuesday blamed a supplier of automation equipment for the slow ramp-up
In this article META 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 tumbled
A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022. Alex Kraus | Bloomberg | Getty Images Deutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023, narrowly beating expectations despite a 27% year-on-year decline. The bank’s net
Are you prepared? That was the question that many in the travel industry asked following China’s surprise reopening announcement in the final days of 2022. Many assumed that a torrent of travelers would be lining up to venture outside of China after three years of harsh “zero-Covid” policies. Yet, many residents stayed home —
Getting a foot in the door of a company is often a major hurdle for people with disabilities looking for employment, even 33 years after the passage of the Americans with Disabilities Act. The ADA is a federal law requiring employers to make “reasonable accommodations” — adjustments or modifications — for qualified job applicants or employees
Construction on a real estate project in Yantai, Shandong province, gets under way on July 8, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support. Beijing’s crackdown on the once-hot property market has focused on financial risks of
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Wells Fargo building in San Francisco. Source: CNBC Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its board of directors approved a previously announced dividend increase, to 35 cents per share from