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In this article TSLA Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Tesla CEO Elon Musk, in an email exchange with CNBC on Tuesday, accused President Joe Biden of ignoring his electric vehicle company in favor of paying more attention to legacy auto makers. But he
In this article M People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City. Angela Weiss | AFP | Getty Images Macy’s on Tuesday reported fiscal fourth-quarter earnings and sales that outpaced analysts’ estimates and said that a strategic review has prompted the retailer to accelerate its turnaround
U.S. stock market futures were modestly higher in overnight trading Tuesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average advanced 85 points. S&P 500 futures gained 0.35%, while Nasdaq 100 futures rose 0.5%. During regular trading the Dow fell
Years before co-founding Salesforce, CEO Marc Benioff started his career like a lot of people do – as an intern. Benioff’s first step on the corporate ladder was far from typical. His Apple internship placed him in close proximity to tech icon and company co-founder Steve Jobs. And the future CEO’s “first boss” was Guy
Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hearing on the CARES Act Oversight at the Senate Office Building on Tuesday, Nov. 30, 2021 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images The outlook for Federal Reserve rate hikes after March may become less clear if Russia continues
krisanapong detraphiphat | Moment | Getty Images American consumers reported losing more than $5.8 billion to fraud last year, up from $3.4 billion in 2020 (an increase of more than 70%), the Federal Trade Commission said Tuesday. Almost 2.8 million consumers filed a fraud report to the agency in 2021 — the highest number on
Rendering of Panther National Clubhouse Courtesy: Panther National A golf legend and a one of the PGA’s hottest young stars are teaming up to create a luxury golf community in Palm Beach County, Florida. Hall of fame golfer Jack Nicklaus, 82, and 28-year old PGA Tour star Justin Thomas broke ground Tuesday at Panther National
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Some people never received or didn’t get their full stimulus payment amount in 2021. If this applies to you, or if you gained any dependents in 2021, you might be able to claim the 2021 Recovery Rebate Credit — even if you don’t usually file taxes. Check out our FAQs below for general information on
Russian aggression against Ukraine has sent commodities and gold higher. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article TSLA The planned shutdown of outdated 3G networks will affect the connected systems of dozens of vehicle models that hit the market anytime from 2010 to as recently as 2021, in some cases. Dusan Petkovic | iStock | Getty Images Millions of vehicles in the U.S., including Teslas, Audis, Hondas and Nissans,
In this article DNUT Krispy Kreme on Tuesday reported its first quarterly profit since going public again but fell short of Wall Street’s expectations for its earnings. Shares of the doughnut company rose nearly 2% in premarket trading. Since its initial public offering in July, the stock has struggled, falling 33%. Here’s what the company
In this article SOFI TPX HD People shop at a home improvement store in Bethesda, Maryland, on February 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Home Depot — Shares of the home improvement retailer fell 8.6% with the broader market sell-off, despite the
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday the stock market may have “another couple days of this uncertainty,” until it becomes clear whether Russia will invade Ukraine or whether Moscow will stop with recognizing the independence of Luhansk and Donetsk, two breakaway regions there. “The market needs to get a little
Getty Images If your teen or adult child in college has been dabbling in stocks or cryptocurrency, their gains may trigger a surprise bill at tax time. That’s because of the so-called “kiddie tax,” an extra levy for parents once their child’s investment income — capital gains, dividends and interest — exceeds a certain threshold.
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters LONDON — Credit Suisse is facing fresh scrutiny from Swiss regulators and the European Parliament after leaked data purported to show the bank had served human rights abusers, corrupt politicians and businessmen under
In this article HD A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Home Depot on Tuesday said sales grew 11% in the fiscal fourth-quarter, as the retailer topped Wall Street’s expectations and said it sees sales growth ahead for 2022.
A worker in a dust-proof suit controls an LED epitaxy chip production line at a semiconductor workshop in Nanchang, Jiangxi Province, on Jan. 26, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China will cut taxes and fees on a greater scale this year, while focusing on supporting the nation’s tech development,
SINGAPORE — Singapore’s Finance Minister Lawrence Wong said the country is “quietly confident” about handling the highly transmissible omicron variant, despite the recent surge in Covid cases the country recorded last week. The city-state may even consider easing restrictions when the latest wave blows over, said the minister who is also co-chair of the nation’s