In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, on March 29, 2023. George Frey | Reuters The Food and Drug Administration on Wednesday approved Eli Lilly‘s
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. Joe Burbank | Tribune News Service | Getty Images LOS ANGELES – Disney shareholders will
The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024. Often one of the central bank’s bigger proponents for tighter monetary policy, Mester, 65, will reach mandatory retirement as she will have served in her current position for 10 years come June of next year.
Tetra Images | Digitalvision | Getty Images Feeling the pressure of inflation and rising interest rates over the past few months, an increasing number of consumers have been making credit card payments 30 days late or more, according to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit. That
Richard Stephen | Istock | Getty Images The clock is ticking for Congress to shore up Social Security benefits. The latest projections from Social Security’s actuaries show the program’s trust funds are due to run out in 2034, at which point 80% of benefits will be payable. If Congress does not act by 2034, the
House for sale in Millbrae, California. Xinhua News Agency | Xinhua News Agency | Getty Images Mortgage rates saw the biggest one-week drop in over a year last week, causing the first increase in mortgage demand in a month. Total mortgage application volume rose 2.5% last week, compared with the previous week, according to the
Making 2017 Tax Reform Permanent: Details & Analysis Skip to content Table of Contents Key Findings The TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Cuts and Jobs Act of 2017 (TCJA) overhauled
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Company boards tend to want to stay out of the
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Shares of Roblox popped 12% in premarket trading Wednesday after the company released third-quarter results that beat on top and bottom lines and showed strong user growth. Here’s how the company did: Loss per share: 45 cent loss
Fabrice Coffrini | Afp | Getty Images UBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its emergency rescue of Credit Suisse — for the first time since completing the takeover. The Swiss banking giant is marketing two tranches of U.S. dollar AT1 bonds, a
Ivanka Trump, assistant to U.S. President Donald Trump, listens during an American Workforce Policy Advisory Board meeting in the East Room of the White House in Washington, D.C., U.S., on Friday, June 26, 2020. Al Drago | Bloomberg | Getty Images Ivanka Trump, the eldest daughter of former President Donald Trump, is scheduled to testify
In this article WBD NFLX CMCSA PARA DIS Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK, NEW YORK – OCTOBER 31: Rebecca Damon joins SAG-AFTRA members on strike during Halloween on October 31, 2023 in New York City. The strike, which began on July 14, entered its 100th day on October 21st as the actors’
In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT A statue of Nintendo’s video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday, as it continues to get
People attend a launch ceremony of Inceptio’s autonomous driving system on March 10, 2021 in Shanghai, China. Huanqiu.com | Visual China Group | Getty Images BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. It’s a critical step toward monetization in a nascent business that’s drawn many investor dollars,
History seeps from the walls of the Old War Office in Whitehall, London, Winston Churchill’s former workplace. Once the beating heart of Britain’s military empire, the headquarters from which some of the most consequential decisions in modern U.K. history were made, the building is now forging a new future as one of the capital’s leading
Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the largest increase since 1999, the New York Fed found. “Credit card balances experienced a large jump in the third quarter,
In this article PLNT Follow your favorite stocksCREATE FREE ACCOUNT A person works out at Planet Fitness as they re-open at 25 percent capacity in Boston’s Dorchester on Feb. 1, 2021. Jessica Rinaldi | Boston Globe | Getty Images Planet Fitness shares surged double digits after beating expectations on both lines for the third quarter
An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc’s biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly. “Because of some of the strangeness of this moment, there is the possibility of the golden path … that we got inflation down without a recession,” Goolsbee
Young woman talking to parents. Getty Images Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce. For instance, 55% of young adult respondents find it is “much harder” to purchase a home, 44% said it is harder to find