In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella appears at an event with senior officials and CEOs in the East Room of the White House in Washington on June 22, 2023. Chris Kleponis | CNP | Bloomberg | Getty Images Microsoft will report results for its fiscal fourth quarter
In this article WFC MSFT GOOGL SNAP RHI TDOC Follow your favorite stocksCREATE FREE ACCOUNT Visitors are seen at Google Headquarters in Mountain View, California, United States on May 15, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines after the bell. Alphabet — Shares of the Google parent
Luxury behemoth LVMH on Tuesday reported a surprising drop in U.S. sales in the second quarter, as its chief financial officer said “aspirational customers are not shopping as much as they used to.” LVMH’s U.S. sales slid 1% in the second quarter from the prior-year period. The disappointing results in the U.S. market came after
Andresr | E+ | Getty Images After years of low interest payouts, savings accounts now are paying higher yields, after a series of interest rate hikes from the Federal Reserve. But many Americans still aren’t getting the best rates for their cash. Despite inflation concerns, nearly 70% of middle-income Americans haven’t moved savings to higher-yielding
President Joe Biden speaks on July 25, 2023. Samuel Corum/Sipa/Bloomberg via Getty Images The White House on Tuesday forgave $130 million in student debt for 7,400 borrowers who attended CollegeAmerica, a now-defunct institution in Colorado that officials said misled borrowers about their loans and career prospects. These borrowers “were lied to, ripped off and saddled
Tourists at the Bund on July 11, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Chinese stocks soared Tuesday as Beijing pledged to ramp up measures to bolster China’s sputtering economy. Hong Kong’s Hang Seng Index surged more than 3%, China’s tech-heavy ChiNext rose 1.8% and the Shanghai Composite Index increased
In this article UPS Follow your favorite stocksCREATE FREE ACCOUNT United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York. Victor J. Blue | Bloomberg | Getty Images UPS and the union representing more than 300,000 workers at the package carrier on Tuesday said they
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO, Alphabet Inc., during the Google I/O developers conference in Mountain View, California, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet will report second-quarter earnings after the close of regular trading on Tuesday. Here’s what Wall Street is expecting:
In this article ALK A PKG NXPI SPOT MMM Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Check out the companies making headlines in midday trading. 3M – Shares of the chemical manufacturer rose 5.5% following the company’s latest earnings report. 3M posted $7.99 billion in revenue, beating analysts’ estimates
Leon Black, chairman and chief executive officer of Apollo Global Management LLC, at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 27, 2015. Patrick T. Fallon | Bloomberg | Getty Images A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black‘s ties to
Michael H | Stone | Getty Images Car repair costs are up almost 20% in the past year, according to the consumer price index — more than six times the national inflation rate and among the largest annual price increases of any household good or service. So, what’s driving up prices? It’s a combination of
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Home prices in May rose for the fifth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening. The gains come despite a sharp jump in mortgage interest rates during the month.
In this article CVX MAT ISRG DPZ AMC SPOT IMAX Follow your favorite stocksCREATE FREE ACCOUNT The AMC Empire 25 off Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images Check out
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The Chinese government
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Cillian Murphy in Oppenheimer and Margot Robbie as Barbie Julien De Rosa | AFP | Getty Images; Stuart C. Wilson | Getty Images “Barbenheimer” exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office. “Barbie” tallied around $155 million during its first three days in theaters, the
In this article CDNS NXPI FFIV WHR Follow your favorite stocksCREATE FREE ACCOUNT NXP Semiconductors Source: nxp.com Check out the companies making headlines in extended trading. Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to
Eyecrave Productions | E+ | Getty Images When it comes to living and retiring comfortably, Americans have some big numbers in mind for what they will need. Blame high inflation, which peaked at a rate of 9.1% over the preceding 12 months in June 2022, according to consumer price index data. While the pace of
IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images The IRS on Monday ended its controversial practice of unannounced visits to homes or businesses from agency revenue officers for most taxpayers. Part of a broader IRS overhaul, the policy
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