In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the big-box giant and other retailers brace for a tougher year ahead. Walmart, the nation’s largest private employer, is shrinking its workforce as many retailers
Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the Swiss National Bank (SNB), Marlene Amstad, chairperson of the Swiss Financial Market Supervisory Authority (FINMA), left to right, during a news conference in Bern, Switzerland, on
As a young, avid collector of luxury watches, Austen Chu said he was scammed “many times” when he bought timepieces from the secondary watch market. “Once, I bought a watch which had a dented dial and the seller told me that the dial got dented during shipping,” Chu recalled. And he believed it. But now,
Antonio_diaz | Istock | Getty Images Among the millions of Americans with past-due medical debt, there’s a decent chance they owe $1,000 or more, new research suggests. While 39% of that cohort said they owe less than $1,000, the remainder (61%) owe more, including 21% who owe at least $5,000, according to a new Urban
In this article F Follow your favorite stocksCREATE FREE ACCOUNT John Lawler, Chief Financial Officer of Ford, rings the opening bell at the New York Stock Exchange (NYSE), March 23, 2023. Brendan McDermid | Reuters Ford Motor disclosed on Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 —
Chinese tech giant Tencent released quarterly results Wednesday. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing “video accounts” business. Overall revenue for the quarter ended Dec. 31 came in at 144.95 billion yuan ($21.07 billion), higher than
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But
When it comes to the U.S. economy, confidence is key. But the banking crisis has threatened to upset how most people feel about their financial picture. “The bank problems are probably making a lot of people think twice,” said Diana Furchtgott-Roth, an economics professor at George Washington University and former chief economist at the U.S. Department of
The Good Brigade | DigitalVision | Getty Images A couple of Medicare enrollment periods are underway — and both end soon. First, if you didn’t enroll in Medicare when you should have and you don’t qualify for a special enrollment period, you can sign up until March 31. Second, if you are already on Medicare
In this article F Follow your favorite stocksCREATE FREE ACCOUNT The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Al Drago | Bloomberg | Getty Images Ford Motor said Thursday its electric vehicle business lost $2.1 billion last year on an operating
In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday raised its revenue outlook for fiscal 2023 for the second consecutive quarter after reporting quarterly results that showed growth
In this article PACW FRC COIN Follow your favorite stocksCREATE FREE ACCOUNT Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Coinbase — Shares of
Over the last 50 years, Americans have eradicated smallpox, reduced infant mortality rates and deaths from heart disease by around 70%, added a decade to the average American’s life and invented the internet. When it comes to the national poverty rate, however, we’ve made almost no progress. In 1970, a little more than 12% of
Jamie Grill | Getty Images When you’re on a tight budget, It can be tough to decide between contributing to your retirement savings or to your emergency fund — especially during periods of economic uncertainty. And the banking crisis has added to fears of a recession, with further stock market volatility triggered by the collapse
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An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust”, is displayed at a vigil in her honour in Albuquerque, New Mexico, October 23, 2021. Kevin Mohatt | Reuters Defense attorneys for the original “Rust” movie armorer, Hannah Gutierrez-Reed, are planning in the next
In this article SBNY Follow your favorite stocksCREATE FREE ACCOUNT Chair of the ECB Supervisory Board Andrea Enria and Chairperson of the European Banking Authority (EBA) Jose Manuel Campa in the European Parliament on March 21, 2023. Thierry Monasse | Getty Images News | Getty Images U.S. regulators made mistakes in failing to prevent the
Recent bank woes and rising interest rates have prompted higher levels of economic uncertainty. When it comes to the markets, that means more volatility may be in the forecast. Volatility happens when the value of an investment “fluctuates wildly in a short period of time,” according to the Financial Industry Regulatory Authority. “In the months
The tax information you need all in one place. We’ve put together a master list of helpful articles for your tax situation, whether you’re preparing to file, in the process of filing, or waiting for your refund. If you’re self-employed, we have a section for that too. Let’s dive right in. Individual filers Stage 1:
In this article VORB Follow your favorite stocksCREATE FREE ACCOUNT A general view of Cosmic Girl, a repurposed Boeing 747 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Airport Newquay on January 9, 2023 in Newquay, United Kingdom. Matthew Horwood | Getty Images Virgin Orbit is in