In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make additional payments to settle an investigation by the New York State Attorney General’s office, which
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor first-quarter guidance. Qualcomm also said it implemented a hiring freeze at the start of the current quarter. Here’s how the company did: Earnings: $3.13 per
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Qualcomm
Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less)
The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace of rate hikes. The U.S. central bank has raised the benchmark short-term borrowing rate a total of six times this year, including 75 basis point increases in June, July and
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Tom Cruise in “Top Gun: Maverick” Source: Paramount Paramount Global on Wednesday reported $6.92 billion in revenue for its third quarter, an increase of 5% year-over-year. Yet the company’s results missed expectations as it suffered from cord cutting and a drop in advertising revenue. Here’s
In this article PARA GOOS-CA EL CVS Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also raised its adjusted full-year guidance. The outlook excludes charges related to
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns that the lender will need to cut more employees as the U.S. housing slump deepens. The bank had about 18,000 loans in its retail origination pipeline
Jayk7 | Moment | Getty Images As we head into the fourth quarter, investors lack much to be excited about. Through Sept. 30, the S&P 500 Total Return Index declined by 23.87%, almost ensuring equity investors won’t enjoy anything close to the 31.4%, 18.4% and 28.7% returns the index delivered in 2019, 2020, and 2021,
As Wisconsin’s gubernatorial election draws near, the spotlight is on a potential flat individual income tax—and its effects on the state’s taxpayers and economy. Unfortunately, there has been much confusion, with bold claims being made based on plans that don’t exist, including claims that a flat tax “would increase taxes on the middle class and working poor.”
Brooklyn Nets head coach Steve Nash reacts to a call during the second quarter of the game against the Indiana Pacers at Barclays Center on October 31, 2022 in New York City. Dustin Satloff | Getty Images The Brooklyn Nets parted ways with head coach Steve Nash on Tuesday, following the star-laden team’s 2-5 start
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber reported a third-quarter loss Tuesday but beat analysts’ estimates for revenue and gave strong fourth-quarter guidance. Its shares closed the day
In this article INTU MTCH AMD ABNB Follow your favorite stocksCREATE FREE ACCOUNT The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in extended trading. Airbnb — The lodging stock
In 2018, I started experimenting with side hustles to pay off my $40,000 of debt in credit cards and student loans. Today, I’ve accomplished that goal — and more. In 2021, I built enough income streams to quit my $98,500-per-year engineering job and work on my businesses full-time. At 28 years old, I am my
The U.S. Treasury Department in Washington. Al Drago/Bloomberg via Getty Images Investors purchased Series I bonds in record numbers from the U.S. Department of the Treasury on Friday, just beating a key deadline to lock in a historically high rate of return. I bonds are a nearly risk-free asset tied to the rate of inflation.
Source: CNBC Standing at one of the five cooking islands in his kitchen, Mick Kittredge rattles off the outsized statistics for his newly listed home. Over 60 acres. Nearly 120,000 square feet of living and recreation space. A total of 14 fireplaces, 25 bathrooms, 16 bedrooms and four tennis courts. The western Massachusetts estate is
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Advanced Micro Devices shares rose as much as 6% in extended trading on Tuesday after the chipmaker indicated that it’s looking for the server chip business to grow in the quarters ahead, even as earnings and quarterly guidance failed to meet Wall Street’s expectations. Here’s
In this article IT DECK JNJ ABMD PFE GT FDS Follow your favorite stocksCREATE FREE ACCOUNT A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock price, which is down nearly 50