In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon reported third-quarter earnings and revenue on Thursday that sailed past analysts’ estimates. The stock climbed in extended trading. Here are the results: Earnings per share: 94 cents per share vs. 58 cents per share expected by LSEG, formerly known as Refinitiv. Revenue: $143.1 billion
Month: October 2023
Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city’s main commercial and tourist area, in Shanghai, China, on Sept. 30, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third
In this article T-CA Follow your favorite stocksCREATE FREE ACCOUNT Nicoletaionescu | Istock | Getty Images Workers’ biggest financial concern is still keeping up with rising costs, more than one year after inflation peaked at a new 40-year high, according to a new report from Telus Health. Those money woes may have a connection to
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 3.2% starting in January 2024, far less than the previous two years’ 5.9% and 8.7%, for 2022 and 2023 respectively, but not surprising considering the reduction in inflation over the past two years. Recall that the headline Consumer Price Index
House Ways & Means Committee Chair Jason Smith (R-MO) has questioned the tax-exempt status of universities that, in his opinion, are anti-Israel. Whatever your views on the Middle East, Smith is swimming in very dangerous waters. There are serious questions about the tax treatment of colleges and universities. But do we want to see their
Representatives from more than 30 retailers joined a major industry lobbying group on Capitol Hill on Thursday, as they ramped up pressure to pass a law that backers say will curb retail theft. The National Retail Federation escalated its campaign to rally support for the bill, known as the Combating Organized Retail Crime Act, which
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares rose about 7% in after-hours trading after the company reported third-quarter earnings on Thursday that beat expectations for profit and sales, even
An Xpeng G9 electric vehicle at the Xpeng pavilion in the Open Space area during the Munich Motor Show (IAA) in Munich, Germany, on Sept. 5, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car company Xpeng said this week it plans to roll out driver-assist technology in Europe by the end
Morgan Stanley (MS) has finally named a successor to longtime CEO James Gorman — removing a big question mark for investors like us. Ted Pick, a 33-year banking vet who has served as co-president of Morgan Stanley for the last two years, will succeed Gorman on Jan. 1, according to Wednesday’s announcement . Pick was
Insta_photos | Istock | Getty Images Inheriting an individual retirement account can be a welcome surprise. But the gift comes with mandatory withdrawals for heirs and following the rules can be difficult, experts say. According to the Secure Act of 2019, certain heirs now have less time to deplete inherited accounts due to a change
In this article NRDS Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Both retail credit cards and buy now, pay later programs can offer opportunities to spread out payments for high-priced purchases, especially during the year-end holiday shopping season. Buy now, pay later, or BNPL, is like a new form of old-school layaway plans, except
By Barbra Williams Cosentino, Next Avenue The only time I was ever aware of shopping compulsively was at the beginning of the pandemic, when everyone I knew was frantically stocking up on toilet paper, hand sanitizer and Clorox CLX cleanser. Masked and morose, I’d head to the nearest drugstore, join the line of anxious shoppers,
Seems like everything becomes a tax story eventually and so it goes with the colorful controversial Jack H Owoc and his Vital Pharmaceuticals best known for its Bang Energy line of drinks. There has been controversy about the Pepsi distribution deal, what exactly is it that goes into those drinks, the massive lawsuit by Monster
The pattern shows up in many areas of the country: development activity fills in between two metropolitan areas, typically along one or more highways that connect them. Orlando to Tampa along I-4 is another prime example, and there are dozens more around the country. From New Braunfels to San Marcos, as well as closer-in suburbs,
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Comcast Xfinity cable television installation truck parked on a street in front of a suburban home, San Ramon, California, May 17, 2018. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/Gado | Archive Photos | Getty Images Comcast has tried to move investors away from focusing on
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT A general view of the “SUPER NINTENDO WORLD” entrance at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Comcast topped both revenue and profit estimates in the third quarter, but the largest U.S.
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision. The ECB ended its run of rate hikes on Thursday after 10 consecutive
President Donald Trump and Foxconn Chairman Terry Gou (R) tour a Foxconn facility at the Wisconsin Valley Science and Technology Park on June 28, 2018, in Mount Pleasant, Wisconsin. Brendan Smailowski | AFP | Getty Images More than 11% of the world’s more than 2,000 billionaires have run for election or become politicians, according to
Hoozone | E+ | Getty Images Health savings accounts have powerful tax benefits that make them an efficient way to save for future medical costs. But to harness their full potential, HSA funds must be used for qualified medical expenses. There’s a long list of qualifying costs — from artificial limbs to birth control pills,
By Nancy Collamer, Next Avenue My husband and I sold our Connecticut home in the fall of 2020. At the time, our plan was to rent a cottage in Bucks County, Pennsylvania, while searching for a charming country home. Alas, we moved during the height of the pandemic, when finding a decent rental was nearly
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