In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on
Month: January 2024
In this article ALK BA Follow your favorite stocksCREATE FREE ACCOUNT Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Patrick T. Fallon | AFP | Getty Images Alaska Airlines said Thursday
The headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt, Germany. FRANK RUMPENHORST | DPA | Getty Images Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher interest rates feeds into the economy, according to the president of the country’s regulator. The
A Hamptons estate that once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 million. The four-acre estate in Southampton, New York, known as La Dune, was sold by Concierge Auctions at a starting bid of $66 million. The property was sold in two parts — one house sold
The U.S. Department of Education says it plans to update a key part of the new Free Application for Federal Student Aid formula, which will result in $1.8 billion more in aid for college-bound students this year. The announcement comes weeks after the simplified FAFSA soft launched Dec. 30 after a monthslong delay. Since then, the 2024-25 form
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, president of National Amusements and Vice Chairman, CBS and Viacom speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019. Mike Blake | Reuters David Ellison’s Skydance Media and its financial backers are exploring a deal to take private
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023. Prakash Singh | Bloomberg | Getty Images IBM shares rose as much as 8% in extended trading Wednesday after the tech and services provider announced fourth-quarter results
BEIJING, CHINA – NOVEMBER 08: Pan Gongsheng, governor of the People’s Bank of China and head of the State Administration of Foreign Exchange, speaks during the Annual Conference of Financial Street Forum 2023 on November 8, 2023 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images BEIJING
U.S. President Joe Biden talks to reporters as he departs the White House on June 28, 2023 in Washington, DC. Chip Somodevilla | Getty Images The Supreme Court’s conservative majority in June ruled that President Joe Biden didn’t have the authority to cancel student debt for millions of Americans. He’s still trying. In what one
In response to the current inflationary environment, the Internal Revenue Service announced a modest increase in the maximum contribution limits for 401(k)s and Individual Retirement Accounts for 2024. This year, 401(k) savers can contribute a maximum of $23,000, marking an increase of over 2% from the $22,500 limit set for 2023. The new contribution limit,
President Joe Biden celebrates with United Auto Workers President Shawn Fain after Fain and the UAW endorsed Biden for president at a Community Action Program legislative conference in Washington, Jan. 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, UAW President Shawn Fain announced
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy) in Rome, Italy, on Dec. 15, 2023. Antonio Masiello | Getty Images Tesla reported revenue and profit for the fourth quarter that missed analysts’ estimates as automotive
Swedish buy now, pay later firm Klarna unveils a $7.99 monthly subscription plan called Klarna Plus Courtesy: Klarna Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead of an expected initial public offering this year, the company told CNBC. The product is set to
U.S. Treasury Secretary Janet Yellen speaks at the International Brotherhood of Electrical Workers 357 union hall in Las Vegas on Aug. 14, 2023. Ronda Churchill | Bloomberg | Getty Images With the opening of tax season only days away, the IRS has unveiled a plan to simplify the millions of complicated notices sent to taxpayers
Brand X Pictures | Stockbyte | Getty Images When faced with an unexpected $1,000 expense, more than one-third of Americans would borrow the money, according to a new Bankrate survey. That may include tapping their credit cards, seeking money from friends or family or taking out a personal loan. Most would not turn to cash
Many workers approaching retirement today haven’t saved enough for the retirement of their dreams. But that doesn’t need to be a bummer: You can take charge of the rest of your life by informing yourself and taking appropriate action steps. Let’s start by looking at the average benefits today’s pre-retirees might expect. Most Pre-Retirees Will
In this article CVS TSN Follow your favorite stocksCREATE FREE ACCOUNT Tyson Foods Inc., sign at Tyson headquarters in Springdale, Ark. April L. Brown | AP Tyson Foods will become one of the first Fortune 100 companies to stop using the nation’s traditional large pharmacy benefits managers, as it looks to cut spending on high-cost
An employee works in an office at the SAP SE campus in Walldorf, Germany. Bloomberg | Getty Images Shares of German software company SAP jumped to an all-time high in early deals Wednesday after the company released its latest financial results and announced plans to restructure 8,000 jobs in a push toward artificial intelligence growth.
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday. The announcement came as the Israeli bourse announced the pricing of
Kate_sept2004 | E+ | Getty Images House lawmakers on Friday advanced a $78 billion bipartisan tax package, which includes temporary child tax credit changes that could affect millions of families this filing season. The plan temporarily expands access to the child tax credit with retroactive changes. If it is enacted, eligible families could see an
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