A Social Security Administration office in Sebring, Florida. Jeff Greenberg | Universal Images Group | Getty Images Those who sought help from their local Social Security Administration office recently may have been met with a new challenge — long outside lines in the summer heat. That prompted congressional lawmakers to write to the federal agency
Month: September 2022
Topline The stock market fell in volatile trading on Tuesday, adding to sharp losses in recent weeks as investors assessed the latest round of better-than-expected economic data, which points to more aggressive interest rate hikes from the Federal Reserve. Key Facts The Dow Jones Industrial Average was down 0.6%, nearly 200 points, while the S&P
As Franklin D. Roosevelt took the oath of office on March 4, 1933, the United States was struggling through the darkest days of the Great Depression. A quarter of the nation’s workers were unemployed, the banking system was nearing collapse, and economic activity had dropped to roughly a third of its 1929 level. The FDR
In this article BBBY A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Shares of Bed Bath & Beyond were down Tuesday after the struggling retailer’s chief financial officer died over the weekend. The stock was down more than 15% as investors weighed the company’s
In this article CVS SGFY CVS Health has reached a deal to acquire in-home health-care company Signify Health for about $8 billion, the companies said Monday. CVS said it will pay $30.50 a share in cash for Signify, an acquisition that would build on its growing health-care services. Signify offers patient care through virtual and
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments: Oscillator says market still oversold Our trades on DVN and CRM Quick mentions: HON and LLY Watching these bullpen stocks 1. Oscillator says market still oversold Stocks were in the
In this article DWAC The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year. Leon Neal | Getty Images Digital World Acquisition Corp. adjourned its shareholder meeting after two minutes on Tuesday and said it will continue counting votes on whether
Reagan National Airport near Washington D.C. Leslie Josephs | CNBC The rocky summer travel season ended on a high note during Labor Day weekend with a surge in air travelers and relatively smooth operations across the U.S., according to data released on Tuesday. The Transportation Security Administration screened nearly 8.76 million people from Friday through
In this article BBBY Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond on Tuesday said it tapped its chief accounting officer, Laura Crossen, as interim finance chief after CFO Gustavo Arnal died Friday. Crossen, who took over the role as of
In this article WBD Producer Dan Lin attends the premiere Of Warner Bros. Pictures’ “The LEGO Batman Movie” at Regency Village Theatre on February 4, 2017 in Westwood, California. Todd Williamson | Getty Images Entertainment | Getty Images Movie producer Dan Lin, who had been in talks to become head of Warner Bros. Discovery‘s DC
In this article JWN Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday slashed its financial forecast for the full year as the department store chain faces a glut of inventory and slowing demand. The retailer’s lowered forecast came even
In this article SNOW Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday after the company released second-quarter earnings that beat analysts’ revenue expectations. Here’s how the company did: EPS: Loss
Marc Benioff, co-founder and co-CEO of Salesforce, speaks at the TIME100 Gala on June 8, 2022, in New York. Kevin Mazur | Getty Images Salesforce reported earnings and revenue that topped analysts’ estimates but gave a disappointing forecast for fiscal 2023. The stock slid 7% in extended trading on Wednesday. The enterprise software maker said
In this article NVDA Nvidia reported second quarter earnings that missed Wall Street expectations for revenue and earnings per share. The report is in line with Nvidia’s preliminary earnings two weeks ago. The chipmaker warned that it would miss Wall Street estimates and that growth had slowed significantly because of disappointing gaming sales driven by
In this article GPS An employee hands a customer a shopping bag at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. on Thursday withdrew its financial outlook for the year after it swung to a net loss in the fiscal second quarter and its Old Navy
In this article PTON In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and strategic
In this article BBY Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Tuesday said sales dropped by about 13% in the fiscal second quarter, as the retailer felt a pullback from inflation-weary shoppers. Shares closed the day at $74.89, up 1.61%, after
Russia’s Gazprom saw its shares surge on Wednesday after reporting bumper first-half profits and announcing a new dividend to shareholders. Stoyan Vassev | Press service of Gazprom Neft | via Reuters Russian gas giant Gazprom posted a record first-half profit and promised new dividends to shareholders, sending its shares soaring more than 27% in early
The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news for the “buy now, pay later” pioneer. The Swedish payments firm generated revenues of 9.1 billion Swedish krona ($950 million) in
In this article LULU Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales. The company also raised its outlook for the year. Shares
- « Previous Page
- 1
- …
- 19
- 20
- 21
- 22
- 23
- …
- 26
- Next Page »