Month: August 2023

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT A scene from the “Barbie” movie. Courtesy: Warner Bros. “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected
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From across the globe, spanning a diverse range of applications in finance — these are the world’s top 200 fintech companies. Together, CNBC and independent market research firm Statista worked to compile a comprehensive list of companies building innovative, tech-enabled and finance-related products and services. The partnership set out to list the top fintech companies
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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway on Saturday reported a solid increase in second-quarter operating earnings, while the cash hoard at Warren Buffett‘s conglomerate swelled to nearly $150 billion. The
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In its July 2023 Market Update, Midtown-based brokerage Elegran described the Manhattan and Brooklyn markets as “neutral, where neither buyers nor sellers have a significant advantage.” While decreasing supply and a sharp decline in median listing discounts may point toward a seller’s market, a retreating demand and median price per square foot favor buyers. Just
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Peopleimages | E+ | Getty Images The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and individual wealth. But is the system falling short in its primary goal of achieving a secure retirement for all Americans? related investing news Fitch downgrade of long-term U.S. debt
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In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced Friday, and restructuring to focus more on its spacecraft engine business, which will delay progress on the small rocket it has been developing. Astra is
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In this article OPEN TUP FTNT Follow your favorite stocksCREATE FREE ACCOUNT An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier |
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Lucigerma | Istock | Getty Images Predictions that a recession may be looming for the U.S. economy have so far not come to fruition. Now, some experts are backing off the prediction altogether, including Federal Reserve staff economists. “What’s out: Mild recession,” states new economic research released by Bank of America this week. “What’s in:
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With the introduction of the SECURE Act 2.0, various shifts are in motion, and one particular change will significantly affect individuals seeking to enhance their 401(k) contributions, particularly as retirement nears. Starting in January 2024, high-income taxpayers (those with earnings in excess of $145,000) wanting to make catch-up contributions to traditional retirement accounts will have
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In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Shares of electric truck maker Nikola fell more than 24% Friday after a complicated second-quarter report, news of a CEO departure and shareholder approval to issue new stock. Nikola said Friday its CEO, Michael Lohscheller, will step down effective immediately
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VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023.  Jose Luis Gonzalez | Reuters Virgin Galactic reported second-quarter losses on Tuesday that were slightly wider the year-ago period, as the space
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