Hero Images | Hero Images | Getty Images College advocates breathed a sigh of relief when the U.S. Department of Education said the Trump Administration’s “federal funding freeze“ would not affect federal Pell Grants and student loans. Nearly 75% of all undergraduates receive some type of financial aid, according to the National Center for Education Statistics. About 40%
Month: February 2025
San Francisco 49ers quarterback Brock Purdy, the last pick in the 2022 National Football League draft, has become synonymous with flaws in NFL player evaluation. The team’s president, Al Guido, hopes his organization can lean on artificial intelligence to improve talent assessment, both for football and for soccer. Purdy, who led the 49ers to the
In this article PINS Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19.1% after the company beat Wall Street’s fourth-quarter sales estimates and showed robust user growth from a year ago. The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts
Hispanolistic | E+ | Getty Images Tax season has kicked off, and the IRS has issued roughly 3.2 million refunds this year as of Jan. 31, the agency reported. This represents current-year returns filed. The average refund was $1,928 over the first four days of the filing season. However, the IRS expects more than 140
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back
In this article ELF EL ULTA COTY Follow your favorite stocksCREATE FREE ACCOUNT An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City. Spencer Platt | Getty Images Several beauty stocks posted major losses this week, as companies such as E.l.f. Beauty
Coroimage | Moment | Getty Images Many workers value remote work to such a degree that they’d take a pay cut to be able to work from home, even on a part-time basis, studies show. The prevalence of remote work ballooned during the Covid-19 pandemic. Many experienced telework perhaps for the first time in their
Freshsplash | E+ | Getty Images Despite the Federal Reserve‘s recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may not be a win for consumers. Senators Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Finance Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 29, 2025. Evelyn Hockstein | Reuters Americans’ credit card balances soared to a record $1.17 trillion in 2024 — and even the wealthy are
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT NEW ORLEANS, LOUISIANA – FEBRUARY 03: A detailed view of drink koozies seen during an event ahead of Super Bowl LIX at Caesars Superdome on February 03, 2025 in New Orleans, Louisiana. (Photo by Jonathan Bachman/Getty Images) Jonathan Bachman | Getty Images Sport | Getty
In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares jumped 22% on Friday after
Huawei launched the Mate 70 series in an event in Shenzhen on November 26, 2024. The phones are the first capable of running Huawei’s new operating system called HarmonyOS NEXT. Huawei BEIJING — Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restricting the company’s access to
Oleh_slobodeniuk | E+ | Getty Images With tariffs ramping up, the prices on some everyday items will rise as well. That is weighing heavily on American consumers. A recent consumer survey found that 86% of Americans expect price hikes from higher tariffs; and many already have a strategy to cushion the blow. Faced with higher
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art,
In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected fiscal second-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 23 cents vs. an expected loss
Being part of the “sandwich generation”—adults caught between raising their own children and caring for aging parents—can feel like an endless financial and emotional marathon. Many middle-aged adults are juggling mortgages, college tuition for their kids, and the stunning costs of elder care, not covered by Medicare. The weight of these responsibilities can lead to
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter
A truck drives past shipping containers at the Port of Philadelphia, Nov. 6, 2024. Bloomberg | Bloomberg | Getty Images As President Donald Trump begins imposing tariffs on imported goods, some experts question his revenue expectations — including the possibility of replacing the federal income tax. During his presidential campaign, Trump floated an “all tariff
General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY Sports The National Collegiate Athletic Association on Thursday updated its transgender student-athlete policy to prohibit trans women from competing in women’s sports, one day after President Donald Trump signed an executive order stating the federal
Amazon shares fell roughly 4% on Thursday evening despite the e-commerce and cloud giant reporting a stronger-than-expected fourth quarter after the closing bell. The market participants during extended trading took issue with a first-quarter 2025 forecast that missed estimates and a larger-than-expected capital expenditure plan. However, we don’t see either item as thesis-changing. Revenue increased
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