In this article MU Follow your favorite stocksCREATE FREE ACCOUNT The Micron Technology headquarters in Boise, Idaho, on March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Shares of Micron popped more than 14% in extended trading on Wednesday after the company announced second-quarter fiscal 2024 results that beat analysts and offered rosy guidance.
A jogger runs by the U.S. Capitol as the deadline to avert a partial government shutdown approaches at the end of the day on Capitol Hill in Washington, U.S., September 30, 2023. Ken Cedeno | Reuters BEIJING — The U.S. Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that greater
A person plays lottery at a 7-eleven store as Mega Millions jackpot reaches $ 1 billion 580 million, in Redwood City, California, United States on August 8, 2023. Tayfun Coskun | Anadolu Agency | Getty Images The Mega Millions jackpot jumped to an estimated $977 million — the game’s sixth-largest prize — without a winner
A landmark class-action lawsuit may change the way Americans buy and sell homes. The National Association of Realtors agreed to a $418 million settlement last week in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of
Michael Jordan’s game-worn Air Jordan 11s. Worn during Game 5 of the 1996 NBA Finals. Photo: Sotheby’s Sotheby’s is increasing its sports offerings, as the auction house looks to capitalize on the growing demand for sports memorabilia and draw in a younger demographic. The company on Wednesday announced its first “Sports Week,” which will include
The Bank of England in the City of London, after figures showed Britain’s economy slipped into a recession at the end of 2023. Yui Mok | Pa Images | Getty Images LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when
A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023. Bloomberg | Getty Images Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining
Woman shopping for groceries in Brooklyn, NY, on September 15, 2023. Paola Chapdelaine | The Washington Post | Getty Images A recession that was in the forecast for 2023 never came to fruition. That has led to optimism that the Federal Reserve can reduce inflation and slow the economy without a recession, in what is
The strong economic recovery since the pandemic started has been good for almost everyone. Nonfinancial corporations are no exception. They have been raking in high profits and using those mainly to pay dividends to their shareholders and building up their stockpiles of cash. Investments in new buildings, computers, car parks and other equipment are at
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024. Joe Raedle | Getty Images JetBlue Airways told staff on Tuesday that it is culling a host of routes, making it the carrier’s
A photovoltaic module company in Hefei, Anhui province, on Feb. 20, 2024. Future Publishing | Future Publishing | Getty Images BEIJING — Trade tensions between Europe and Beijing will likely escalate due to China’s growing ability to manufacture more cheaply in strategic industries, according to Jens Eskelund, president of the European Union Chamber of Commerce
The Good Brigade | Digitalvision | Getty Images Over the last few years, the Biden administration has repeatedly announced that it was forgiving student debt for small groups of qualifying borrowers. So far, it has canceled the loans for almost 3.9 million people, totaling $138 billion in relief. Those who haven’t qualified for the aid
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor Nelson Peltz. Lucas, who received 37.1 million Disney shares as part of Disney’s $4.05 billion purchase of Lucasfilm
Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said that fees on its flagship product will come down over time, after its outflows reached $12 billion. Grayscale CEO Michael Sonnenshein said that
Martin-dm | E+ | Getty Images Millions of Americans are scrambling to file returns as the federal tax deadline approaches. But U.S. expatriates have extra filing rules — and the burden is making some expats question their American citizenship. Nearly one-third of U.S. expats have plans to renounce their American citizenship or are “seriously considering
red_moon_rise The rules around claiming Social Security benefits are full of caveats and nuances. Among them is a valuable quirk for certain divorced spouses: In many cases, the monthly Social Security benefit you can claim based on a former spouse’s work history essentially doubles when they die. “Your ex is worth twice as much dead
Remember the fall of 2022? No matter when you turned on the TV, you saw a former NFL player or celebrity pitching Medicare Advantage. Just call the number on your screen to get all the benefits you deserve. It seemed as though those commercials were everywhere. Maybe that’s because they were. According to KFF, there
In this article JWN MS Follow your favorite stocksCREATE FREE ACCOUNT Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom shares jumped more than 10% on Tuesday following a report that the department store chain is attempting
In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT The forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as merger activity — a key potential lifeline — has slowed to a trickle. As the memory of last year’s regional banking crisis begins to fade, it’s easy
In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT A Ferrari is parked outside the New York Stock Exchange in celebration of Ferrari’s initial public offering in New York City on Oct. 21, 2015. Andrew Burton | Getty Images Ferrari CEO Benedetto Vigna promised on Tuesday that the luxury carmaker’s new electric vehicle will