Month: June 2022

In this article GME HPE MDB MSFT Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading Thursday. Microsoft — Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft
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Chase Coleman, founder of Tiger Global Management LLC Amanda L. Gordon | Bloomberg | Getty Images Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund’s tough 2022 even worse. The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its 2022 losses to over
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JGI/Jamie Grill The Covid-19 pandemic really highlighted how financially troubled our society is. Debt levels are extremely high, bankruptcies are commonplace and many Americans are living paycheck to paycheck. Today’s adults are suffering and may be setting the next generation up for trouble, as well. Tackling the financial literacy crisis in America begins in the
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Professionalstudioimages | Istock | Getty Images The clock is ticking for Congress when it comes to shoring up the Social Security trust funds, according to an annual report released on Thursday by the program’s trustees. Both Social Security and Medicare face long-term financing shortfalls, due to the fact that those programs will grow faster than
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Netflix co-founder Marc Randolph says the “most dispensed advice in the history of mankind” might also be the worst. At Cape Cod Community College’s recent commencement ceremony, Randolph told the class of 2022 that three common graduation speech words — “follow your dreams” — constitute “terrible advice.” “It’s not the advice itself that’s bad,” Randolph,
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Jose Luis Pelaez Inc | DigitalVision | Getty Images There’s a decent chance you don’t have a good handle on how much your subscriptions are really costing you. Consumers’ offhand guess of how much they spend monthly on subscriptions averaged $86, according to a survey commissioned by market research firm C+R Research. Yet when asked
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