Fotostorm | E+ | Getty Images For a rising share of car owners, monthly auto loan payments appear to be evolving into a problem. While borrowers who are behind on their payments by more than 60 days represent a tiny portion of all outstanding auto loans — 1.84% — their ranks are growing, according to
Month: February 2023
In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom surged Friday morning after activist investor and meme stock maven Ryan Cohen bought a major stake in the high-end
In this article PENN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | AFP | Getty Images Shares of India’s Adani Enterprises have plummeted over the past week, after the publication of an extensive critical report from U.S. short-seller Hindenburg Research. Some big international players have
Mark Cuban built his fortune in the tech world. That doesn’t mean he worships Silicon Valley. The billionaire star of ABC’s “Shark Tank” makes a conscious effort to keep his investments outside of the California tech hub, he told Bill Maher on a recent episode of the “Club Random” podcast. California has higher taxes and
Thomas Barwick | Digitalvision | Getty Images American workers are in the throes of a historic job market, characterized by low unemployment and layoffs, relatively fast-rising wages and a high degree of job-seeker confidence. Job trends in recent months reveal “a juggernaut” of a labor market, said Nick Bunker, head of economic research at the
Microsoft is looking to strike a major blow against Google with it’s investment in OpenAI. #US #Tech #Artificial Intelligence #AI #Cloud #Stocks #Equities #Investing #Trading, #MSFT #GOOGL #ORCL #VMW #PANW #ADBE
In this article F GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm shares fell 2% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue than analysts had predicted and issued weak quarterly guidance. Here’s how the company did: Earnings: $2.37 per share, adjusted,
In this article SBUX JWN AMZN AAPL GOOGL F Follow your favorite stocksCREATE FREE ACCOUNT Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trading. Amazon – The e-commerce giant’s stock tumbled 8.4% despite
dmphoto | E+ | Getty Images Tax season is underway, and there’s been increased scrutiny of the IRS as it starts deploying part of the nearly $80 billion in funding approved for the agency by Congress in August. While Treasury Secretary Janet Yellen has said goals include boosting customer service and improving technology, critics have
Shapecharge | E+ | Getty Images As of this year, people new to Medicare won’t face big delays in coverage — an unenviable situation that some beneficiaries used to find themselves in. Thanks to legislation passed in late 2020, months-long delays in certain Medicare enrollment circumstances are now eliminated. Additionally, individuals who missed signing up
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