In this article ABT Follow your favorite stocksCREATE FREE ACCOUNT The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022. Jeff Kowalsky | AFP | Getty Images Shares of Abbott Laboratories popped Wednesday after the company’s earnings and revenue topped Wall Street’s expectations, defying a dramatic slowdown in sales of its Covid-19 tests. The
Month: April 2023
A home in Lynch, Kentucky. Scott Olson | Getty Images The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch for “small-town America,” according to veteran strategist David Roche. The collapse of Silicon Valley Bank and two other small U.S. lenders last month triggered contagion
Caiaimage/chris Ryan | Istock | Getty Images While U.S. voters are divided on many issues today, there are at least two where they can agree: They want a stronger economy and better education. The good news for policymakers is that there is a simple way to make voters happier on both fronts: They can increase
Danny Werfel, commissioner of the Internal Revenue Service (IRS), speaks during a Senate Finance Committee hearing in Washington, DC, on Wednesday, April 19, 2023. Al Drago | Bloomberg | Getty Images As tax season winds down, questions remain about the future of free filing options from the IRS — including a possible direct e-file option
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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT D3sign | Moment | Getty Images The returns savers stand to get on their money are the highest they’ve been in 15 years, thanks in part to stubborn inflation, which pushed the Federal Reserve into hiking interest rates over the past year. Top-yielding online savings account rates are
Demonstrators rally in support of abortion rights at the US Supreme Court in Washington, DC, April 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Supreme Court Justice Samuel Alito on Wednesday issued an order allowing the abortion pill mifepristone to remain on the market without restrictions until at least Friday. Alito’s decision punts a
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM Chairman and CEO Arvind Krishna appears on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM issued stronger-than-expected first-quarter earnings on Wednesday even as the technology and consulting company reported
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Monday. Abbott Laboratories — The medical device company jumped 7.8% following its earnings report. Abbott reported $1.03 earnings
So much for cheap tickets selling out first. The priciest tickets to attend Singapore’s Formula One race this year are gone, despite being priced at an all-time high of 11,016 Singapore dollars ($8,260) for a three-day pass. Tickets for the “Paddock Club” entitle ticketholders to air-conditioned suites, unlimited Champagne, food and live performances, plus “exclusive
The outlook for newly minted graduates doesn’t look as good as it once did. Employers plan to hire about 4% more new college graduates from this year’s class than they hired from the Class of 2022, according to a report from the National Association of Colleges and Employers. However, that’s down significantly from earlier projections:
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT ESPN Mike Windle | ESPN | Getty Images ESPN will begin layoffs early next week as part of parent company Disney‘s cost cutting efforts, according to people familiar with the matter. Cuts will include some on-air talent and management, said the people, who asked not
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