In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit for its fiscal second quarter, boosted by a 61% revenue
Month: August 2023
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability. The company reported overall net operating
In this article TSLX Follow your favorite stocksCREATE FREE ACCOUNT Traders on the floor of the NYSE, August 29, 2023. Source: NYSE The drought in the IPO market could be near an end, according to a big investor overseeing more than $70 billion. Alan Waxman, the CEO and co-founder of Sixth Street, believes we’re in
Some kids gain confidence from report cards and gold medals. Dallas Mavericks owner Mark Cuban built his by dancing. His mother taught him after the 12-year-old Cuban chipped his two front teeth and was forced to wear “silver stainless steel” caps, he told NBC’s “TODAY” last year. “I was a little short chubby kid [and] my
(Click here to subscribe to the Delivering Alpha newsletter.) “It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder David Rubenstein recently said in an interview for a CNBC podcast. Historically, that purported upside has only been enjoyed by the wealthiest of the wealthy. But most major U.S. sport leagues have – just within the last
Source: Envato Elements Job openings and layoffs dropped slightly for another consecutive month in July, according to government data released on Tuesday. That slowdown is a sign the labor market is getting back to pre-pandemic patterns, economists say. The number of job openings edged down to 8.8 million in July, dropping from 9.58 million in June, reported
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks’ iced pumpkin cream chai tea latte. Source: Starbucks In most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is already here. Halloween candy and pumpkin spice lattes used to wait until after Labor Day
In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric-vehicle maker Polestar on Thursday reiterated that it still expects to deliver at least 60,000 EVs in 2023, with a
Srdjanpav | E+ | Getty Images Interest will start accumulating on student loans again starting Sept. 1, following a pause on interest accrual that has lasted for more than three years during the pandemic era. That imminent policy change puts a spotlight on a key difference between two types of student debt: subsidized and unsubsidized
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Whenever you’re traveling somewhere by plane, you have to pack, get to the airport, go through security, find your gate and — in the last step before you can finally relax while being taken to your destination —board the aircraft. “Boarding is one of the
Key Findings Pillar Two, an international tax agreement, is intended to incentivize countries to set corporate income tax rates at 15 percent or higher. This agreement threatens the U.S. tax base in two ways: potential lost revenue and limitations on Congress’s ability to set its own tax policy. We analyze the revenue effects of other
An estimated 48 million Americans are caring for someone over the age of 18. Many of them are family members caring for an elderly parent or older relative — and the value of that unpaid care is estimated at about $600 billion dollars a year, according to a recent report by AARP. Daphne Taylor, Debbie
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