In this article CMG SBUX Follow your favorite stocksCREATE FREE ACCOUNT Chipotle stock fell as much as 10% on Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks. The stock closed down 7% for the day. Niccol began as Chipotle CEO in March
Month: August 2024
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global — the
Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession. Global equities saw sharp sell-offs last week
Pascal Broze | Onoky | Getty Images As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey of 2,000 adults from Affirm. While Goldman Sachs
2024 Gas Taxes in Europe | Fuel Tax Rates: Gas & Diesel Skip to content Table of Contents Fuel taxes continue to be a central policy consideration for European countries amid supply chain disruptions related to the Russo-Ukraine war, increased emphasis on environmental policy, and deteriorating economic conditions felt by average consumers. The European Union
New houses are seen for sale at Woodland Village, built by Lifestyle Homes housing developer, in Cold Springs, Nevada. Andri Tambunan | AFP | Getty Images It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications to refinance a home
A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Just like Wall Street, Home Depot is closely watching the Federal Reserve’s next move. In an interview with CNBC, Chief Financial Officer Richard McPhail said homeowners have postponed moving
In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023. Nurphoto | Nurphoto | Getty Images Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated. Here’s how Tencent did in the
Jj Gouin | Istock | Getty Images Most Americans rank Social Security as “one of the top” issues or a “very important” issue determining who they will vote for in the upcoming U.S. presidential election, according to a new CNBC poll. Social Security reform is also a top concern, according to a separate survey from
In this article SBUX CMG Follow your favorite stocksCREATE FREE ACCOUNT Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol as the coffee chain tries to reverse a sales slump, sending its stock soaring more than 20%. Chipotle’s stock fell over 10% on the news that Niccol would leave after a
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT The Home Depot logo is seen in Florida Keys, United States on May 7, 2024. Jakub Porzycki | Nurphoto | Getty Images Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year
U.S. Vice President Kamala Harris and Republican presidential nominee and former U.S. President Donald Trump. Brendan Mcdermid | Elizabeth Frantz | Reuters Former President Donald Trump and Vice President Kamala Harris both want to end taxes on tips — and some policy experts have already criticized the idea. Harris expressed support for tax-free tips at a
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