Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Just when it seemed more Americans were inspired by the ideas of “underconsumptioncore” and “conscious consumerism,” which aim to put a lid on social media-related overspending, the back-to-school shopping season
Month: August 2024
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT A JPMorgan Chase Bank location in Blaine, Minnesota. Michael Siluk | Universal Images Group | Getty Images Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reaching more
Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm’s backlog of projects overshadowed its better-than-expected quarterly results. Revenue in its fiscal 2025 first-quarter rose 50% year over year to $719.9 million, far ahead of the $617.5 million expected by analysts, according to LSEG. Adjusted earnings per share (EPS) also
Ironheart | Moment | Getty Images The summer travel season is in full swing, often bringing more flight delays and cancellations. But travelers may be out of luck when it comes to reimbursement for such disruptions, depending on the root cause and specific airline policy, experts said. “In general, in the U.S. airlines aren’t really
Westend61 | Getty Images Amid stock market volatility, it’s critical to avoid emotional moves that could stunt long-term portfolio growth, financial experts say. U.S. stocks on Monday plunged as part of a global sell-off fueled by U.S. recession fears. The U.S. dip followed a more than 12% drop for Japan’s Nikkei 225, its biggest one-day loss
In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Super Duty F-350 Limited Ford DETROIT — A once “dirty” word, and business, in the automotive industry has become a multibillion-dollar battleground for U.S. automakers, led by Ford Motor. The Dearborn, Michigan-based automaker has turned its fleet business, which includes sales to commercial,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple The topic of greatest interest to analysts on Apple’s quarterly earnings call on Thursday was a product that’s not even available to the general public yet. Apple Intelligence, the
Austan Goolsbee, speaking at Jackson Hole, August 8, 2023. David A. Grogan | CNBC Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now. Asked whether weakening in the labor market and manufacturing
In this article BRK.A AAPL Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half,
A voter fills out a ballot at a polling station on Election Day in Falls Church, Virginia, U.S., November 7, 2023. Kevin Lamarque | Reuters When it comes to the November election, there is one issue that is at the top of voters’ wish lists: Social Security. Despite political division, most Americans — 87% —
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — Tadge Juechter’s first “taste” of Corvette working at General Motors was to research whether there were enough Americans who could afford a new high-performance model of the famed sports car, known as the ZR1,
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain and
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