In this article FB Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters Facebook is set to release its third-quarter earnings after the bell Monday, as the company reckons with an onslaught of troubling news coverage from a trove of internal documents released by a whistleblower. Here’s what analysts are expecting: Earnings: $3.19 per share
Traders work on the floor of the New York Stock Exchange (NYSE), September 22, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Monday as investors await a slew of major technology earnings with the broader market at a record high. Dow futures rose just 20 points. S&P 500 futures
d3sign | Moment | Getty Images Democrats on Capitol Hill are reducing the total price tag for their social spending plan as they work to get it across the finish line in the coming days. One casualty is the duration of paid family leave. President Joe Biden had proposed federal 12-week paid family and medical
On May 4th, Gov. Jay Inslee (D) signed legislation creating a 7 percent capital gains tax, to take effect next year. On November 2nd, Washington lawmakers will learn what voters think about it. Although the ballot measure asking voters to recommend on retaining or repealing the new tax is purely advisory, this gauge of voter
In this article TSLA The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images The SPAC stock linked to Donald Trump’s planned social media platform sharply dropped in price Monday afternoon after booking huge gains last week following news that it would merge with
In this article QSR-CA A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Monday reported quarterly earnings that topped Wall Street’s expectations, but its revenue fell short as labor challenges weighed on sales. Shares of the company rose less than 1% in premarket trading.
In this article TSLA PYPL PINS Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. PayPal, Pinterest – Shares of PayPal climbed more than 3% as Pinterest shares tumbled more than 12% after
Over the summer, a group of “crypto fans” pooled their money in order to collectively make a seven-figure investment: The group secretly bought the sole existing copy of the album “Once Upon a Time in Shaolin” by the Wu-Tang Clan for a whopping $4 million. But it wasn’t until Wednesday that the group, an organization
In this article WFC A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto Chris Helgren | Reuters Wells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned. The assistant, named Fargo, will be able to execute tasks including
Luis Alvarez | DigitalVision | Getty Images After some 18 months of remote work, more and more companies are bringing their employees back into the office. Many workers have mixed and complicated feelings about the change. “Returning back to the office may feel like culture shock,” said Debra Kaplan, a therapist in Tucson, Arizona. Adding
U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee hearing. Tom Williams | Pool | Reuters As Democrats inch closer to finalizing their social spending package, Senate Democrats are eyeing a tax on billionaires amid pushback on income and corporate levy hikes.
In 2015, Sahil Mehta helped sell his first property in the Berkeley, Calif., area at the age of 18, earning a commission of around $2,000. It solidified his interest in pursuing real estate sales and investments, which has only grown in the ensuing years. “It was such an incredible feeling, not because of the amount