The busiest week of the corporate earnings season has arrived. More than 150 S & P 500 companies are slated to report. Among them are Apple , Amazon and Ford Motor . Pharmaceutical giant Pfizer is also on deck. So far, this third quarter reporting period has been mixed....
Check out the companies making headlines in midday trading: Tapestry , Capri — Shares of Tapestry rallied more than 14%, while Capri's stock tumbled 47%. The sharp moves come after a judge ruled in favor of the Federal Trade Commission's case to block Tapestry's acquisition of Capri . L3Harris...
Many factors make it hard to buy a home today, but the one that makes "the biggest difference" in today's market is the housing shortage, Property Brother Drew Scott said at CNBC's Your Money event on Thursday."I don't think people realize this shortage of housing that we have affects...
Christian Lindner, Germany's finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024.Ting Shen | Bloomberg | Getty ImagesGerman Finance Minister Christian Lindner on Friday warned that if...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
by Kendra Pierre-Louis, Eric Roston and Zahra Hirji The floods, heat waves, storms and fires fed by global warming are getting worse across the US and will pose increasing danger to Americans unless greenhouse gas emissions are cut sharply and swiftly. The tools to do that are available today and are being adopted...
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, U.S, September 20, 2023.Evelyn Hockstein | ReutersUBS expects the U.S. Federal Reserve to cut interest rates...
One of the most controversial numbers in financial planning, 4%, is back — but the “rule” that follows it less so. On Monday, Morningstar Inc. published research showing that 4% is the “highest safe starting withdrawal rate for retirees,” as there is a 90% probability they will still have money...
A father-son team of advisors who had managed $180 million in assets at Ameriprise Financial has joined LPL Financial’s employee advisor channel, Linsco by LPL Financial, the firm announced Monday. Anthony S. Zambri and his son, Anthony V. Zambri, are launching Zambri Financial in Melville, New York. They’ll be the...
Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023.Courtesy: FiskerElectric vehicle startup Fisker on Monday reported a third-quarter loss that was wider than Wall Street expected, and said it delivered only about 1,100 Ocean electric SUVs in the third quarter.But, it said, deliveries have...
Carlos Tavares, Chief Executive Officer of Stellantis, poses during a presentation at the New York International Auto Show, in Manhattan, New York City, April 5, 2023.David Dee Delgado | ReutersDETROIT – Chrysler-parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut...
Wael Alreweie | Istock | Getty ImagesBitcoin investors are eagerly waiting for regulators to approve the first U.S. spot bitcoin exchange-traded fund, which could be significant for cryptocurrency investors, experts say.Last week, the price of bitcoin notched an 18-month high, climbing to $37,970, after BlackRock took first steps toward...
