In this article FRSH In this photo illustration a Freshworks Inc logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of customer service and support software maker Freshworks fell more than 15% in extended trading on Tuesday after releasing quarterly results for the first time following
Month: November 2021
Market forecaster Jim Bianco expects inflation’s intensity to catch up with central bank policymakers worldwide, including the Federal Reserve. The fallout could make stocks less attractive, and knock them off record highs. “Inflation is persistent and you’ve got to start thinking about moving your policies more aggressively towards tightening,” the Bianco Research President told CNBC’s
Former Theranos CEO Elizabeth Holmes leaves a federal court after a status hearing on July 17, 2019 in San Jose, California. Kimberly White | Getty Images SAN JOSE, CALIF. — A former estate attorney told jurors in Elizabeth Holmes’ criminal trial that he invested $6 million in Theranos after being introduced to Holmes by ex-Secretary
Rep. Josh Gottheimer, D-N.J., speaks during a news conference with the Problem Solvers Caucus on Dec. 3, 2020. Stefani Reynolds | Bloomberg | Getty Images As Democrats iron out their $1.75 trillion social and climate spending package, the plan may still include relief for the $10,000 cap on the federal deduction for state and local
At a time when investors worried about inflation are considering putting money into everything from bitcoin to commodities, there’s an old fashioned—and uber safe and simple—way to keep at least some of your cash from losing value: U.S. Savings Bonds. The U.S. Treasury announced yesterday that I bonds issued between now and the end of
Today’s Social Security column addresses questions about retirement benefit rates and whether they can be increased, what people could be referring to by the term “spousal bump” and when Social Security might review disability status. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
The Berman Buckskin Ranch in low-key Placerville, Colorado, has had no shortage of high-stakes owners. The glass, wood and stone main house was originally designed for Academy Award-winning writer and director Oliver Stone and later re-envisioned by Lyle Berman. The professional poker player and business executive got his start working at his dad’s leather business, for whom
In this article NKE Zoom In Icon Arrows pointing outwards Gerben Perrott PLLC First Facebook, now Nike? The apparel giant has taken its first steps into the metaverse. The Oregon-based company has filed several new trademarks this week that indicate its intent to make and sell virtual Nike-branded sneakers and apparel. According to the U.S.
In this article BLMN Customers enter a Bloomin’ Brands’ Outback Steakhouse restaurant at the Queens Place Mall in the Queens borough of New York. Victor J. Blue | Bloomberg | Getty Images Shares of Outback Steakhouse parent Bloomin’ Brands tumbled more than 11% in Tuesday morning trading after the restaurant company said it’s expecting an
In this article UAA MS CAR GPN The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Avis Budget — Shares of the rental car company jumped
It is hard to miss inflation in the recent numbers, and maybe even more so, the fear that inflation is going to hang around a lot longer than the Federal Reserve and investors would like. You may see it at the pump, in food prices, or the housing market, and for those who follow stocks,
In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading
Natasha Alipour Faridani | DigitalVision | Getty Images The U.S. Department of the Treasury is now paying a 7.12% annual rate on I bonds, an inflation-protected and nearly risk-free investment, through next April, which may be attractive to those seeking relatively safe portfolio options. Crumbling purchasing power continues to be a concern as Americans see
In August 2019, the Centers for Medicare and Medicaid Services (CMS) completely revamped the Plan Finder. A promotional video said the new design would make it easier to learn about and compare coverage options and select the best plan. In a press release, the CMS Administrator at that time said, “Try it out and let us know what
While the $1.2 trillion infrastructure plan remains stalled on Capitol Hill, some are pushing for a faster way to get money to states and localities to respond to extreme weather events and improve their roads, bridges and transit. Legislation now making its way through Congress would allow governments to use some of their direct funding
Joseph is CEO of TenantCloud and Rentler, property management solutions that help landlords maximize revenue from rental properties. If you own property somewhere like Denver, you might feel as if you’re sitting on a gold mine. The current market is absolutely booming. There’s seemingly no limit to how fast and how much a house will sell —
US President Joe Biden delivers a speech on stage during a meeting at the COP26 UN Climate Change Conference in Glasgow, Scotland, on November 1, 2021. Brendan Smialowski | AFP | Getty Images The Environmental Protection Agency on Tuesday will propose rules to plug methane gas leaks at hundreds of thousands of oil and gas
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. The British energy major posted an underlying replacement cost profit, a proxy for
Large machines unload coal from a train at the Shanghai Cooperation Organization (Lianyungang) International Logistics Park station in east China’s Jiangsu province, on October 28, 2021. Wang Jianmin | Barcroft Media | Getty Images BEIJING — China’s coal shortage is easing thanks to new government policies, the Commonwealth Bank of Australia said in a note
Amazon founder Jeff Bezos’ entrepreneurial journey is an inspiration for many. But for Nipun Mehra, it hits closer to home. As a former software engineer working in Amazon’s Seattle HQ in 2004, Mehra got to see first-hand the inner workings of the then-burgeoning retailer, and absorb the leadership lessons of its founder. So when, 15