Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey. Gabby Jones | Bloomberg | Getty Images Affirm stock dropped as much as 26% on Thursday after the company reported second-quarter results ahead of schedule. Here’s how the company did versus Refinitiv consensus expectations for
Month: February 2022
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Friday the Federal Reserve is failing in its battle against a spike of inflation, and the central bank is slated for accelerating rate hikes this year. “The Fed is obviously
Taiwanese ethnicity man looking at the home budget and sorting out bills using his laptop in his cozy living room SrdjanPav | E+ | Getty Images Americans are feeling the impact of surging inflation, which doesn’t appear to be easing up anytime soon. For many, that means it’s a good time to revise the family
Sometimes individuals who speculate in stock are like gamblers in a casino. They tend to overinflate their wins and minimize their losses. The pain of loss may be acute, but they quickly forget all about it because they’re sure the next big win is around the corner. They believe their optimism is justified. After all,
From blush to millennial, the color pink has been a major interior design trend in recent years. There’s a reason for this— it’s fun, feminine, and makes a big design impact, whether it’s an accent wall or an entire room filled with pink furniture and decor. Unlike neutrals or earth tones, pink is always a
The Internal Revenue Service reported today that it has issued more than 4 million tax refunds already for the 2022 tax season as of February 4. Average refunds were $2,201. Total returns received: 16,685,000 Total returns processed: 12,992,000 Total refunds: 4,330,000 That’s ten days into a filing season that opened on January 24. The IRS
In this article NFLX Chesnot | Getty Images The bizarre case of a New York couple accused of trying to launder $4.5 billion in bitcoin stolen by a 2016 hack will be the subject of a docuseries on Netflix, the streaming company said Friday. The announcement comes just three days after the couple, Ilya “Dutch”
In this article UAA Under Armour shoes are seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour on Friday reported fiscal fourth-quarter profits and sales ahead of analysts’ estimates, fueled by year-over-year growth in North America. Its shares whipsawed in premarket trading, recently falling less
In this article GDDY ZG AFRM NWL UAA An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports equipment company’s shares dropped about 10% as lingering supply chain constraints
Valentine’s Day is almost here, and marriage is all the rage. According to the Wedding Report, there will be some 2.5 million weddings this year — the most since 1984. As an economist, I’m all for it: Marriage beats partnering long-term. I’m no expert on how to meet the love of your life; my goal
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for
Algerina Perna | Baltimore Sun | MCT | Getty Images If you plan to drop money on a Super Bowl bet this weekend, remember that the IRS will want a piece of your winnings. Americans are expected to wager $7.61 billion on Sunday night’s matchup between the Los Angeles Rams and Cincinnati Bengals in Los
One of the high hurdles when it comes to preparing for retirement is access to an employer-sponsored retirement plan. Unfortunately, retirement coverage is not universal in the U.S., and only about half of workers participate in either a defined benefit plan or a 401(k) account according to the Boston College Center for Retirement Research. This
Anyone have anything planned for this Sunday? Wait a second. Isn’t this Sunday the date of the biggest single-day event on any year’s sporting calendar? For those New Yorkers lacking ducats for the Colossal Contest at SoFi Stadium in Los Angeles, the next best thing may be settling in at one of the luxe screening
Local governments have been interested in cryptocurrency like Bitcoin and Ethereum for years, and some have begun accepting it as a form of payment for certain transactions. But come places are taking it a step further. Last month, Berkeley, Calif., announced it was moving forward on a long anticipated project to sell “microbonds” in the municipal market. City
In this article ACB-CA EXPE ZG NWL ZEN UAA Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped
In this article 981-HK A logo atop the Semiconductor Manufacturing International Corp. (SMIC) headquarters in Shanghai, China, on Tuesday, March 23, 2021. Qilai Shen | Bloomberg | Getty Images China’s largest chipmaker Semiconductor Manufacturing International Corporation reported record revenue and a surge in profit last year amid a global chip shortage but strong demand. SMIC
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path. The
It started with Melissa Houston buying small indulgences online — shoes, clothes, handbags. Then, she moved on to major purchases, renovating the family room and putting a swimming pool in the backyard. She says her spending spree spiraled her family’s finances into massive debt — and she hid it from her husband. “I went off
Over just the past few decades, the life expectancy of people with Down Syndrome (DS) has increased from less than 30 years to nearly 60. But for many, that remarkable advancement comes at a high price. As they live longer, up to ninety percent of people with DS will have Alzheimer’s Disease. It is, in
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