In this article BAC Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images Bank of America is scheduled to report second-quarter earnings before the opening bell Monday.Here’s what Wall Street expects: Earnings:
Month: July 2022
In this article GS People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Goldman Sachs has slowed its hiring and is looking to cut the fees that it pays vendors as the investment bank prepares for tougher times ahead.
Carol Yepes | Moment | Getty Images Most federal student loan borrowers who’ve been pursuing public service loan forgiveness have faced some confusion and frustration along the way. The program, which allows those who work for the government or specific nonprofits to get their debt canceled after 10 years, has been plagued by problems. Borrowers
Topline Home-builder confidence plunged to a two-year low in July as high inflation and supply chain constraints prompted many builders to halt construction on homes, the National Association of Home Builders reported Monday, marking the latest sign the housing market is due for a steep turnaround after the pandemic-era home-buying frenzy. Key Facts Builder confidence
Clint Eastwood may be 92, but he is still feisty, having won his second lawsuit against online marketers who used his likeness without his permission. His fellow plaintiff was Garrapata, an agency that owns the rights to Eastwood’s name and image outside of movies. The latest verdict awarded Eastwood and Garrapata $2 million in damages.
The Bureau of Labor Statistics reported that inflation was up 9.1% for the 12 months ending June 2022. The increase has drawn the concern of many, especially those living in retirement. The good news is that the headline number merely represents an average. That means your actual inflation rate may diverge from this average. It
In this article BA DAL Delta Air Lines planes at John F. Kennedy Airport in New York. Getty Images Delta Air Lines is buying 100 Boeing 737 Max 10 planes, its first major order for new aircraft from the U.S. manufacturer in more than a decade. The deal has options for 30 more of the
In this article GS David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $6.58 per share, according to Refinitiv Revenue: $10.86 billion, 29% lower
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs CEO David Solomon said Monday that inflation is deeply entrenched in the economy and it’s unclear whether the situation
Isabel Garcia Nevett, on the right, owns Gracia Nevett Chocolates in Miami with her sister, Susana Garcia Nevett. The pair is making adjustments to the business in preparation of a possible recession. Source: Isabel Garcia Nevett Isabel Garcia Nevett is once again making adjustments to her business. After navigating the pandemic and dealing with rising
Boating enthusiasts looking for a snug harbor between Baltimore and Annapolis, Maryland, need look no farther than Little Round Bay, a deep-water cove on the Severn River. This custom coastal retreat, designed by local architect Cathy Purple Cherry, encompasses 2.72 acres in Crownsville’s Herald Harbor area. Included in the 2.72-acre offering in Crownsville, Maryland, is
Stocks are down this year, pretty much across the board. Unfortunately, there are some companies that won’t survive the downturn. Even for the ones that do, getting back to Covid-era all-time highs is far from assured. For employees with stock options or owned shares, it may be time to reassess your sale strategy and expectations.
Paul Tremblay Source: Paul Tremblay Want to hear a scary story? It was 2015. Paul Tremblay, a New England math wiz with a couple crime novels to his name, was experiencing his big breakthrough in horror fiction. His book, “A Head Full of Ghosts,” an internet-era spin on the demonic possession genre, arrived in June
In this article GSBD SCHW GS U.S. stock index futures were modestly higher during overnight trading Sunday as Wall Street looks ahead to a busy week of earnings. Futures contracts tied to the Dow Jones Industrial Average added 0.25%. S&P 500 futures were up 0.4%, while Nasdaq 100 futures advanced 0.5%. The major averages are
A seaside restaurant charges 30 euros ($30) for a burger. A large sunbed at an upscale beach club can cost 500 euros in August. And a table at a “VIP” nightclub can run into the thousands. Though Spain is generally considered a reasonably priced travel destination, the Spanish island of Ibiza has long been known
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation
Hispanolistic | E+ | Getty Images Many small company owners don’t know what their enterprise is worth, a practice that can amount to risky business. A whopping 98% of small businesses polled by M&T Bank over the past two years didn’t know the value of their companies. This is especially troubling, given that for most
Villa Doma puts its own spin on living large in the Turks & Caicos Islands. The 11,000-square-foot modern mansion is set on 120 feet of beach in the Blue Mountain area on the central north coast of sand-ringed Providenciales. Called Villa Doma, the eye-catching contemporary lies in the Blue Mountain area of Providenciales. Grace Bay
Today’s Social Security column addresses questions about why spousal benefits may not be payable in some cases, potential options when SSA withholds benefits due to an alleged overpayment and when survivor’s benefits can become available. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images Jeff Rothenberg has grown accustomed to long wait times at restaurants, even when tables are visibly open. “Another restaurant we went to had open seats outside, but when we went to the host, they mentioned
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