Pfizer on Tuesday posted a surprise adjusted fourth-quarter profit, as the company’s declining Covid business performed better than expected. The company reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government. That hit is less than the $4.2 billion Pfizer initially expected
Month: January 2024
Between girl math, loud budgeting and cash stuffing, the trendiest financial advice is increasingly born on TikTok. That’s helped financial TikTok, also known as FinTok, take off. Now it’s one of the most popular sources for financial information, tips and advice, particularly among Generation Z. The hashtag #FinTok, representing just the financial TikTok community, has more than 4.7
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China. It now sees global growth in 2024 at 3.1%,
Managing Partner and the Head of Research at Fundstrat Global Advisors, speaking on CNBC’s The Exchange on Oct. 31st, 2023. Adam Jeffery | CNBC Investors are embarking on a hectic week with key tech companies reporting and a big Federal Reserve meeting – and it could shape the next steps for the stock market’s rally,
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited
Medium shot of smiling woman trying on sunglasses while shopping in boutique during vacation Thomas Barwick | Digitalvision | Getty Images Currently trending on TikTok: digital cameras, Jellycat plush toys and lip oils. But the bigger trend? Not buying any of it. “Loud budgeting,” which emphasizes being vocal about wanting to save money, is a
Xreal Air 2 in action. Xreal’s augmented reality glasses is compatible with gaming consoles and can allow users to play games on a large virtual screen Xreal BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company a valuation of more than $1 billion. That
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing’s reputation has taken a significant hit this month, according to surveys conducted by Morning Consult. A report by the market research company shows net trust dropped 12 percentage points among U.S. adults from December 2023 to January 2024. Net trust represents the share of
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked green yellow pants. Jeremy Moeller | Getty Images Quiet luxury was one of last year’s biggest viral fashion trends on social media — but unlike
Deadlines loom for consumers who want to send back unwanted holiday gifts. Many retailers extend return windows for purchases made in November and December through the end of January. But in many other parts of the return process, companies have become less lenient. As more consumers shop online and send back more of those orders,
Sdi Productions | E+ | Getty Images Humans like choice. Indeed, it’s a bedrock principle of autonomy and freedom. But when it comes to investing, having too many choices can be bad. “Most likely, it will hurt you rather than help you,” said Philip Chao, a certified financial planner and founder of Experiential Wealth, based
Maskot | Digitalvision | Getty Images Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index in January fell to its lowest level since 2016, when the career site began tracking the metric, it said Monday. The index measures how workers feel about their employer’s
D3sign | Moment | Getty Images Tax season has kicked off and the IRS has started to process 2023 returns. If you’re expecting a refund, there are a few ways to get the money faster, experts say. Often, “self-inflicted mistakes” cause refund delays, according to Mark Steber, chief tax information officer at Jackson Hewitt. The
In this article DKNG FLTR-GB Follow your favorite stocksCREATE FREE ACCOUNT FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and
The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, after recent reports showed the economy grew at a much more rapid pace than expected and inflation eased. “In many ways, we already have a soft landing,” said Columbia Business School economics professor Brett House.
Ukrainian President Volodymyr Zelenskyy speaks with CNBC’s Andrew Ross Sorkin at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Ukrainian President Volodymyr Zelenskyy published his income for the first time on Sunday as he looks to promote transparency and tackle corruption as part of the country’s push
Nearly one in five Americans said they plan to travel less in 2024, with most citing costs as the reason , according to Intrepid Travel’s 2024 Outlook Survey. But many travelers are pressing forward, seeking ways to save without compromising their trips. And for some 70% of respondents of Intrepid’s survey, that means avoiding peak
Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading concept Igor Kutyaev | Istock | Getty Images China plans to merge three of its largest state-owned bad debt asset managers with its China Investment Corp sovereign fund as part of a plan to reform institutions, the
A view of a scaled-up mock of a Louis Vuitton bag during a promotional event by the French luxury brand in Shanghai on Dec. 4, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s luxury sales are rebounding, and while they’re not back to 2021 levels yet, industry analysts and financial releases
I’m reading the short book, The Gap and the Gain, co-authored by Dan Sullivan, the famed founder of Strategic Coach, and Dr. Benjamin Hardy, and while it applies to many areas of life, its implications in how we approach our finances and goal-setting are profound. This infographic perfectly illustrates the concept: Here’s how it works:
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