In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment on Wednesday warned investors of declines in key metrics during the second quarter, sending shares down more than
Month: July 2024
In this article F Follow your favorite stocksCREATE FREE ACCOUNT The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor is set to report second-quarter earnings after the markets close Wednesday. The Detroit automaker’s results are expected to be relatively healthy, although down
Hinterhaus Productions | Stone | Getty Images Many workers will see their annual raise shrink next year as the job market continues to cool from its torrid pace in the pandemic era. The typical worker will get a 4.1% pay raise for 2025, down from 4.5% this year, according to a new poll by WTW,
The IRS last week issued final regulations on the Setting Every Community Up for Retirement Enhancement Act, enacted in late 2019. The final regs generally follow the proposed regulations issued in 2022. Despite receiving many requests for change, the IRS kept the most controversial rule from the proposed regulations, its interpretation of the new 10-year
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla. Antonio Masiello | Getty Images Tesla shares fell more than 8% in premarket trading in the U.S. after the electric carmaker reported second-quarter earnings that missed expectations amid ongoing pressure in its auto business. The stock pared losses to trade
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor equipment manufacturers, including ASML, have seen the share of their China revenue more than double since late 2022, Bank of America analysts said in a
Two renters pose in front of their new home that they’re renting from Roots, a program that helps renters invest in real estate. Courtesy: Katie Curran When Will Hunnicutt was searching for an apartment in Atlanta earlier this year, pricey leases and application rejections left him feeling defeated. “The three-and-a-half times income-to-rent ratio is kind
Families typically reach out to financial advisors when they experience a major financial milestone. This often coincides with significant life events, including changing jobs, selling a business, receiving an inheritance, and changing family dynamics. It may also be relevant upon reaching retirement. However, many people, especially those who spent most of their career handling their
Feverpitched | Getty Images Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies. The legislation aims to ensure community pharmacies can provide care to patients enrolled in
Alphabet on Thursday delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space. Total revenue in the three months ended June 30 rose 13.6% year over year to $84.74 billion, outpacing the $84.19 billion expected, according to estimates compiled by data provider
A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in extended trading: Alphabet — The tech giant slipped 1% despite a beat on both top
Martin-dm | E+ | Getty Images The IRS has finalized rules on required withdrawals for certain inherited individual retirement accounts and other plans. But heirs could owe more taxes later by only taking minimums now, experts say. In final regulations last week, the agency confirmed most non-spouse beneficiaries have 10 years after the original owner’s
What is the biggest mistake those getting ready to enroll in Medicare can make? I’m asked this question frequently. My first response is that there are too many candidates to identify just the biggest. However, I must acknowledge that a top contender for the honor would be COBRA. The Consolidated Omnibus Budget Reconciliation Act mandated
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The S & P 500 edged slightly higher Tuesday as investors awaited quarterly earnings releases after the close from influential tech companies. The broad stock gauge on Monday posted its
Rana Robillard, an Oakland-based tech executive, in front of the home in Orinda, CA that she attempted to purchase earlier this year. Courtesy: Rana Robillard After a yearlong search, Rana Robillard was elated to learn she’d beaten three other bidders for a house in the leafy California suburb of Orinda, just outside of San Francisco. So
Nurphoto | Nurphoto | Getty Images Spot ether exchange traded funds are set to begin trading on Tuesday. Crypto enthusiasts are hopeful it will broaden the investor base for Ethereum, a blockchain technology many argue has a far wider use case than bitcoin. These ETFs will invest directly in ether, which is the cryptocurrency used in
By most measures, the U.S. economy is doing well. And yet, many people would argue otherwise. Roughly 3 in 5 Americans believe that the U.S. is currently in a recession, according to a new survey of 2,000 adults by Affirm. Of those respondents, most said a recession started roughly 15 months ago, in March of
“While having enough money to be comfortable – a different standard for everyone – remains important, it’s not the only, or even most important, focus for many.” This was one conclusion in a research study, Discovering What Matters, by MetLife Mature Market Institute. According to Sandra Timmermann, director of the study, “The most content people
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