In this article CAVA Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue. Shares of the company rose 7% in extended
Month: August 2024
In this article GM BILL WDAY INTU ROST UBER CAVA Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at a Cava restaurant in New York City, U.S., June 22, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines after the bell: Cava Group — The fast-casual restaurant brand saw shares climb nearly 6%
Aire Images | Moment | Getty Images Retirees may have income from Social Security, a pension, a retirement plan or other sources — and they typically must either withhold taxes or make quarterly payments to avoid IRS penalties. For 2024, the quarterly estimated tax deadlines are April 15, June 17, Sept. 16 and Jan. 15,
Democratic presidential nominee Kamala Harris is working hard to win the support of older voters, but what would she do to address their many concerns if she is elected president? In a campaign that has not yet shown many of its policy cards, Harris has offered only the roughest sketch of a governing agenda. But
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Source: Peloton Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price. The used equipment activation
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The beleaguered connected fitness company, which is currently being run by two board members
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy’s value in an $11.7 billion sale to tech giant Hewlett Packard. Chris Ratcliffe | Bloomberg | Getty Images LONDON — British technology entrepreneur
Stephen Swintek | DigitalVision | Getty Images As families try to offset the increasing cost of college education, many have turned to 529 college savings plans as a strategy. These accounts let families set aside money toward college expenses while taking advantage of tax breaks and compound interest, according to certified financial planner Preston D.
Minnesota Governor and 2024 Democratic vice presidential candidate Tim Walz at the first day of the Democratic National Convention in Chicago on Aug. 19, 2024. Charly Triballeau | AFP | Getty Images Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday night. In his speech, Walz credited
In this article F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – Ford Motor is delaying production of a new plant in Tennessee to produce a next-generation all-electric pickup truck and canceling plans for a three-row electric SUV, the company said Wednesday. Instead, Ford said it will prioritize the development of hybrid models, as well
TJX Companies on Wednesday held up its end of the bargain for consumers and investors — delivering a great quarter and strong guidance. It’s no wonder shares of the off-price retailer — already up 21% for the year before the release — were jumping another roughly 6% in afternoon trading and heading for record high
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a September cut had grown increasingly probable, minutes released Wednesday showed. “The vast majority” of participants at the July 30-31 meeting “observed that, if the data continued to come in about as expected, it would likely
Although the fate of federal student loan forgiveness is up in the air, college students may be borrowing more for the coming year in part because of the expectation that their debt may get forgiven, recent research suggests. With few families able to shoulder the sky-high tuition tab, students and their parents are increasingly leaning
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Edgar Bronfman, Jr. Cameron Costa | CNBC The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with Skydance as it reviews a competing offer from
Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are looking for bigger and better bargains. Starting in 2025, “the retail business has big shoes to fill from [Amazon Web Services],” research firm MoffettNathanson wrote in a Wednesday note to investors. The
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida. Joe Raedle | Getty Images There’s a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since
Richard Drury | Digitalvision | Getty Images After funneling money into pretax retirement accounts, you will eventually face mandatory withdrawals in retirement known as required minimum distributions, or RMDs. Since RMDs can trigger higher taxes, the withdrawals can be a nuisance for some retirees who do not need the money. But the yearly activity could
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target store stands in Manhattan, New York City, on March 5, 2024. Spencer Platt | Getty Images Target will report quarterly earnings on Wednesday as the retailer tries to make a comeback from a prolonged period of weaker sales and profits. Here is what
In this article TJX Follow your favorite stocksCREATE FREE ACCOUNT A Marshalls and HomeGoods store entrance in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty Images TJX Companies raised its full-year guidance on Wednesday after posting another quarter of strong sales, but its outlook still fell just short of Wall Street’s expectations. The
In this article JD .HSI Follow your favorite stocksCREATE FREE ACCOUNT Signage at JD.com’s warehouse in Shanghai, China, on Mar. 9, 2022. The U.S. Securities and Exchange Commission on Wednesday added over 80 firms to its list of entities facing possible expulsion from American exchanges, which include China’s JD.com, Pinduoduo, Bilibili, and NetEase. Qilai Shen
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