Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese e-commerce giant Alibaba‘s international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool that, it says, is better than products
Urbazon | E+ | Getty Images The tax extension deadline has arrived and there are options if you still can’t pay your balance, tax experts say. About 19 million U.S. taxpayers filed for an extension by the April 15 tax deadline, which bumped the filing due date to Oct. 15. But taxpayers affected by natural
Vice President Kamala Harris said she wants to create a home-based long-term care benefit under Medicare. She’s suggesting an historic change in the health care system for older adults and some younger people with disabilities. But the Democratic presidential candidate’s idea raises important political and policy questions. Harris describes the broad outlines of her plan
Las Vegas Raiders owner Mark Davis walks off the field with former NFL quarterback Tom Brady before the preseason game between the Dallas Cowboys and the Las Vegas Raiders at AT&T Stadium in Arlington, Texas, on Aug. 26, 2023. Matthew Pearce | Icon Sportswire | Getty Images National Football League owners approved Tom Brady as
Apple is back. Shares hit an all-time high Tuesday despite a chorus of recent concerns from Wall Street analysts about demand for the new artificial intelligence-enabled iPhone 16. The news A major catalyst for Tuesday’s move: Data that signaled strong demand for Apple’s biggest money maker, the iPhone. In the third quarter, iPhone shipments rose
Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading plan. Shares of the Dutch bank traded 1.2% lower at the market open and was last down 0.6% as of 9:15 a.m. London time. The
Morsa Images | Getty Buying a home is often the biggest financial decision you’ll ever make. It’s not just about choosing a place to live; it’s about making a long-term investment that will impact your financial future for years to come. Therefore, if you are looking to buy a home, there are certain steps you should
As expected, the start of Medicare Open Enrollment Period revealed major changes in the availability of plans and pricing. The biggest changes are in Medicare Advantage plans and Part D prescription drug plans. We knew significant changes were on the way because of announcements from major insurers and policy changes from the Centers for Medicare
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Brian Moynihan, CEO of Bank of America Heidi Gutman | CNBC Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results. Here’s what the company reported: Earnings: 81 cents vs. 77 cents LSEG estimate Revenue: $25.49 billion vs. $25.3 billion
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Andrew Kelly | Reuters Walgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street’s expectations, as the company slashes
In this article C Follow your favorite stocksCREATE FREE ACCOUNT The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024. Mike Kemp | In Pictures | Getty Images Citigroup reported third-quarter results Tuesday that topped Wall Street expectations, with growth in investment banking and wealth
David Hester inspects damages of his house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. Chandan Khanna | Afp | Getty Images After a natural disaster, some victims may be eligible for tax relief — but qualifying can be tricky, tax experts say. In late September, Hurricane Helene ravaged parts
The Super Heavy booster lands on the company’s launch tower during the fifth Starship flight on Oct. 13, 2024. SpaceX SpaceX launched its fifth test flight of its Starship rocket on Sunday and made a dramatic first catch of the rocket’s more than 20-story tall booster. The achievement marks a major milestone toward SpaceX’s goal
Wells Fargo stock hit new multi-year highs on Monday after Wall Street analysts praised the bank’s third-quarter earnings report. The news Shares of Club name Wells Fargo jumped more than 3% on Monday — a close above $63 would be the highest finish since January 2018. That’s on top of Friday’s more than 5.6% post-earnings
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what
Former President Donald Trump departs following an address to the Detroit Economic Club on Oct. 10, 2024. Sarah Rice/Bloomberg via Getty Images Former President Donald Trump proposed a new tax deduction last week for car owners who pay interest on an auto loan, one of many tax breaks he has floated on the presidential campaign
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing worker waves a picket sign Tuesday, Sept. 24, 2024, as workers continue to strike outside the company’s factory in Renton, Wash. Lindsey Wasson | AP It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly
Apple stock jumped Monday after a Wall Street firm touted the iPhone maker ahead of its quarterly earnings report. The news Evercore ISI added Apple to the firm’s tactical outperform list, helping shares climb more than 1% in Monday’s session. Analysts said Apple’s stock may be able to advance higher on a late October earnings
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway continued to increase its stake in SiriusXM, now owning 32% of the New York-based satellite radio company. The Omaha-based conglomerate purchased roughly 3.6 million shares
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