A technician checks on a stack of wafers at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after hours. Applied Materials — Applied Materials rose nearly 2% in extended trading after beating analysts’ expectations on the top and bottom lines in
The Medicare scammers are at it again. They steal Medicare numbers, and send tests to beneficiaries’ homes. They then bill the recipient for things the recipient never ordered. For those with aging parents, this scheme can work well, as some won’t remember if they ordered a test after Medicare stopped paying for these on May
IRS Criminal Investigation officials have identified the individual killed Aug. 17 in a training incident at the Federal Correctional Institution, Phoenix, firing range. The deceased is Special Agent Patrick Bauer, 47, a long-time resident of Arizona. Bauer is survived by his wife and four children. In addition to being a special agent, Bauer was a
In this article CMG MCD WEN PZZA Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC Restaurant companies navigating some of the same challenges in the second quarter fell into two categories: winners and losers. Some chains said their higher menu prices alienated
Ascentxmedia | Istock | Getty Images Social Security beneficiaries may get a much lower cost-of-living adjustment in 2024 as inflation subsides. But with two months before the COLA for next year is officially announced, there’s one unusual factor that may push the adjustment higher: hurricanes. The Social Security COLA for 2024 may be 3%, The
In this article NIO AMAT EL Follow your favorite stocksCREATE FREE ACCOUNT American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines before the bell Friday. Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower
The idea of a Hawaii paradise can mean many things to many people. Maybe it’s immersion in a lush tropical setting. Being close to nature, great surfing or a top bird-watching destination. Living in privacy on a secluded, amenity-filled estate. Perhaps, it is all of the above. The property lies within the Kalihiwai Ridge neighborhood,
Share to Facebook Share to Twitter Share to Linkedin In creating a bond portfolio, an investor normally aims to obtain high income, to preserve principal and possibly to earn an attractive total return (the sum of income, reinvestment income and price change). Achieving these objectives requires careful attention to risk and taxation. The following discussion
The IRS has announced expansive tax relief for Hawaii wildfire victims in Maui and Hawaii counties. These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). This means
In this article GM F STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – The Oracle of Omaha is cutting exposure to the U.S. automotive industry amid union negotiations — potentially for good
Peopleimages | Istock | Getty Images After a series of interest rate hikes, investors have more competitive options for cash. Whether you’re saving for a short-term goal or increasing your emergency fund, you should consider reaping the benefits of more generous returns. “This is a very good time to take advantage of the higher savings
In this article KEYS EL XPEV 9868-HK NVDA ROST BLBD STRA Follow your favorite stocksCREATE FREE ACCOUNT XPeng delivered over 60,000 of its flagship P7 electric sedans in 2021. XPeng, Inc. Check out the companies making headlines in midday trading. Strategic Education — The education stock advanced 3% following an upgrade to buy from neutral
The Basics of ERC A recurring concept in the media is the Employee Retention Credit. The ERC is a refundable payroll tax credit that can be as high as $5,000 per employee in 2020, and even as high as $21,000 per employee in 2021. Employers qualify as an eligible employer under three circumstances: (i) Recovery
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. LOS ANGELES – Warner Bros. has a sandworm-sized dilemma on its hands: Keep the fall release date for its highly anticipated “Dune: Part Two” and risk not having its star-studded cast promote it – or bump
For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on those regular paychecks to meet essential living expenses, with little to no money left over. Almost three-quarters, 72%, of Americans say they aren’t financially secure
In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to
Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers
Topline Chinese real estate giant Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday—a blow following years of financial struggle that helped ignite China’s ongoing property crisis. Key Facts The filing will allow Evergrande to protect itself and its assets in the U.S. while it works through a multi-billion dollar restructuring
Share to Facebook Share to Twitter Share to Linkedin What Are Index Funds? Index funds are a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index such as the S&P 500. Unlike actively managed funds, where fund managers make individual security selections to try and
In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT (L) A customer pushes a shopping cart full of groceries outside a Wal-Mart n Rogers, Arkansas, and (R) A pedestrian passes a Target store in the Tenleytown neighborhood of Washington, DC. Getty Images Target and Walmart are both catering to thriftier shoppers, but the