In this article REGN RH TSLA CAT The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Zscaler — Zscaler surged 21.9% after reporting strong earnings in its most recent quarter. The company posted adjusted earnings of 25 cents per share
A student walks to class at Rice University in Houston on Aug. 29, 2022. Brandon Bell | Getty Images News | Getty Images The application for student loan forgiveness will be ready by early October, the U.S. Department of Education says. After people apply, they could see the relief within six weeks. related investing news
By Chris Farrell, Next Avenue If you want to take a conversation in an interesting direction, ask a group of adults what they think is the most popular age for entrepreneurship. The typical answer in my experience is the younger generation. Among older adults, Steve Jobs (Apple AAPL ) and Bill Gates (Microsoft MSFT )
The slowdown in the otherwise red-hot housing boom has been stunningly swift. The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by record-low interest rates. Now, real estate agents who once reported lines of buyers outside open houses and bidding wars on the back deck say homes
In this article BLK Larry Fink, chief executive officer of BlackRock Inc. Christopher Goodney | Bloomberg | Getty Images Billionaire businessman and former New York Mayor Michael Bloomberg and the investing behemoth BlackRock have both recently issued their own strongly worded missives defending investments in climate solutions and clean energy and saying that requesting climate-related
Will Lester | Medianews Group | Getty Images The clock is ticking for whoever landed the $1.34 billion Mega Millions jackpot in late July — if they want to claim their prize as a lump sum. In Illinois, where the winning ticket was sold, Mega Millions winners get a year to claim their windfall if
Hinterhaus Productions After boosting paid parental leave during the pandemic, many companies are now cutting or reducing the popular employee benefit. In 2022, organizations with paid maternity leave dropped to 35% from 53% in 2020, according to the Society for Human Resource Management’s employee benefits survey. And fewer than one-third, 27%, now provide paid paternity
Topline The stock market surged higher on Friday, with stocks on pace to snap a three-week losing streak as investors shook off Federal Reserve Chair Jerome Powell’s recent comments about more interest rate hikes from the central bank for the foreseeable future. Key Facts The Dow Jones Industrial Average was up 1.2%, nearly 400 points,
The Bronx saw record dollar volume and the second most transactions ever recorded with $1.54 billion investment sales across 191 transactions, according to research produced by Ariel Property Advisors. Multifamily sales accounted for nearly half the transactions, or $756 million, which is the highest dollar volume since 1H 2016 when $960 million in multifamily buildings
In this article SWBI An attendee walks through the Smith & Wesson booth at the NRA’s annual meeting. Shares of Smith & Wesson Brands Inc. were down Friday morning after the company said demand for its guns returned to pre-pandemic levels. The firearms maker on Thursday had reported net sales to $84.4 million for its fiscal
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big
Tim Cook says it’s never been his goal to run Apple the exact same way Steve Jobs did. But Jobs’ influence is still strongly felt at the company, Cook says — and it likely always will be. “We don’t sit around and say: ‘What would Steve do?’ He told us not to do that,” Cook
In this article GS AAPL The Apple Card is getting a lot of attention lately. It doesn’t hurt that the credit card can score you a discount on the newest iPhone 14 and other devices purchased directly from Apple. Apple’s new iPhones are available to order starting Friday, and although there was no price hike
NASA’s Artemis I rocket sits on launch pad 39-B at Kennedy Space Center on September 02, 2022 in Cape Canaveral, Florida. Kevin Dietsch | Getty Images NASA said Thursday that it is working to fix the issues that delayed the launch of its Artemis I moon rocket last week, and that it hopes to make
In this article GME AMD AEO Pedestrians pass in front of a GameStop retail store in New York, December 23, 2021. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Thursday. GameStop – Shares of video game retailer rose more than 7% after the company disclosed a new partnership with cryptocurrency exchange
There was a time when Western Europe was the destination of choice for Russian tourists. But things have changed. Max, a Russian in his 40s, used to stroll museums in France, enjoy fine cuisine in Italy, and go on hikes on the hills of Spain. Then Russia invaded Ukraine. This year, Max, who told CNBC
Damir Khabirov | iStock | Getty Images Young adults in majority Black and Hispanic communities tend to have lower average credit scores compared with those who reside in majority white communities, according to new research from the Urban Institute. The research found 25- to 29-year-olds in majority Black communities have a median credit score of
Estate planning and end-of-life planning can be extremely complex. It is also a topic area many people want to avoid because it forces us to face our own mortality and the what-ifs of life and death. However, just as we plan for a good life, we should plan for a good end of life. Part
The Biden administration is rolling out its new, sweeping initiative to enact broad student loan forgiveness for millions of borrowers. The plan will provide up to $20,000 in student loan cancellation for qualifying borrowers. The initiative will become active within a matter of weeks, according to the Department of Education, with an application available by
In this article GM DETROIT – General Motors’ second chance at establishing itself as a mass-market leader in all-electric vehicles is expected to begin next year with the arrival of the Chevrolet Equinox EV. The all-electric crossover is scheduled to go on sale in the U.S. next fall, starting at around $30,000 – a price