Microsoft delivered an overall strong quarter after Tuesday’s market close, but a miss on Azure revenue growth put shares under pressure in extended-hours trading. Revenue increased about 15% year over year to $64.73 billion in its fiscal 2024 fourth quarter, beating the Street consensus estimate of $64.39 billion, according to data from LSEG. Earnings per
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Illustrative image of two commemorative bitcoins seen in front of the national flag of Russia displayed on a computer screen. Artur Widak | Nurphoto | Getty Images Russia is considering legalizing the use of cryptocurrency for international payments as the country faces ongoing financial pressure from Western sanctions. The State Duma, which is the lower house
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Two federal judges in Kansas and Missouri on Monday at the urging of several Republican-led states blocked President Joe Biden’s administration from further implementing a new student debt relief plan that lowers payments. Bloomberg | Bloomberg | Getty Images The Biden administration is gearing up to try to forgive the student debt of tens of
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Vice President and 2024 Democratic presidential candidate Kamala Harris speaks at a campaign event in Atlanta, Georgia, on July 30, 2024. Elijah Nouvelage | Afp | Getty Images “Building up the middle class will be a defining goal of my presidency,” Vice President Kamala Harris said at a political event in Atlanta on Tuesday evening. “When our middle
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Retirement accounts are protected from creditors and lawsuits most of the time, but not all the time. You should know the circumstances when an IRA or other retirement account might be vulnerable. In general, qualified retirement accounts are protected from creditors, whether or not bankruptcy is declared, by the federal Bankruptcy Abuse and Consumer Protection
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Ah, summer vacation – that blissful stretch of freedom we all crave. But what if that vacation never ended? Many people imagine that retirement might be their endless vacation. Picture this: You’re lounging on a beach, sipping a piña colada, thinking, “This must be what retirement feels like.” Hold that thought because we’re about to
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In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT A box of the drug Victoza, made by Novo Nordisk Pharmaceutical, sits on a counter at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters An older, once-daily drug for diabetes and obesity from Novo Nordisk called liraglutide may slow the progression
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In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Kena Betancur | Corbis News | Getty Images Pfizer on Thursday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid antiviral pill Paxlovid and strong non-Covid product sales. Pfizer now
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If you serve as trustee for a friend or family member, you understand how much work can go into the role. There are meetings with lawyers, accountants, and financial advisors; communications with beneficiaries; and possibly even hard assets like real estate to oversee. That does not include the ongoing headache of the responsibility associated with
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