In this article QCOM Qualcomm president and CEO Cristiano Amon speaks at a news conference during CES 2022 in Las Vegas, Nevada, U.S. January 4, 2022. Steve Marcus | Reuters Qualcomm reported first-quarter earnings Wednesday, beating analyst expectations for revenue and guidance, and offering a strong outlook for its fiscal second quarter. However, Qualcomm stock
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Senate Republicans on Thursday peppered the nominee to be
In this article VRM Vroom Online used-car retailer Vroom will advertise during the Super Bowl for a second consecutive year, with the help of pop singer and dance choreographer Mandy Moore. The 30-second spot called “Flake” continues Vroom’s theme from last year about “flipping” car buying and selling on its head — but in an
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds crushed the market in January as a spike in volatility and a steep sell-off in growth stocks created an ideal environment for fast-money traders. Citadel’s multistrategy flagship fund Wellington gained 4.71% last month, according to a person familiar with
Jeffrey Coolidge | Photodisc | Getty Images Tax season has kicked off, and the IRS has already warned filing mistakes may cause delays amid staffing shortages and a massive backlog. While electronic filing offers the best chance for faster refunds, other moves may invite IRS scrutiny, according to tax experts. The IRS closed 452,515 individual audits
damircudic | E+ | Getty Images The Covid-19 pandemic has led to a decline in U.S pregnancies and prompted a number of women to opt out of the workforce. Now, a bipartisan proposal in Congress aims to alleviate the hurdles pregnant women face so that they can stay in their jobs. On Wednesday, Sens. Bob
With nursing homes and other long-term care facilities desperately short of nurses and aides, it is more important than ever for consumers to know about staffing levels, quality, and turnover. But it has been difficult to get some key information. Now, the government has taken a modest step to help. In January, the Centers for
Falling interest rates and the pandemic are the top two reasons for house prices skyrocketing over the last year and a half but there’s another reason no one talks about. Today’s technology simply makes it easier for house prices to increase when buyer demand increases. An economist would say single-family houses now have a higher
A man with her protective face mask walks in Vellaces neighborhood after new restrictions came into force as Spain sees record daily coronavirus (Covid-19) cases, in Madrid, Spain on September 21, 2020. (Photo by Burak Anadolu Agency | Anadolu Agency | Getty Images One of the great mysteries that has emerged from the Covid-19 pandemic
Shell petrol station logo on Sept. 29, 2021 in Birmingham, United Kingdom. Mike Kemp | In Pictures | Getty Images Oil giant Shell on Thursday reported a sharp upswing in full-year profit on rebounding commodity prices. The British oil major posted adjusted earnings of $19.29 billion for the full-year 2021. That compared with a profit
In this article QRVO SPOT ALGN QCOM FB A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell Wednesday: Meta Platforms — Shares of the Facebook parent plunged more
Even cupid is coming out of quarantine. Valentine’s Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, according to the National Retail Federation. On average, Americans will spend $175.41 on candy, cards, flowers and other romantic gifts, up from $164.76 in 2021. Those in a relationship will shell out
The economy grew by 5.7% in 2021 from 2020. This was the highest annual growth rate since 1984. Much of this impressive growth was due to the American Rescue Plan Act (ARPA) enacted in March 2021. But, the data also show that Congress needs to enact progressive supply side policies to maintain this momentum. These
This picture-perfect cottage set in a clearing of tall Douglas firs and apple orchards didn’t happen by chance. It’s the fruition of an artist’s vision to create a European farmhouse on 2.5 acres in the Stafford area of West Linn, Oregon. Set off a narrow lane, the 2,613-square-foot custom-built dwelling has the vibe of a
Robert Goulder of Tax Notes talks with Jenny Webster and her legal counsel, Filippo Noseda, about her lawsuit before the United Kingdom High Court challenging the Foreign Account Tax Compliance Act. This transcript has been edited for length and clarity. Robert Goulder: Hello, I’m Bob Goulder, a contributing editor with Tax Notes. Welcome to the January edition of In
Tetra Images | Tetra images | Getty Images This tax season, millions of American families who received advance child tax credit payments are calculating what they got in order to submit their 2021 returns. Some may be worried that they were sent more money than they were owed in the monthly payments from July to
The day is finally approaching. You’ve been saving and investing most of your life for this moment, but now you’re not so sure you’re really ready to retire. It’s a predicament faced by many employees that we work with. While retirement readiness has many non-financial components to it, here’s how you can know if you’re
Waste Management CEO and President Jim Fish on Wednesday expressed confidence in the company’s 2022 prospects, despite the continued presence of inflationary pressures. “Our guidance that we just gave for 2022 is pretty darned robust,” Fish said in an interview on “Mad Money,” referring to projected organic revenue growth of 6% and adjusted operating EBITDA
In this article FB Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Facebook is set to report fourth-quarter earnings after the bell on Wednesday. Here are
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE Nasdaq 100 and S&P 500 futures fell Wednesday night, as traders pored through the latest batch of corporate earnings, which included disappointing numbers from tech giant Meta Platforms. Futures tied to the Nasdaq 100 dropped 1.8%, and S&P 500 futures slid 0.7%. Dow