In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines plane Silas Stein | picture alliance | Getty Images American Airlines pilots’ union said Thursday that they agreed to a sweetened offer for a new labor contract, less than two weeks after a richer deal at rival United Airlines derailed voting at American.
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General view of the Shell logo. Picture Alliance | Picture Alliance | Getty Images LONDON — British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit, citing lower fossil fuel prices and refining margins. Shell posted adjusted earnings of $5.1 billion for the three-month period through to the end of June,
In this article PFE MRNA NVAX Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist delivers a COVID-19 booster dose at a Chicago CVS store. Antonio Perez | Tribune News Service | Getty Images A new round of Covid vaccines is coming to the U.S. this fall — but many Americans may not roll up their
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for the real thing due its vulnerability to big losses. “Volatility does not back up any claims for crypto to be a long-term strategic asset as
Simon Potter | Getty Images When it comes to stocks, investors face a big question: How much exposure is enough? For investors already in retirement, how well they answer that question may have big consequences for how well they reach their goals. “About 37% of boomers have more equity than we would recommend for their
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s is expected to report its second-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images A federal bankruptcy judge on Friday rejected Johnson & Johnson‘s second attempt to resolve tens of thousands of
Indicted FTX founder Sam Bankman-Fried leaves the United States Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters Federal prosecutors dropped a campaign finance charge against indicted crypto executive and FTX founder Sam Bankman-Fried late on Wednesday, the second time that they’ve been forced to forgo criminal allegations against the alleged fraudster.
In this article SG Follow your favorite stocksCREATE FREE ACCOUNT Customers enter a Sweetgreen restaurant on June 21, 2021 in Chicago, Illinois. Scott Olson | Getty Images Sweetgreen on Thursday reported quarterly sales that fell short of Wall Street’s expectations, but losses did narrow from the year-earlier period. The company also raised its forecast for
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, Sept. 17, 2020. Rebecca Cook | Reuters Heads up, hybrid fans: Ford Motor is working on a whole bunch of new hybrid models. “You’re going to see
In this article PG ROKU INTC Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 6.7% after the chipmaker posted better-than-expected second-quarter results and
The Mega Millions jackpot grew to $940 million on July 27, 2023. OLIVIER DOULIERY | Getty The Mega Millions jackpot has ballooned to an estimated $940 million ahead of Friday’s high-stakes drawing at 11:00 p.m. ET. If you pick the magic six numbers, there are two payout options: a lump sum of $472.5 million or 30
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The Vulcan rocket for the Cert-1 mission stands at SLC-41 during testing in Cape Canaveral, Florida, May 12, 2023. United Launch Alliance United Launch Alliance still plans to fly its heavy-lift Vulcan rocket by late 2023 — despite suffering a mishap earlier this year after an engine exploded during testing. CNBC previously reported that one
In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake | Reuters Procter & Gamble reported its quarterly earnings before the bell Friday. Here’s what the company reported compared with what Wall Street was expecting, based on a survey
Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Intel — The chip stock jumped more than 6% after the company posted better-than-expected second-quarter earnings results. The latest quarter marked a return to profitability after two consecutive losing
Westend61 | Westend61 | Getty Images Access to personal cars remains important to Americans despite the growing monthly cost of ownership. The average monthly auto payment reached $733, a new record, in the second quarter of the year, according to a report by auto site Edmunds. Seventy-eight percent of middle-income households earning between $47,000 to
KPMG is offering high schoolers paid internships to help fix accounting’s staffing shortage. By her own admission, Autumn Kimborough, 17, didn’t have a passion for accounting. But the rising high school senior from Flossmoor, Illinois, heard about a well-paid summer internship at KPMG, which included a $250 clothing stipend, and got excited. For the first time,
Johnnygreig | E+ | Getty Images This October may be a stressful time for many people with federal student loans. After a three-year break, the U.S. Department of Education will start expecting payments again at that point. Borrowers will get their first bill in September or October, the Department says. From then, they’ll have at
In this article CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT An employee adds letters for upcoming film releases “Oppenheimer” and “Barbie” to a marquee at the Colonial Theater on July 16, 2023 in Phoenixville, Pennsylvania. Hannah Beier | The Washington Post | Getty Images Hollywood’s biggest weekend at the box office in years wasn’t