In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong fourth-quarter sales growth and promising performance at its restaurants in its first quarterly report since its initial public offering. The salad chain also issued a strong sales outlook for 2022, although it
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Italy is home to some of the world’s most famous cities, art, wine and beaches. Think Florence, Rome and Venice with their abundant Renaissance architecture and well-known galleries, Tuscany with its globally-renowned vineyards and the glamorous Amalfi coast with its see-and-be-seen vibe. While these places are an obvious draw for travelers, Italians themselves prefer to
In this article C Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of
Morsa Images | DigitalVision | Getty Images Today’s teens are thinking differently about their future employment, and many have decided they don’t want to work for anyone else. About 60% of teenagers are more interested in someday starting their own business instead of working a traditional job, according to a March 1 survey from Junior
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Best Buy — The retail stock jumped 8% after the company announced it was raising its quarterly dividend by 26%. The move
“Frothy eloquence neither convinces nor satisfies me,” the 19th century Congressman Willard Duncan Vandiver allegedly declared. “I am from Missouri. You have got to show me.” In the realm of tax policy and economic competitiveness, lawmakers from the Show-Me state are turning the old adage around. They are showing the rest of the nation how
CNBC’s Jim Cramer on Thursday advised investors to consider Procter & Gamble as a potential buy to weather the turbulent market. “I’ve been telling you to stick with the market even in the face of some frightening developments over the past few weeks, but you need some cash and you need some conservative stocks,” the
In this article GPS Sale signs are on display in the windows of a Gap retail location. Scott Mlyn | CNBC Gap Inc. shares climbed in after-hours trading Thursday after the apparel retailer offered an upbeat forecast for its profits in 2022, in spite of rising inflation and logistics challenges. Supply chain snarls still remain
Billionaire Warren Buffett says he drinks five Cokes a day. Bloomberg | Getty Images Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola. Berkshire Hathaway began buying Apple’s stock in 2016 and amassed a 5% ownership of the iPhone maker by mid-2018 with
Whyframestudio | Istock | Getty Images Anyone who has felt burdened by medical debt may be familiar with that initial bout of panic when a big bill arrives. What may be worse, though, is what can happen to your long-term financial picture if you disregard it. Generally speaking, that debt can end up haunting you.
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A taxi driver refuels a vehicle at a Gulf gas station in Boston on Mar. 1, 2022. Vanessa Leroy/Bloomberg via Getty Images The economic effects of Russia’s invasion of Ukraine a week ago have reverberated around the globe — leaving many households to wonder how the conflict might hit their wallet. The short answer: Prices
Have you ever considered gold as an investment? Or maybe just as a hobby? In the days of instant online stock trading and financial accounts, sometimes money seems almost make-believe. Many of us no longer see our money as a tangible object. That’s why there’s something very satisfying and solid about investing in and wanting
Russian billionaire and businessman Alisher Usmanov arrives to the openings of new monument to former Russian Prime Minister Yegeny Primakov at Smolenskaya Square inin Central Moscow, Russia, October,29,2019. Politician and diplomat Yegeny Primakov died in 2015. Mikhail Svetlov | Getty Images Russia’s top billionaires have lost over $80 billion in wealth in recent weeks, with
Pascal Broze | Getty Images One of the pain points of early retirement is limited access to your nest egg before age 59½ without incurring a 10% penalty. While a new IRS rule makes it easier to tap more penalty-free money, you still need to weigh your options, financial experts say. Generally, early pre-tax 401(k)
In this article BBY Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy on Thursday fell short of Wall Street’s fourth-quarter sales expectations, as it ran low on some popular holiday items and
A view of the Dilbar yacht owned by USM Holdings founder, International Fencing Federation President Alisher Usmanov. Dibar is the world’s biggest yacht by volume. Vyacheslav Prokofyev | TASS | Getty Images At least two superyachts owned by Russian oligarchs have been seized by authorities in the European Union after the executives were sanctioned following
(Click here to subscribe to the Delivering Alpha newsletter.) Software has been one of the worst-performing sectors this year amid a rising rate environment and geopolitical tensions overseas. This comes as no shock to Orlando Bravo who helms tech-focused private equity firm Thoma Bravo. He says the mantra of ‘growth at all costs’ is over and that
Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Inflation is pushing up prices everywhere, from grocery store shelves to gas pumps. It turns out that it’s also likely taking something away – that mood boost you may enjoy from so-called retail therapy.
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