In this article NFLX AAPL Follow your favorite stocksCREATE FREE ACCOUNT Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television. Still, the details of
In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company also benefited from improved operating performance, CEO Stephen Scherr
Federal Reserve Chairman Jerome Powell said Tuesday that inflation is beginning to ease though he expects it to be a long process. “The disinflationary process, the process of getting inflation down, has begun and it’s begun in the goods sector, which is about a quarter of our economy,” the central bank chief said during an
Valentine’s Day gifts like these heart-shaped boxes of chocolates, on display back in 2012 in a Paris shop window, are extra-expensive just before the holiday. Chesnot | Getty Images Being in love will cost you. Valentine’s Day spending is expected to reach $25.9 billion in 2023, one of the highest-spending years on record, according to the
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Key Findings Forty-five states and the District of Columbia collect statewide sales taxes. Local sales taxes are collected in 38 states. In some cases, they can rival or even exceed state rates. The five states with the highest average combined state and local sales tax rates are Louisiana (9.550 percent), Tennessee (9.548 percent), Arkansas (9.46
Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print. In a kinder universe, retirees wouldn’t need to worry about market volatility or outliving their money. But 2022 was a nail-biter: Bonds plunged alongside stocks, and many people in or nearing
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air cargo operators said Monday that the e-commerce giant is scaling back on flights this
In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Oil major BP on Tuesday reported record annual profits, more than doubling last year’s total as fossil fuel prices soared following Russia’s full-scale invasion of Ukraine. The British energy giant posted underlying replacement cost profit, used as a proxy for net profit, of $27.7 billion
Cameron and Tyler Winklevoss. Adam Jeffery | CNBC Crypto exchange Gemini will contribute up to $100 million in cash, earmarked for its customers, as part of an agreement with bankrupt Genesis Global Capital and parent Digital Currency Group, Genesis’ lawyers said in a court hearing on Monday. The restructuring deal and recovery plan were announced
Jetcityimage | Istock | Getty Images If you’re trying to max out the yearly purchase limit for Series I bonds, your tax refund offers an opportunity to buy even more. However, you should consider your goals and weigh alternatives first, experts say. An inflation-protected and nearly risk-free investment, I bonds are currently paying 6.89% annual
Delmaine Donson | E+ | Getty Images Getting divorced is often considered one of the most stressful life events. But, for some people, there could be an unintended positive outcome to splitting up: A boost in their work performance. In a study of people in the process of divorce, which is online in advance of
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co. As Disney and James Cameron’s “Avatar: The Way of Water” climbs its way up the box office ladder — as of Monday, it was just shy of becoming the third-highest grossing film of all time — movie
Pinterest shares slipped in extended trading on Monday after the company reported revenue that missed analyst expectations and issued a light forecast for the first quarter. The stock pared its losses after earlier falling by as much as 12%. Here’s how the company did. Revenue: $877 million vs. $886.3 million expected, according to Refinitiv. Earnings:
In this article PINS ZI TTWO SAVE CHGG Follow your favorite stocksCREATE FREE ACCOUNT Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Pinterest — The social media stock shed more than 7% after revenue for the recent quarter fell short of analysts’ expectations. Pinterest also shared guidance
When the HBO black comedy “The White Lotus” premiered in the summer of 2021, it took viewers to Hawaii’s sunny Maui. It was a perfectly timed pandemic escape full of intrigue, satire, sex and bloodshed. The second season featured a mostly new cast — save for Jennifer Coolidge and her character’s quietly sinister husband, played
Xavier Lorenzo | Moment | Getty Images As interest rates go up, 2023 is shaping up to be a good time for savers who stand to earn more money on their cash. The Federal Reserve last week added a 0.25 percentage point rate increase in the latest in a string of rate hikes to combat
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In this article BBIG Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, celebrity gossip dominates the cover of a National Enquirer magazine on April 11, 2019 in Chicago, Illinois. Scott Olson | Getty Images The National Enquirer, the tabloid at the center of several scandals involving former President Donald Trump, will be sold
In this article PYPL DELL ON Follow your favorite stocksCREATE FREE ACCOUNT The PayPal logo displayed on a smartphone screen with a stock market graphic in the background. Omar Marques | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Monday. On Semiconductor — Shares gained more than