Finance

Stocks making the biggest moves in the premarket: Amazon, Roku, Intel, Chevron and more

Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Amazon shares rallied 12.5% in premarket trading after it posted better-than-expected quarterly revenue and issued an upbeat outlook. Amazon logged an overall quarterly loss, owing largely to a $3.9 billion negative impact from its investment in electric vehicle maker Rivian
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Wealth

A toxic culture and ‘race to the bottom’: Pilots open up on why air travel is in chaos

The chaos engulfing many major airports in North America and Europe since summer began hasn’t abated much, and news outlets and social media users continue to report on hordes of impatient travelers and mountains of misplaced suitcases. Source: Getty Images Canceled flights. Long lines. Staff walkouts. Missing luggage.  Sound familiar? The chaos engulfing many major
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Personal finance

‘The disruption for a person’s financial security is enormous.’ Gaps in access to paid leave may lead to financial hardships, report finds.

Mayte Torres | Moment | Getty Images The Covid-19 pandemic helped shed light on the need for increased access to paid leave for U.S. workers. Yet more than two years into the pandemic, there are still gaps in access to those benefits. That leaves many workers vulnerable to financial hardships, a new report from the
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Wealth

New Zealand had one of the world’s strictest Covid lockdowns. Now its borders are fully reopening

After more than two years, New Zealand is fully reopening its borders and welcoming back all international travelers. The country is reopening on July 31, some three months earlier than previously announced. Earlier this year, New Zealand’s borders were opened to Australians and citizens of 60 places that do not need visas to enter, including
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Personal finance

The Federal Reserve’s latest interest rate hike will mean a better return on your savings. Here’s what to expect

Getty Images Finding extra cash to set aside can be tough amid the record high prices prompted by historically high inflation. But the Federal Reserve’s announcement on Wednesday that it will again hike interest rates by 0.75 percentage point will mean savers can get better a better return on the money they sock away. The
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Earnings

Comcast shares slide after the cable giant fails to add broadband subscribers for first time ever

In this article CMCSA CMCSA Comcast reported second-quarter revenue and earnings that topped analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever. Comcast’s high-speed internet customers in the quarter were flat, trailing the 84,000 average analyst estimate, according to FactSet. The company’s shares fell more than 9%
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Finance

Despite concerns, ESG strategies may become a crowded trade for impact investors – so Vanguard is taking a different track

It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governance product that bundles companies with positive, inclusive and sustainable intentions.  “It’s really a fund that’s going to be investing in global equities looking to deliver long-term
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Wealth

U.S. economy continues to shrink and many aren’t prepared for an economic downturn. Here’s what advisors are telling clients as recession fears grow

JGI/Jamie Grill | Tetra images | Getty Images As the U.S. economy shrinks for a second straight quarter — one definition of a recession — many Americans aren’t prepared for an economic downturn. However, financial advisors say there’s plenty that is in your control. Fewer than half of Americans feel “financially secure enough” for another
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