In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Tuesday reported a loss for the second quarter that was narrower than expected and raised its production guidance for the
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In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT PlayStation DualSense controller and PlayStation 5 console are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life
In this article PENN AXON LYFT BMBL TWLO SMCI RIVN TTWO Follow your favorite stocksCREATE FREE ACCOUNT People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines after hours. Rivian
Collectively, Americans now owe more than $1 trillion on credit cards. Total credit card debt rose nearly 5%, or roughly $45 billion, in the second quarter to a new high of $1.03 trillion, according to a new report on household debtfrom the Federal Reserve Bank of New York. Although delinquency rates are still low by
In this article DIS PENN Follow your favorite stocksCREATE FREE ACCOUNT SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images Disney‘s ESPN is launching a betting sportsbook, putting the sports entertainment unit deeper into the wagering world. U.S. gambling company Penn Entertainment said it is partnering with ESPN to rebrand
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Eli Lilly on Tuesday raised its full-year guidance as second-quarter profit jumped 85% from the same period a year ago on strong sales from the pharmaceutical giant’s drug pipeline. The company now expects full-year revenue of between $33.4
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China reported a 0.3% drop in consumer prices in July from a year ago, and a 4.4% year-on-year drop in producer prices in July, according to the National Bureau of Statistics Wednesday. China’s
Sollina Images | Tetra Images | Getty Images After more than a year of gloomy forecasts for the U.S. economy, some experts have backed off recession predictions and embraced the soft landing targeted by the Federal Reserve. These shifts have sparked conversations among financial advisors and their clients, who may have varying levels of optimism
Patent box regimes (also referred to as intellectual property [IP] regimes) provide lower effective tax rates on income derived from IP. Most commonly, eligible types of IP are patents and software copyrights. Depending on the patent box regime, income derived from IP can include royalties, licensing fees, gains on the sale of IP, sales of
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2023 Cadillac Escalade V-Series Cadillac NEW YORK – General Motors on Wednesday will reveal a new all-electric version of the Cadillac Escalade, testing the luxury SUV’s prestige for a new era of drivers and the company’s strategy to turn its most lucrative vehicles into money-making
Medical syringes and Novavax logo displayed in the background are seen in this illustration photo taken in Krakow, Poland on December 2, 2021. Jakub Porzycki | NurPhoto | Getty Images Shares of Novavax jumped as much as 20% in premarket trading Tuesday after the Covid vaccine maker reported a surprise second-quarter profit. The results come
John Rogers speaks during an interview at the Securities Industry and Financial Markets Association annual meeting in Washington, D.C., Oct. 24, 2017. Andrew Harrer | Bloomberg | Getty Images A key Goldman Sachs executive known as a power broker internally and in political circles is stepping back from some of his responsibilities, according to a
We all struggle with our self-worth from time to time. But it can be harmful to let this toxic mindset sit for too long. As a psychologist of 15 years, I’ve found that when we feel unworthy, we often do things that sabotage our financial plans. Having a strong foundation of self-worth allows us to
In this article PTON ABT Follow your favorite stocksCREATE FREE ACCOUNT Google Headquarters is seen in Mountain View, California, United States on May 15, 2023. Tayfun Coskun | Anadolu Agency | Getty Images It is a combination that is likely to be highly appealing to many workers: the option to work from home and to
A man enters a Bank of America branch in New York. Scott Mlyn | CNBC As if higher mortgage rates weren’t enough, it was harder even to qualify for a mortgage in July than it has been in a decade, according to the Mortgage Bankers Association. Its monthly index measuring credit availability dropped in July
In this article QSR QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International on Tuesday reported double-digit same-store sales growth at Burger King and Tim Hortons for its second quarter. Shares of the company were roughly
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive tech-focused Vision Fund. Here’s how the company did: The
A general view of the New York Stock Exchange (NYSE) on Wall Street in New York City on May 12, 2023. Angela Weiss | AFP | Getty Images Moody’s cut the credit ratings of a host of small and mid-sized U.S. banks late Monday and placed several Wall Street big names on negative review. The
More than 325 million bottles of champagne were shipped from Champagne in 2022, according to Comité Champagne. Dave Kotinsky | Getty Images Entertainment | Getty Images Champagne has been a hallmark of celebrations and luxury living for centuries. But Europe’s soaring temperatures and increasingly volatile weather are sparking fears that France’s Champagne region could become
Carlo Prearo | Istock | Getty Images With most college bills for the fall semester due this month, parents and students are likely strategizing how to cover the cost. For some, that may include deciding whether to take out private student loans. As higher education has gotten more expensive, the private student loan market has