In this article NVDA BJ KSS VSCO BBWI The Macy’s Inc. logo is displayed on a monitor at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Feb. 22, 2016. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Macy’s — The retail giant saw
admin
In this article M Shoppers visit Macy’s flagship store in New York, May 20, 2021. Eduardo Munoz | Reuters Macy’s on Thursday reported fiscal second-quarter profit and revenue that topped analyst estimates, as customers returned to its stores to buy denim, luggage and new dresses. The department store chain also hiked its outlook for 2021,
The Aston Martin DBX seen at Salon Prive, held at Blenheim Palace, September 25, 2020 in the United Kingdom. Martyn Lucy | Getty Images Aston Martin Executive Chairman Lawrence Stroll said the company is set to produce 10,000 vehicles a year by 2025, adding that the company’s “risks are behind us.” The Canadian billionaire told
Elon Musk’s SpaceX revealed new details about plans for the next-generation of satellites in its Starlink internet system in federal filings on Wednesday, including that the company intends to use its massive Starship rocket as the primary vehicle to deliver the spacecraft to orbit. SpaceX filed an amendment with the Federal Communications Commission that included
Image Source | Getty Images Many Americans have trouble covering their costs of living with income solely from Social Security. Now, a bill has been reintroduced in Congress aimed at reducing the risk that older Americans, women and people of color will live in poverty despite receiving their monthly checks. The proposal, called the Social
This Walnut Creek, Calif. home was damaged in a fire but that didn’t stop it from being a hot listing. Melinda Byrne A fire-damaged home in Walnut Creek, California, sold for precisely $1 million on Thursday. The accepted offer came significantly over listing price. The two-story, four-bedroom initially listed for $850,000 and immediately incurred a
BABA remains uninvestable, but that doesn’t mean its untradable.
Key Findings Taxpayers reported nearly $11.8 trillion of total income on their 2018 tax returns. About 67 percent ($7.9 trillion) of the total income reported on Form 1040 consisted of wages and salaries, and 82 percent of all tax filers reported earning wage income. Retirement accounts such as 401(k)s and pensions are important sources of
zacks.com zacks.com/ultimate
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil dropped for a sixth-straight session on Thursday, falling to the lowest level since May as demand fears and comments from the Federal Reserve that it will suspend
An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with more than $90 million worth of digital coins. Liquid said some of its digital currency wallets had
In this article KSS People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Shares of Kohl’s fell more than 3% in premarket trading Thursday despite reporting second-quarter earnings that beat analyst expectations and raising its forecast for
It’s no secret that Jack Dorsey, CEO of Twitter and Square, loves bitcoin, the largest cryptocurrency by market value. In fact, the bitcoin maximalist has touted it as the most important project in his lifetime to work on, and Square, his digital payments company, bought over $170 million worth of bitcoin earlier this year. Now, the billionaire
Although many Americans continue to face financial uncertainty due to the pandemic, the outlook for retirement savers is only improving. Retirement account balances, which took a sharp nosedive in 2020 when the coronavirus outbreak caused economic shock waves, are now at new highs, according to the latest data from Fidelity Investments, the nation’s largest provider
Flood waters stream down the road in Muhlenberg Township, Pennsylvania, after a major storm last August. Ben Hasty | MediaNews Group | Getty Images Climate change and its devastating impact are accelerating faster than ever, according to a new report from the United Nations’ Intergovernmental Panel on Climate Change. Hurricanes are becoming stronger, rainfall heavier
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
This week’s map shows the five states that have an Alternative Minimum Tax (AMT) in their individual income tax codes: California, Colorado, Connecticut, Iowa, and Minnesota. Under an individual alternative minimum tax, many taxpayers are required to calculate their income tax liability under two systems and pay the higher amount. The federal AMT was created in 1963, after Congress
It doesn’t get much better than the earnings charts for these five technology companies.
Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images Severe rainstorms and flooding in China are hurting the profits of insurance companies, and highlight the shortfalls of the country’s natural disaster insurance system. Flooding
Beijing office towers, including Alibaba’s, are illuminated with Chinese characters reading ‘blessing to China’ to celebrate National Day in October 2020. Zang Zhihao | Visual China Group | Getty Images BEIJING — American investors’ shock at an ongoing regulatory crackdown in China points to a fundamental difference between the two countries that many didn’t seem