The U.S. Securities and Exchange Commission headquarters in Washington. Al Drago/Bloomberg via Getty Images Robo-advisor firm Betterment agreed on Tuesday to settle charges with the U.S. Securities and Exchange Commission for $9 million over alleged failures related to an automated tax service. The sum will be distributed among roughly 25,000 client accounts, which lost about
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix gift cards are seen in a shop in Krakow, Poland on June 13, 2022. Jakub Porzycki | Nurphoto | Getty Images There’s overwhelming support among Hollywood writers to strike for more money. But their timing is far from ideal. Netflix revealed Tuesday it spent
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Artur Widak | NurPhoto | Getty Images Johnson & Johnson reported adjusted earnings and revenue that topped Wall Street’s expectations on Tuesday, and lifted its full-year forecast. J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Wednesday beat expectations for first quarter profit and revenue on better-than-expected trading results. Here’s how the company did:
Hangzhou in China is one of the cities where wealth has grown the fastest in the past decade, a new report says. Zhuzhu | Istock | Getty Images Despite recession concerns and market turbulence, wealth is growing in some parts of the world — and at times, significantly so, according to a new report by
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Today’s homebuyers appear to be increasingly sensitive to weekly moves in mortgage rates. While home prices are easing some, affordability is still a major hurdle, especially as more first-time buyers enter the market. Last week, the average contract
Students have just a few weeks to figure out which college they will attend ahead of National College Decision Day on May 1, which is the deadline many schools set. But with a record-breaking increase in applications pushing acceptance rates to all-time lows, some college-bound seniors may have a tough decision to make, or pivot to
In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Lululemon is looking to sell its at-home fitness business Mirror and has approached competitor Hydrow as a potential buyer, CNBC has learned. Multiple parties have
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A view of a United Airlines plane at Barcelona Airport in Barcelona, Spain, on February 27, 2023. Joan Valls | Nurphoto | Getty Images United Airlines reported a loss for the first three months of the year but forecast a profit for the second quarter,
LinkedIn has released its annual list of top companies in Singapore to work for — and banking and information technology companies dominated the 2023 list. The list of top companies also saw a huge reshuffle this year, which is a testament to “Singapore’s strong business ecosystem,” according to the professional networking platform. Compared to 2022,
Japan wants travelers to go beyond the country’s iconic tourist sites — and consider spending their yen in lesser-known locations. The government-backed Japan Tourism Agency selected 11 destinations as part of a “model tourism” project to get “high-value-added” inbound travelers to visit different parts of the country, according to a press release. The 11 destinations
Uwe Krejci | Digitalvision | Getty Images The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect. However, consumers in the market for an electric passenger vehicle can still access a tax break
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images WILMINGTON, Del. – Fox Corp. and its cable networks agreed Tuesday to settle a defamation lawsuit by Dominion Voting Systems
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Netflix is scheduled to report first-quarter earnings after the bell on Tuesday, and investors will be paying close attention to subscriber numbers, especially for its ad-supported tier. While Netflix will no longer provide guidance for subscribers, it will
In this article LMT NVDA GS JNJ LUV Follow your favorite stocksCREATE FREE ACCOUNT The Lockheed Martin logo is seen on a building in Annapolis Junction, Maryland, on March 11, 2019. Jim Watson | AFP | Getty Images Check out the companies making headlines in midday trading. Lockheed Martin – Shares of the aerospace and
Getty Images The federal tax deadline for most Americans is April 18, and there’s still time to file for an extension. But the clock is ticking. As of April 7, the IRS received more than 101 million returns, but the agency expects to receive in excess of 168 million through the end of the
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flames burn on a natural gas-burning stove. Scott Olson | Getty Images A federal appeals court ruled Monday that Berkeley, California, cannot enforce a ban on natural gas hookups in new buildings, saying a U.S. federal law preempts the city’s regulation. The ruling from the 9th U.S. Circuit Court of Appeals in San Francisco was a
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The U.S. government wastes billions of taxpayer dollars every year. Improper payments, which refer to payments that are made incorrectly by the government, cost the U.S. $247 billion in 2022, according to the Government Accountability Office. The U.S. government has lost almost $2.4 trillion in simple payment errors over the last two decades, by GAO