Ferrari's Record Year Ignites Investor Excitement for Future
Ferrari is a luxury sports vehicle company that exceeded both the top- and bottom-line earnings projections of Wall Street for the fourth quarter, capping a record-breaking year of profits.
Feb 02, 2024 1:00 PM EST
Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project
Due to market conditions and the sluggish distribution of U.S. grant funds, Intel is postponing the development of its $20 billion chip manufacturing project in Ohio, according to a Wall Street Journal story published on Thursday.
House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions
The House approved a bill on Wednesday that would prolong certain business tax credits and enhance the important incentive for parents, bringing the Child Tax incentive one step closer to a makeover.
Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound
As the spring housing market draws near, potential homeowners will be pleased to learn that the average long-term U.S. mortgage rate decreased this week.
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Can Wall Street's Darling Meta Lean on Dollar Deals from Temu and Shein?
Temu and competitor Shein are smearing advertisements on Facebook and Instagram in an attempt to establish their brands and draw customers away from Alibaba's and Amazon.
Feb 01, 2024 2:56 AM EST
Wall Street Secret Revealed: Invest in This Underdog for Dividend Growth That Beats the Giants
The fact that there is no one-size-fits-all formula for success is among the finest things about investing on Wall Street. There's virtually likely a method that can increase your wealth over time, depending on your objectives, level of investing risk tolerance, and hobbies.
Jan 31, 2024 7:50 AM EST
Starbucks Sales Flatline as US Boycotts and China Cools Off
Starbucks failed Wall Street's forecasts with its quarterly profits and revenue announcement on Tuesday, as both its domestic and foreign sales fell short of projections.
Jan 31, 2024 7:10 AM EST
Oklahoma Teachers Scramble To Repay Thousands for Mistaken Bonus
Education authorities in Oklahoma are making an effort to recover incentives totaling at least $290,000 that they inadvertently gave to multiple instructors.
Jan 31, 2024 6:20 AM EST
Investors Ditch Flashy Brands for Understated Luxury Powerhouses
One of the most popular social media fashion trends of the previous year was quiet luxury. Unlike other fads that came and went on TikTok or Instagram, quiet luxury has proven real returns and found its way into investment portfolios.
Jan 31, 2024 5:49 AM EST
Investor Alert: The Vital Link Between Big Tech Earnings and the Ongoing Market Rally
The IT sector still dominates the stock market. While experts have called for a broadening out of the market recovery, new data from FactSet indicates that they believe Big Tech firms will be the primary driver of Q4 earnings growth for the S&P 500.
Jan 31, 2024 1:44 AM EST
Online Shopping Fuels Easy Return Abuse, Costing Retailers Billions
Retailers relaxed their online return conditions more than ever in an attempt to attract customers and increase sales in recent years. But there is a price for such adjustments.
Jan 30, 2024 9:03 PM EST
Army Recruitment Crisis: A New Strategy Amid Falling Numbers
The Army is adjusting its target recruitment pool to keep up with trends in the U.S. labor market and difficulties competing for potential recruits ...
Jan 30, 2024 11:38 AM EST
Investors Bank on Fed Capitulation, Sending Bond Yields Soaring
At this week's policy meeting, bond investors anticipate that the Federal Reserve will renounce its program of raising interest rates, preparing the market for the possibility of numerous rate cuts this year-the first since the COVID-19 epidemic began in 2020.
Jan 30, 2024 5:24 AM EST
Biden Takes Aim at Federal Pay Disparities on Law's 15th Anniversary
The Biden administration is taking additional steps to help fix wage disparities for federal employees and employees of government contractors on Monday, the 15th anniversary of a historic federal pay equality statute.
Jan 29, 2024 8:57 PM EST
The Only Retirement Guide You'll Ever Need - Start Planning Now
Retirement isn't just about reaching a certain age and stopping work. It's a major life transition that requires financial, emotional, and lifestyle preparation ...
Jan 29, 2024 4:25 PM EST
Record Numbers Lose Shelter as Rents Skyrocket Nationwide
Due to the financial strain caused by rising rents in recent years, an increasing number of Americans are becoming homeless.
Jan 29, 2024 7:01 AM EST
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