Month: January 2021

Stimulus checks printed at the Philadelphia Financial Center in Philadelphia. Jeff Fusco | Getty Images Many Americans are waiting for their second stimulus check and others want to know when they could possibly get a third payment.  The $1.9 trillion Covid relief plan pushed by President Joe Biden includes a third round of  $1,400 stimulus
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As department stores like Saks Fifth Avenue try to get shoppers back into stores after the Covid-19 pandemic shutdowns, the shift to online sales may continue to accelerate thanks to personalization technology. Richard Lautens | Toronto Star | Getty Images Personal shopping services once reserved for the wealthiest consumers are becoming increasingly popular amid the
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If you’re the type of eager beaver who likes to get your taxes done early every year, you’ll have to wait a bit longer than usual to file your 2020 return — until well after Groundhog Day, in fact. The IRS recently announced that it won’t begin accepting returns until February 12, which is 16
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Recognize the photograph above? It adorns walls, computer screens and websites for psychiatrists and financial planners. It’s also on shower curtains, tote bags, maxi dresses, neck gaiters and ruffled bathing suits. Though seemingly too beautiful to be real, the scene depicts an actual place. It’s Arashiyama Bamboo Grove, one of the most famous sites in
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McDonald’s on Thursday reported that its U.S. same-store sales jumped to 5.5% in its latest quarter, but the coronavirus pandemic is still adding costs and slowing recovery in many of its international markets. Shares of the company fell about 1% in premarket trading. Here’s what the company reported for the quarter ended Dec. 31 compared
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Tesla reported earnings after the bell and it’s a miss on earnings, but another profitable quarter for Elon Musk’s electric vehicle and solar business. Shares were down about 3% after hours. Here are the results, versus what analysts were expecting according to estimates compiled by Refinitiv: Earnings: 80 cents adj. vs $1.03 per share expected Revenue: $10.74
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Facebook stock was up in after-hours trading on Wednesday after the company reported its fourth-quarter earnings. The company warned the looming changes in Apple’s iOS 14 and a reversal in pandemic trends could hurt its advertising business. Here are the numbers: Earnings: $3.88 per share vs $3.22 per share forecast by Refinitiv Revenue: $28.07 billion vs $26.44 billion
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Levi’s clothes are seen on a store shelf in Miami, Florida. Joe Raedle | Getty Images Levi Strauss & Co. reported Wednesday its total holiday-quarter sales dropped 12%, marking an improvement from a more than 20% decline in the prior period, as weak shopper traffic at its stores was partially offset by double-digit growth online.
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Apple CEO Tim Cook reveals the new iPhone 12. Source Apple is set to report its first quarter earnings after the bell Wednesday. Here’s what Wall Street is expecting: EPS: $1.41, according to Refinitiv consensus estimates Revenue: $103.28 billion, according to Refinitiv consensus estimates If Apple hits Wall Street expectations, it will be the company’s
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Bill Gates was “very surprised” when he and Dr. Anthony Fauci became the targets of “crazy” and “evil” conspiracy theories related to the ongoing coronavirus pandemic, Gates told Reuters on Wednesday. The billionaire Microsoft co-founder and White House advisor Fauci, the nation’s top infectious diseases expert, have been frequent targets for baseless coronavirus conspiracy theories,
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The Boeing 737 Max airplane prepares to land after a test flight in Seattle, Washington, Sept. 30, 2020. Mike Siegel | The Seattle Times | Bloomberg via Getty Images Boeing reported fourth-quarter and 2020 results before the opening bell Wednesday, as it details the damage of the extended grounding of its 737 Max and the
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Starbucks on Tuesday reported that its U.S. same-store sales fell 5% during its fiscal first quarter after a surge of new Covid-19 cases led to harsher dining restrictions. The company also announced that COO Roz Brewer will be leaving Starbucks at the end of February. People familiar with the matter told CNBC later Tuesday that
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Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty Images AMD stock was flat in extended trading after the
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Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported fiscal second-quarter earnings Azure cloud revenue growth and quarterly revenue guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $2.03 per share, adjusted, vs. $1.64 per share as expected by analysts, according to Refinitiv. Revenue: $43.08 billion,
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Billionaire investor Mark Cuban has been bullish on the future of artificial intelligence for years, and he makes it a priority to learn about and invest in AI. In fact, Cuban asks himself “How good is the company at AI?” before investing, he tweeted on Saturday. “It’s the foundation of how I invest in stocks these days. The companies
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Johnson & Johnson Coronavirus vaccine illustration Dado Ruvic | Reuters Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that beat Wall Street’s expectations. The company also said it would release key details on its coronavirus vaccine “soon.” Here’s how J&J did compared with what Wall Street expected, according to average estimates compiled by Refinitiv:
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The secret to a happy life isn’t an abundance of wealth — and yet, we often hear people say they want more money. But rarely anyone says they have too much, or just enough. In my 30 years of researching money and happiness, one of the most remarkable individuals I’ve ever met was a Japanese
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Seychelles this month became the first nation to welcome vaccinated travelers from all over the world, sparking excitement among international travelers. But there are reasons some travelers — even vaccinated ones — may want to wait. A sudden rise in cases Throughout 2020, Seychelles reported enviably low Covid-19 infection rates. Except for a small spike
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MARK RALSTON | AFP | Getty Images Someone in Michigan is kicking off their weekend a whole lot richer. A single ticket sold in the Wolverine State hit all six numbers drawn Friday night to land the $1 billion Mega Millions jackpot. The prize had been climbing for 37 weeks with no winners through twice-weekly drawings.
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