text size Kyrsten Sinema, Democratic Senator from Arizona Drew Angerer/Getty Images Democratic Party leaders have reached an agreement with moderate holdout Senator Kyrsten Sinema, taking her climate and health bill one step closer to becoming a reality. However, the deal could bring important changes to corporate taxation, particularly in the case of share buybacks. Sinema, … Read more
“I want to know if I can retire,” Marie said, dropping her investment file on my desk and sitting across from me. It was typical of many early retirees everywhere trying to figure out when to stop working. When I was a financial planner, many of my clients, like Marie, thought this was a simple … Read more
“I want to know if I can retire,” Marie said, dropping her investment file on my desk and sitting across from me. It was typical of many early retirees everywhere trying to figure out when to stop working. When I was a financial planner, many of my clients, like Marie, thought this was a simple … Read more
“I want to know if I can retire,” Marie said, dropping her investment file on my desk and sitting across from me. It was typical of many early retirees everywhere trying to figure out when to stop working. When I was a financial planner, many of my clients, like Marie, thought this was a simple … Read more
“I want to know if I can retire,” Marie said, placing her investment file on my desk and sitting across from me. It was typical of many early retirees everywhere trying to figure out when to stop working. When I was a financial planner, many of my clients, like Marie, thought this was a simple … Read more
Shares of Advanced Micro Devices Inc. declined in Tuesday’s extended session after the chipmaker’s revenue forecast fell below Wall Street consensus after reporting record sales, beating Street’s expectations and reporting a huge jump in data center sales was. “To take a step back, although the PC market has continued to weaken in recent months, we … Read more
After the stock shed about two-thirds of its value over the past year, PayPal Holdings Inc. released a jam-packed earnings report on Tuesday, announcing a new chief financial officer, buyback approval and a cost-cutting program, while also confirming activists at Elliott Management Corp . involved in the company. Additionally, the company beat expectations with its … Read more
After the stock shed about two-thirds of its value over the past year, PayPal Holdings Inc. released a jam-packed earnings report on Tuesday, announcing a new chief financial officer, buyback approval and a cost-cutting program, while also confirming activists at Elliott Management Corp . involved in the company. Additionally, the company beat expectations with its … Read more
It was a rally. The S&P 500 SPX, +1.42% started the week at a seven-week high, bolstered by hopes for a less hawkish Fed and a sense that earnings pessimism was overdone. The benchmark stock index is up 12.6% from its recent low in June and has posted its best July performance since 1939, according … Read more
The world’s major technology companies all released their quarterly results last week, and in each case the damage from a weakening global economy was clearly evident. The witchcraft of rising interest rates, higher fuel costs, the Russian attack on Ukraine, ongoing supply chain problems and the strengthening US dollar is infecting every tech company. “We’ll … Read more