Oscar Statue at the Academy of Motion Picture Arts and Sciences on February 23, 2019 in Beverly Hills, California. Rodin Eckenroth Four years after it introduced major changes to its voting and recruitment rules, the organization behind the Academy Awards still has a diversity problem. The Academy of Motion Picture Arts and Sciences in 2016
Month: January 2020
Traders signal offers in the Ten-Year Treasury Note Options pit at the Chicago Board of Trade. Scott Olson | Getty Images Wall Street firms just posted the biggest surge to bond-trading revenue in years, helping several banks break records for annual profit — but don’t expect the party to last. Morgan Stanley said earlier Thursday
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images TE Connectivity This week, Wells
Getty Images Earlier this month, scores of high school seniors submitted their applications to college. Now comes the worst part: waiting. In the wake of a college admissions scandal and as the super-low admission rate at many top colleges receives widespread attention, the business of getting in to college is more intense than ever. However,
View of the 20th Century Fox logo during the CinemaCon Walt Disney Studios Motion Pictures Special presentation at the Colosseum Caesars Palace on April 3, 2019, in Las Vegas, Nevada. VALERIE MACON Nearly a year after acquiring 21st Century Fox’s film and television assets, Disney is dropping the Fox name from its studios’ names. The
CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain. Juan Naharro Gimenez | Getty Images Here are the most important things to know about Tuesday before you hit the door. 1. Netflix reports
Jeff Bezos CEO of Amazon. Joe Klamar | AFP | Getty Images There’s an exclusive club on Wall Street and it might let Amazon back in this year. The so-called trillion-dollar club, which includes tech giants Apple, Microsoft and now Google-parent Alphabet, is the group of companies with a market value of $1 trillion or
Senior couple going through their financial bills while paying them online on a terrace. Focus is on woman. skynesher Retirement income is often thought to come from three sources: Social Security, pensions and savings. That combination is often called a three-legged stool, a metaphor for the money retirees use to support themselves once they are
Corie Barry, chief executive officer of Best Buy Co., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., U.S., on Wednesday, Oct. 23, 2019. Sarah Silbiger | Bloomberg | Getty Images Best Buy‘s board is probing allegations that the CEO Corie Barry had an “inappropriate” relationship with another company executive, the Wall Street Journal
Fluorescent shipping containers, billiard tables atop AstroTurf, and his signature “MATH” campaign signs plastered to the walls greeted Democratic presidential candidate Andrew Yang on Thursday night at a fundraiser in downtown San Francisco. Hundreds of supporters braved a torrential downpour and a line that wrapped around city blocks to see the entrepreneur and nonprofit executive,
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 15, 2020. Brendan McDermid | Reuters Wall Street may be getting a bit too excited about the stock market’s hot start to the new year. The S&P 500 has already jumped nearly 3% for 2020, rising more than
Conversations with kids can be adversarial at the best of times. Combine teens, money and something they want, and you’ve got all the ingredients for a situation. If your family hasn’t been in the habit of holding regular financial chats, the risk is even higher for the talk to turn negative, says Thomas Henske, a
Tennessee Gov. Bill Lee speaks during a Gospel Music Association ceremony in Nashville. He plans to sign an adoption bill that the LGBTQ community and many businesses say is discriminatory. Terry Wyatt | Getty Images Businesses are expressing disappointment in response to Gov. Bill Lee’s plans to sign an anti-LGBTQ adoption bill into law. The
Understanding the relationship between bond risk and time to maturity and duration of a bond provides the basis for understanding the bond yield curve. The yield curve shows the yields to maturity for a series of bonds—typically US Treasury bonds—with the same credit quality but different maturity dates, along with the term structure for interest
Ivy Park Collection with Beyonce Source: Adidas Adidas is banking on pop icon Beyonce, who’s dominated the airwaves for more than two decades, to do the same for the company with her new adidas x Ivy Park activewear collection, which makes its debut in adidas stores and online at midnight. Beyonce’s Ivy Park collection originally
David Tepper, founder of Appaloosa Management, said Friday he still likes this bull market, which is the longest on record. ”I love riding a horse that’s running,” Tepper told CNBC’s Joe Kernen in an exclusive email. ”We have been long and continue that way.” The current bull market started in March of 2009. Since then, the S&P 500
The Royal Mint A rare British coin featuring the profile of abdicated King Edward VIII has sold for a record £1 million ($1.3 million). The coin was created following Edward VIII’s ascension to the throne in January 1936, but was never released to the public after he gave up the throne to marry American divorcee
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant’s shares continue to surge. However, the latter cautioned that inflated iPhone 12 expectations “may make the music stop” and questioned market enthusiasm about a “5G supercycle.” In
China’s President Xi Jinping raises a toast to celebrate the 70th anniversary of the People’s Republic of China at the Great Hall of the People in Beijing. NOEL CELIS | AFP | Getty Images China said Friday its economy grew by 6.1% in 2019, meeting expectations even amid a trade dispute with the U.S. Analysts
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020. Brendan McDermid | Reuters What investors are willing to pay for stocks relative to their long-term earnings growth expectations is at an all-time high, according to Bank of America. The price-earnings to growth ratio, commonly called
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