An employee assembles an excavator at the Caterpillar Inc. manufacturing facility in Victoria, Texas. Callaghan O’Hare | Bloomberg | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Caterpillar earnings Industrial giant Caterpillar is set to report quarterly earnings before the bell Friday. Investors will look
Month: January 2020
Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, January 7, 2020. Aly Song | Reuters Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1 billion-plus on Thursday as the company’s stock rocketed higher after its better-than-expected earnings report. Tesla popped 11.4%
eclipse_images | E+ | Getty Images If you can’t beat the crypto crowd, it might be time to join them, experts say. Virtual currency and its underlying technology, blockchain, are here to stay – and that means both will play some role in investors’ lives. “It’s actually very hard to decouple blockchain and bitcoin,” said
If you’re going to put in all the work to save for your family’s future, you should protect it as well. Life insurance is a key component of every solid financial plan, yet it’s often the last thing most people want to think about. Over a third of adults who were asked by personal finance
Southwest Airlines flight 1117 from St. Louis lands at Boston Logan International Airport on March 13, 2019. (Photo by John Tlumacki/The Boston Globe via Getty Images) John Tlumacki | The Boston Globe | Getty Images U.S. carrier Southwest Airlines flew millions of passengers over a two-year period on planes that had “unconfirmed maintenance records,” according
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola is expected to report its fourth-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 44 cents expected Revenue: $8.9 billion
Check out the companies making headlines before the bell: Coca-Cola (KO) – The beverage giant matched estimates with quarterly earnings of 44 cents per share, with revenue above Street forecasts. Coca-Cola also said it had its largest market share gain – as measured by value – in nearly a decade. Verizon (VZ) – Verizon missed
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup is making a push for investors’ dollars with a new digital robo-adviser that’s free for customers with at least $50,000 in deposits or investments at the bank. That’s the threshold needed to qualify for
PeopleImages | E+ | Getty Images Tax season is starting off with a whimper, as 1 in 5 people predict they will owe the IRS this tax season. Those were the findings from a recent survey by NerdWallet. The personal finance website polled 2,002 adults online from Nov. 18 through Nov. 20, 2019. Taxpayers who
This is a live blog. Please check back for updates. All times below in Beijing time. 7:50 pm: Chinese officials confirm death toll rises to 170 China’s National Health Commission confirmed an additional 38 deaths and 1,737 new cases. Officials said that brings their total to 170 deaths and 7,711 cases, as of the end
A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing is set to report fourth quarter earnings before the bell Wednesday. Here’s what Wall Street is expecting: EPS: $1.47 according to Refinitiv analyst estimates Revenue: $21.67 billion according to Refinitiv analyst estimates. Boeing is struggling through
The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell: Facebook – The social media giant’s shares plummeted 7% in extended trading on Wednesday after the company showed a 51% rise in
Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, tosses a newspaper as he tours the exhibition floor during the Berkshire Hathaway Inc. annual shareholders meeting in Omaha, Nebraska. Daniel Acker | Bloomberg | Getty Images Warren Buffett’s Berkshire Hathaway is leaving the newspaper business and selling its operations to publisher Lee Enterprises for
The Federal Reserve building is pictured on Tuesday August 6, 2019. Caroline Brehman | CQ-Roll Call Group | Getty Images The Federal Reserve‘s decision Wednesday to keep interest rates steady came as a relief to many. For good reason. Although the federal funds rate, which is what banks charge one another for short-term borrowing, is
People with protective face masks pass in front of a thermal scanner as they enter a shopping mall in Bangkok on January 29, 2020. Mladen Antonov | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. 7:36 am: Death toll of coronavirus climbs
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook is set to report
(This is a live blog. Check back for updates.) Federal Reserve Board Chairman Jerome Powell holds a news conference on October 30, 2019 in Washington, DC. Eric Baradat | AFP | Getty Images 2:01 pm: Interest rates unchanged, but Fed ups interest paid on excess reserves Though the Fed kept its benchmark rate steady, it
Tesla co-founder and CEO Elon Musk gestures while introducing the newly unveiled all-electric battery-powered Tesla Cybertruck at Tesla Design Center in Hawthorne, California on November 21, 2019. FREDERIC J. BROWN | AFP | Getty Images Tesla bear Bank of America was forced to hike its forecast on the electric carmaker’s stock, after its massive rally
With the Powerball jackpot close to $400 million, you may be daydreaming about what you would do if you win. Among past recipients of huge jackpots — whether Powerball or Mega Millions — some common themes emerge when it comes to how they intended to handle their sudden windfall, based on a review of recent
Virologist Sandro Halbe observes cell culture dishes in a research laboratory of the Institute of Virology at the Philipps University of Marburg. The novel coronavirus, which has made hundreds of people sick in China, also employs scientists from Hessen. Arne Dedert | Getty Images DUBAI, United Arab Emirates — The first cases of the deadly
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