In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit, beating Wall Street’s estimates. The athletic apparel retailer now expects
Month: August 2023
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT General view of the UBS building in Manhattan on June 5, 2023 in New York City. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images UBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday, after
Dry cannabis flowers inside the packaging room at the Aphria Inc. Diamond facility in Leamington, Ontario, Jan. 13, 2021. Anne Sakkab | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Salesforce — The cloud software company saw its stock jump 3% after it announced quarterly results and guidance that surpassed
Some kids gain confidence from report cards and gold medals. Dallas Mavericks owner Mark Cuban built his by dancing. His mother taught him after the 12-year-old Cuban chipped his two front teeth and was forced to wear “silver stainless steel” caps, he told NBC’s “TODAY” last year. “I was a little short chubby kid [and] my
(Click here to subscribe to the Delivering Alpha newsletter.) “It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder David Rubenstein recently said in an interview for a CNBC podcast. Historically, that purported upside has only been enjoyed by the wealthiest of the wealthy. But most major U.S. sport leagues have – just within the last
Source: Envato Elements Job openings and layoffs dropped slightly for another consecutive month in July, according to government data released on Tuesday. That slowdown is a sign the labor market is getting back to pre-pandemic patterns, economists say. The number of job openings edged down to 8.8 million in July, dropping from 9.58 million in June, reported
Higher income earners received a momentary reprieve from the Internal Revenue Service (IRS). A planned change to catch-up contributions and how they’re classified for tax purposes was set to go into effect in 2024, but the IRS announced it will delay the change until 2026. When the Secure Act 2.0 of 2022 passed, it scheduled
The IRS has announced that beginning Jan. 1, 2024, businesses that are required to file Form 8300, Report of Cash Payments Over $10,000, may be required to file electronically instead of filing a paper return. Cash Reporting Requirements Under U.S. law, any individual or business who receives more than $10,000 in one transaction or a
Fall is almost here. If it’s been a busy summer filled with fun and travel, your home has probably been the last thing on your mind. So, if things need a little repair or refresh, now is the time. Remember, the holidays are just around the corner, so it’s important to get your home in
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks’ iced pumpkin cream chai tea latte. Source: Starbucks In most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is already here. Halloween candy and pumpkin spice lattes used to wait until after Labor Day
In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric-vehicle maker Polestar on Thursday reiterated that it still expects to deliver at least 60,000 EVs in 2023, with a
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability. The company reported overall net operating
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Whenever you’re traveling somewhere by plane, you have to pack, get to the airport, go through security, find your gate and — in the last step before you can finally relax while being taken to your destination —board the aircraft. “Boarding is one of the
Millions of widowed, divorced or otherwise single adults live alone. With the changes of aging, new dangers emerge. Frailty, cognitive decline, and failing health set them up for serious situations and trips to the hospital. We consult about what to do here at AgingParents.com. Some of the issues friends, neighbors and distant family members bring
When people think of tax evasion and prison sentences, the first thought is Wesley Snipes, Todd Chrisley, or the recently dropped charges against Hunter Biden. Prison for tax fraud and evasion seems like it only happens to the rich and powerful; however, anyone can end up in prison for these crimes. The DOJ Is Actively
When it comes to housewarming gifts, most people think of kitchen gifts and bathroom gifts. However, experts recommend sleeping 8 hours a day – which is one-third of each 24-hour period. And even people who don’t reach the 8-hour threshold spend well over 6 hours a day in the bedroom, either sleeping or lounging in
A woman with a Shein bag after entering its first physical store in Madrid, June 2, 2022. Europa Press News / Contributor Fast-fashion juggernaut Shein is facing more scrutiny from elected officials in the U.S. who want the company to prove it doesn’t use forced labor before it files for a widely rumored initial public
In this article BF.B Follow your favorite stocksCREATE FREE ACCOUNT Jack Daniel’s Tennessee Whiskey Getty Images Jack Daniel’s maker Brown-Forman on Wednesday fell short of Wall Street expectations for its first quarter of fiscal 2024, plagued by lagging whiskey sales, supply challenges and a significant inventory rebuild. Net sales for whiskey products decreased by 1%, led
Haitham al-Ghais, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), speaking at the Energy Asia Summit on June 26, 2023. Bloomberg | Bloomberg | Getty Images What do toothpaste, deodorant, soap, cameras, computers, gasoline, heating oil, jet fuel, car tires, contact lenses and artificial limbs have in common? If oil vanished today, these and
eclipse_images | E+ | Getty Images So-called junk fees can be tricky. The Consumer Financial Protection Bureau has been scrutinizing some banking fees, including those for overdrafts and non-sufficient funds, that can catch customers by surprise — and are “likely unfair and unlawful,” according to the agency. The consumer watchdog proposed a rule prohibiting financial institutions from charging certain fees on
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