Month: September 2023

Traders work on the floor of the New York Stock Exchange, July 12, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Oracle — Shares dipped more than 12% a day after the software company posted disappointing earnings and revenue guidance for its fiscal second quarter. Oracle’s revenue, which came in at
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Lauren Rosenberg, right, of Portland, Maine, and her nanny, left, set out toys for Rosenberg’s children. Portland Press Herald | Portland Press Herald | Getty Images Child care is already scarce and expensive — and the stakes are about to get higher. The federal government provided states with nearly $24 billion in stabilization funds to
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Public policy has been the major factor preventing the integration of retirement plan components: financial asset management, annuities and HECM reverse mortgages. As a result, annuities and HECMs are substantially underutilized, potential synergies between them are unrealized, and the retirees who use these markets often overpay. The result, illustrated by the chart below, is that
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A federal jury in Detroit has found Ryan Richmond of Bloomfield, Michigan, guilty on charges including evading federal income taxes and obstructing the IRS. According to the original indictment, Richmond owned and operated Relief Choices LLC, a medical marijuana dispensary in Warren, Michigan. Warren is a short drive north from Detroit. Legality Of Cannabis Under
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In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares moved 9% lower in extended trading on Monday after the database software maker disclosed revenue and revenue guidance
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Kate_sept2004 | E+ | Getty Images Whether it’s navigating a stock market downturn, hawkish Federal Reserve policy or banking instability, we’re dedicated to helping consumers make smart money decisions. But CNBC’s personal finance team also recognizes the value of professional advice and a comprehensive financial plan, regardless of life stage or level of wealth. Our mission is the primary
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Mason King Courtesy: Mason King More than a year of recessionary forecasts have created “a highly unusual market,” said Mason King, a principal of Luther King Capital Management in Fort Worth, Texas, which ranked No. 1 on CNBC’s list of the top 100 financial advisors in the U.S. for 2023. As a whole, the current climate has created
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Wendee Goles Courtesy: Wendy Goles In July, Wendee Goles saw headlines that the Biden administration planned to cancel the student loans of more than 800,000 people. Even though she seemed to fit the description of eligible borrowers — those who had made payments for decades through an income-driven repayment plan — she didn’t get her hopes
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In this article NVAX MRNA PFE Follow your favorite stocksCREATE FREE ACCOUNT A health-care worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The Food and Drug Administration on Monday approved updated Covid
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The Covid pandemic-induced growth in working from home (WFH) continues rippling through the economy, highlighting tensions for both employees and employers. If you work from home at least part of time, you’re part of a major shift in the professional labor market, but don’t get too comfortable—things will keep changing. Last week, Meta started requiring
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