A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023.Johnny Milano | Bloomberg | Getty ImagesBed Bath & Beyond on Sunday filed for Chapter 11 bankruptcy protection after it failed in several last-ditch efforts to raise enough money to keep the company alive.The beleaguered home… […]
Big bank earnings are behind us. After hearing from the nation’s biggest institutions over the past couple weeks, we can breath a sigh of relief: They were better than feared. Many investors were understandably worried about the banking sector heading into this first-quarter earnings season following the collapse of Silicon Valley Bank (SVB) and two… […]
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Super Micro Computer rallied about 29% after a special committee reiterated that it found “no evidence of misconduct” at the embattled artificial intelligence server maker, and appointed […]
President-elect Donald Trump’s nominee to be Secretary of Defense Pete Hegseth leaves the Russell Senate Office Building on November 21, 2024 in Washington, DC. Kevin Dietsch | Getty Images Pete Hegseththe already embattled choice of President-elect Donald Trump to lead the Pentagonfaces a new magazine report detailing his alleged alcohol abuse, sexual improprietyand mismanagement while […]
The 10-year Treasury traded around flat on Monday as investors parsed the latest manufacturing data. The yield on the benchmark U.S. 10-year Treasury was little changed at 4.197%. On Fridaythe 10-year Treasury yield had fallen to its lowest levels since late October. Meanwhile, the2-year Treasuryyield rose roughly 1 basis point to 4.188%. One basis point […]
Governor Newsom speaks as he signed into law the most significant bipartisan legislation to crack down on property crime at a Home Depot store in San Jose, California, United States on August 16, 2024. Tayfun Coskun | Anadolu | Getty Images Gov. Gavin Newsom’s special legislative session to safeguard California from potential “federal overreach” by […]
Kai Cenat at the 2023 Streamy Awards held at the Fairmont Century Plaza Hotel in Los Angeles on Aug. 27, 2023. Christopher Polk | Penske Media | Getty Images Creator Kai Cenat broke the record for the highest subscriber count on Amazon’s Twitch during a nonstop live stream for the entire month of November. Cenat […]
Last week, the Canadian government announced their updated 2021 CPP contribution rates in addition to confirming the TFSA room for next year. Employers and employees throughout Canada are required to contribute into the Canada Pension […]
President-elect Donald Trump speaks at the U.S.-Mexico border on August 22, 2024 south of Sierra Vista, Arizona. Rebecca Noble | Getty Images News | Getty Images A signature campaign promise of President-elect Donald Trump is to initiate mass deportations of undocumented residents of the United States. At a Sept. 12 campaign stop in Tucson, Arizona […]
Mementojpeg | Moment | Getty Images Borrowers should ‘not let it get this far’ Borrowers should receive numerous notices from their student loan servicers before they go into delinquency or default, said higher education expert Mark Kantrowitz. Usually, your payment has to be around 90 days late for it to be reported to the credit […]
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