Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: INVESTORS
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
A couple from Utah has lost their IRS jobs due to significant layoffs mandated by the Trump administration as part of budget cuts. With many federal employees facing uncertainty, it's crucial to avoid withdrawing retirement savings prematurely, which can incur taxes and penalties. Instead, consider rolling over to an IRA and maintaining contributions to safeguard your financial future during job transitions.
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
IBM is reaching new all-time stock highs, prompting discussions about its potential inclusion in the elite group known as the 'Magnificent Seven' alongside tech giants like Apple and Alphabet. Despite a history as a leading technology player, IBM's recent growth is tied to strong free cash flow and its roles in hybrid cloud and generative AI. Analysts highlight that while IBM's current revenue growth expectations may be modest, the company's unique position in consulting and software could fuel its performance moving forward.
Source: YAHOO
Reported about 1 month ago
Paramount Global is set to lay off 3.5% of its U.S. staff according to an internal memo, as the company struggles with a decline in cable TV subscribers. This round of cuts follows a previous reduction of 15% announced last August and reflects the ongoing challenges in the media industry, with many consumers shifting to streaming services. The layoffs were communicated to employees on Tuesday and may eventually affect some international staff as well.
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Chris Monroe has left his position as CFO of Texas Roadhouse effective June 9, 2025, in a termination described as without cause. He joined the company on June 28, 2023, succeeding Tonya Robinson, and previously worked at Southwest Airlines. The board has appointed Keith Humpich as interim CFO while searching for a permanent replacement. Despite leadership changes, Texas Roadhouse continues to show growth, outpacing trends in the casual dining industry.
Source: YAHOO
Reported about 1 month ago
Economist John Leer from Morning Consult suggests that the impact of tariffs on inflation will manifest gradually rather than in a sudden spike. Businesses are expected to take up to two years to fully pass on tariff-related costs to consumers, indicating a slow and steady rise in prices. Additionally, hiring rates among small businesses have not significantly declined, although the pace of hiring has moderated, maintaining overall employment stability despite ongoing economic uncertainties.
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
In the latest episode of Stocks in Translation, hosts Jared Blikre, Sydnee Fried, and editor Sam Ro analyze current stock market valuations amidst low consumer sentiment. They explore how investors might approach valuation metrics and differentiate between hard and soft economic data while discussing past trends and future earnings projections. The conversation emphasizes the importance of understanding valuation in the context of market uncertainty and investor perceptions.
Source: YAHOO
Reported about 1 month ago
French bank Societe Generale is set to introduce a dollar-backed stablecoin named 'USD CoinVertible' through its crypto subsidiary SG-FORGE. This initiative makes Societe Generale the first major European bank to enter the dollar-pegged stablecoin market. The cryptocurrency will be available on the Ethereum and Solana blockchains, with trading expected to begin in July, and will be managed by BNY Mellon as custodian for its reserves. Despite previously introducing a euro-based stablecoin in 2023, which saw limited adoption, Societe Generale aims to leverage this new offering for various financial transactions.
Source: YAHOO