Apple, Microsoft and Alphabet said on Tuesday that their latest revenues and earnings had surged above the stock market’s already optimistic expectations, confirming that demand for their digital services and gadgets continued to soar as some countries began to emerge from the pandemic. Apple Apple’s profits almost doubled in its latest quarter to $21.7bn, as
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The Government Finance Research Center at University of Illinois Chicago has tapped public and not-for-profit financial management professional Deborah Carroll to fill the director’s shoes being vacated by the retiring Michael Pagano. Carroll comes from the University of Central Florida where she was an associate professor in the School of Public Administration and the director
Ethereum will have a very bullish year, according to a price prediction poll made by Finder. The average price that the second-ranked crypto asset by market capitalization will reach this year is about $4.5K, according to polled experts in the cryptocurrency industry. The panel is also bullish about ethereum long term, expecting a price of
Bull market optimism returned to the cryptocurrency market on July 26 after Bitcoin (BTC) price rallied above the $40,000 level for the first time in over six weeks. Today’s rally to $40,581 was a continuation of the July 25 breakout which saw BTC price rocket to $48,110 at Binance af a short squeeze resulted in
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Blue Origin founder Jeff Bezos on Monday offered to cover billions of dollars of
In this article COIN AMP FFIV TSLA The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of Tesla edged more than 2% higher in extended trading after the
Actor-screenwriter Deon Cole, known for his role as Charlie Telphy on the ABC comedy Black-ish and the spin-off series Grown-ish, has bought a home in the San Fernando Valley region of Los Angeles for $5.7 million, according to real estate sources familiar with the deal. The Italianate villa-style home, located on a hillside lot in the Encino neighborhood, measures
simonlong | Moment | Getty Images Consumer losses due to Covid-related fraud top $500 million, according to data from the Federal Trade Commission. The agency has received more than 558,000 complaints from consumers related to the pandemic since the start of 2020. About 60% of the complaints were associated with fraud, citing an aggregate loss
Bitcoin (BTC) soared from $29,482.61 on July 21 to $40,000 today, its highest level since June 16. This sharp rebound shows a possible change in sentiment. The bulls received a boost on Sunday, following the news from an anonymous source within Amazon proclaiming that the company is planning to accept Bitcoin payments by the end
Municipals were stronger on the short end, hitting record low levels for the second time this year, in quiet trading while U.S. Treasuries were treading water and equities did much the same as all markets await Wednesday’s Federal Open Market Committee meeting announcement. Triple-A benchmarks moved one to two basis points lower inside of five
The returns investors expect to earn after inflation on the world’s most important government bonds have reached a record low in a fall that has had sweeping implications across global markets. The real yield on 10-year US Treasuries fell further below zero on Monday as growing anxiety over the outlook for economic growth added fuel
A busy Municipal Securities Rulemaking Board quarterly board meeting saw Patrick Brett selected as fiscal year 2022 chair, the adoption of a multi-year strategic plan, decisions on several regulatory initiatives and the adoption of a $43 million operating budget. Those and other developments emerged at the MSRB’s in-person meeting held July 21-22 in Washington. Brett,
Bitcoin (BTC) is nearing $40,000 this Monday as a new week gets underway with a bang for bulls. A calm but confident weekend culminated in a dramatic run-up overnight Sunday, with BTC/USD swiftly nearing the top of its multi-month trading range. With favorable fundamentals and a lot of liquidated bears, Bitcoin looks set to investigate
Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Wall Street is gearing up for the busiest week of earnings season. Several stock market heavyweights are lining up to release their second-quarter prints, and analysts are taking note. The stocks mentioned in this article have just
In this article HON TWTR INTC SAM SNAP Pedestrians walk past Skechers shoes displayed outside of a store in San Francisco, California. Getty Images Check out the companies making headlines before the bell Friday: American Express – American Express gained 3.3% after reporting quarterly earnings of $2.80 per share. That beat the consensus estimate of
If you were walking down Bleeker Street some 60 years ago, it would not be unheard of to cross paths with some of the most celebrated artists of the post-war era—a young, serious Nina Simone strutting to a gig, a frantic Jack Kerouac sitting on the curb scribbling notes, or even a paint-splattered Jackson Pollack
A home stands for sale in a Brooklyn neighborhood with a limited supply of single family homes on March 31, 2021 in New York City. Spencer Platt | Getty Images After four straight months of declines, sales of previously owned homes rose 1.4% in June month-to-month to a seasonally adjust annualized rate of 5.86 million
The Puerto Rico Oversight Board cast doubt Friday on a temporary deal between the truckers and the interim governor which is pausing the truckers’ strike. Around 9:30 p.m. Thursday Gov. Pedro Pierluisi announced the temporary deal in two tweets. The deal was with the striking truckers’ union, Frente Amplio de Camioneros. Pierluisi was off the
The British government is exploring ways to remove China’s state-owned nuclear energy company from all future power projects in the UK, including the consortium planning to build the new £20bn Sizewell nuclear power station in Suffolk, according to people close to the discussions. The change in mood at the top of government also affects proposals
Akron, Ohio-based FirstEnergy Corp. agreed to pay $230 million to resolve federal charges in connection with an alleged bribery scheme involving a $1 billion public bailout for two nuclear power plants owned by a bankrupt subsidiary with municipal debt. Federal authorities charged the public utility holding company with conspiring to commit honest services wire fraud.