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One of the biggest-ever IT outages has disrupted companies across the world, from airlines to financial services and media groups, after what should have been a routine software update cascaded into crisis. Thousands of flights were cancelled on Friday, workers in cities from Tokyo to London were unable to log…
Biden campaign co-chair reacts to Democrat-funded TV ad urging him to drop out of race Rep. Veronica Escobar, national co-chair for the Biden-Harris campaign, speaks with CNN about a TV ad funded by a group of Democrats urging him to drop out of the 2024 presidential race. Read the full…
The IRS has issued more guidance on the required minimum distribution (RMD) rules—this time in the form of final regulations. The final regulations offer some clarity on the withdrawal and eligibility requirements for inherited IRAs. RMDs By law, you are required to withdraw funds from your retirement account each year…
Mortgage and rental costs are shifting throughout the country, with some parts of the country paying astronomical rent costs and others facing steep monthly mortgage payments. In certain cities in the Bay Area, for example, owning a home costs at least $2,000 more than renting, a Smart Asset study found.…
A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt handout plan that is designed to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican…
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We are buying 50 shares Advanced Micro Devices at roughly $155.36. Following the trade, Jim Cramer’s Charitable Trust will own 350 shares of AMD, increasing its weighting to 1.63% from 1.4%. Chip stocks and other technology names initially got off to a solid start in Thursday’s session in response to…
Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on…
America’s eyes are finally fixated on the 2024 election. After months of tuning out what had been a fairly predictable and uneventful race between the two party incumbents, recent earthshaking events have upended the state of politics, adding an unexpected wrinkle to the storyline and prompting audiences to turn their…