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Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. The S & P 500 and Nasdaq on Thursday retreated from their record highs, set in the previous session, after a cooler-than-expected inflation report sent…
Germany will phase out components made by China’s Huawei and ZTE from its 5G wireless network over the next five years, a move that risks worsening its already strained relations with the world’s second-largest economy. Mobile network operators including Vodafone, Deutsche Telekom and Telefonica have agreed to remove the components…
Today, we are putting non-lethal munition and arms manufacturer Byrna Technologies Inc. (NASDAQ:BYRN) as the stock has sold off just over 10% despite the company posting a solid quarterly earnings report on Tuesday. The company improved margins, swung to a quarterly profit from a loss in the same period a…
In February, as Israel’s war in Gaza raged, Ilhan Omar, the progressive representative from Minnesota, levelled an especially withering charge against President Joe Biden: his White House, Omar said, was responsible for “greenlighting the massacre of Palestinians”.Yet in recent days, with Biden now struggling to save his presidency, it is…
The United States on Thursday imposed sanctions on an Israeli violent extremist organization, three Israeli individuals and four “outposts” connected to violence in the West Bank. Thursday’s sanctions are the latest tranche under an executive order issued by President Joe Biden in early February amid increased violence in the occupied…
Fertility rates are declining worldwide. Yes, there are nations where there are still far more children than the replacement rate of at least 2.1 children per woman. But industrialized economies are all well below replacement level. United States Census data indicates that the percentage of women between ages 30 and…
Prospective homebuyers didn’t get much relief on mortgage rates this week, as the average 30-year fixed-rate mortgages barely budged from 6.87 to 6.86%, Freddie Mac reported. Last year, interest rates weren’t wildly different and averaged 6.71% for 30-year mortgages and 6.06% for 15-year mortgages.”The 30-year fixed-rate mortgage continues to trend…
A growing number of Californians are struggling to pay their credit card bills as they continue to battle steep interest rates and high inflation. New findings published by WalletHub, a personal finance platform, show that several California cities are leading the nation in an uptick in credit card delinquencies. Chula Vista…
Check out the companies making headlines in midday trading: Intuit — Shares of the TurboTax parent company fell nearly 4% after it said it will slash 1,800 jobs , or about 10% of its workforce, as it boosts investments in artificial intelligence. Intuit said it plans to rehire 1,800 people…