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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Coca-Cola is selling €1bn of new debt that it may use to help pay potential charges arising from a decade-long dispute with US tax authorities, in which the company could owe $16bn.The…
Georgia’s State Election Board passed a new rule ahead of the November election that gives county election boards the authority to demand more information, including the ability to conduct inquiries, before certifying election results. CNN’s Nick Valencia reports. Read the full article here
Are you a pre-retiree or retiree who’s nervous about the recent stock market volatility? Worried that it might be the start of a stock market crash, as predicted recently by a few pundits? Unfortunately, “worry” is not a strategy! Instead, you’ll want to plan ahead to survive stock market crashes…
Mortgage rates continued their wave-like fluctuations, dropping slightly from last week when rates averaged closer to 7%. A 30-year, fixed-rate mortgage averaged interest rates of 6.89% as of July 11, Freddie Mac reported. Rates currently average lower than they did at this time last year when they hovered around 6.96%…
Check out the companies making headlines in midday trading. Fortinet – The cybersecurity stock was the biggest advancer in the S & P 500 on Wednesday, surging 26% after Fortinet posted a strong second-quarter report, as well as upbeat current quarter guidance. The cybersecurity company posted adjusted quarterly earnings of…
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 Wednesday’s key moments. 1. U.S. stocks advanced Wednesday after breaking the market’s three-day losing streak in the previous session. The S & P 500 climbed 1.5%, while the…
Disney Parks are the latest business to face slowing consumer demand in the face of higher prices. Disney’s parks business underperformed expectations and profit fell somewhat last quarter. Although the company said attendance remained steady and people were spending more, it also acknowledged a slumping economy was weighing on travelers…
Icahn Enterprises L.P. (NASDAQ:IEP) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Robert Flint – Chief Accounting OfficerAndrew Teno – President and Chief Executive OfficerTed Papapostolou – Chief Financial Officer Conference Call Participants Daniel Fannon – Jefferies LLCAndrew Berg – Post Advisory GroupBruce Monrad -…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump has said he will immediately fill up the US Strategic Petroleum Reserve if he becomes president in November, a move that could boost oil demand by hundreds…
Defense counsel for the alleged 9/11 conspirators at Guantanamo Bay claimed Wednesday that a move by Defense Secretary Lloyd Austin to revoke a previously-agreed-upon plea deal violated military regulations and exposed the system as “corrupt.” “We have had an unprecedented act by a government official to pull back what was…