Major cable standoffs are nothing new, but the ongoing dispute between DirecTV and Disney is particularly impacting sports fans. As negotiations continue, DirecTV customers are left in the lurch, missing out on key games and events. With the NFL’s opening “Monday Night Football” game broadcasted on ESPN, DirecTV customers are facing the possibility of missing
As opinions on the upcoming meeting of the U.S. Federal Reserve remain divided, Michael Yoshikami, CEO of Destination Wealth Management, has suggested that the central bank can afford to make a significant 50 basis point rate cut without negatively impacting the markets. He believes that a bigger cut would demonstrate the Fed’s readiness to act
The United Kingdom is currently facing a significant challenge when it comes to the global commercialization of its technology businesses. According to Warren East, the former CEO of Arm, there is a crucial need for a mindset shift within the investor community to ensure that UK-based companies can compete on the world stage. East highlighted
Apple recently unveiled its latest products, including iPhones, Apple Watches, and AirPods. Despite the high anticipation for these releases, the market reaction was not as expected. Apple’s stock initially fell during the event but rallied towards the end of the day. While the stock is currently 7% below its all-time high in July, it has
Oracle recently reported its fiscal first-quarter results, showcasing impressive numbers that exceeded Wall Street estimates. The company’s earnings per share came in at $1.39 adjusted, surpassing the expected $1.32. Additionally, Oracle’s revenue for the quarter was $13.31 billion, exceeding the anticipated $13.23 billion. This strong performance led to a 9% surge in Oracle’s stock price
Big Lots, a prominent discount home goods retailer, recently made headlines with its decision to file for bankruptcy. The company cited high interest rates and a slow housing market as key factors that contributed to a decline in demand for its affordable furniture and decor offerings. Big Lots has reached an agreement to sell its
The IRS is currently in the process of avoiding increasing audits on taxpayers who earn less than $400,000 annually. However, regardless of your income level, there are certain aspects of your tax return that can attract scrutiny. While the government has instructed the IRS not to use additional funding for audits on small businesses or
Despite the economic turmoil faced by China in the past year, Standard Chartered CEO Bill Winters believes that the property market in China has not yet hit rock bottom. In an interview with CNBC, Winters expressed his views on the challenging investing environment in China, citing low consumer confidence and international investor confidence. He mentioned
China recently released its consumer price index data for August, revealing some surprising figures that missed expectations. This article will delve into the details of the report and analyze the implications of the findings. The consumer price index in China rose by 0.6% year on year in August, falling short of the forecasted 0.7% increase.
As September kicks off with turbulence in the stock market, there are still opportunities for investors to capitalize on. According to top Wall Street analysts, Planet Fitness (PLNT) is a stock worth considering. The company, a franchisor and operator of over 2,600 fitness centers, recently reported strong results for the second quarter and reiterated its