Xavier Lorenzo | Moment | Getty Images As many Americans see higher tax refunds this season, some are facing payment delays amid the IRS push to phase out paper checks. House Ways and Means Committee Democrats this week sent a letter to Treasury Secretary and acting IRS Commissioner Scott Bessent, seeking answers about the more…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters What you need to know today Oil continued its wild ride Tuesday, closing more than 11% lower, as traders believed a group of countries would tap emergency crude reserves to mitigate…
Dr. E.J. Antoni, nominee for the Commissioner of the Bureau of Labor Statistics stands next to Donald Trump in the Oval Office. Courtesy: Donald J. Trump via Truth Social President Donald Trump said Monday that he will nominate the economist E. J. Antoni as commissioner of the Bureau of Labor Statistics. Antoni would replace Erika…
NEW YORK — NEW YORK (AP) — That’s show business for you! Taylor Swift’s 12th studio album, “The Life of a Showgirl,” has officially sold 4.002 million equivalent album units — which includes album sales and streaming activity — in its first week in the U.S. That is the biggest first week in modern music…
The countdown to the 2025 MLB Fall Classic has officially begun, as the season has passed the halfway mark. The Dodgers blew past the Yankees in the 2024 World Series, winning 4-1 to earn their second title in the past five years. Will L.A. make it three in six years? Let’s take a look at…
Meme stock mania is back somewhat, and retail traders are targeting a new group of shares. Speculation resurfaced and exploded on Wall Street this week as day traders on Reddit’s WallStreetBets forum touted “you-only-live-once” risky trades and piled into beaten-down stocks. It’s no longer GameStop or AMC that retail traders are flocking to these days….
The traditional role of an investment banker is to provide advice on deals and financings. But JPMorgan’s bankers recently began noticing that clients were asking for more from the firm – like how the nation’s largest bank was navigating artificial intelligence or what cybersecurity practices it used. Chairman and CEO Jamie Dimon had an idea:…
Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of…
U.S. President Donald Trump (right) and C.C. Wei, chief executive officer of Taiwan Semiconductor Manufacturing Co. (left), shake hands during an announcement of an additional $100 billion into TSMC’s U.S. manufacturing at the White House in Washington, DC, U.S., on March 3, 2025. Bloomberg | Bloomberg | Getty Images Buoyed by yet another blockbuster earnings…
Wegovy is produced by pharmaceutical company Novo Nordisk and has been approved for specifically for chronic weight management in adults and adolescents. (Photo by Steve Christo – Corbis/Corbis via Getty Images) Steve Christo – Corbis | Corbis News | Getty Images The chief executive of drugmaker Zealand Pharma sought to calm investors about the latest…
