United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company’s shares were down 9% in premarket trading.UPS now expects 2024 revenue to be approximately $93 billion, revised from a previous forecast for as much…

Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped…

Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement…

My rating for Hyatt Hotels Corporation (NYSE:H) stays as a Hold. The good thing is that H’s recent acquisition represents an allocation of capital to Europe, a market with good long-term growth potential. The bad thing is that Hyatt’s 2024 prospects appear to be unexciting. I previously analyzed Hyatt’s first…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe US remains off track for the steep greenhouse gas emissions cuts promised by 2030 under the Paris accord despite the Biden administration’s sweeping green subsidies and new climate…

Rep. Mace explains why she said the Secret Service chief’s responses today were ‘full of sh*t’ Rep. Nancy Mace (R-SC) shares with CNN’s Laura Coates why she cursed at Secret Service Director Kimberly Cheatle during her testimony about the failed assassination attempt against former President Donald Trump Read the full…

Falls are now the leading cause of injury and death among older adults (65+) in the U.S. They are the cause of just under 75 deaths per day. Emergency medical services (EMS), most often accessed through 911 calls or by calls to a local fire department, report that 17% of…

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July is often thought of as a time for home improvement projects, well-deserved vacations and leisurely day trips. In addition to these activities, financial pros say that the mid-year month of July is an ideal opportunity to assess your financial situation so you’re better prepared for the rest of the…

Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank’s strong 2024 run.Warren Buffett’s conglomerate sold 33.9 million shares of Bank of America shares for almost $1.5 billion in separate sales on Wednesday, Thursday, and Friday at an…