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Capital One is plowing forward with plans to purchase Discover Financial, but the proposed acquisition is expected to face major pushback from regulators – and whether it actually goes through could depend on who wins the presidential election. Before the ink had time to dry on the press release announcing…
QUALCOMM (NASDAQ:QCOM) has rallied 21% since the last article was published (which can be found here). The company has published their FY1Q24 results, and this article will cover my thoughts on the earnings. This was a strong print as top and bottom-line exceeded the high end of the guidance and…
‘Why is Nikki Haley still in this race?’: Tapper presses Haley advocate about campaign New Hampshire Republican Gov. Chris Sununu, who has been a strong advocate for Nikki Haley, makes the case for why 2024 Republican presidential candidate Nikki Haley is still in the race despite not winning a primary…
The cost for a 30-second commercial during the Super Bowl has reached a record high this year: $7 million. Some advertisers are even paying $4 million for a pregame ad. Since the first Super Bowl in 1967, the cost of a 30-second ad has gone up 185x, according to a…
Dear Big Move, My husband is 66 and I am 61, and we have a 30-year mortgage at 4.99% with a current balance of $306,000. We have several Certificate of Deposits totaling $90,000, and savings of $100,000. Our only debt is the mortgage; we own our cars and pay our…
Atlanta Fed President Raphael Bostic on Thursday laid out the case for the central bank holding off from any interest-rate cut until the July-September quarter. Bostic said he has recently moved up his projected time to begin reducing the Fed’s benchmark rate to the third quarter from the fourth quarter…
© Reuters. FILE PHOTO: Foxconn logo is seen in this illustration taken, May 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo TAIPEI (Reuters) – Taiwan’s Foxconn, Apple (NASDAQ:)’s biggest iPhone assembler and the world’s largest contract electronics maker, expects its business this year to be “slightly better” than last year but is facing…
WASHINGTON (Reuters) -A top U.S. Energy Department official will testify at Feb. 8 Senate Energy Committee hearing looking into President Joe Biden’s pause on new approvals for liquefied (LNG) exports, the Energy Department said on Thursday. Biden paused the approvals last week so his administration can look into the environmental…
By Joe Bavier and Boureima Balima JOHANNESBURG/NIAMEY (Reuters) – Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina Faso’s military ruler Ibrahim Traore was already naming his next target: the region’s CFA franc currency. “It’s not just the currency.…
By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) -The dollar retreated on Friday amid concerns about the strength of the U.S. economy after higher-than-expected producer prices raised expectations that the Federal Reserve will desist from cutting interest rates until at least the middle of the year. The rise in…