Goldman Sachs believes Constellation Brands (STZ) has the potential to revive sales in its struggling Wine & Spirits division. It’s not impossible, but we’re more bullish on the company’s core beer business. Constellation Brands on Friday was added to Goldman Sachs’ conviction buy list. Analyst Bonnie Herzog cites the company’s […]
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Trump not immune from Capitol riot lawsuits, appeals court rules, opening door to monetary damages
An advertisement soliciting donations for former U.S. President Donald Trump is seen as it was introduced as evidence and displayed during the second public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, at Capitol Hill, in Washington, U.S. June 13, […]
Trump not immune from Capitol riot lawsuits; court ruling opens door to monetary damages
An advertisement soliciting donations for former U.S. President Donald Trump is seen as it was introduced as evidence and displayed during the second public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, at Capitol Hill, in Washington, U.S. June 13, […]
NY Democrats to meet tonight to screen potential Santos replacements
U.S. Representative George Santos (R-NY) walks to a series of votes including a vote to expel him from the House of Representatives, on Capitol Hill in Washington, U.S., December 1, 2023. Leah Millis | Reuters Democratic party officials in New York will hold a meeting tonight with at least three […]
UiPath stock spikes more than 20% after earnings beat, generative AI integration
Co-founder and CEO of UiPath Daniel Dines speaks on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin on December 12, 2019 in Berlin, Germany. Noam Galai | Getty Images UiPath stock popped more than 20% on Friday, one day after the company released quarterly earnings that beat Wall Street’s […]
Southwest, pilots’ union near a preliminary labor deal, the last of the major U.S. airlines
Southwest Airlines Boeing 737-700 aircraft is seen landing at dusk time at Ronald Reagan Washington National Airport in Arlington, Virginia. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines and its pilots’ union are closing in on a new contract that would raise pay for the carrier’s more than 11,000 […]
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate […]
Rep. George Santos expelled from Congress for corruption, cutting GOP majority
Representative George Santos, a Republican from New York, departs the US Capitol following being voted out of Congress in Washington, DC, US, on Friday, Dec. 1, 2023. Al Drago | Bloomberg | Getty Images The House voted Friday to expel Rep. George Santos from Congress for his alleged finance crimes […]
Here are some last-minute options to spend down your flexible savings account ‘use-it-or-lose-it’ funds
Tom Werner | Digitalvision | Getty Images As 2023 comes to an end, you may have just a few weeks left to use any leftover money in your health-care flexible savings account. Employer-sponsored FSAs allow you to save pretax dollars and use the funds for qualified medical expenses. An individual […]
With or without loan forgiveness, fewer students are enrolling in college, questioning the return on investment
Hero Images | Hero Images | Getty Images Even before the Supreme Court blocked President Joe Biden’s plan to forgive student debt, fewer students were enrolling in college. Nationwide, enrollment has lagged since the start of the Covid-19 pandemic, when a significant number of students decided against a four-year degree in favor of joining the […]