Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 billion, as big oil […]
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Stock futures are flat after Dow closes at record Friday
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 5, 2021. Andrew Kelly | Reuters Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report. Futures on […]
Strong jobs report is not a game changer for Fed policy, Wells Fargo suggests
The latest jobs report may not be a game changer for the Federal Reserve’s easy money policies. According to Wells Fargo Securities’ Michael Schumacher, it’s premature to assume July’s strong numbers will push the Fed meaningfully closer to tapering its monthly bond purchases. “This report was pretty strong. Not a […]
Apps are helping people avoid air pollution amid record wildfires, rising temperatures
The Bootleg Fire rages across central Oregon state, in Klamath County, Oregon, in this July 13, 2021 picture obtained from social media. Oregon State Fire Marshal | via Reuters Air quality in the United States and Europe improved over the last decade thanks to stricter environmental regulations, but intensifying wildfires […]
Executive assistant who accused New York Gov. Cuomo of groping speaks publicly
A December 31, 2019, “selfie” photo taken of a woman identified as “Executive Assistant #1, and New York Gov. Andrew Cuomo, contained in a report issued by office of Attorney General Letitia James. The woman has made a criminal complaint against Cuomo, who allegedly groped her rear end when this […]
How virtual reality will change trading for pros and everyone else
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. […]
‘A lot of people quit a job with the intent to take some time off’: Here’s how to financially prepare
Social media is full of posts from people embarking on the “Great Resignation,” or the mass of workers quitting their jobs as the economy rebounds. Nearly 4 million people quit their job in April, according to the Labor Department, followed by another 3.6 million in May. “A lot of people […]
These legislative proposals may affect your wallet. What to watch for this fall
Sen. Kyrsten Sinema, D-Ariz., second from right, speaks at a news conference in Washington, D.C., on July 28, 2021. Stefani Reynolds | Bloomberg | Getty Images Retirement security I think retirement security is on their radar. Paul Richman Chief government and political affairs officer at the Insured Retirement Institute The […]
Wall Street’s top analysts believe these stocks could be long-term winners
Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Given the uncertain financial landscape, investors want to know how they can pinpoint stocks […]
Apple’s privacy reputation is at risk with the changes it announced
A monorail train displaying Google signage moves past a billboard advertising Apple iPhone security during the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Monday, Jan. 7, 2019. Bloomberg | Bloomberg | Getty Images Apple announced a system this week that will enable it to flag images […]