Is Social Security going bankrupt? Despite the abundance of rumors that the program will soon be out of money, today's workers can rest assured that they will be in line for benefits once they retire. In the coming years, Social Security expects to owe more in scheduled benefits than it collects in revenue.
Cabinet votes to leave historic Bute House agreement after government abandons emissions target
The boss of Sainsbury’s has insisted customers like self-checkout tills, even as other supermarkets ditch them because of a backlash.
UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President Joe Biden's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down.
U.S. issuers and other firms expect the Securities and Exchange Commission to deny their applications to launch exchange-traded funds (ETFs) tied to the price of ether after discouraging meetings with the agency in recent weeks, four people said. VanEck, ARK Investment Management and seven other issuers have filed with the SEC to list ETFs that would track the spot price of the world's second-largest cryptocurrency after bitcoin. The SEC must decide on VanEck's and ARK's filings, which are first in line, by May 23 and May 24 respectively.
Mexican cement-maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimate of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimate of $4.19 billion, despite volumes falling in all of its product segments.
Q1 2024 SEI Investments Co Earnings Call
Chemicals maker Dow beat first-quarter profit estimates on Thursday, helped by higher sales volumes as global manufacturing activity shows signs of growth. China's manufacturing activity expanded for the first time in six months in March while U.S. manufacturing grew for the first time in about 18 months, benefiting Dow whose products are used in a range of industries.
All right, who’s for mixed doubles? Cinema has brought us love triangles in the world of professional tennis before – perhaps most memorably in George Cukor’s Pat and Mike and Woody Allen’s Match Point. But the sheer racquet-twanging steaminess of Luca Guadagnino’s new entry in the canon makes its forerunners look like games of back-garden swingball. Challengers must be the most purely pleasurable film of the year so far. Like a great tennis match, it’s a clash of sleekly honed bodies and minds,
Meta plunged 12.9% in premarket trading after the Facebook-parent forecast higher expenses and lighter-than-expected revenue and raising fears the surging cost of AI is outpacing its benefits. Shares of some other growth stocks also fell, with Alphabet, Amazon.com and Microsoft down between 1.5% and 2.7%.
An 18-year-old from Sudan has been arrested while a 19-year-old man was released without charge over the incident.
The Scottish First Minister has called time on the Bute House Agreement.
Whether you're planning a wedding guest outfit or your summer holiday looks, these are the dresses you should know about from Marks & Spencer.
Q1 2024 Prosperity Bancshares Inc Earnings Call
Animals ran through rush-hour streets, colliding with vehicles and leaving four people in hospital
The U.S. Supreme Court hears arguments on Thursday on Donald Trump’s claim that he enjoys sweeping immunity from criminal prosecution for actions he took as president, a claim that has delayed by months a case accusing him of trying to overturn his 2020 defeat. The federal case brought by Special Counsel Jack Smith charging Trump with trying to overturn his election defeat -- one of four criminal cases the Republican presidential candidate faces -- has been paused since December while the immunity argument plays out. Criminal defendants are not usually able to appeal court rulings until after a trial if they are convicted, but Trump was able to file an immediate appeal because the immunity argument bears on whether he must even face a trial.
It follows the government's decision to scrap key climate targets and its response to a review into gender services.
U.S. stock index futures fell on Thursday, as shares of most megacap growth stocks took a beating after dour quarterly results from Meta Platforms, ahead of more economic data in the week that could influence the Federal Reserve's monetary policy. Meta plunged 12.9% in premarket trading after the Facebook-parent forecast higher expenses and lighter-than-expected revenue and raising fears the surging cost of AI is outpacing its benefits.
Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear. Shares of the company that operates former U.S. President Donald Trump's social media app Truth Social listed on Nasdaq on March 26. An army of Trump supporters and speculators have snapped up the stock, giving it a market value of about $4.9 billion.
Last year, Midwest Transplant Network helped 488 kidneys, 218 livers, 107 hearts, 148 lungs, 22 pancreases and five intestines find their way to recipients in need.
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