PayPal Holdings (NASDAQ: PYPL) was one of the financial sector's winning stocks on the last day of trading before the long holiday weekend. The company's shares popped by nearly 6%, trouncing the 2.5% increase of the bellwether S&P 500 index. Citing "people familiar with the matter," the news agency said that PayPal has begun laying off some of its employees.
Chipotle Mexican Grill (CMG) delivered a robust first-quarter earnings report, beating analyst expectations on both the top and bottom lines. Yahoo Finance Reporter Brooke DiPalma joins Wealth! to discuss the top three key takeaways that consumers should be aware of following the company's results. Yahoo Finance also spoke to Chipotle CFO Jack Hartung earlier this morning on the restaurant's earnings figures. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
The company made the announcement on Thursday.
A UK couple discovered a 17th-century coin trove worth $75,000 under the kitchen floor while renovating their farmhouse.
Unions and Labour criticised the decision, warning it will have a devastating effect on the steel industry and Welsh economy.
The energy companies both held their annual general meetings on Thursday.
A federal court denied former president Donald Trump’s request to have a new trial related to the charges that he defamed writer E Jean Carroll, who accused him of sexual assault. The US District Court for the Southern District of New York handed down the denial on Thursday after Mr Trump had sought a new trial. In May 2023, a jury found Mr Trump liable for sexually abusing Ms Carroll.
The couple have six kids between them
High interest rates and borrowing costs have heightened worries of debt defaults in the commercial real estate (CRE) market, which is already in doldrums due to empty office buildings in the post-pandemic era. Valley National's provisions for credit losses surged to $45.3 million in the first quarter, compared with $9.5 million a year earlier. The lender said the increase in provisions was driven by commercial real estate, commercial and industrial and construction loan portfolios.
The Rubrik IPO launches Thursday, as the data security firm priced at 32 a share, above its expected range.
She alleged sexual harassment against the movie producer.
Baron Funds, an investment management company, released its “Baron Real Estate Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund had a strong performance in the quarter and generated a gain of 8.28% (Institutional Shares). The Fund beat both the MSCI US REIT Index (the REIT Index), […]
Margaret Kay-Alana Turner disappeared after running from deputies in March 2023, her family said.
Hillary Clinton warned that the Supreme Court could rule in favor of Idaho’s total near abortion ban.
Comprehensive Analysis of Northfield Bancorp's First Quarter Financial Performance
Toronto's controversial sidewalk litter bins have officially gotten a makeover, with the city saying it has made enhancements to the older model bins to address some of the functionality and maintenance issues.At a news conference Thursday, Mayor Olivia Chow said the city is working to address Toronto's trash problem by adding four new sidewalk litter bins this week, with more than 1,000 expected to be added in high-density areas by the end of the year. "I literally inherited a mess, and yes we
The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States. The FCC said it was requiring the Chinese carriers to discontinue services within 60 days of the effective date of the net neutrality order approved on Thursday. The order also applies to Chinese telecom Pacific Networks and its wholly owned subsidiary ComNet.
A 13-year-old girl has been charged after three people were stabbed at a high school in Wales.
Originally the preserve of Ivy League sportsmen, the jacket has seen incarnations from the likes of Salt-N-Pepa, Palace and Prada. And now Louis Vuitton’s NFT version is going for £7,000
Robust Growth in Revenue and Adjusted Earnings Amid Strategic Acquisitions
Despite the prevailing high interest rate environment, US pending home sales data released on Thursday revealed a surprising 3.4% climb in March. To shed light on the dynamics shaping the housing market, Redfin (RDFN) CEO Glenn Kelman joins Wealth! Kelman acknowledges that while mortgage rates have deterred some homebuyers, those who remain in the market are "more serious." He anticipates housing market slowdowns may not be as severe as last year, as those who need to buy have been postponing their purchases but can no longer afford to do so, despite it being "a really hard time to buy a house." With mortgage rates soaring and housing prices increasing, he notes that "buyers just can't catch a break," emphasized by inventory levels that have yet to normalize. This challenging environment has left the housing market in dire need of a Federal Reserve rate cut, according to Kelman. Additionally, Kelman offers valuable tips for navigating this environment and securing a home. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
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