Why you might want to tap into your home equity 🤑
A look into home equity lines of credit. #BankOfAmerica #Housing #Equity #Debt #Homeowner #Property #Rental #Buying #Commodities #Equities #Stocks #US #Investing #Trading #NYSE #NASDAQ #$BAC
Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan
In this article PTON Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and…
Snowflake shares soar following revenue beat
In this article SNOW Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday after the company released second-quarter earnings that beat analysts’ revenue expectations. Here’s how the company did: EPS: Loss…
Stocks making the biggest moves premarket: Dollar Tree, Peloton, Salesforce and more
In this article DLTR ELY DG Check out the companies making headlines before the bell: Dollar Tree (DLTR) – The discount retailer’s stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the impact of pricing-related investments at its Family Dollar stores. Dollar Tree reported better than expected profit for its latest…
Unlimited caviar and private space: Airlines are playing catch-up by wooing luxury travelers
Dubai’s Emirates airline in August announced an investment of over $2 billion to improve its inflight customer experience, including cabin interior upgrades and new menus — with unlimited caviar. The world’s biggest long-haul carrier will be retrofitting over 120 aircraft with new interiors, as well as dishing up menus with new vegan options and cinema…
Watch live: President Biden speaks about federal student loan forgiveness and the payment pause
[This stream is set to start at 2:15 p.m. ET.] Visit CNBC’s Personal Finance page for coverage of Biden’s remarks and how they affect borrowers. President Joe Biden announced Wednesday that he will forgive $10,000 in federal student debt for most borrowers, fulfilling a campaign pledge and delivering financial relief to millions of Americans. Biden will…
Federal ‘ghost gun’ regulations go into effect after judges reject challenges
AR-15 style rifles are displayed for sale at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. Bing Guan | Reuters New Biden administration rules that put homemade firearm kits used to build “ghost guns” in the same legal category as traditional firearms went into effect on Wednesday after federal judges declined…
Salesforce trims full-year expectations for earnings and revenue
Marc Benioff, co-founder and co-CEO of Salesforce, speaks at the TIME100 Gala on June 8, 2022, in New York. Kevin Mazur | Getty Images Salesforce reported earnings and revenue that topped analysts’ estimates but gave a disappointing forecast for fiscal 2023. The stock slid 7% in extended trading on Wednesday. The enterprise software maker said…
President’s student loan forgiveness plan draws pushback from some lawmakers and consumer groups
President Joe Biden’s long-awaited plan to forgive student debt, announced Wednesday, drew immediate pushback from some lawmakers and consumer groups even as they praised the historic measure. The White House said it would cancel $10,000 in federal student debt for most borrowers and up to $20,000 for recipients of Pell Grants, which are available to…
Tired of paying more for less, shoppers take to TikTok to call out companies for ‘shrinkflation’
Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack has decreased in size, even though the packaging looks the same. Hunter Jarratt Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack…
What you need to know about Biden’s student loan forgiveness plan: Who is eligible, how it works, when to apply
For millions of Americans, learning Wednesday that the Biden administration plans to move ahead with sweeping student loan forgiveness likely sparked feelings of relief — followed by a lot of questions. The government has already made a surprising number of answers available, though time will tell how smoothly the cancellation unfolds between the U.S. Department…
PGA Tour bolsters prizes, benefits as it competes with LIV Golf for player loyalty
PGA Tour Commissioner Jay Monahan speaks during a press conference prior to the TOUR Championship at East Lake Golf Club on August 24, 2022 in Atlanta, Georgia. Cliff Hawkins | Getty Images The PGA Tour on Wednesday announced prize increases, expanded benefits and participation commitments from top players as it faces competition from the upstart…