Shares of the Chinese digital financial services company LexinFintech Holdings (NASDAQ: LX) rose about 11.5% today after the company reported earnings results for the second quarter of the year earlier this morning. LexinFintech reported diluted earnings of $0.13 per American depositary share on total operating revenue of more than $360 million.
Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.
Real estate stands as a cornerstone of wealth generation, and as 19th-century British philosopher and economist John Stuart Mill once, said, "Landlords grow rich in their sleep." Landlords don't merely collect rental income; they also reap the rewards of property value appreciation. While it's nice to collect monthly rental income from an investment property, being a landlord does come with hassles. Don’t miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup
Wall Street projects that Tesla delivered about 455,000 units in the third quarter. Estimates are wide-ranging though. The number could come in anywhere from 440,000 to 485,000 units.
Sterling Infrastructure and other obvious beneficiaries of massive governmental spending have already seen their stocks surge in anticipation. Here are some others.
We’re winding up the third-quarter of 2023, and what could be more natural than to figure out the best stocks for the rest of the year? Stock picking of this sort is an essential skill for every investor, and fortunately, the Street’s analysts make it easier. They research and analyze various stocks, taking into account a wide range of factors such as company financials, market trends, and growth potential. Through their expertise, these analysts identify and highlight which stocks they believe
The union has listed its assets and liabilities in the range of $1 million to $10 million, according to the Sept. 30 filing made in a San Francisco court. "While we have attempted numerous times to resolve the decade-long litigation with ICTSI Oregon, at this point, the Union can no longer afford to defend against ICTSI's scorched-earth litigation tactic", said ILWU International President Willie Adams.
The legal fights between Disney and Gov. Ron DeSantis ratcheted up this week. The Florida governor asked that the company's First Amendment lawsuit against him be tossed from federal court, and Disney demanded emails, texts and other communications from the governor's office in a separate state court lawsuit originally brought by DeSantis appointees of Walt Disney World's governing district. The legal filings marked an escalation in the battle between the entertainment giant and DeSantis, a candidate for the 2024 GOP presidential nomination.
Acquiring $1 million in a lump sum is no simple matter and figuring out the amount of taxes due on it is also complicated. The answer depends on several factors, including the source of the money, where you live and whether Social Security and other FICA taxes apply. Individual circumstances make all the difference. In […] The post How Much Are Taxes on $1 Million? appeared first on SmartReads by SmartAsset.
Solita Marcelli, chief investment officer for the Americas at UBS, reasons that gold's benefits as a safe haven remain intact.
After a run, stocks can offer a new buying opportunity with a pullback to the 50-day line. Novo Nordisk and 4 S&P 500 stocks have done that.
Questions about the strength of the economy, what the Federal Reserve plans to do next, and even the path of corporate earnings won’t be answered for months, leaving certainty-starved investors feeling like they’re walking on quicksand. The reasons for optimism start with a just-completed September, which lived up to its reputation as the toughest stretch of the year for stock investors. Over those 30 days, stock investors have had to contend with a “hawkish pause” by the Fed, a looming federal government shutdown, a jump in bond yields, and rising oil prices.
Combined deliveries for NIO, XPeng, and Li Auto came in at almost 67,000 vehicles for September, the second-best month ever.
In the final part of a five-part series, we examine how the White House has made student loan repayment easier ahead of the Oct. 1 deadline."
"That could happen in the very short-term," Bill Ackman said. "Like literally weeks."
As the once regional burger chains are expanding, see where In-N-Out and Whataburger are opening next.
A court filing from Saturday offers further details on the Department of Justice's case against the disgraced FTX founder.
A federal agency has sued the restaurant chain Chipotle, accusing it of religious harassment and retaliation after a manager at a Kansas location forcibly removed an employee's hijab, a headscarf worn by some Muslim women. In a lawsuit filed Wednesday, the Equal Employment Opportunity Commission alleged that in 2021, an assistant manager at a Chipotle in Lenexa, Kansas, repeatedly harassed the employee by asking her to show him her hair, despite her refusal.
Managers are worrying about the wrong thing when it comes to Gen Z's skill development.
U.S.-listed Chinese stocks have struggled amid weaker China economic data. But PDD Holdings and EV play XPeng are flashing aggressive buy signals.
Here’s where to turn when you’re searching for a safe place to stash cash for the short term.
