Microsoft Corp. will cut more jobs, in addition to the 10,000 layoffs announced earlier this year. GeekWire first reported that a new round of cuts was announced Monday, targeting employees in customer service, support and sales. The number of layoffs was not revealed, but a filing with Washington state’s Employment Security Department said 276 workers
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This article is reprinted by permission from . Michael Zwick heard a story from an old friend whose wife had been a home healthcare nurse. One of her patients had taken a liking to her and left her some money in his will when he died. But it took some time for the estate’s attorney to
It’s being called the “Twitter Killer.” Meta’s Threads aims to be a happier, warmer alternative to other microblogging sites. But what will yet another social-media platform do to the rest of us? Threads is on track to soon cross 100 million users, according to an analysis by Search Engine Journal, based on the number of
Taylor Swift earned $92 million in 2022, making her one of the top-paid entertainers in the world, according to Forbes. But that’s just a fraction of what she could take home in 2023. Swift’s earnings in 2022 included sales from her album “Midnights,” released that year, plus royalties from previous albums. But Swift didn’t hit
With economic numbers reaching higher numbers than expected, there is a high chance of several companies seeing much better days ahead. Inflation is slowly coming in control and the Fed has paused the rate hike. The fears of a near-term recession is slowly coming to an end. This means the stock market could pick pace
During the recovery from the pandemic several workplace catchphrases generated buzz, including quiet quitting, great resignation, and hybrid work. Expressions like these in the aggregate reflect a much larger conversation rethinking work, purpose, and the good life in the postpandemic economy. I’d like to throw another term into the mix that I hope will gather
It’s tempting to just succumb to the overwhelmingly positive sentiment surrounding Apple (NASDAQ:AAPL) stock and just give it an “A” rating. Yet, we’re assigning the stock a “B” grade for now, because of potential issues concerning Apple’s smartphone sales. Of course, we’re not detracting from Apple’s achievements. The company is among a handful of big-tech names leading
Social Security, the government pension plan that helps to support $67 million Americans, weathered the pandemic with less of a financial hit than expected, but some beneficiaries still struggled with their benefits through the crisis, a new report found. Beneficiaries still got their checks, but Social Security office closures and a transition to remote work
If June is any indication, the appetite for initial public offerings (IPOs) appears to be heating up. Cava (NYSE:CAVA) went public on June 15, selling 14.4 million shares and raising nearly $318 million in the process; it had the best IPO opening since July 2022, suggesting the current environment for companies to go public could
Happy Friday MarketWatchers, The holiday-shortened week was certainly full of retirement news. Here are some of our highlights: For military families there’s a short window in which veterans can change their spousal survivor benefits so their spouse or children can receive a pension after the retiree dies — it’s the first, and for now only,
There’s no denying that Palantir Technologies (NYSE:PLTR) caught the attention of financial traders in May and June. That’s probably because of the company’s connection to artificial intelligence, a red-hot topic in 2023. This helps to explain why some analysts might be optimistic about PLTR stock. On the other hand, Palantir Technologies’ rich valuation indicates that this might
This week is projected to capture the hottest average global temperature on record, while much of the U.S. is experiencing a heat wave. Such sweltering conditions in the U.S., brought on by El Niño and human-caused climate change, could be particularly tough on low-income people and people of color — especially those who lack air conditioning,
In the dynamic landscape of AI stocks, it’s crucial to carefully approach this exciting realm with thoughtfulness. A prudent strategy is a basket approach that diversifies across multiple companies. By investing in a theme and spreading your investments, you can mitigate risks and increase the chances of capitalization. AI offers various investment options and avenues.
Samsung Electronics 005930, -1.96% said Friday that it expects its second-quarter operating profit to fall 96% on year, which would be its weakest performance in more than 14 years. The preliminary earnings outlook suggests that the world’s largest manufacturer of memory chips, smartphones and televisions continues to struggle with weak global demand for tech products
Some folks might say it was a brilliant move for global movie-theater chain AMC Entertainment (NYSE:AMC) to create and issue shares of AMC Preferred Equity Units (NYSE:APE) stock. However, others aren’t very pleased with AMC Entertainment’s large-scale printing of APE stock. There’s a great deal of controversy surrounding AMC Entertainment in 2023, so it’s a good idea
Ellen Dumm describes herself as a hardworking Australian shepherd – she thrives when she has a job to do. That made the idea of retiring complicated for her. What would this self-described working dog do without a job? She enrolled in the inaugural class of the Change Makers program at the University of Colorado Denver
Many investors keep talking about a recession and yet, there’s still no recession. Regardless, it’s got some investors looking for recession-proof stocks, while others are looking to buy stocks for an economic boom. Picking stocks for 2023 has not been an easy ride. Not many investors expected the Nasdaq to explode more than 30% in
Meta Platforms Inc. launched Threads, its rival to Twitter, a day early Wednesday. “Let’s do this. Welcome to Threads,” Meta Chief Executive Mark Zuckerberg posted on the new app. The text-based app, a spinoff of Meta’s META, +2.92% Instagram, had been set to launch Thursday morning, but instead went live for users in the U.S.
Are you looking for a reasonable amount of income without a ton of risk? If so, high-yield ETFs to buy are a better way to go than individual dividend-paying stocks because they give you diversification, which significantly reduces company risk in the process. If one investor considers a stock to have a high yield, another
Here are some of the biggest movers ahead of Wednesday’s market open: Stock gainers: Wolfspeed Inc. WOLF, +2.07% stock surged 15% in premarket trading after the after the silicon-carbide chip maker said it signed a 10-year wafer-supply agreement with Japan’s Renesas Electronics 6723, +1.78%. Shares of Rivian Automotive Inc. RIVN, +17.41% climbed 4% in premarket
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