Investing News

Yuriko Nakao | Getty Images The U.S. Marshals Service, one of the primary law enforcement agencies of the Department of Justice, has hired custodian Anchorage Digital for cryptocurrency seized or forfeited in various criminal cases. The Marshals Service has spent more than a year seeking a custodian and financial services provider for its stockpile of

Key Takeaways Ford’s auto volume fell during Q2 FY 2021 due to a semiconductor shortage. Despite the slump in volume, Ford beat expectations on both adjusted EPS and revenue. U.S. customer-sold retail order bank for Ford vehicles was seven times that of Q2 FY 2020. Ford Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Predictions Adjusted

In this article UPS Tournament employees work to squeegee the court after rain delays a match between Kim Clijsters and Sloane Stephens during the Truist Atlanta Open at Atlantic Station on July 26, 2021 in Atlanta, Georgia. Casey Sykes | Getty Images Shares of logistics company UPS fell sharply on Tuesday after the company’s second-quarter

Key Takeaways Apple’s services revenue surpassed analyst estimates. Profit margins on the company’s services revenue are much larger than on revenue generated through product sales. iPhone sales rose 49.8% compared to the year-ago quarter. Apple Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction EPS Beat $1.30 $1.01 Revenue Beat $81.4B $73.5B Services Revenue Beat $17.5B

Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018. Akio Kon | Bloomberg | Getty Images The boss of cryptocurrency exchange Binance says he’s willing to step down from his role as the company seeks to become a regulated financial institution. Speaking at a virtual press

Although a Simplified Employee Pension (SEP, or SEP-IRA) and a SIMPLE IRA have similarities, distinct differences set them apart from one another. Both are employer-sponsored plans that provide employees a tax-advantaged way to save for retirement. Contributions grow tax-deferred until they are withdrawn in retirement. As their names imply, each is designed to be easily

In this article TKWY-NL An employee makes a pizza next to a Just Eat Plc branded delivery bag in the kitchen of The Fat Pizza takeaway pizza restaurant in Southend-on-Sea, U.K., on Thursday, Dec 19, 2019. Chris Ratcliffe | Bloomberg via Getty Images LONDON — Just Eat Takeaway.com is one of Europe’s biggest food delivery

No matter how many kids you have, whether it be one or 10, most parents face a common problem—too much stuff piling up. At the end of each season, you might find yourself with piles of clothes, shoes, used toys, and other odds and ends that your children have grown out of and are taking

Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Blue Origin founder Jeff Bezos on Monday offered to cover billions of dollars of

Simple random sampling is a method used to cull a smaller sample size from a larger population and use it to research and make generalizations about the larger group. It is one of several methods statisticians and researchers use to extract a sample from a larger population; other methods include stratified random sampling and probability

Key Takeaways Analysts estimate adjusted EPS of $0.03 vs. -$0.16 for Q2 FY 2020. Aviation segment revenue is expected to post its first increase in six quarters. Companywide revenue in Q2 is expected to improve YOY for the first time in three years. General Electric Co. (GE) has suffered a string of earnings declines, losses

Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Wall Street is gearing up for the busiest week of earnings season. Several stock market heavyweights are lining up to release their second-quarter prints, and analysts are taking note.   The stocks mentioned in this article have just

In a given year, disengagement in the workplace can cost American businesses as much as $550 billion. This is why many companies have put a lot of effort into keeping their staff motivated. They have done this by not only paying their workers competitive wages but also giving them an actual ownership interest in the

In financial and managerial accounting, inherent risk is defined as the possibility of incorrect or misleading information in accounting statements resulting from something other than the failure of controls. Incidents of inherent risk are most common where accountants have to use a larger than normal amount of judgment and approximation, or where complex financial instruments

In this article CYDY Young chemist working with chemical substances during scientific experiment in laboratory. skynesher | E+ | Getty Images Company: CytoDyn Inc. (CYDY) Business: CytoDyn is a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. Its

Bond prices fluctuate with changing market sentiments and economic environments, but bond prices are affected in a much different way than stocks. Risks such as rising interest rates and economic stimulus policies have an effect on both stocks and bonds, but each reacts in an opposite way. Stocks versus Bonds When stocks are on the rise, investors

California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work with Bank of America to start rolling out chip-enabled debit cards to new claimants, as well

Although Canada does not receive the same kudos for innovation and technological development as the United States, it punches above its weight when it comes to emerging financial technology (fintech) companies. Here’s a look at five Canadian fintech companies that are making a name for themselves by providing innovative financial solutions for customers: Payfirma, Quandl,

In this article SPCE Virgin Galactic CEO George Whitesides CNBC | Michael Sheetz George Whitesides, the former CEO of Virgin Galactic, will fly on the company’s next spaceflight test, CNBC has learned. Sir Richard Branson made the announcement at a party on July 11 in Las Cruces, New Mexico — following his own spaceflight —

What Is Crypto Tourism? Crypto tourism is a form of tourism that caters to cryptocurrency enthusiasts by offering a packaged travel tours that can either be paid for with digital currency or offer lectures or classes about cryptocurrency as part of the tour. . Key Takeaways Crypto tourism gained traction in 2017 and continued until