The U.S. trade deficit rose 5.6% in March to a record $74.4 billion, reflecting a seemingly insatiable appetite among Americans for consumer goods such as toys, clothes, cell phones, home furnishings as the economy gains speed.
‘My wife’s income is over $100,000. My income is under $15,000 per year. She has a 30-year pension coming, a 401(k), savings, and her checking account.’
Epic Games Inc. Chief Executive Tim Sweeney said he reluctantly decided to sue Apple Inc. despite his regard for the company and its products, as he set in motion Monday one of high tech’s most important court cases.
Videogame earnings this season kicks off with Activision Blizzard Inc. and analysts expect a strong showing across the industry as this past quarter will the last that compares to pre-COVID-19 pandemic results.
Greg Abel, the likely successor to Warren Buffett at Berkshire Hathaway, directed the company’s move into renewable energy as the head of its large utility business. By most accounts, it’s too soon to predict if that pedigree will translate into a more-aggressive green shift.
SmileDirectClub Inc. shares fell more than 7% in after-hours trading Monday afternoon, following official disclosure of a cybersecurity incident and its financial repercussions.
The State and Local Tax deduction cap is a lightning rod, pitting higher-cost, mostly blue states against those who think it represents preferential treatment. What can we expect from Washington?
U.S. stocks on Monday are seen trading higher to start the week and new month as evidence mounts that American corporations are rebounding from the deadly COVID pandemic, portending a strong bounce for the overall economy in the second half of 2021.