The minimum wage and financial thresholds tied to things like Social Security taxes don’t change along with the cost of living.
Archiv für den Monat: Mai 2024
Bill Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO one day
Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public.
France is aiming to become a global AI superpower — but not without help from U.S. Big Tech
The Viva Technology conference in Paris last week was buzzing with talk about how far France has come as a leader in artificial intelligence.
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
Consumers and businesses are wrestling with inflation and borrowing costs that remain higher than they are accustomed to.
Fed’s Williams says inflation is too high but will start coming down soon
With markets on edge over the direction of monetary policy, Williams offered no clear indication of where he is leaning with possible interest rate cuts.
Costco shares dip despite earnings beat. There’s no cause for investor concern
We’re raising our price target on Costco after the retail giant delivered another business-as-usual quarter.
MongoDB shares sink 23% after management trims guidance
CEO Dev Ittycheria cited slower-than-expected cloud database consumption growth during the quarter, which led MongoDB to lower its fiscal 2025 guidance.
Dell shares fall despite growing AI server business
Dell reported first-quarter earnings on Thursday that beat analysts‘ estimates for earnings and sales.
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty has been a strong performer for retailers as they face a consumer pullback in light of persistently higher costs.
Gap shares pop 20% as earnings beat on sales growth at all four brands
Gap has been in the midst of a turnaround under CEO Richard Dickson, who has focused on better marketing and storytelling for the company’s portfolio of brands.