Meta, formerly known as Facebook, is set to reveal its second-quarter earnings after the close of regular trading on Wednesday. Analysts are eagerly awaiting the results to see if the company has managed to meet expectations. The consensus among analysts polled by LSEG is that Meta will report earnings per share of $4.73 and revenue
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During a recent political event in Atlanta, Vice President Kamala Harris emphasized her commitment to strengthening the middle class, highlighting the crucial role it plays in fortifying the nation as a whole. Harris articulated her vision of providing relief to families grappling with the escalating cost of living, enabling them not just to survive but
Boeing recently reported a larger quarterly loss and weaker revenue than analysts had anticipated, underscoring the continuing struggles faced by both its commercial airplane and defense programs. The company’s net loss for the second quarter amounted to $1.44 billion, or $2.33 per share, a significant decrease compared to the previous year’s loss of $149 million,
Boeing’s decision to appoint Robert “Kelly” Ortberg as CEO comes at a critical time for the company. Ortberg, a seasoned aerospace veteran with a background in mechanical engineering, will be stepping into a challenging role. He will be tasked with addressing persistent losses, navigating heightened regulator scrutiny, rebuilding trust with airline customers, and managing tense
The Biden administration is once again making an attempt to forgive the student debt of millions of Americans, following a previous unsuccessful effort that was struck down by the Supreme Court. The U.S. Department of Education is set to reach out to borrowers who may qualify for this large-scale loan forgiveness in the upcoming days.
The recent lawsuit filed by Washington, D.C., Attorney General Brian Schwalb against StubHub sheds light on the deceptive and unfair pricing tactics employed by the online ticket exchange platform. The allegations of hidden fees and misleading advertising have raised concerns among consumers and lawmakers alike. The lawsuit accuses StubHub of using deceptive advertising to lure
Budget air travel has long been associated with sacrificing comfort and amenities for a cheaper fare. However, Spirit Airlines, known for its ultra-low-cost model, is looking to change that perception. In a recent announcement, the Florida-based carrier unveiled plans to offer new ticket packages that include perks that were previously only available as add-ons for
In the midst of an ever-changing real estate landscape, there seems to be a glimmer of hope for prospective homebuyers. According to recent data from the Mortgage Bankers Association, there has been a slight improvement in home affordability this summer. The median new mortgage payment in June dropped to $2,167, a 2.4% decline from the
In the world of cryptocurrency, predicting future prices can feel like trying to forecast the weather in a hurricane. With political and economic uncertainty looming large, investors find themselves in a state of flux, unsure of which way the wind will blow. The recent interest rate news from the Federal Reserve and policy proposals from
On Tuesday, Russian lawmakers made a significant move by approving a new law that allows businesses to use cryptocurrency for international payments. The State Duma, the lower house of the Russian Parliament, gave the initial green light to the legislation, marking a historic decision in the financial sphere. Anatoly Aksakov, the head of the Duma,