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Netflix Earnings Soar Past Expectations. How a Weak Dollar Helped Boost Results.
Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%.
One lucky mistake made a Massachusetts lottery player a millionaire
Paul Corcoran of Fitchburg, Massachusetts took home $2 million after accidentally purchasing an extra Powerball ticket last week.
Crypto Market Gets Major Win as Congress Passes Stablecoin Bill
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in
The stock market isn’t waiting around for Aug. 1 to decide if tariffs will hurt consumers
Retail sales for June point to something the stock market already feels pretty confident about: U.S. consumers will keep spending, even if bigger tariff hit in August.
Michigan's jobless rate drops for 2nd consecutive month but still exceeds U.S. rate
Michigan’s unemployment rate declined for the second consecutive month in June, although the state's jobless rate still remains higher than the U.S. rate. The state's jobless rate declined slightly
Social Security’s 2026 COLA on track to break a 29-year trend
That's better known as the annual Social Security benefits increase, or the raise that Social Security retirees get in most years. The Social Security Administration looks at changes to a basket of
Netflix delivers another strong performance in second quarter while following a familiar script
Netflix on Thursday announced another quarter of steady growth as the video streaming service's more than 300 million subscribers have become increasingly attractive to advertisers. It’s a familiar
The safety net companies put in place for themselves to stave off higher prices induced by tariffs is fraying
Companies stockpiled inventory before the tariffs. Now economists wonder when those reserves will be depleted.
Wall Street ticks toward a record as PepsiCo and tech stocks rally
Wall Street is ticking toward a record on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 was up 0.4% in
Trump claims Europe doesn't buy American cars or food. Is that true?
President Trump threatens to raise tariffs, claiming the European Union won't buy U.S. cars or food — but 2024 trade data shows otherwise.
Retail Sales Jump in June as Consumers Look Past Tariffs
Key Takeaways U.S. retail sales jumped by 0.6% in June to surge past economists expectations, coming after sales fell in May. Another steady increase in the “control group” showed that consumer
S&P 500 Hits New Record High As Stocks Boosted By Better-Than-Expected Earnings, Retail Sales And Jobless Claims
Dozens of companies listed under the index have surpassed analyst expectations through a series of earnings reports this week.
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