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Listen to David Blanchett, the head of retirement research at PGIM DC Solutions, discuss building an efficient portfolio to save for retirement. Learn how target-date funds, diversification, and tax strategies play a role in retirement investing.
Published on: January 29, 2025, 03:03 PM UTC
Starbucks reports mixed Q1 results, beating expectations but facing ongoing challenges. Same-store sales and foot traffic declined, while earnings per share surpassed estimates. The company plans to revamp its menu, improve mobile orders, and focus on core coffee products in its "Back to Starbucks" strategy.
Published on: January 29, 2025, 03:03 PM UTC
The White House's surprise order to freeze vast swaths of government spending caused confusion and concern. Some programs, like Medicaid and Head Start, experienced temporary disruptions. A federal judge blocked the funding halt. The White House says the freeze is legal, but critics argue it's an unlawful test of presidential power.
Published on: January 29, 2025, 03:02 PM UTC
Activist investor D.E. Shaw has acquired a stake in Riot Platforms and may advocate for changes at the cryptocurrency mining company, joining Starboard Value as the second such shareholder to do so.
Published on: January 29, 2025, 03:00 PM UTC
Progressive Corp. reported a 19% rise in fourth-quarter profit driven by strong demand for personal auto insurance. Net income rose to $2.36 billion, or $4.01 per share, compared with $1.99 billion, or $3.37 per share, a year ago.
Published on: January 29, 2025, 03:00 PM UTC
Ahead of earnings, analysts predict a 2.4% year-over-year revenue decline to $802.5 million for 1-800-FLOWERS (FLWS), alongside adjusted earnings per share of $1.19.
Published on: January 29, 2025, 02:09 PM UTC
Intel (INTC) Q4 earnings preview: Analysts expect a 10.4% year-over-year revenue decline to $13.8 billion, with adjusted earnings of $0.12 per share.
Published on: January 29, 2025, 02:09 PM UTC
Ghana negotiates with 60 banks to restructure $2.7 billion in loans as part of its $3 billion IMF program, having already restructured eurobonds, bilateral loans, and domestic debt.
Published on: January 29, 2025, 02:08 PM UTC
KKR takes a 12% stake in Henry Schein, the world's largest distributor of medical products, to improve operations and create shareholder value.
Published on: January 29, 2025, 02:08 PM UTC
Frontier Airlines parent company makes new offer to acquire Spirit Airlines, proposing debt and stock issuance as an alternative to Spirit's bankruptcy restructuring plan.
Published on: January 29, 2025, 02:07 PM UTC