Tuesday, July 7, 2020
1. US first quarter GDP: The first report card of the year for the American economy is due on Friday. Hold tight. Investors will be watching closely after worries about a global and US economic slowdown weighed on their minds...
Uber's year-end earnings show the company is stilllosing money, but it expects to turn things around by the end of 2020. In an earnings call today, Uber CFO Nelson Chai said the company plans to be profitable in the...
Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy. A consortium of Apple, Warren Buffett and JPMorgan need to lead us out...
A prototype of SpaceX's Mars rocket roared to life Thursday night, lifting the vehicle into the air for a landmark test. It was the first time the experimental craft, nicknamed "Starhopper," flew free without being tethered to the ground. SpaceX's goal...
WASHINGTON – The financial condition of the government’s two biggest benefit programs remains shaky, with Medicare expected to become insolvent in just six years, while Social Security will be unable to pay full benefits starting in 2035, the government...
The longest bull market in American history was dealt a scary brush with death late last year. But it survived, narrowly, and it’s now been alive for a decade. The market upswing, born out of the ashes of the Great...
Dear John: Your recent piece on gasoline prices highlights one of the unique characteristics of the US economy. We are the largest oil and gas producer and the largest market for oil and gas. Conditions that are great for producers...
Small business owners spend 17 full days a year worrying about their business outside of work, according to new data. The statistic emerged in a study of 500 American small business owners, which found that even when they’re off the...
Tesla shrugged off coronavirus-related problems and posted a profitable first quarter. The electric car maker earned net income of $16 million, while income excluding special items, such as stock based compensation, came in at $227 million. The company lost money...
There's a reason so many professionals make a living helping other people with their taxes. Though filing a return, in theory, isn't difficult, in practice, there's plenty of room for error. And if you make a mistake on your...

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