Stocks were higher on Wednesday after the Federal Reserve's policy committee kept interest rates steady at its April meeting. The Federal Open Market Committee kept the target range for the federal-funds rate at 5.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the early part of the second quarter of 2024 showed a big divergence of returns.
Today's IBD Screen Of The Day highlights Nvidia's chipmaker Taiwan Semiconductor, Amazon stock and Costco Wholesale.
Grey’s Anatomy‘s new intern class is losing a doctor. Midori Francis, who plays surgical intern Dr. Mika Yasuda, will exit the ABC drama as a series regular after two seasons, our sister site Deadline reports. Just two days ago, it was reported that Jake Borelli (aka Dr. Levi Schmitt) will be scrubbing out after seven years. …
In an exclusive interview, Maya Henry discusses her new novel 'Looking Forward,' as well as her "painful" abortion experience
The jump comes at a time when streaming companies are facing stiff competition and introducing bundles with their rivals to retain subscribers. Netflix, which launched the ad-supported plan in November 2022, said that 40% of all sign-ups come from those plans in the countries where they are available. Netflix also said it will launch an in-house advertising technology platform by the end of 2025.
Brooks Koepka called them “punishment workouts” — the heavy menu of sprints and weightlifting that sap the color from his face, put him on the verge of throwing up, and leave him dreaming of ways to avoid that kind of torture in the future. Five weeks later, he’s at Valhalla — a “big-boy golf course,” as he described it — looking to defend his title at the PGA Championship. It might explain why his trainer, Ara Suppiah, dialed up the tough workouts after Augusta, and why Koepka has as many major victories (5) as he had “regular” wins on the PGA and European tour (4) before he left two years ago.
The dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second quarter, raising hopes the Federal Reserve can deliver an interest rate cut as early as September. Also boosting optimism that the Fed was closer to a rate cut was a reading of U.S. retail sales that was unexpectedly flat last month, as higher gasoline prices pulled spending away from other goods in a sign the consumer was retrenching a bit. After inflation proved "sticky" in the first quarter, with housing rental rates and other prices remaining stubbornly high, the market welcomed the CPI data.
Netflix is officially moving forward with Kathryn Bigelow’s next film as the streamer confirmed the news at its Upfront presentation in New York. As of right now no title was made available and plot details are being kept under wraps, though sources have told Deadline it would be set at the White House as a …
Kansas City Chiefs kicker Harrison Butker may have stirred controversy in some quarters for his proclamations of conservative politics and Catholicism on Saturday, but he received a standing ovation from graduates and other attendees of the May 11 commencement ceremony at Benedictine College in Atchison, Kansas. The fast-growing college is part of a constellation of conservative Catholic colleges that tout their adherence to church teachings and practice — part of a larger conservative movement in parts of the U.S. Catholic Church.
The U.S. House of Representatives on Wednesday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert runway close-call incidents, and speed refunds for canceled flights. The 387-26 vote sends the $105 billion, five-year measure to reauthorize the Federal Aviation Administration (FAA) to President Joe Biden for his signature by Friday after the Senate approved it last week. The bill prohibits airlines from charging fees for families to sit together and requires them to accept vouchers and credits issued in lieu of refunds for at least five years.
"Most of these historic accusations have been made before, and all of them are as false now as they were then," Copperfield's rep tells PEOPLE in a statement
While reaching the top 1% of wealth may be impossible for most people, it's possible for an average person to reach the top 10%. Learn More: Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5...
Neil Foden is found guilty of 19 sexual offences against young girls.
Netflix’s 18-month-old advertising tier has nearly doubled in size since the start of 2024, reaching 40 million monthly active users around the world. The streaming giant revealed the number at its first in-person upfronts presentation in New York. Last year, in a presentation conducted in a virtual format due to the WGA strike, the company …
When the Economist Intelligence Unit (the research arm of The Economist) compiled data for its Worldwide Cost of Living 2022 report, it found San Francisco to be the eighth most expensive city in the...
The U.S. Southwest and Texas are at an increased risk of power supply shortfalls during times of peak demand this summer due to rising electricity consumption and supply constraints, the North American Electric Reliability Corporation said on Wednesday. Parts of the Midwest and New England are also under elevated threat of inadequate power supplies in high electricity consumption periods this summer, while the U.S. Northwest and most of the East Coast are expected to see normal conditions, NERC said. Extreme heat, new data centers, increased manufacturing activity and electric vehicles are raising U.S. power demand forecasts in the summer months.
The announcement marked a big increase from the 5 million users the company disclosed one year ago.
Dare we say the supermodel looks better than ever?
Netflix has settled on a title for its upcoming Kristen Bell-Adam Brody comedy series — and we couldn’t disagree more with its sentiment. The half-hour project, formerly known as Untitled Erin Foster Show, will now be called Nobody Wants This, and will premiere with all 10 episodes on Thursday, Sept. 26, Netflix announced Wednesday at …
Dawson’s Creek creator Kevin Williamson’s return to North Carolina is heading to Netflix. Williamson’s family drama series The Waterfront has been ordered to series by the streamer. It comes a few months after Deadline revealed that the Scream writer was working on the series as part of a new overall deal with Universal Television. Inspired …
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