“It’s exciting to contemplate what you’d do with any amount of extra money, but it might cause you to make financial decisions that don’t look so good in hindsight,” said Kathryn Hauer, a certified financial planner with Aiken, South Carolina-based Wilson David Investment Advisors in a December interview. Among the companies announcing worker windfalls, AT&T
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Motor vehicle inventories were unchanged as previously reported after falling 0.7 percent in October. Retail inventories excluding autos, which go into the calculation of GDP, increased 0.2 percent as reported last month. They rose 0.4 percent in October. Inventory investment contributed almost eight-tenths of a percentage point to the economy’s 3.2 percent annualized growth pace
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Amazon CEO Jeff Bezos donated $33 million in college scholarships for “dreamers” — childhood undocumented immigrants granted stay in the country under the Obama-era Deferred Action for Childhood Arrivals program. TheDream.Us, a nonprofit working toward college access for undocumented immigrants, said the donation from Bezos and his wife MacKenzie is the largest in the organization’s
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J.P. Morgan Chase on Friday reported earnings that topped Wall Street’s expectations after accounting for charges related to the tax law. The bank revealed it took a $2.4 billion charge in the fourth quarter due to the Tax Cuts and Jobs Act. Here’s how the company did on an adjusted basis after that charge: EPS:
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BlackRock, the largest asset manager in the world, reported better-than-expected quarterly earnings and revenue on Friday. Here’s how the company’s results fared against analyst expectations: EPS: $6.24 adjusted vs. $6.02 expected by Thomson Reuters Revenue: $3.469 billion vs. $3.321 billion expected Total assets under management: $6.288 trillion vs. $6.248 trillion expected by StreetAccount Net inflows:
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Check out the companies making headlines after the bell Thursday: Advanced Micro Devices shares fell more than 2 percent in the extended session. Just over a week after claiming its chips were at ” near zero” risk for a security flaws impacting Intel chips, the semiconductor company has changed its tune. A Thursday announcement revealed
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A pullback in the market appears likely, but it would represent a buying opportunity before stocks produce more gains, the chief technical strategist at BTIG said Thursday. On CNBC’s “Squawk Box,” Katie Stockton, whose calls on the market have been very right lately, said internal measures have reached worrying levels that warrant attention. “Just in
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Another problem with going into debt for cryptocurrencies is that people will have to pay back their debt before they see sufficient returns, said Erika Safran, founder of Safran Wealth Advisors. That may require tapping other resources, potentially creating further financial trouble. “If you can stay on for long enough, I believe you will be
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