Columbus, OH

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

Economists at Goldman Sachs are increasing the odds that the US economy will enter a period of an economic downturn by the end of the year. Analysts at the banking behemoth have raised the odds of a recession occurring in the coming months from 15% to 25%, citing the last month’s jump in unemployment data, reports the Straits Times.

Goldman Sachs Raises US Recession Odds As Total Bankruptcy Filings Surge by Almost 25%: Report

Super Micro Computer has achieved a leadership position in the artificial intelligence (AI) server market due to internal manufacturing capabilities and a unique building-block approach to product design. Supermicro missed earnings estimates by a wide margin in the most recent quarter, but margins should improve as liquid cooling solutions reach...

1 Stock-Split AI Stock to Buy Before It Soars 185%, According to a Wall Street Analyst

Detroit, MI

Reuters

DETROIT (Reuters) - Stellantis CEO Carlos Tavares has started a three-day visit in Detroit, where he will seek to develop a strategy to fix the European automaker's struggling North American operations and reassure employees and investors, two people familiar with the plans said.

Stellantis CEO visits US to create plan to reverse lagging profit, sources say

Peloton Interactive (PTON) shares raced more than 35% higher in intraday trading Thursday after the company posted year-over-year quarterly revenue growth for the first time in more than two years. The home fitness equipment and subscription company posted revenue of $643.6 million in its fiscal fourth quarter, up 0.2% year-over-year—its...

Peloton Stock Turbocharged by Surprise Revenue Growth

Mediaite

The stock tumble came the day after the company’s earning report on Friday revealed only $836,900 in revenue for the company valued at over $4.5 billion
The post Trump’s Net Worth Tumbles As Media Company’s Stock Drops Amid Anemic Earnings Report And Posts On X first appeared on Mediaite.

Trump’s Net Worth Tumbles As Media Company’s Stock Drops Amid Anemic Earnings Report And Posts On X

Markets Insider

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

Though the best CD rates have been drifting lower ahead of a likely Fed rate cut next month, all the leading rates across terms held firm today. That means you can still earn the tip-top rate of 5.40% from INOVA Federal Credit Union, whose 5-month CD guarantees your rate to 2025.

Top CD Rates Today, Aug. 23, 2024 - Guarantee 5.00% to 5.40% for Up to 2 Years

Cava Group raised its 2024 same-store sales estimate to 9% from 5.5% at the midpoint. Same-store sales grew 14.4% year-over-year and Cava added a net 18 locations in the second quarter. CEO Brett Schulman said the company's new grilled steak offering was performing better than expected. Shares soared 17% in...

Cava Stock Sizzles as New Grilled Steak Tops Expectations

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

They can’t believe the employee’s response. An attempt at reviewing desserts from Crumbl Cookies took an awkward turn for two TikTokers who weren’t happy with the Oreo cheesecake.

‘They’re doing something wrong’: Crumbl customers ask for a refund after ordering Oreo cheesecake.

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Nestle announced Thursday that it it replacing Mark Schneider as its CEO with a long-time executive. This comes as the world’s largest packaged food seller is facing pressure from cash-strapped consumers tired of price hikes. Suggested Reading. Schneider had been with the company for the past eight years and...

Nestle CEO steps down as price hikes turn off consumers

Lyft is down sharply from its IPO price, but the business is showing signs of improvement. David Tepper and Ken Griffin both bought the stock in the second quarter. The company just reported its first quarter of GAAP profitability. This ride-sharing specialist could be poised for a turnaround. Lyft (LYFT...

This Growth Stock Is Down 83%, but Billionaire Investors Are Scooping It Up. Is It a Buy?

Gold prices climbed 1% as the dollar and Treasury yields retreated following Federal Reserve Chair Jerome Powell comments signaling an interest rate cut in September. Spot gold rose 1.15% to $2,511.91 per ounce, but was off a record high of $2,531.60 hit on Tuesday. U.S. gold futures gained 1.19% to $2,546.70.

Gold gains 1% as Powell comments hint at September cut

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Emily Standley Allard

When your temper flares are you a raging bull? A vicious Virgo or a conniving Capricorn? Emotions are complex states that involve physiological, behavioral, and cognitive changes. They influence how we perceive the world around us, how we interact with others, and how we make decisions. However, our emotions are not the only factor that influences our behavior. Astrology can be a telling factor as well.

The Most Ruthless Zodiac Signs - Ranked from Most to Least

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Initial jobless claims came in at 232,000, a couple thousand higher than economists expected and up from the prior week. One economist said the modest rise showed stability in the labor market and could result in a lower August unemployment figure. The data should help keep the Federal Reserve on...

Jobless Claims Rose Slightly. Here's Why It Won't Move the Unemployment Rate Much

Disney's stock plunged amid an economic downturn in 2021 and has yet to recover fully. Recent earnings indicate the company could finally be on a recovery path. The drop-off in price makes Disney stock a bargain buy. Disney is trading at a bargain right now, and you don't want to...

1 Growth Stock Down 50% to Buy Right Now

FXDailyReport.com

The US dollar extended its weakness in the middle of the trading week after the Bureau of Labor Statistics (BLS) published extensive revisions to employment data, signaling that the labor market could be weaker than expected, which might resuscitate recession concerns. According to the Department of Labor, payroll job growth...

US Dollar Extends Weakness After Worst Job Revisions Since Global Financial Crisis

NewsBreak

Bavarian Nordic Stock Jumps on Revenue Beat, Mpox Vaccine Order

Shares of Bavarian Nordic are surging in Danish trading after the company with the only approved mpox vaccine in the U.S. and Europe posted a quarterly...

Bavarian Nordic Stock Jumps on Revenue Beat, Mpox Vaccine Order

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