Skechers Turns To Profit In Q2, EPS Beats Street View

Los Angeles-based footwear company SKECHERS U.S.A., Inc. (SKX) turned to profit in the second quarter on increased sales. The earnings per share also beat the analysts’ estimates. Shares of the company gained nearly 8% in the extended session, following the news. The net income for the quarter was $137.5 million or $0.88 earnings per share, bettered three times from a […]

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Federal government sends out 2.2M more stimulus checks

More On: personal finance Learn all about corporate finance with this $40 e-learning bundle 15 percent of Americans say they’re worse off a year into pandemic Dave Ramsey, Christian finance guru, selling Tennessee home for $16M Dave Ramsey says people relying on stimulus checks ‘screwed already’ Over 2.2 million more stimulus checks have gone out in the past six weeks, […]

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J&J forecasts $2.5B COVID vaccine sales this year, lagging rivals

More On: COVID vaccine Boy dies of COVID-19 as cases surge nationwide Study suggests Johnson & Johnson vaccine less effective against Delta variant Grading Joe Biden’s first six months in office No, Delta doesn’t mean the vaccinated — or children — need to mask up again Pharmaceutical giant Johnson & Johnson revealed Wednesday that it expects to take home about $2.5 billion […]

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Wages not keeping pace with inflation increases: Tyler Goodspeed

Wages not keeping pace with inflation increases: Goodspeed Former Council of Economic Advisers Acting Chairman Tyler Goodspeed provides insight into inflation in the U.S.  Former Council of Economic Advisers Acting Chairman Tyler Goodspeed argued that U.S. wages are not keeping pace with inflation on FOX Business’ "Mornings with Maria" Tuesday.  FED 'OVERLY OPTIMISTIC' ON INFLATION: ANDY PUZDER TYLER GOODSPEED: We […]

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The New York City Recovery Index: June 28

Editor’s note: Below you’ll find the week 46 release of the NYC Recovery Index, originally published June 28, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery experienced a minor setback as of June 19, falling one point to a score of 76. A slight lull in the home sales market was to […]

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Who Actually Is Buried in Grant’s Tomb?

24/7 Wall St. set out to find out where each U.S. president is buried. Strangely, most Americans do not know where even the most famous Americans are buried. Among the most well-known resting places of these men is Grant’s tomb, highly visible on the upper west side of Manhattan. The answer to the old question, “Who is buried in Grant’s […]

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Fed Chair Powell hints on digital dollar timing

Stocks mixed after Fed Chair Powell eases taper fears Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell’s remarks. Federal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own […]

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Top GOP lawmakers endorses Jerome Powell for second Fed term

Fed chair says labor market still has long way to go Danielle Dimartino Booth and Joanne Feeney break down Jerome Powell’s remarks on ‘Making Money’ The top Republican on the House Financial Service Committee on Wednesday threw his weight behind the renomination of Jerome Powell to a second four-year term as the chairman of the Federal Reserve. In his opening […]

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