Author: News Room
The upcoming election is only days away, and the two presidential candidates remain in a statistical dead heat. Control of the U.S. Congress seems likely to be narrow as well, with either party having a chance to win control. Clearly, the electorate is deeply divided, and it is increasingly rare to find issues that transcend party lines. According to Gallup, polarization between Republicans and Democrats on social and policy matters has surged significantly in the past two decades. But amidst this political division, Americans are notably united in concerns about their economic security in retirement. In fact, a recent nationwide…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla’s shares surged on Wednesday after the world’s largest electric vehicle maker reported higher than expected quarterly profit, while forecasting “slight growth” in deliveries this year and a big jump in 2025.The performance marks a turnaround for Tesla, which has endured a few disappointing quarters as concern spread about slowing global demand for EVs. It has also been caught up in the divisive political activism of its chief executive, Elon Musk, and a court battle to restore his $56bn package of share…
Ribbon Communications Inc (NASDAQ:RBBN) Q3 2023 Results Conference Call October 23, 2024 4:30 PM ET Company Participants Joni Roberts – Chief Marketing OfficerBruce McClelland – CEO Conference Call Participants Christian Schwab – Craig Hallum Capital GroupMichael Genovese – Rosenblatt SecuritiesTim Savageaux – Northland Capital MarketsRustam Kanga – Citizens JMP Operator Ladies and gentlemen, greetings, and welcome to the Ribbon Communications Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Joni Roberts, Chief Marketing Officer. Please go ahead. Joni Roberts Good afternoon, and welcome…
Subsidizing home care for aging adults has been discussed in decades past. Now it is part of the political discussion once again. Can it ever be achieved? Consider the obstacles and possible benefits. History In the 1970’s, less than ten years after Medicare became the law of the land in 1965, public health officials recognized that putting elders into nursing homes was very costly. Once a person had reached what Medicare terms “maximum rehab potential”, a very subjective term, Medicare benefits ended for a nursing home stay. That is still the way Medicare works. At that time in the 1970s,…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe US dollar has rallied to its strongest level since August, boosted by a recent string of strong economic data and investor bets that Donald Trump’s chance of winning next month’s presidential election is on the rise.The currency has climbed nearly 4 per cent since late September against a basket of rivals, helped by blockbuster US jobs figures earlier this month that prompted investors to scale back their expectations for Federal Reserve rate cuts. But traders and analysts say…
Robert Half Inc. (NYSE:RHI) Q3 2024 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Keith Waddell – President and Chief Executive OfficerMichael Buckley – Chief Financial Officer Conference Call Participants Andrew Steinerman – JPMorganMark Marcon – Robert W. Baird CompanyPrincy Thomas – BarclaysTrevor Romeo – William BlairTobey Sommer – TruistGeorge Tong – Goldman SachsStephanie Moore – Jefferies Operator Hello, and welcome to the Robert Half Third Quarter 2024 Conference Call. Today’s conference is being recorded. [Operator Instructions] Our host for today’s call are Mr. Keith Waddell, President and Chief Executive Officer of Robert Half; and Mr. Michael…
A new push to move credit card users to a digital statement will now come with a penalty for those who don’t want to comply. Credit card companies from big name retailers have been silently rolling out a fee of $1.99 if you wish to keep receiving paper statements.One of the biggest offenders is Synchrony Bank, and they have co-branded and store-affiliated credit cards with over 100 cards in their lineup, which include Sam’s Club® Credit Card, the Lowe’s Store Card, and the Amazon Store Card. In November of last year, Citibank released new guidance to its customers saying that…
As the 2024 election approaches, candidate Vice President Harris and Former – President Trump promise to protect Social Security, but only Donald Trump has specific proposals. And Trump’s plan would cut Social Security benefits by 33 percent and drive Social Security to insolvency by 2031. The proposals would benefit high income individuals and drain $2.3 trillion from the trust funds, which need at almost $.5 trillion to stay solvent. On her part, Harris has not outlined how she would protect Social Security. The fundamental issue facing Social Security today is a looming funding crisis. According to the Congressional Budget Office…
The outcome of the looming US election “really doesn’t matter” for financial markets, BlackRock chief executive Larry Fink said.“I’m tired of hearing this is the biggest election in your lifetime. The reality is over time it doesn’t matter,” Fink told a conference hosted by the Securities Industry and Financial Markets Association on Monday. The co-founder of the world’s largest asset manager said that more than half of the firm’s $11.5tn in assets under management were retirement funds. “Unfortunately, there’s too much preoccupation with whether the market’s going up or down at any one time, any one quarter,” Fink said. “It really…
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