Author: News Room

Some things are a mystery. For millions of Americans, their credit scores are one such baffling phenomenon, but there’s no reason why they should remain so. Why, for example, do people have bad credit scores, despite managing their finances, and never going into the red, while other people who take more financial risks have excellent credit?… Read the full article here

STOCKHOLM — Volvo AB said late Tuesday that preliminary first-quarter net sales rose 25% on year to 131.4 billion Swedish kronor ($12.57 billion), beating the SEK118.4 billion expected in a FactSet poll. In a statement ahead of its full-earnings report due on April 20, the Swedish truck maker SE:VOLV.A SE:VOLV.B said preliminary first-quarter adjusted operating income rose to SEK18.4 billion from SEK12.7 billion, with its adjusted operating margin rising to 14.0% from 12.0%. Reported… Read the full article here

Shares of Johnson & Johnson JNJ slumped 0.21% to $163.92 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.41% to 4,091.95 and Dow Jones Industrial Average DJIA falling 0.11% to 33,646.50. This was the stock’s fourth consecutive day of losses. Johnson & Johnson closed $22.77 below its 52-week high ($186.69), which the company achieved on April 25th. The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble… Read the full article here

The Pentagon has begun to limit who across the government receives its highly classified daily intelligence briefs following a major leak of classified information discovered last week. Some US officials who used to receive the briefing materials daily have stopped receiving it in recent days, sources familiar with the matter told CNN, as the Pentagon’s Joint Staff continues to whittle down its distribution lists. The Joint Staff, which comprises the Defense Department’s most senior uniformed leadership that advises the president, began examining its distribution lists immediately after learning of the trove of leaked classified documents – many of which had…

A US appeals court has ruled that abortion pills containing the drug mifepristone should remain available at least temporarily but has allowed tighter restrictions on how patients access the drug.The ruling by the US Court of Appeals for the Fifth Circuit issued late on Wednesday granted an emergency request by the Biden administration to put on hold a Texas court ruling last week overturning regulator’s approval of mifepristone more than two decades ago.A three-judge panel said the stay would remain in place until a full appeal of the Texas ruling could be heard, noting in its judgment that the statute…

Disruptive companies gain market share leadership by introducing a new product, technology, or marketing concept. McDonald’s (MCD) didn’t invent restaurants but disrupted the industry by introducing drive-up ordering in 1976. Ford (F) did not invent the automobile but disrupted manufacturing by introducing the assembly line in 1913. Disruptive companies are growth stocks on steroids. These companies do not just grow market share but become the market share leader in their respective industry. Growth stocks, which are defined in Investopedia as A growth stock is any share in a company that is anticipated to grow at a rate significantly above the…

Watch full video on YouTube

The Dogecoin price has risen by 6% in the past 24 hours, following a tweet from Elon Musk that promised to pay “a million Dogecoin” for proof that he and/or his family once owned an emerald mine in South Africa.At $0.087026, DOGE is down by 6.5% in a week but up by 19% in the last 30 days, as well as by 23.5% since the beginning of the year.The meme token’s latest Musk-inspired rally follows similar surges in the year to date, with the Dogecoin community continuing to hold out hope that the Twitter owner will follow through on earlier…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists, the tide may be turning.  According to some experts, inflation rates have reached an inflection point and painful interest rate hikes could soon ease.  The US Consumer Price Index, a widely used measure of inflation, has shown a significant deceleration since it shot up…

Delta Air Lines posted a wider loss than it previously estimated for the first three months of the year but forecast revenue growth and profits for the second quarter that were ahead of analysts’ estimates, signaling strong travel demand despite weakness in other sectors.The Atlanta-based carrier said it expects sales in the current quarter to increase by 15% to 17% over last year, with adjusted operating margins of as much as 16% and adjusted earnings per share of between $2 to $2.25. Analysts polled by Refinitiv had anticipated second-quarter revenue growth of 14.7% and earnings per share of $1.66. The…