Home / 2017 / July (page 9)

Monthly Archives: July 2017

New York Times stock up 70 percent since election, just hit nine-year high

After posting strong earnings Thursday, The New York Times Company shares have surged to a nine-year high. The company has seen a sharp increase in digital subscriptions, largely attributed to the “Trump effect,” since last November’s election. In part thanks to the digital subscriptions, the company reported profit as $27.7 …

Read More »

AMZN, SAM, SBUX & more

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange on January 31, 2014 in New York City. Check out which companies are making headlines after the bell: Shares of Amazon fell more than 3 percent in extended trading after …

Read More »

EU president’s press conference interrupted by a phone call. It wasn’t his wife.

Friedemann Vogel | Pool | Getty Images German Chancellor Angela Merkel officially welcomes President of the European Commission Jean-Claude Juncker to the opening day of the G20 summit on July 7, 2017 in Hamburg, Germany It should have been just another routine press conference for the European Commission. Right at …

Read More »

Celebrating Two of Rock’s Big Voices, Chester Bennington and Chris Cornell

Photo Chester Bennington, right, performed at the Soundgarden frontman Chris Cornell’s funeral in May. Credit Chris Pizzello/Invision, via Chris Pizzello, via Invision, via Associated Press The Popcast is hosted by Jon Caramanica, a pop music critic for The New York Times. It covers the latest in pop music criticism, trends …

Read More »

Dow posts record close as Wall Street shakes off Amazon’s fall

The initial pullback in tech came a day after the sector dragged the broader market lower as investors took profits off the table. The major indexes notched a record high Thursday before tech rolled over midway through the session. “The SPX and NDX saw ‘outside-down’ days yesterday, increasing the likelihood …

Read More »

Paul Ryan insists tax reform will be different from Obamacare repeal debacle

Tom Williams | CQ Roll Call | Getty Images Speaker of the House Paul Ryan, R-Wis., leaves a meeting of the House Republican Conference in the Capitol on July 28, 2017. House Speaker Paul Ryan on Friday struck an optimistic tone on Republicans’ ability to reach a tax reform deal, …

Read More »

Treasury Secretary Mnuchin extends measure to hold off debt-limit default

Treasury Secretary Steven Mnuchin participates in an interview during The Hill’s Newsmaker Series ‘Prospects for Tax Reform’ at the Newseum April 26, 2017 in Washington, DC. The Treasury will continue its suspension of issuing new debt for two more months, a measure intended to stave off default from hitting the …

Read More »

Amazon Prime Now delivery service appears unavailable in Singapore

Amazon’s first foray into the Southeast Asian market appears to have hit a roadblock. The e-commerce giant launched its express, same-day delivery service, Prime Now, on Thursday morning in Singapore, but by that afternoon the service seemed to have become unusable. Many users in Singapore were unable to select a …

Read More »

Millennials expected to push sales to record highs

Sometimes, bigger isn’t always better. The recreational vehicle industry has figured that out and it has led to record-breaking growth. This year, RV shipments are expected to hit their highest level ever, according to the Recreation Vehicle Industry Association, marking the industry’s eighth consecutive year of gains. Those shipments are …

Read More »

The back-and-forth trade between bank and tech stocks

Now playing on a quote screen near you: “The Divergent Series: Financials vs. Technology.” Financial and tech stocks – the two largest segments of the market — have been moving in opposition to one another lately to an unusual degree. On a day-by-day basis, when Big Tech has been rallying …

Read More »