Best Buy reported second-quarter earnings and sales on Tuesday that topped analysts’ expectations. Looking ahead, the company has also raised its revenue outlook for the full year, calling for continued consumer “momentum.” The Minnesota-based electronics retailer said stronger shopper demand for its technology products, such as smartphones and wearable devices, boosted its sales at established
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“(These plans are) just more crony capitalism from the Tories, who once again prop up the rigged system for the few at the expense of the many,” Long-Bailey said, according to Reuters. May’s government has had to work closely with business leaders over recent months as it seeks to secure their loyalty to the U.K.
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There is an endless list of tax-advantaged accounts and plans on the market for consumers to choose from, so determining which plan or vehicle provides you with the most freedom and best features can seem, at first, like a daunting task. A good jumping-off point is to start asking yourself basic questions like: “Where will
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The report, which surveyed about 4,000 people across China, India, Hong Kong, Singapore, Thailand, Philippines and Indonesia, also found that despite the preference for cash, awareness of newer methods of payments was high. Nearly half said they were familiar with digital wallets and 23 percent said they knew what contactless payments using credit or debit
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Then, Cramer spoke with Veeva Systems founder and CEO Peter Gassner, who spoke to the cloud company’s new QualityOne product. The cloud-based quality management program applies to new fields for Veeva that include cosmetics, chemicals, food and industrial manufacturing, Gassner said. “We have an offering for them now, and we’re just starting to get traction
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Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Check out the companies making headlines after the bell: Finish Line shares plunged 23 percent in extended trading after the company announced its second quarter sales decreased
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“Just because someone shares something on Facebook, doesn’t mean they’ve checked out the group,” Borochoff said. And while taxes might not be at the forefront of your mind right now, remember that charitable donations are tax-deductible if you itemize your return instead of taking the standard deduction, so keep your receipts. Among the well-known groups
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So how will this historic and dramatic breach between a Republican president and the business community be closed? In a word: carefully. Businesses will have little choice but to continue to interact with the White House on some level but in a way that acknowledges how devastating and dangerous dancing with this administration can be.
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Home improvement shares jumped in early trade Monday as Tropical Storm Harvey continued to dump rain on Houston, Texas. Shares of Lumber Liquidators jumped 3.6 percent, while Lowe’s rose 1.2 percent and Home Depot climbed nearly 1 percent. Shares of power generator manufacturer Generac fluctuated after peaking 1.5 percent higher. The S&P 500 gained overall
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Fraud is becoming a bigger threat to your retirement security — even if you think you’re too sharp to fall for a scam. One 2015 report estimated that older Americans lose $36.5 billion each year to financial scams and abuse. The problem is growing, and researchers say older adults experiencing cognitive decline are just a
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Meanwhile, Roth IRAs offer a somewhat different approach, because the money you’re putting into the account is after-tax rather than pretax. Thus, once you own the account for five years, there is no limit or penalty on the withdrawal of the contributions you’ve put into the plan (though withdrawing any investment earnings does trigger tax
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Daniel Acker | Bloomberg | Getty Images Moving boxes sit stacked outside of a home in Princeton, Illinois. The simplest way is to classify your belongings into four separate categories: keep, donate, dispose and sell, according to Pickett. “That starts to crystallize the process,” she said. She cautions those cleaning house to lower their expectations
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