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Netflix Earnings Soar Past Expectations. How a Weak Dollar Helped Boost Results.
Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%.
Crypto Market Gets Major Win as Congress Passes Stablecoin Bill
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in
The stock market isn’t waiting around for Aug. 1 to decide if tariffs will hurt consumers
Retail sales for June point to something the stock market already feels pretty confident about: U.S. consumers will keep spending, even if bigger tariff hit in August.
Michigan's jobless rate drops for 2nd consecutive month but still exceeds U.S. rate
Michigan’s unemployment rate declined for the second consecutive month in June, although the state's jobless rate still remains higher than the U.S. rate. The state's jobless rate declined slightly
Social Security’s 2026 COLA on track to break a 29-year trend
That's better known as the annual Social Security benefits increase, or the raise that Social Security retirees get in most years. The Social Security Administration looks at changes to a basket of
Planning commission approves 26 new condos for Grand Haven Township
GRAND HAVEN TWP., MI - More housing is coming to the lakeshore. The Grand Haven Township Planning Commission unanimously approved the development of 26 new condominiums in the growing community. This
Wall Street hangs near its record as PepsiCo and United Airlines offset drops for health care stocks
Wall Street is hanging near its records on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 was virtually
Netflix notches a record quarter and signals more growth ahead
Netflix posted record-setting earnings and revenue for the second quarter on Thursday. The streamer also raised its revenue forecast for the year. Analysts are watching the platform's plans to scale
What tariffs mean for your wallet: What to buy now before prices go up
June’s inflation bump may be the first sign that tariffs are starting to affect prices, but the real squeeze for consumers may still be ahead. The Labor Department announced July 15 that the annual
The safety net companies put in place for themselves to stave off higher prices induced by tariffs is fraying
Companies stockpiled inventory before the tariffs. Now economists wonder when those reserves will be depleted.
Retail Sales Jump in June as Consumers Look Past Tariffs
Key Takeaways U.S. retail sales jumped by 0.6% in June to surge past economists expectations, coming after sales fell in May. Another steady increase in the “control group” showed that consumer
Union Pacific Considering a Norfolk Southern Buyout: Report.
Norfolk stock was up 3.8% in after hours trading at $280 a share. The stock gained 3.7% in regular trading, while the S&P 500 and Dow Jones Industrial Average added 0.5%. Union Pacific stock was up 1.
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