Author: Daniel snow

[ad_1] Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts’ estimates and issued rosy guidance for the full year.Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18% to $2.82 billion, or $10.02 per share, from $2.39 billion, or $8.42 per share, a year earlier.”This is the fastest organic growth that we have had in over a decade,” Intuit CEO Sasan Goodarzi told CNBC’s “Closing Bell: Overtime” on Thursday. “It’s really incredible growth across…

[ad_1] Investor skepticism towards long-duration assets is a global phenomenon in 2025. [ad_2] Source link

[ad_1] The act of investing is, in many ways, a bet on the future.And sometimes, the future arrives quickly: Tesla will have “robotaxis” on the streets of Austin, Texas, by the end of June, CEO Elon Musk told CNBC on Tuesday. The program will start with about 10 self-driving vehicles and rapidly expand to thousands if the launch goes off without incident, Musk said.That sort of announcement may give you the itch to open your brokerage app, if you think autonomous vehicles are the way of the future. But wise investors, even when presented with exciting opportunities, are still deliberate…

[ad_1] Although new data shows recent college grads are more willing to adapt to workplace expectations than their older Gen Z peers, there are plenty of obstacles at the beginning of their career paths. [ad_2] Source link

[ad_1] Tariff worries reignited on Friday after President Donald Trump threatened the EU with 50% tariffs by June 1 and said he would impose a levy aimed at Apple. [ad_2] Source link

[ad_1] Former President Joe Biden’s administration aimed to lower Americans’ monthly student debt payments and maximize loan forgiveness opportunities. President Donald Trump’s administration seems more focused on ensuring all those loans are repaid.A harsh reality could be on the way for borrowers who have gotten used to leeway in the federal student loan system, or are struggling to make payments: An estimated 1 in 12 Americans will face “negative” financial consequences in the coming months, finds a new report by the University of California Student Law Initiative, researched in conjunction with the left-leaning nonprofit Student Borrower Protection Center.Some student loan…

[ad_1] New home sales jump in April to highest level in three years [ad_2] Source link

[ad_1] Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025.Brendan Smialowski | Afp | Getty ImagesPalantir CEO Alex Karp has sold more than $50 million worth of shares in the artificial intelligence software company, according to securities filings.The stock transactions, which occurred on Tuesday and Wednesday between $125.26 and $127.70 per share. Following the stock sales, Karp owned about 6.43 million shares of Palantir stock, worth about $787 million based on Thursday’s closing price. The sales were connected to a series of…

[ad_1] Employees of the Department of Health and Human Services (HHS) hug each other as they queue outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food and Drug Administration, as it embarked on its plan to cut 10,000 jobs at HHS, in Washington, D.C., U.S., April 1, 2025. Kevin Lamarque | ReutersA federal judge blocked the Trump administration from sharply cutting jobs and reorganizing the structure of many major federal agencies The order issued late Thursday granted a preliminary injunction that…

[ad_1] Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump’s latest tariff threats have complicated policy and likely put off changes to interest rates.In a CNBC interview, the central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold as it evaluates the ever-changing trade policy and how it impacts inflation and employment.”Everything’s always on the table. But I feel like the bar for me is a little higher for action in any direction while we’re waiting to get some clarity,” Goolsbee said on “Squawk Box”…