Micron Technology Q1 Profit Beats Street View

Micron Technology Inc. (MU) Thursday reported a profit for the first quarter that trumped Wall Street estimates, as did revenues. Looking forward, the technology company issued an outlook for the second quarter above current estimates. Boise, Idaho-based Micron’s first-quarter profit rose to $803 million or $0.71 per share from $491 Million or $0.43 per share […]

College Students Wise Up to Better Credit Habits

The coronavirus pandemic has done a number on the U.S. economy, making it more challenging for millions to pay their credit card and other bills on time, let alone put food on the table. But according to a new survey by AIG Retirement Services and EVERFI, college students are actually displaying more responsible credit use […]

US private payrolls post first decline in 8 months as COVID-19 soars

More On: layoffs US workers file 803K jobless claims as COVID-19 pressures labor market Marriott axes more than 800 workers at Times Square hotel Jay Penske’s WWD cuts jobs as DOJ clears his Hollywood Reporter merger Southwest issues layoff warnings to 6,828 employees US private companies shed workers in December for the first time in […]

Today's mortgage refinance rates stay low | January 6, 2021

Check out the mortgage refinancing rates for January 6, 2021, which are unchanged from yesterday. (iStock) Based on data compiled by Credible Operations, Inc., NMLS Number 1681276, current mortgage refinance rates have remained largely unchanged since yesterday. Fixed mortgages for 15-year rates stuck around 2.125%, which extends its record low to 27 straight days. The […]

Michelin scrapping 2,300 jobs over next three years

Car design, production will change drastically in next two decades: Magna CEO Magna CEO Swamy Kotagiri on the latest tech trends in the auto industry. French tire maker Michelin said on Wednesday it would cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this […]

European Economics Preview: Germany’s Flash Consumer Price Data Due

Flash consumer prices from Germany and France and final Purchasing Managers’ survey results from major euro area economies are due on Wednesday, headlining a busy day for the European economic news. At 2.45 am ET, France’s statistical office Insee publishes flash consumer prices and monthly consumer sentiment survey data. EU harmonized prices are forecast to […]

Impossible Foods slashes wholesale prices amid increased demand

More On: Impossible Foods Plant-based egg startup aims to see profit next year, maybe IPO Impossible Foods raises another $200M as burger demand soars Judge sides with Burger King over vegans’ beef with ‘Impossible Whopper’ Starbucks adds Impossible Foods breakfast sandwich to menu Impossible Foods is chopping its wholesale prices for the second time in […]

9 surprising things car insurance covers

What your auto insurance policy covers may surprise you. (iStock) It’s sometimes difficult to see the value in car insurance. It’s the kind of expense you hope you’ll never use, but when you’re in an accident or your car is vandalized, your policy can protect you from paying for costly repairs out-of-pocket. Continue Reading Below […]

Today's mortgage refinance rates stay historically low overall | January 4, 2021

Check out the mortgage refinancing rates for January 4, 2021, which are unchanged from last Wednesday. (iStock) Based on data compiled by Credible Operations, Inc., NMLS Number 1681276, current mortgage refinance rates did not budge from historic lows. More specifically, 30-year rates have held firm at 2.625% for 30 consecutive days. Continue Reading Below 30-year […]