S&P 500 sales growth is at a nearly 5-year high. Here’s what’s behind the surge.
Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index’s sales performance.
Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index’s sales performance.
Investors who blacklist Space Exploration Technologies Corp. out of governance qualms are too hung up on box-checking and risk depriving themselves of long-term financial gains, according to Aniket Shah of Jefferies. “The idea that there’s an — in quotes — acceptable form of good governance” is one that “I highly question,” said Shah, who is…
Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a three-week losing streak. The S & P 500 gained 1% last week, while…
Just over half of accountants report being “highly satisfied” with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer. The preliminary results of the 3rd Annual CPA Career Satisfaction Survey, which were released at last week’s Bridging the Gap…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Newly enacted housing…
(Original Caption) Louisville, KY: The twin spires atop the stands at Churchill Downs Race Track remind all of the magic of Thoroughbred racing. Bettmann Archive In an effort to help elevate Thoroughbred racing among the everyday sports fan, Churchill Downs and the New York Racing Association will launch a three-year-old championship series consisting of six…
Natasa Adzic/stock.adobe.com Every October, our profession performs the same ritual. We work nights, we apologize to our families, we tell each other the extension deadline is brutal this year, as if it were weather. Then we file on October 15, exhale and change nothing. Processing Content The October crunch is not caused by the deadline….