Irish ultra low-cost carrier Ryanair Holdings reported Monday a strong growth in second-quarter profit with strong demand and increase in average fares. Looking ahead for fiscal year 2023, Ryanair expects an adjusted profit, and also raised traffic view. For fiscal year 2023, Ryanair expects that it will minimize its winter losses which would enable it to record pre-exceptionals profit after […]
Read morevideo Karl Rove: Biden ‘divorced from reality’ when touting economy Fox News contributor Karl Rove gives midterm outlook as voters shift sharply toward GOP on ‘Maria Bartiromo’s Wall Street.’ A used casket was reportedly traded in for a cash loan at a pawn ship in Aurora, Colorado, as the U.S. economy continues to decline. Scott Pasternack, who runs Pasternack’s Pawnshop […]
Read morevideo Elon Musk needs to focus on Tesla: Kevin Paffrath ‘Meet Kevin’ financial analyst and YouTuber Kevin Paffrath provides insight on the Tesla company on ‘Making Money.’ Elon Musk's Hyperloop test tunnel has reportedly been dismantled. The futuristic project near the SpaceX office in Hawthorne, California, has been indefinitely shelved, according to Bloomberg. Through Hyperloop, Musk is seeking to revolutionize […]
Read morevideo Surging diesel prices ‘really hurting’ small trucking outfits: Bart Plaskoff Summit Trucking president Bart Plaskoff says he is paying an extra $70,000 a week for diesel fuel as the shortage worsens on ‘Varney & Co.’ The U.S. is grappling with the one of the worst diesel shortages in decades, with reserves of the fuel used for heating and trucking […]
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While reporting financial results for the third quarter on Tuesday, genetic testing firm Myriad Genetics, Inc. (MYGN) slashed its earnings and adjusted earnings and revenue guidance for the full year 2022 to reflect third quarter business updates. For fiscal 2022, the company now projects a loss in a range of $1.35 to $1.30 per share and adjusted loss in a […]
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Euro area inflation advanced to a historic high in October, while growth slowed, posing a tough time for the European Central Bank that is trying to balance the risk of recession and the persistently high inflationary pressures. Inflation accelerated to a record 10.7 percent in October from 9.9 percent in the previous month, flash data from Eurostat showed Monday. The […]
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Despite the Albanese government’s best efforts to sell their first budget as a ‘five-point cost of living plan’, the aftermath has been dominated by the bombshell prediction that power bills will rise by 56 per cent over this year and next. That’s made up of a 20 per cent increase in this financial year and a 30 per cent increase […]
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Revised data released by the University of Michigan on Friday showed U.S. consumer sentiment improved by slightly more than originally estimated in the month of October. The report showed the consumer sentiment index for October was upwardly revised to 59.9 from the preliminary reading of 59.8. Economists had expected the index to be unrevised. The revised reading for October is […]
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It was an aspirational budget, with much of it nothing more than confirmation of Labor’s electoral promises. But the government’s biggest challenge will be in the implementation. The reduction in the qualifying age for downsizer contributions to age 55 has been in the pipeline for months and will do little for anybody downsizing now because the qualifying age for non-concessional […]
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