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(Bloomberg) — Apple Inc. Gross sales declined for the third quarter in a row and anticipated comparable efficiency within the present interval, hit by an industry-wide recession that dampened demand for telephones, computer systems and tablets. Most Learn from Bloomberg After the corporate reported a 1.4% decline in income in its fiscal third quarter, Chief…

An rising variety of Individuals face the prospect of retiring with out a penny in financial savings. Only one in 10 low-income employees ages 51 to 64 had cash put aside for retirement in 2019, in contrast with 1 in 5 employees in 2007 earlier than the Nice Recession, in line with a latest report….

Coinbase’s cryptocurrency buying and selling income fell within the second quarter as regulators elevated authorized stress on the most important cryptocurrency change in the US, leading to a internet loss that widened from the primary quarter. The slowdown in a significant revenue maker for Coinbase (COIN) got here because the change fell out with the…

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(Bloomberg) — Elon Musk sees rather a lot to love on the shorter finish of the treasury curve. Most Learn from Bloomberg On Thursday, Musk, CEO of Tesla Inc. and proprietor of X, the social media platform previously often called Twitter, calling short-term T-bills a “no-brainer”. The feedback got here in response to a tweet…

Written by Stephen Nelis (Reuters) – Apple on Thursday anticipated sluggish gross sales to proceed within the present quarter, sending shares decrease regardless of beating Wall Road gross sales and revenue targets within the fiscal third quarter. Shares of Apple fell about 2% after the corporate forecast what may very well be the fourth consecutive…

(Bloomberg) — Apple Inc. Its China income was a surprisingly robust 8% whereas it set a file for Indian iPhone gross sales, shiny spots in a disappointing quarterly check-in from the world’s most precious firm. Most Learn from Bloomberg These double achievements emerged after Apple introduced a decline in gross sales for the third consecutive…

Dow futures rose barely in a single day, together with S&P 500 futures and Nasdaq futures. apple (AAPL) And Amazon.com (AMZN) headlined an enormous evening of earnings, with the July jobs report forward of Friday’s opening. X After Wednesday’s sell-off, the inventory market rally pared modest declines within the morning to shut solely barely decrease…

By David Shepardson WASHINGTON (Reuters) – Normal Motors mentioned on Thursday it expects to supply union employees greater wages, however awarding bold contracts to the United Auto Employees (UAW) together with massive pay will increase would harm its means to make sound enterprise choices. Firm and union sources informed Reuters the AFL is looking for…