A tourist poses with the Wall Street bull statue in the Financial District, August 21, 2018 in New York City. Drew Angerer | Getty Images If you’ve tired of reading reports about millennials, new research out Wednesday may be the last you’ll have to read because it suggests this generation has peaked. Along with this
Investing
Source: Betterment Regulators have asked online wealth advisor Betterment to clarify some details surrounding its new checking and savings accounts just hours after they were launched. The digital wealth-management start-up unveiled new accounts that offer as much as a 2.69% annual yield. But Betterment was asked to provide more specifics to one of its regulators
Shares of UPS surged as demand for faster delivery powered a second quarter that beat Wall Street expectations. The shipping company reported earnings of $1.96 per share on $18.048 billion in revenue. Analysts expected $1.92 in earnings per share and $17.966 billion in revenue, according to Refinitiv. Volume for NextDay Air increased by more than
The Federal Reserve heads into its meeting next week with three choices, each carrying its own advantages as well as drawbacks. Policymakers either can choose to hold interest rates steady, cut by a quarter or a half point. Raising rates isn’t an option and may well not be for several years. Markets are indicating that
A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Images The U.S.-China trade war is badly hurting iRobot, the company that makes the Roomba robot vacuum cleaner. Shares of iRobot plummeted more than 13% in after-hours trading Tuesday after the company’s top executive said tariffs