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As McDonald’s approaches its third-quarter earnings report, due Tuesday, anticipation builds on Wall Street. Analysts from LSEG have predicted earnings per share to hover around $3.20, with revenue expectations set at $6.82 billion. However, these figures come against the backdrop of a serious public health scare that could potentially tarnish the Golden Arches’ reputation. In
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In recent years, American society has witnessed a notable transformation in family structures, particularly with the rise of single-parent households. As we approach another presidential election, these shifts are drawing increased attention. Notably, the demographic often labeled as “childless cat ladies” is gaining visibility alongside a significant rise in single mothers raising children independently. This
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In an impressive display of resilience, HSBC, the largest bank in Europe, reported substantially positive third-quarter earnings on Tuesday, surpassing analyst expectations. The financial institution showcased a pre-tax profit of $8.5 billion, comfortably above the anticipated $8 billion. This figure reflects a 10% increase from the previous year’s $7.71 billion, painting a picture of robust
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The ongoing strike by Boeing machinists has escalated tensions within the aerospace industry, with Spirit AeroSystems at the forefront of the struggle. As the strike approaches its sixth week, the repercussions are becoming increasingly evident. Spirit, a vital supplier of fuselages and other major components for Boeing aircraft, is now considering furloughs or layoffs for
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As we look toward the tax landscape for 2025, significant revisions to capital gains tax thresholds present both opportunities and challenges for investors. The Internal Revenue Service (IRS) has introduced inflation adjustments, particularly for long-term capital gains, distinctive for assets held over a year. This provides a unique chance for individuals to effectively manage their
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Investors are continuously searching for avenues to generate stable income while simultaneously diversifying their portfolios. One highly regarded approach is to invest in dividend stocks, which not only provide consistent payouts but also potentially contribute to long-term capital appreciation. To navigate the sea of available options, investors often rely on analyses and recommendations from knowledgeable
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American Airlines has recently released its financial results for the third quarter, showcasing a blend of struggles and signs of recovery. Despite incurring a $149 million net loss during this period, the airline’s CEO, Robert Isom, expressed a cautiously optimistic outlook rooted in a revised sales strategy implemented earlier this year. The airline’s ability to
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In a significant move for consumer protection, the Consumer Financial Protection Bureau (CFPB) has officially implemented a new rule regarding personal financial data rights. This pioneering guideline requires financial service companies to grant individuals access to their own financial data — encompassing everything from bank accounts to payment apps. The rule aims to bolster consumer
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