Zoom and Salesforce stand to benefit from Microsoft’s unbundling of Teams and Office
Microsoft’s decision to untie its Teams communications app from Office bundles is a potential boon for rivals Zoom and Salesforce.
Bank of America names its top picks for the second quarter, including this Big Tech company
Here are some of Bank of America’s top picks for the new quarter.
Powerball jackpot hits $1 billion. Here’s how to pick between the lump sum or annuity if you win
The Powerball jackpot officially hit $1 billion on Monday, the game’s fifth-largest grand prize. Here’s how to decide between the lump sum or annuity payout.
Macy’s hasn’t closed 150 stores yet. But Target, Kohl’s CEOs already smell opportunity
Macy’s closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.
Alex Murdaugh sentenced to 40 years in prison for federal financial crimes
The disgraced former lawyer is already in prison for life for the murders of his wife and their younger son in 2021. His financial crimes sentences can be served concurrently.
Citigroup stock market sentiment model reaches euphoria levels, which typically foretells a decline
The gauge suggests equities could decline about 9% over the next 12 months, measured over a median basis.
Dartmouth and Vanderbilt expand financial aid awards in an effort to eliminate student loans
More students from middle-class families will be able to graduate debt-free after top colleges expand their no-loan financial aid programs.
United asks pilots to take unpaid time off, citing Boeing’s delayed aircraft
United previously paused pilot hiring because of late-arriving aircraft from Boeing.
Treasury yields jump to start second quarter
The 10-year U.S. Treasury yield and 2-year yield rose on Monday.
