When an insurance company’s financial distress forces it out of business in the U.S., the company does not file for bankruptcy. A state court usually issues the insurance company an order of insolvency and liquidation, according to the National Organization of Life & Health Insurance Guaranty …
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After a mixed market performance on Tuesday, when major indices slipped at the close despite intraday gains, Wednesday opened on a bullish note. The S&P 500 rose 0.4%, driven by robust earnings releases and amid geopolitical tensions.The NASDAQ composite was up 0.6%, crediting, once again, to …
Amazon’s stock slipped 1.2% on Tuesday, despite bullish sentiment from Bank of America analysts around Q3 year-over-year spending trends. The company’s shares, which are down 4.3% this month, have been trying to regain momentum, as Amazon ramps up e-commerce and logistics engines ahead of the …
One shopper says it’s “head and shoulders above” other well-known speakers…
Microsoft is dropping support for one of its oldest programs.Users will not be able to access content created in the program after Oct. 1, 2026.Users should migrate their files to other platforms now. When a company stops supporting a piece of software, it can be jarring for users…
Despite the headwinds, Amazon’s quarterly reports still read like a masterclass in scale meeting discipline. The e-commerce behemoth’s growth engine continued humming, even with retailers elsewhere buckling under tariff pressures and consumer fatigue. In the second quarter, Amazon …
The current state of the U.S. housing market should be thoughtfully examined in the context of some important economic events that occurred during the past few years. Faced with surging inflation throughout 2022, the Federal Reserve responded by raising the federal funds rate in an effort to dampen …
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