Netflix Q3 Earnings, Subscriber Additions Miss Estimates

Netflix Inc. (NFLX), Tuesday reported a third-quarter profit that fell short of Wall Street estimates, despite revenues increasing 23% and beating expectations. The online-video streaming giant’s subscriber additions were below outlook, sending its shares down 6% in the extended trading session. Netflix added 2.20 million subscribers globally in the quarter, lower than its forecast of 2.5 million, to end the […]

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How do I get the most out of my mortgage refinance?

If you’re thinking about buying a new home or refinancing your current mortgage, now may be a good time to take the plunge because interest rates may not stay this low for very long. (iStock) The pandemic flipped the economy on its head. On a positive note, mortgage rates hit record lows — and with these lower rates, now is the […]

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Biden’s progressive new friends get ready to grip the US economy

Most Americans will not head to the polls to choose their next president for more than a fortnight. The unseen battle to shape the economic course of the Biden administration that may be ushered in on November 3 is already under way, however. Washington insiders argue the real "result" of the election will only become clear in the days after […]

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China GDP growth accelerates to 4.9%

Industrial output undergirds recovery. China’s economic growth continued to gain momentum in the third quarter, with the GDP expanding 4.9% from a year earlier in the July-September period, according to official Chinese data released on Monday. The pace of expansion was faster than the preceding quarter’s 3.2% and underlined the rebound in the world’s second-largest economy at a time when […]

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Airlines plan for prolonged coronavirus travel drought

Airline furloughs leads to massive air travel drop The expired $25 billion stimulus package is causing airlines to furlough workers and cut flights. FOX Business’ Kristina Partsinevelos with more. U.S. airlines expect it will be years before their business recovers from the coronavirus pandemic, even after pulling together over $100 billion by tapping government aid and mortgaging assets including planes […]

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Coronavirus stimulus deal close to election a ‘huge’ risk for Trump: Mulvaney

Mulvaney: Agreeing on a stimulus this close to the election could hurt Trump Former Office of Management and Budget Director Mick Mulvaney on coronavirus stimulus negotiations and the presidential election. President Trump could get hurt politically with a coronavirus relief package so close to the 2020 presidential election due to a media bias, Mick Mulvaney, former acting White House chief of […]

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