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Brace Yourself! Intel’s Stock Nosedives To Lowest In 10 Years, Suffers Worst Day on Wall Street In Half A Century Intel shares plunged by 26% to $21.48, their lowest stock price since 2013, bringing the market capitalization below the $100 billion mark. This followed the company’s disappointing earnings report and the announcement of a large restructuring plan. Don’t Miss: The Intel debacle directly affected the semiconductor industry worldwide, taking a toll on Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. TSMC, the world’s biggest chipmaker, slid 4.6% in Taiwan. In South Korea, the world’s largest memory semiconductor maker, Samsung Electronics plunged by more than 4%. The effects reached the Nasdaq composite index, which was down 2.4%, with most of it lost due to Intel’s plunge. Intel’s latest quarterly financials were grim. The net loss was $1.61 billion, contrasted with a net income of $1.48 billion in the same period last year. Adjusted earni...

A teenage girl wearing a face mask, head scarf and long black robe, listens to a math teacher at a tutoring center in Kabul. The center was established by a women’s rights activist to circumvent a Taliban ban on girls attending secondary school. The activist said she has informal permission by Taliban authorities to run the center as long as teenage girls abide by a strict dress code. Diaa Hadid/NPR hide caption toggle caption Diaa Hadid/NPR After the Taliban marched into Kabul in August, 2021, Zahir gathered 40 members of his extended family in the living room to discuss how the takeover would affect their lives. Twenty-five of them were girls and women. “I told them that I understand that they are suffering now, and that I and all the men this family are with you,” recalls Zahir, a 45-year-old public service professional. “We couldn’t st...

Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than four times the population of the U.S. — has attracted multinational corporations for decades given its large, fast-growing market. But slower growth and intense local competition, amid tensions with the U.S., are now weighing on corporate earnings. “Consumer sentiment in China is quite weak,” McDonald’s chairman, CEO and director Christopher Kempczinski, said of the quarter ended June 30. “You’re seeing both in our industry and across a broad range of consumer industries, the consumer being very, very much deals seeking,” he added. “In fact, we’re seeing a lot of switching behavior in terms of just consumers, whatever is the best deal, that’s wher...

Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images Renewed fears of a U.S. recession have put a spotlight on unemployment. However, the system that workers rely on to collect unemployment benefits is at risk of buckling — as it did during the Covid-19 pandemic — if there’s another economic downturn, experts say. “It absolutely isn’t” ready for the next recession, said Michele Evermore, senior fellow at The Century Foundation, a progressive think tank, and a former deputy director for policy in the U.S. Labor Department’s Office of Unemployment Insurance Modernization. “If anything, we’re kind of in worse shape right now,” she said. Unemployment insurance provides temporary income support to laid-off workers, thereby helping prop up consumer spending and the broader U.S. economy during downturns. The pandemic exposed “major cracks” in the system, incl...

A student raises their hand in a classroom at Tussahaw Elementary school Aug. 4, 2021, in McDonough, Ga. Brynn Anderson/AP/AP hide caption toggle caption Brynn Anderson/AP/AP As students prepare to head back to school, they may feel a range of emotions. Many may feel excited or anxious about starting a new grade or school. When it comes to having a successful school year, no one knows what they need more than students themselves. That’s why we asked kids across the U.S. to share their best tips on going back to school — and they delivered. Read on for advice from a second-grader all the way to a kid almost done with high school. Lucy González Brix — second grade Lucy, who lives in Charles City, Va., has a tip that will help in and out of school: She says she’s learning about how to add coins so she can use money. “It’s i...

At a glance Expert’s Rating Pros Top-notch antivirus protection More granular control over settings, including scan depth Streamlined, easy to navigate interface Cons Slower PCs may see a performance impact during long full scans No included VPN and password manager A couple of features are buggy Our Verdict Avast Premium Security expands the protection of the company’s already excellent free antivirus software by leaning harder into safeguarding your PC. That can be a boon for those who don’t need (or want) their security suite to focus on identity and privacy threats—especially if you’re up for choosing VPN and password manager services yourself. However, a couple of buggy features keep this suite from standing out among its rivals. Price When Reviewed $51 Best Prices Today: Avast Premium Security PCWorld Software Store $19.99 Avast is well-known for its free antivirus software—and with how highly rated it is, upgra...