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Category: Finance News

Job data suggests ‘soft landing’ is increasingly likely, economists say

Job openings pulled back in October while hires, quits and layoffs stayed steady, pointing to a nearly balanced labor market, economists said.

Published 5 December 2023
Categorised as Finance News

Supreme Court hears tax case on ‘income’: It may ‘have the biggest fiscal policy effects of any court decision,’ expert says

The Supreme Court on Tuesday is hearing oral arguments for Moore v. United States, a case that could affect broad swaths of the U.S. tax code.

Published 5 December 2023
Categorised as Finance News

Stocks making the biggest moves midday: Apple, Nio, CVS Health, GitLab and more

These are the stocks posting the largest moves in midday trading.

Published 5 December 2023
Categorised as Finance News

Ermenegildo Zegna on taking advantage of the ‘quiet luxury’ trend and post-Covid dress codes

Ermenegildo Zegna, Ermenegildo Zegna chairman and CEO, joins ‘Squawk on the Street’ to discuss what Zegna is telling investors about demand for luxury items, how the Asian consumer has performed, and how consumers are dressing.

Published 5 December 2023
Categorised as Finance News

At 99, billionaire Charlie Munger shared how to avoid major mistakes in life: Dodge ‘toxic people and toxic activities’

One of Charlie Munger’s final pieces of advice was to avoid toxic people, in both business and life.

Published 5 December 2023
Categorised as Finance News

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Employment openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday.

Published 5 December 2023
Categorised as Finance News

A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before doing it

A rollover may be the largest financial transaction a household ever makes. There are pros and cons to consider.

Published 5 December 2023
Categorised as Finance News

There’s now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks

BMO announced the launch of the Max SPX 500 4x leveraged ETNs, which will be the highest leveraged exchange traded products in the U.S., according to CFRA.

Published 5 December 2023
Categorised as Finance News

Stocks making the biggest moves premarket: GitLab, CVS Health, Take-Two Interactive & more

These are the stocks posting the largest moves in premarket trading.

Published 5 December 2023
Categorised as Finance News

Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom

Wells Fargo CEO Charlie Scharf said low staff turnover means the company would likely book a large severance expense in the fourth quarter.

Published 5 December 2023
Categorised as Finance News

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