Nonfarm payrolls were expected to increase by 170,000 in December, according to a Dow Jones consensus estimate.
Category: Finance News
Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK
New rules in the U.K. require crypto companies to make clear to users the risks involved in trading cryptocurrencies and advertise their services responsibly.
Adani Group founder Gautam Adani is once again Asia’s richest person
Gautam Adani is the richest person in Asia again, according to Bloomberg Billionaires Index’s updated figures Friday.
BYD’s five best-selling cars, including one edging out Tesla’s Model Y in China
While Tesla’s Model Y was the best-selling purely battery-powered car in China for the six months ending in November, BYD accounted for four of the top 10.
Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report hits Friday morning, markets will be looking for a number that hits a sweet spot.
State-run ‘auto-IRA’ programs aim to close retirement savings gap
Seven states are enrolling workers in so-called auto-IRA programs to address a gap in 401(k) coverage and savings. More are scheduled to come on line.
Stocks making the biggest moves midday: Apple, Walgreens, Mobileye, Eli Lilly and more
These are the stocks posting the largest moves in midday trading.
Cliff Asness’ AQR Absolute Return fund returns 18.5% in 2023, boosted by value picks
Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees.
St. Louis Fed names former Tudor executive Alberto Musalem as new president
Musalem, 55, will start on April 2. He replaces James Bullard, who joined Purdue University last August.
Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the broader market
Billionaire investor Ken Griffin’s various hedge fund strategists all posted double-digit returns for 2023, but they failed to beat the broader market.