The Supreme Court will hear arguments in 2023 about whether President Joe Biden’s student debt forgiveness can proceed. For now, the program remains paused.
Here’s where the jobs are for November 2022 — in one chart
Service sector categories showed strong growth in November, while other areas lost jobs.
35% of millionaires say it’s ‘going to take a miracle’ to be ready for retirement, report finds
Fewer Americans, including millionaires, feel confident about their financial standing.
Payrolls and wages blow past expectations, flying in the face of Fed rate hikes
Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.
Stocks making the biggest moves premarket: Marvell Technology, Horizon Therapeutics, DoorDash and more
These are the stocks posting the largest moves before the bell.
Barclays downgrades Blackstone shares after firm limits withdrawals from real estate fund
Barclays sees a challenging near-term ahead for Blackstone after the investment firm limited withdrawals from a fund after redemption limits were triggered.
Hong Kong’s Hang Seng had its best month since 1998, but remains in bear market territory
Hong Kong’s economy has been battered by Beijing’s prolonged zero-Covid policy that has shut out travelers from mainland China and dampened consumer confidence.
Wrong Covid test results in China raise concerns ‘the pandemic may never end’
Local frustration with Covid controls in China has increasingly targeted virus testing requirements and the big business they’ve fueled.
Stocks making the biggest moves after hours: Asana, Zscaler, Marvell and more
These are the stocks posting the largest moves in extended trading.
Economist Austan Goolsbee named next Chicago Fed president
Economist Austan Goolsbee will take over as president of the Chicago Federal Reserve early next year.