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Financial News Around the World

The luxury consumer is still buying, says Neiman Marcus CEO Geoffroy van Raemdonck

Geoffroy van Raemdonck, Neiman Marcus CEO, joins ‘Closing Bell Overtime’ to talk luxury retail spending, consumer trends and more.

Published 7 March 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Broadcom, Costco, MongoDB and more

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

Published 7 March 2024
Categorised as Finance News

Jobs report Friday is expected to show a slowing but still healthy labor market

The nonfarm payrolls report is expected to show growth of 198,000 and the unemployment rate holding steady at 3.7%.

Published 7 March 2024
Categorised as Finance News

Trump vs. Biden: What a presidential election rematch could mean for your taxes

With looming tax law changes slated for after 2025, President Joe Biden or former President Donald Trump would face several expiring tax provisions.

Published 7 March 2024
Categorised as Finance News

Powell says the Fed is ‘not far’ from the point of cutting interest rates

Powell on Thursday indicated that interest rate cuts may not be too far off, if inflation signals cooperate.

Published 7 March 2024
Categorised as Finance News

Bailing on the stock market during volatility is a ‘loser’s game,’ financial advisor says. Here’s why

Getting out of the stock market during periods of volatility may feel safer. But the math suggests investors often sacrifice big returns.

Published 7 March 2024
Categorised as Finance News

Stocks making the biggest moves midday: Victoria’s Secret, Novo Nordisk, Intel, Shake Shack and more

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

Published 7 March 2024
Categorised as Finance News

President Biden wants higher taxes on Corporate America’s stock buybacks

Biden will reportedly propose in his State of the Union speech to lift the tax companies pay when they buy back their own stock, to 4% from 1%.

Published 7 March 2024
Categorised as Finance News

NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent

NYCB had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise, down from $83 billion it had as of Feb. 5.

Published 7 March 2024
Categorised as Finance News

32-year-old mom who makes $143,000/month in passive income: 5 books that helped me get started

Millennial mom, entrepreneur and PayBump founder Jasmine McCall shares the books that helped her build a successful passive income business.

Published 7 March 2024
Categorised as Finance News

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