Goldman CEO David Solomon kicked off Wall Street’s layoff season in September and then opted to enact the industry’s deepest cuts so far.
Consumers see inflation—and spending—cooling off in the year ahead, New York Fed survey shows
The one-year inflation outlook declined to 5%, down 0.2 percentage point from the previous month and the lowest level since July 2021.
Rolls-Royce sees record sales 2022, no slowdown in spending by the wealthy
Rolls-Royce sold a record number cars in 2022 as demand for its $500,000 vehicles remained strong.
Stocks making the biggest moves premarket: Lululemon, Duck Creek, Mastercard, Uber and more
These are the stocks posting the largest moves in the Monday premarket
Market expectations for a soft landing are growing after latest batch of economic reports
The rally is partly due to positioning: because of the negative mood, stocks will move up more on good news than it goes down on bad news.
2022 was the worst-ever year for U.S. bonds. How to position your portfolio for 2023
In 2022, bond investors suffered worse returns than they have in the last 250 years, according to an investment historian.
Think you’ve got investing skill? Your overconfidence may be costly
A new report suggests many investors, especially younger ones, are overconfident in their abilities. That behavioral bias may lead to loss or too much risk.
How to balance retirement and emergency savings in a shaky economy
Experts cover how to decide between saving to your 401(k) for retirement versus your emergency fund in an unsteady economy.
Mega Millions jackpot is $940 million: Here’s what to do if you come into a large sum of money
Whether it’s an inheritance, sale of a property, bonus or even a tax refund, there are many ways to end up with a windfall apart from winning the lottery.
Stocks making the biggest moves midday: World Wrestling Entertainment, Bed Bath & Beyond, Costco and more
These are the stocks posting the largest moves in midday trading.