United Auto Workers President Shawn Fain speaks with the media and union members outside the UAW Local 900 headquarters across the street from the Ford Assembly Plant in Wayne, Michigan, Sept. 15, 2023.Matthew Hatcher | AFP | Getty ImagesDETROIT – The United Auto Workers strike is bringing a blue-collar...
Short term treasury yields have risen to levels too high for wealth managers to ignore. Maybe that’s why they are ignoring municipal bonds instead. Treasury yields from one month through 2 years up the curve have eclipsed 5% at last check thanks to the past year’s steady diet of Federal...
Shoppers at a Chicago grocery store on Aug. 9, 2023.Scott Olson | Getty ImagesInflation has continued to take a bite out of Americans' wallets in 2023. But onetime predictions that a recession is on the horizon are instead now turning into forecasts of a soft landing for the U.S....
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. 15, 2023.Michael B. Thomas | Getty ImagesCheck out the companies making headlines in midday trading.General Motors, Ford, Stellantis — Shares of Ford rose slightly, while General Motors gained 1%...
After California lawmakers passed a landmark fast food bill, an independent advocacy group of McDonald's owners is pushing back against what it says will be a "devastating financial blow" to its franchisees in the state, according to a memo to its membership viewed by CNBC.The new legislation, AB 1228,...
Prapass Pulsub | Moment | Getty ImagesAs year-end approaches, some investors may be weighing a Roth individual retirement account conversion to save on future taxes. But there are several things to consider first, experts say.The strategy transfers your pretax or non-deductible IRA funds to a Roth IRA, which kick-starts...
Chris Rondeau, CEO of Planet FitnessAdam Jeffery | CNBCIn a move that stunned investors and employees alike, Planet Fitness ousted company veteran Chris Rondeau from his post as CEO, the workout chain said Friday in a press release.The stock dropped 15% in the wake of the announcement, hitting a...
Building community has been the cornerstone of Katherine Colsher’s career, spanning from the launch of the “10,000 small businesses” program at Goldman Sachs to becoming the CEO at Girls Who Invest. Colsher, a judge at this year’s InvestmentNews Women to Watch Summit, is motivated by opportunities to build and...
