Allstate Stock Has Support in Place
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The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021.Jeff Kowalsky | Afp | Getty ImagesDETROIT — Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as...
Check out the companies making headlines in midday trading. Nike — The sneaker brand fell nearly 8% after the company gave a soft outlook for the full year and reported that sales in China have been slowing . In its latest quarter, Nike reported beats on the top and...
Stubbornly high inflation could push the Federal Reserve into a more cautious stance this year regarding interest rate cuts, the central bank's former vice chair said Friday.Richard Clarida, who served as Fed governor until January 2022 and is now a global economic advisor at asset management giant Pimco, said...
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The U.S. has rapidly overwhelmed China as the world's top spot for millionaires and billionaires, according a new...
A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | ReutersMany of the world's greatest athletes will make their big-screen debut in IMAX theaters this summer.NBC announced Friday that its live coverage of the 2024 Paris Olympics opening...