The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring.From a consensus view, economists expect the Bureau of Labor Statistics on Friday morning to report a gain of 155,000...
Check out the companies making headlines in midday trading. eBay – Shares jumped 9.7% and touched 52-week highs after announcing that Meta is testing using its listings on Facebook Marketplace . Buyers from Facebook will be redirected to eBay to complete transactions. The gain put the stock on track...
The rally in bitcoin and other cryptocurrency prices has generated excitement among some investors, but investment advisors are largely still skeptical that those volatile assets belong in a 401(k) plan or other qualified retirement savings plans. Crypto was one of the fastest-growing categories of exchange-traded funds in 2024. The most...
A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024. Allison Joyce | Bloomberg | Getty ImagesPrivate sector job creation eased more than expected in December while...
Check out the companies making headlines before the bell. SolarEdge Technologies — The solar stock dropped 6%. Citi downgraded SolarEdge to sell from neutral, saying the company faces "stubbornly high" operating expenses despite its restructuring announcement. Shares moved 6.6% and 8% higher on Monday and Tuesday, respectively, after SolarEdge...
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | ReutersPresident-Elect Donald Trump is contemplating calling a national economic emergency to implement his wide-reaching tariff policies, four sources familiar with the matter told CNN.A declaration of this nature will give Trump...
Dubai, UAE, January 8th, 2025, FinanceWireAchieving success in financial markets is often a challenging journey for many investors. Requiring both time management and market expertise, individual investors frequently struggle with inexperience, risk control, and developing effective strategies. This is where PAMM (Percentage Allocation Management Module) accounts come into play, offering a...
Small and Medium Enterprises (SMEs) are the backbone of economies worldwide, driving innovation, employment, and economic growth. However, one of their most significant challenges remains securing adequate funding to support operations and expansion. Traditional financing methods, such as bank loans and venture capital, often impose strict requirements, leaving many...
Check out the companies making headlines in after-hours trading. Cal-Maine Foods – Shares gained 4% after the egg production company posted its latest quarterly results . For its second quarter of fiscal 2025, Cal-Maine Foods earned $4.47 per share on revenue of $954.7 million, with the latter figure marking...
Howard Marks, one of the most respected value investors who famously foresaw the dotcom bubble, is pointing out a handful of red flags in the market like valuation that could mean poor returns over the long term or a sizable decline nearer term. In his latest memo to clients,...
The December jobs report is...
The rally in bitcoin and...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
A Washington, D.C., federal court this week prevented Finra from expelling a brokerage it found to have harmed customers, but the regulator is confident it can defend its enforcement authority in that case and a separate one that was filed earlier this month. Tuesday, the U.S. Court of Appeals for...
Australia's Transport Workers' Union have asked Qantas' CEO to resign over for "empty promises to frustrated passengers" and "announcing more tactics to silence workers and suppress wages."Phil Noble | ReutersAustralia's flagship carrier Qantas Airways reported a record annual profit on Thursday as demand for air travel continues to boom...
Relying on Social Security benefits for a comfortable retirement has never been a good plan, but most Americans today think they may not get anything at all. Research from the Nationwide Retirement Institute has found an increase in the number of those aged 50 and over who think the Social...
The average price for U.S. houses sold during the second quarter was nearly $500,000 — that, coupled with the highest mortgage interest rates in over 20 years, could make a 401(k) loan appealing for buyers. Whether that’s a good idea is another matter. In the best-case scenario, financial advisors say:...
A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023.Jim Vondruska | ReutersWegovy, the popular weight loss drug from Novo Nordisk, significantly reduced symptoms of a common type of heart failure in patients with obesity, according...
The highest court in Massachusetts upheld the state’s investment advice standard that imposes fiduciary duty on brokers, dealing a setback to online brokerage Robinhood’s effort to kill the regulation. The Massachusetts Supreme Judicial Court ruled Friday that the state’s top securities regulator, Secretary of the Commonwealth William Galvin, acted within...
Marvell Technology GroupSource: marvell.comCheck out the companies making headlines before the bell.Marvell Technology — Shares fell more than 3% before the bell despite the company topping Wall Street's expectations for the recent quarter. Marvell posted earnings of 33 cents per share, excluding items, on $1.34 billion in revenue. Analysts...
