After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t easily just take their financial data and leave. And some are very unhappy about it, three customers told TechCrunch. To recap: When Bench, a startup based...
VILNIUS, Lithuania, January 10th, 2025, FinanceWireWhiteBIT TR cryptocurrency exchange has announced a strategic partnership with Turkey’s first neobank, Misyon Bank, ushering in 2025 with a significant milestone for the Turkish cryptocurrency sector. This collaboration enables Misyon Bank to connect with individual investors across Europe through WhiteBIT TR, marking its...
Check out the companies making headlines in midday trading: Delta Air Lines — Shares of the airline surged 9% on better-than-expected results for the fourth quarter. Delta posted adjusted earnings of $1.85 per share on $14.44 billion of revenue. That surpassed the LSEG forecast of $1.75 per share and...
Constellation Brands put up such disappointing quarterly results before Friday's opening bell that we're having second thoughts about whether the beer, wine and spirits stock still belongs in the portfolio. Net sales for the three months ended Nov. 30 were largely flat year over year, coming in at $2.46...
December's job report marked yet another month of stronger-than-expected growth, with gains coming from many different parts of the U.S. economy.Last month, health care and social assistance jobs saw the largest gains for a third consecutive month, adding 69,500 to payrolls, according to data from the Bureau of Labor...
A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024.Yuki Iwamura | Bloomberg | Getty ImagesThe unemployment rate fell for Black women in December,...
A ''Now Hiring" sign hangs above the entrance to a McDonald's restaurant in Miami Beach, Florida.Joe Raedle | Getty ImagesJob growth was much stronger than expected in December, possibly providing the Federal Reserve less incentive to cut interest rates this year.Nonfarm payrolls surged by 256,000 for the month, up...
Check out the companies making headlines in premarket trading. Delta Air Lines — The airline stock popped 6% on stronger-than-anticipated fourth-quarter earnings. Delta posted adjusted earnings of $1.85 per share in $14.44 billion in revenue. That surpassed the EPS of $1.75 and $14.18 billion in revenue expected by analysts...
People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts.Danielle DeVries | CNBCWalgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot.Here's what Walgreens reported for the three-month period...
Ed Bastian, CEO of Delta Airlines, speaking on CNBC's Power Lunch on Dec. 17th, 2024.Adam Jeffery | CNBCDelta Air Lines' first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier's best...
After accounting startup Bench abruptly...
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 RSV-infected child receives treatment, as RS-Virus infections spread among children at Missio children's clinic Moenchberg, in Wuerzburg, Germany, December 2, 2022. Heiko Becker | ReutersThe Centers for Disease Control and Prevention expedited the release of more than 77,000 additional doses of a new drug designed to protect infants from...
Check out the companies making headlines in premarket trading. Alibaba — U.S.-listed shares of the Chinese e-commerce giant slipped 3.2%, adding to Thursday's steep losses that were sparked by Alibaba announcing that it would no longer spin off its cloud computing business. Alibaba pointed to the U.S. export restrictions...
Bullish or bearish? It depends on who you ask according to two sentiment surveys released this week. The first, the quarterly Charles Schwab Trader Sentiment Survey, found that bearishness on the U.S. stock market has increased to 53% in the fourth quarter of 2023 compared to 35% in the previous...
One of the pioneers of robo-advisors has reached a significant new milestone and expects continued exponential growth. Wealthfront now oversees more than $50 billion for more than 700,000 clients, mostly U.S.-based professionals and the firm is expecting revenue growth of 140% for 2023. It’s al Learn more about reprints and licensing...
Stocks advanced and bond yields dropped as fresh signs of an economic slowdown prompted investors to ramp up bets on interest-rate cuts next year. Europe’s Stoxx 600 index rose 0.9%, on track for a 2.7% rally this week, and US futures climbed. Bonds added to Thursday’s gains, with markets now...
The savage sell-off that hit Treasuries in prior months was driven by concerns a buyers’ strike had hit the $26 trillion bond market. It’s now confirmed: at least one set of investors headed for the exits back in September. Foreign investors sold $1.7 billion more worth of Treasuries than they...
Contributions to retirement plans fell last year following record contribution rates from participants and employers in 2021, according to a survey of 401(k) plans released Thursday by the Plan Sponsor Council of America. Despite slipping contribution rates, however, the study showed that participation remains strong, even if down from record...
