Shapecharge | E+ | Getty ImagesThe labor market may be poised for dislocation with President-elect Donald Trump set to take office for the second time later this month.For the past two years, health care has dominated all other industries in terms of growth, aided partly by Covid-related spending. The...
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...
Shapecharge | E+ | Getty...
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.
Check out the companies making headlines before the bell. Tesla — Stock in the electric vehicle company ticked up roughly 2% after a report from Reuters said Tesla plans to build and produce electric vehicles that will sell for 25,000 euros ($26,859) at a factory near Berlin. The move...
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC.Alex Wong | Getty ImagesWhen Citigroup CEO Jane Fraser announced in September that her sweeping corporate overhaul would result...
President Biden rarely talks about financial advisors directly. By our count, recent presidents have done so on average once a decade. So when financial advice is the sole reason he’s on the podium, we naturally devour every word. Last week, Biden introduced a Department of Labor rule proposal that would require more...
Charles Schwab’s much-anticipated transition in September for independent advisors from TD Ameritrade’s custodial system reportedly went off without a hitch — but not everyone is happy with the change. It’s been two months since the big move to Schwab Advisor Services — involving 3.6 million accounts among about 7,000 RIAs...
Park Avenue Capital announced a new president and chief operating officer Monday morning. Effective Jan. 1, Daniel McCoy will focus on operations, employment development, strategy, and execution at the firm, which is part of Northwestern Mutual’s exclusive Private Client Group, an elite team of advisors and firms focusing on the...
Institutional investors managing at least $100 million are facing some significant challenges in the current market and economic environments, but what are their main focuses? A survey of investment decision makers for endowments and foundations reveals weakened sentiment on portfolio performance with just 19% saying they are “very confident” in...
When it comes to managing family wealth, conversations between generations is generally considered a positive step, but not always. Discussing potential inheritance and planning how and when that should happen can help prepare heirs and avoid misunderstandings, with advisors seeing better outcomes for those that do, but a new study...
