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.
Any year-end rally in stocks could prove short-lived because equities don’t fully reflect the outlook for rates remaining higher for longer, according to Jean Boivin, who heads the research arm at BlackRock Inc. Treasury yields have climbed to multi-year highs as investors prepare for an extended period of tightened Federal...
Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data spurred a rally. Leveraged funds ramped up net short Treasury futures positions to the most in data going back to 2006, according to an aggregate of the latest Commodity Futures Trading...
Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead. In the handful of years they’ve existed, sustainability-linked loans have mushroomed into a $1.5 trillion market. SLLs let borrowers and lenders say that a loan...
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled some big rounds in the fintech space, Intuit’s decision to...
Miniseries | E+ | Getty ImagesHomebuyers are dealing with record-high costs this year amid interest rate hikes and shrinking supply.While shopping for homes is increasingly competitive, prospective buyers should consider an additional factor when weighing the pros and cons of a given property: the homeowners association, or HOA.Homeowners associations...
An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022.Scott Morgan | ReutersBerkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while...
Morsa Images | Digitalvision | Getty ImagesSoft saving gains steam in today's economyOnly recently, there was tremendous buzz around FIRE, an acronym that stands for Financial Independence, Retire Early, a movement built on the idea that handling your money super efficiently can help you reach financial freedom.But putting enough...
