Sdi Productions | E+ | Getty ImagesThe U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn.In short, the “great resignation” of 2021 and...
Check out the companies making headlines in midday trading: Nordstrom — The department store shares dipped more than 1% after announcing it will become a private company. Nordstrom agreed to a buyout deal valued at roughly $6.25 billion from its founding family and...
Check out the companies making headlines in premarket trading: Novo Nordisk — The stock jumped about 5%, rebounding from the nearly 18% losses seen in the previous session. On Friday, the Danish pharmaceutical giant’s experimental weight loss drug, CagriSema,...
Mariah Carey performs “All I Want for Christmas Is You” at the 2023 Billboard Music Awards. Gilbert Flores | Penske Media | Getty Images”I don’t want a lot for Christmas / There is just one thing I need / An answer to just one question /...
Investors may want to consider adding exposure to the world’s second-largest emerging market.According to EMQQ Global founder Kevin Carter, India’s technology sector is extremely attractive right now.”It’s the tip of the spear of growth [in...
The Federal Reserve lowered its interest rate target three times in 2024.This has many Americans waiting for mortgage rates to fall. But that may not happen for some time.”I think the best case scenario is we’re going to continue to see mortgage rates...
Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection...
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023.Tom...
Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli...
Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant’s better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share...