Markets closed deep in the red on Monday, with the Dow plunging nearly 3,000-points in its worst day since 1987. The Final Round panel discusses how coronavirus panic could continue to grip investors, even after the Dow's largest daily point loss in history.
Apple employees at a New Jersey retail store have voted against joining a union, potentially stifling momentum for a push to organize the tech giant's workforce nationwide. Workers at the store in Short Hills, New Jersey, voted 57-41 against joining the Communication Workers of America (CWA) union in an election that ended on Saturday, according to a tally from the National Labor Relations Board. It was the first union election at an Apple store since 2022, when workers at a pair of stores in Maryland and Oklahoma voted to unionize.
(Bloomberg) -- Chevron Corp.’s $53 billion deal to acquire Hess Corp. suffered a potential blow Monday as an influential adviser said investors should abstain from voting for the deal.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sale on Friday to Boost EconomyProxy adviser Institutional Shareholder Ser
Media executives have praised their competitors this earnings season, making one thing clear: the streaming wars have hit a ceasefire.
Dow Jones futures dropped Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GameStop stock rocketed 131%.
U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department's Bureau of Labor Statistics said on Tuesday. Financial markets expect the Federal Reserve to start its easing cycle in September, though some economists believe the first interest rate cut could come in July.
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
GameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
In the realm of retirement savings, only a select few in the United States achieve the milestone of a $5 million nest egg. Data from the Employee Benefit Research Institute, based on the Federal Reserve’s Survey of Consumer Finances, reveals that a mere 0.1% of retirees manage to accumulate over $5 million in their retirement accounts, whereas only 3.2% amass over $1 million. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? Can you