Worker productivity is up over the past year. Here are 2 reasons why.
Over the past four quarters, U.S. productivity has increased at a 2.7% pace, the federal government said.
Over the past four quarters, U.S. productivity has increased at a 2.7% pace, the federal government said.
U.S. drivers long have favored a “more is more” mentality when it comes to choosing their next set of wheels — but high interest rates and rising prices for new vehicles are leading some to take a look at smaller cars.
Shares of FuboTV Inc. surged again Monday but backed way off the day’s best levels after Seaport Research cautioned investors, saying it’s too early in the legal process involving Venu Sports to bet on a big win for FuboTV.
“I recall you writing some time ago that the $1 tip is dead. I respectfully disagree with you on that.”
“It all seems so complicated”
U.S. stocks historically rise around the Federal Reserve’s annual Jackson Hole Economic Policy Symposium — a gathering this week that will be closely watched by investors on Friday, when Fed Chair Jerome Powell is scheduled to give a speech.
Quantitative funds and other sophisticated investors joined retail traders in piling back into the stock market last week.
Dubbed “Britain’s Bill Gates,” Mike Lynch sold his data company for $11 billion in a controversial deal. Lynch is among several people missing after a superyacht, Bayesian, sank early Monday morning in a powerful storm off the coast of Sicily.
Shares of Trump Media & Technology Group Corp. are down 2.7% Monday and trading around $22.43, putting the stock on pace for its lowest close since Jan. 16, when it closed at $22.35, Dow Jones Market data show.
Income-seeking investors will soon lose their easy access to yields of over 5% in bank accounts.
The stock market has a stronger statistical record than the several other indicators
Credit spreads show the borrowing spigot remains open for companies and an economy flush with liquidity, says Mizuho.
U.S. central bank needs to steer real interest rates down to the 2% range.
S&P is tracking 13 private-equity mergers of $5 billion or more in 2024, on course to beat the 22-year high set in 2021.
The Conference Board’s leading index is a gauge designed to show turning points in the economy, but has not worked well in the post-pandemic environment.
Faraday Future Intelligent Electric Inc. will host a launch event for its China-U.S. Automotive Bridge Strategy on Sept. 19, part of its plan to introduce a mass-market second brand, the company announced Monday.
Loans came to light last year in a short seller’s critical report.
Shares of General Motors Co. were headed for a fifth straight gain Monday after the carmaker confirmed there will be layoffs in its software and services division.
Nikola announced Monday that it has struck an agreement with various investors that will allow for the sale of up to $160 million in convertible notes.
The world’s ultra-rich share two striking similarities: the vast majority are men, and they typically pay much less in taxes than the rest of us.