Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car market.
High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECB
“I will receive $105,000 per year in retirement. I earn $135,000 a year now.”
As people plan out their budgets for 2025, there’s a chance for high earners to supercharge their retirement savings using the “mega-backdoor Roth” strategy — a rare but increasingly popular option for employer-sponsored 401(k)s.
Investors are often hopeful spinoffs will lead to improved valuations. But one analyst questioned whether that will play out for Comcast given the decay of legacy media.
Retailer lifts its outlook for operating profit margin despite challenging market conditions.
Crude-oil prices climbed on Wednesday, building on gains from earlier in the week as traders assessed fresh supply data while monitoring geopolitical developments on several fronts.
There’s only one other “deep value stock” among the large U.S. commercial and investment banks, according to one Oppenheimer analyst.
