President-elect Donald Trump's fresh tariff threats ignited fears of another high-stakes trade war. Berkshire Hathaway Chair and CEO Warren Buffett opined at length in 2018 and 2019 about the trade conflicts that erupted during Trump's first term. Then, the "Oracle of Omaha" said the Republican's aggressive moves could cause...
Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024.Yuki Iwamura | Bloomberg | Getty ImagesFriday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut...
Grace Cary | Moment | Getty ImagesAfter decades of building your nest egg, you will eventually have to start taking required minimum distributions, or RMDs, from pretax retirement accounts. The first RMD can be tricky, according to financial experts.Since 2023, most retirees must begin RMDs at age 73. The...
Check out the companies making headlines in midday trading. Lululemon – The athleisure retailer soared more than 18% after topping Wall Street's estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco – Shares jumped more than 16.7% after the pet retailer reported a...
Jobseekers talk to a recruiter at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesThe unemployment rate climbed sharply for Black women in November.The overall jobless rate edged up slightly last month to 4.2% from 4.1% in October,...
Accra, Ghana, December 6th, 2024, FinanceWireAs technology transforms political engagement, the Ghana King Telegram tap-to-vote app is making significant strides in empowering citizens and promoting election transparency. With national elections approaching, the app is already being utilized by nearly half a million Ghanaians to express their opinions and predict...
Bangalore, India, December 6th, 2024, FinanceWireJUSPAY, a leading provider of next-generation payment solutions for enterprises and banks, has announced the opening of a new office in Dublin, Ireland. This marks a significant milestone in the company’s international expansion, reflecting its commitment to a growing European customer base. Supported by...
President-elect Donald Trump's fresh tariff...
Jerome Powell, chairman of the...
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.
Brian Cornell, CEO, TargetScott Mlyn | CNBCTarget CEO Brian Cornell will meet with President Joe Biden on Thursday afternoon as the retailer — and the White House — try to figure out U.S. consumers.Cornell is one of about a half dozen business leaders across industries who will offer up their point of...
Block, the Jack Dorsey-founded fintech company previously known as Square, has acquired Hifi, a music-focused fintech startup. Hifi founder and CEO Damian Manning announced the news in a LinkedIn post yesterday. The company also updated its website, which states that it’s joining Block to “further our shared purpose of economic...
The Social Security cost-of-living adjustment will be 3.2% in 2024, down from the massive boost of 8.75% implemented this year. The increase, which the Social Security Administration announced Thursday morning, is higher than the average of 2.6% seen over the past 20 years. But the decline in the COLA from...
A long-exposure photo shows a trail left by SpaceX's Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023.ViasatViasat shares rose on Thursday after the company said it expects to meet financial growth targets earlier than expected and that it won't need to replace...
