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Good Friday’s PCE data brings crucial inflation reading — but markets are closed
The core measure — which strips out volatile food and energy components, and is known as the Fed’s preferred inflation indicator— is forecast to advance 0.3% in February, a
Troubled Chinese property giant Country Garden misses results
Troubled housing giant Country Garden announced late Thursday that it would delay the publication of its annual results.
AI and the Fed powered stocks to new highs to start 2024
The market saw a quiet end on Thursday to very not quiet first quarter of 2024, with all three major stock indexes either up or down slightly on the day. Markets are closed on Friday for the Good
S&P 500 Posts Best First Quarter Since 2019
The S&P 500 finished at another record high on Thursday, closing out its best first quarter since 2019. The index, which set 22 record closing highs in the first three months of the year, gained 10
Remote workers who return to the office may be getting pay raises, as salaries rise 38%
Employers may be raising the salaries of remote workers who return to the office, ZipRecruiter data suggests. In-office pay has risen more than 38%.
The Stock Market Had a Great Start to the Year. What History Says Happens Next.
The S&P 500’s first-quarter rally comes on the heels of last year’s 24% surge. There are strong arguments in favor of further gains.
Wall Street rises to more records to close out its latest winning month
Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter. The S&P 500 added 5.86 points, or 0.1%, to its all-time high set a day before and
Asian shares are mostly higher after another set of Wall St records
Asian shares ended mostly higher in quiet, Good Friday holiday trading, while European and U.S. markets were closed.
China's property crisis is bleeding into its banking sector, which is being asked to prop up developers
China's property crisis has hit the books of its four biggest lenders, which have seen a notable rise in non-performing loans.
Disney and Nelson Peltz keep fighting but the stock just keeps rising
Disney CEO Bob Iger and activist investor Nelson Peltz have been embroiled in a heated proxy battle for control of two seats on the media giant’s board. The corporate fight has attracted bold-faced
This niche employee benefit can actually pay for itself fourfold. Boston Consulting Group calls it ‘the easiest talent investment decision you’ll ever make’
Passing up this kind of investment goes into corporate negligence territory,” Reshma Saujani, CEO of Moms First, tells Fortune.
Trump’s DJT Stock Is Riding a MAGA Wave. It Could Crash.
The question now: whether an army of MAGA traders can keep propping up the stock, defying forces that could cause it to crash. For now, the MAGA traders are winning the day. Trump Media stock is up
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