The ‘Great Resignation’ slowed down in October, while job openings jumped
A help wanted sign is posted in the window of hardware store on September 16, 2021 in San Francisco, California. Justin Sullivan | Getty Images The so-called Great Resignation lost some steam in October, with the total number of workers...
Stocks making the biggest moves after hours: GameStop, Lucid Group, RH & more
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shares of the video game retailer...
Americans plan robust spending this holiday season, but worry about inflation, supply bottlenecks
Shoppers at the King of Prussia mall in King of Prussia, Pennsylvania, on Saturday, Dec. 4, 2021. Hannah Beier | Bloomberg | Getty Images Americans plan to spend with gusto this holiday season despite concerns about the economy and inflation...
Visa launches crypto consulting services in push for mainstream adoption
The Visa logo seen displayed on a smartphone with a bitcoin logo in the background. Rafael Henrique | SOPA Images | LightRocket | Getty Images Visa is launching new consulting and advisory services to help its clients navigate the world...
Labor productivity rate falls at the fastest pace since 1960
Labor productivity fell at the fastest rate in more than 60 years in the third quarter, according to a Labor Department report Tuesday. A measure of output versus energy, nonfarm business sector productivity declined 5.2% from the previous three-month period,...
Wells Fargo sees borrower defaults starting to rise from low levels reached during pandemic
Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March 10, 2020. Andrew Harrer | Bloomberg | Getty Images Wells Fargo is seeing borrower defaults...
Goldman CEO Solomon sees policy, not the pandemic, as the biggest risk ahead for markets
Congress and the Federal Reserve will have more impact on what happens to the economy and markets than the pandemic, Goldman Sachs CEO David Solomon said Tuesday. Both entities have implemented never-before-seen levels of policy help totaling about $10 trillion...
Stock futures are flat after a rebound in markets as investors reassess omicron risk
Stock futures were flat in overnight trading on Monday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant. Futures on the Dow Jones Industrial Average rose just 15 points....
Dow futures jump 190 points despite recent tech stock selling, bitcoin’s weekend rout
Dow futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve’s move to tighten policy. Futures contracts tied to the Dow Jones Industrial...
Bitcoin continues weekend volatility, now at $48,000
Business Trends Graphs and charts 3d image Vertigo3d | iStock | Getty Images Bitcoin prices dipped about 3% on Sunday morning, continuing a weekend of wild trading that sent the cryptocurrency tumbling more than 17% in just 24 hours. The...
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