Thursday, November 21, 2024
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Fair Access to US Data Questioned Yet Again After Delayed Report

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The Bureau of Labor Statistics provided at least three Wall Street firms with a highly anticipated US jobs number that was delayed on the...
Bussiness

The Stakes Are High for Powell at Jackson Hole

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Welcome to Jackson Hole week. It’s a week in which Wyoming, better known for its spectacular landscapes, becomes the center of the...
Bussiness

Big bonuses are on the way back at big Wall Street banks

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Bonuses are on track to rise once again for some Wall Street bankers as a dealmaking revival in 2024 boosts profits for the country’s...
Bussiness

Apple Investors Urged to Stay Calm After Buffett Slashes Stake

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To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth...
Bussiness

Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings

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Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A....
World

Where Is Venezuela Headed After Its Contested Election?

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As Venezuela emerged from the deepest economic slump in modern history, its authoritarian president, Nicolas Maduro seemed willing to take his chances on a...
Bussiness

Wall Street and FTSE lower despite US economy growing faster than expected

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The main US share indexes were basically flat - having earlier been expected to suffer losses - as investors drew comfort from stronger-than-expected economic...
Jobs

Stocks are hovering near their records after the Labor Department delivered another strong jobs report

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NEW YORK (AP) — U.S. stocks are sticking near their records Friday following a highly anticipated report on the job market that showed a slowdown in...
Jobs

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

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Ken Griffin speaks to Citadel and Citadel Securities interns during a discussion moderated by Citadel software engineer, and former intern, Bharath Jaladi.Courtesy: CitadelKen Griffin,...
Jobs

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

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Ken Griffin speaks to Citadel and Citadel Securities interns during a discussion moderated by Citadel software engineer, and former intern, Bharath Jaladi.Courtesy: CitadelKen Griffin,...
Jobs

Wall Street kicks off the second half of 2024 with key jobs report in the week ahead

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Stocks have a lot to live up to in the second half of the year. At the halfway point of 2024, the major benchmarks...
Jobs

Beware finance bros: AI is coming for banking before any other kinds of jobs, Citigroup warns

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Bad news for the one percent: According to a new exhaustive report from Citigroup, finance is on track to bear the brunt of AI-related...
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