The U.S. Department of Labor will soon issue a rule expected to crack down on advisors and brokers who recommend rolling money from a 401(k) plan to IRA.
Schlagwort-Archiv: CNBC
Stocks making the biggest premarket moves: Pioneer Natural Resources, Levi Strauss, Tesla, Philips and more
These are the stocks posting the largest moves in the premarket.
UK’s embattled Metro Bank expected to struggle to raise capital with ’no easy solutions‘
Metro Bank will likely struggle to raise fresh capital, according to analysts, who outlined bleak prospects for the beleaguered bank.
China plans to ease one of the biggest hurdles for foreign business
Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones.
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
Institutional Investor hall-of-famer Marko Kolanovic warns high interest rates are creating a breaking point for stocks.
Ken Griffin’s hedge fund Citadel bucks the downtrend in September, up nearly 13% this year
Citadel’s multistrategy flagship Wellington fund gained 1.7% in September, bringing its 2023 performance to 12.6%.
Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
The denim retailer said momentum at its own stores and website did not offset weaker wholesale trends in the U.S.
Stocks making the biggest moves premarket: Rivian, Clorox, Vestis, Chevron and more
These are the stocks posting the largest moves in premarket trading.
UK’s Metro Bank shares suspended multiple times after plunging more than 25%
Shares of Britain’s Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 million) in debt and equity.
Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says
That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.