By 1 p.m. London time on Thursday, the average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary.
Schlagwort-Archiv: Markets
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just as artificial intelligence is taking off.
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Bianco Research’s Jim Bianco sees the 10-year Treasury yield hitting 5.5% this year.
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
The Federal Reserve on Wednesday released minutes from its Dec. 12-13 policy meeting.
The Fed is expected to cut interest rates in 2024. Here’s how investors can prepare
The U.S. central bank expects to cut rates three times in 2024. Investors can lock in CD rates now, while bonds are poised for a pop.
Walgreens posts earnings beat but slashes quarterly dividend nearly in half
Walgreens cut its dividend to 25 cents per share from 48 cents per share to „strengthen its long-term balance sheet and cash position,“ said CEO Tim Wentworth.
‚Big Short‘ investor Steve Eisman worries ‚everybody is coming into the year feeling too good,‘ sees room for disappointment
Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.
Fed’s Barkin sees likely soft landing ahead but notes rate hikes still a possibility
„We’re making real progress,“ Barkin, a voting member this year on the rate-setting Federal Open Market Committee, said in prepared remarks.
‚Big Short‘ investor Steve Eisman worries ‚everybody is coming into the year feeling too good,‘ sees room for disappointment
Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.
BYD is set to beat Tesla for a second straight year after producing more than 3 million cars in 2023
In 2022, Tesla produced 1.37 million vehicles, fewer than BYD’s 1.88 million.