More companies are doing 401(k) „reenrollments“ every year. Workers who elected not to participate may have to opt out again.
Schlagwort-Archiv: Markets
Fed Chair Powell calls talk of cutting rates ‚premature‘ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy
Federal Reserve Chairman Jerome Powell speaks Friday to an audience at Spelman College in Atlanta.
Cathie Wood’s Innovation ETF is up 31% in November, notching its best month ever
The fund rebounded drastically from three straight months of losses, pushing 2023 gains to 47%.
Robinhood CEO defends payment for order flow, says practice is ‚here to stay‘
That’s despite calls from notable consumer trading advocates and regulators for a ban on the practice.
Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash
Munger, who died Tuesday at age 99, said an elephant-sized deal may have to be done by the next generation of leaders at the conglomerate.
Charlie Munger said Berkshire would be worth double if he and Buffett used leverage
„Berkshire could easily be worth twice what it is now… All we had to do is just use a little more leverage that was easily available,“ Munger said.
China consumption shows ’no sign‘ of a strong V-shaped recovery, McKinsey says
China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic to tap the massive market, according to McKinsey.
SEC meets with Grayscale, BlackRock about potential bitcoin ETFs
The regulator said in a memo that it met with Grayscale on Thursday about the potential conversion of the Grayscale Bitcoin Trust into an ETF.
Ulta Beauty shares pop as sales climb 6%
Ulta Beauty reported a jump in sales year over year and said its chief financial officer would retire in April.