Levi’s has been working to build out its own website and stores, and while the strategy has lifted profits, sales aren’t budging much.
Schlagwort-Archiv: Markets
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
Returns are up and people are saving more. But account balances for the median 401(k) are too low and Americans are still very reliant on Social Security.
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
The rollout will be a real-world test for the vaunted productivity gains of generative AI, which took the world by storm in late 2022.
China’s EV architect says investing in Europe is a way forward
Wan Gang became China’s minister of Science and Technology around 2010 and is known for spearheading the country’s early push into electric cars.
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
Returns are up and people are saving more. But account balances for the median 401(k) are too low and Americans are still very reliant on Social Security.
Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says
Prince Constantijn of the Netherlands told CNBC Europe risks limiting its role in artificial intelligence to being a regulator, rather than an innovator.
The yuan’s status as a global currency might be gaining ground. But top CEOs see more hurdles to clear
For China’s yuan to be used more globally, the currency needs more „applications“ such as stocks and bonds, said Bonnie Chan, CEO of the Hong Kong exchange.
Southwest Airlines cuts revenue forecast, blaming changing booking patterns
The company said it still expects record quarterly operating revenue in the second quarter.
FedEx shares jump after hours as massive cost-cutting measures kick in
FedEx shares jumped 15% after hours as the company begins to bear the fruits of its $4 billion cost-cutting plan.
Fewer Americans are buying life insurance. Here’s when you might need it
Fewer Americans have bought life insurance in recent decades. That may put some households at financial risk.