Goldman Sachs Targets Private Equity After Credit Suisse Shakeup
In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.
May 18, 2024 10:26 AM EDT
Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power
In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.
Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street
The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.
Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?
After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.
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Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project
Due to market conditions and the sluggish distribution of U.S. grant funds, Intel is postponing the development of its $20 billion chip manufacturing project in Ohio, according to a Wall Street Journal story published on Thursday.
Feb 02, 2024 12:20 PM EST
House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions
The House approved a bill on Wednesday that would prolong certain business tax credits and enhance the important incentive for parents, bringing the Child Tax incentive one step closer to a makeover.
Feb 02, 2024 10:46 AM EST
Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound
As the spring housing market draws near, potential homeowners will be pleased to learn that the average long-term U.S. mortgage rate decreased this week.
Feb 02, 2024 08:29 AM EST
Can Wall Street's Darling Meta Lean on Dollar Deals from Temu and Shein?
Temu and competitor Shein are smearing advertisements on Facebook and Instagram in an attempt to establish their brands and draw customers away from Alibaba's and Amazon.
Feb 01, 2024 02:56 AM EST
Wall Street Secret Revealed: Invest in This Underdog for Dividend Growth That Beats the Giants
The fact that there is no one-size-fits-all formula for success is among the finest things about investing on Wall Street. There's virtually likely a method that can increase your wealth over time, depending on your objectives, level of investing risk tolerance, and hobbies.
Jan 31, 2024 07:50 AM EST
Starbucks Sales Flatline as US Boycotts and China Cools Off
Starbucks failed Wall Street's forecasts with its quarterly profits and revenue announcement on Tuesday, as both its domestic and foreign sales fell short of projections.
Jan 31, 2024 07:10 AM EST
Oklahoma Teachers Scramble To Repay Thousands for Mistaken Bonus
Education authorities in Oklahoma are making an effort to recover incentives totaling at least $290,000 that they inadvertently gave to multiple instructors.
Jan 31, 2024 06:20 AM EST
Army Recruitment Crisis: A New Strategy Amid Falling Numbers
The Army is adjusting its target recruitment pool to keep up with trends in the U.S. labor market and difficulties competing for potential recruits ...
Jan 30, 2024 11:38 AM EST
Investors Ditch Flashy Brands for Understated Luxury Powerhouses
One of the most popular social media fashion trends of the previous year was quiet luxury. Unlike other fads that came and went on TikTok or Instagram, quiet luxury has proven real returns and found its way into investment portfolios.
Jan 31, 2024 05:49 AM EST
Investor Alert: The Vital Link Between Big Tech Earnings and the Ongoing Market Rally
The IT sector still dominates the stock market. While experts have called for a broadening out of the market recovery, new data from FactSet indicates that they believe Big Tech firms will be the primary driver of Q4 earnings growth for the S&P 500.
Jan 31, 2024 01:44 AM EST
Online Shopping Fuels Easy Return Abuse, Costing Retailers Billions
Retailers relaxed their online return conditions more than ever in an attempt to attract customers and increase sales in recent years. But there is a price for such adjustments.
Jan 30, 2024 09:03 PM EST
Investors Bank on Fed Capitulation, Sending Bond Yields Soaring
At this week's policy meeting, bond investors anticipate that the Federal Reserve will renounce its program of raising interest rates, preparing the market for the possibility of numerous rate cuts this year-the first since the COVID-19 epidemic began in 2020.
Jan 30, 2024 05:24 AM EST