[ad_1] Morsa Images | Digitalvision | Getty Images The share of workers being called back to the office has flatlined, suggesting the pandemic-era phenomenon of widespread remote work has become a permanent fixture of the U.S. labor market, economists said. “Return to the office is dead,” Nick Bloom, an economics professor at Stanford University and … Read more
[ad_1] Check out the companies making headlines after the bell . Walt Disney — Shares added about 1% after the entertainment giant reinstated its dividend at 30 cents a share. The move comes amid activist investor Nelson Peltz and his firm’s proxy fight . The activist is calling for additional seats on Disney’s board. Ulta … Read more
[ad_1] Consumers eating shabu shabu at a restaurant in Lianyungang City, East China’s Jiangsu Province, Nov 26, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic to tap what’s still a massive market, according to … Read more
[ad_1] Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller As Charlie Munger’s admirers around the globe mourn the loss of one of the most influential investors ever, a deep sense of gratitude and appreciation has spread — for his unparalleled business acumen as well as his uniquely sharp … Read more
[ad_1] The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow metal. “It’s been very consistent every December. It’s been a pretty strong performance for gold — especially when there is a rally in the stock market … Read more
[ad_1] Check out the companies making headlines in premarket trading. Pfizer — Shares dropped 4.2% after the drugmaker said it would halt development of its twice-daily experimental weight loss pill. Pfizer said patients in a midstage clinical study reported high rates of adverse side effects. It still plans to release trial data on its once-a-day … Read more
[ad_1] Check out the companies making headlines in midday trading. Tesla — Tesla shares slipped less than 1% as Wall Street assessed the company’s long-anticipated Cybertruck following a delivery launch event Thursday in Texas. Disney — Disney shares were virtually flat after the entertainment giant reinstated its dividend at 30 cents per share amid a … Read more
[ad_1] Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it … Read more
[ad_1] Investors can now trade commodities and a Treasury with a popular short-term options strategy. The Nasdaq recently launched five zero-day options-based exchange-traded funds: United States Oil Fund (USO), United States Natural Gas Fund (UNG), SPDR Gold Shares (GLD), iShares Silver Trust (SLV) and iShares 20+ year Treasury Bond ETF (TLT). “Zero-day to expiration” or … Read more
[ad_1] A modern office space with a variety of plants on display and some employees working together at computer desks. Tom Werner | Digitalvision | Getty Images If you elected not to participate in your company’s 401(k) plan, your employer may have other ideas. The concept of 401(k) plan “reenrollment” has been gaining traction. That … Read more
