The hidden silver lining of high interest rates: safer, cheaper retirement income
Annuity payout rates are closely tied to interest rates
Nike announces layoffs as part of restructuring plan
Nike is expected to post another quarter of declining sales as the company tries to turn around its business and regain growth in China.
General Motor Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybrids
GM’s sales of all-electric vehicles are down across the board, as enthusiasm for electric vehicles wanes.
Meta’s Mark Zuckerberg is coming for Apple’s empire
Apple has a grip on consumer technology through its iPhone business, but Meta is betting that the AI era warrants different types of hardware.
Walmart is using light-up digital shelf labels to help shoppers and employees find items
Walmart is rolling out a light-up shelf label feature connected to its app to help customers better find the items they’re looking for.
The stock market is a hollow tree that could be about to snap, warns bond king Gundlach
Stocks are facing a lot of issues right now, even if investors think everything looks great on the surface warns DoubleLine Capital’s Jeffrey Gundlach.
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Mattel names Roger Lynch as CEO, replacing Ynon Kreiz
Mattel announced on Wednesday that Roger Lynch would serve as CEO and Chairman, replacing Ynon Kreiz.
Cars have become unaffordable for many Americans. Here’s what the numbers show.
At today’s prices and rates, even the average used vehicle can exceed some commonly used affordability measures.
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