S&P 500 futures hover near record ahead of pivotal week of tech earnings
U.S. stock futures on Monday pointed to a cautious start, as investors awaited a barrage of earnings and pivotal economic news with major indexes at or near record levels. What’s happening Dow Jones Industrial Average futures YM00, -0.09% fell 69 points, or 0.2%, to 38189. S&P 500 futures ES00, +0.01% dropped 4 points, or 0.1%, […]
Chinese developer Evergrande to be liquidated after debt talks fail: reports
Troubled Chinese property developer Evergrande faces liquidation after failing to reach a restructuring deal with its creditors, according to multiple reports Sunday night. The Wall Street Journal reported that talks between Evergrande 3333, -20.87% and its creditors began last week with the hope of reaching a deal that would let the company continue to operate, […]
Oil prices jump after drone attack kills U.S. troops, escalating Mideast crisis
Oil futures popped higher Sunday evening, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marked a major escalation of tensions in the Middle East. West Texas Intermediate crude for March delivery CL00, +0.82% CL.1, +0.82% CLH24, +0.82% was up $1.09, or 1.4%, […]
Stock-market rally faces Fed, tech earnings and jobs data in make-or-break week
Stock-market investors may take their cues from a series of important events in the week ahead, including the Federal Reserve’s monetary-policy meeting, a closely-watched December employment report and an onslaught of earnings from megacap technology names, which all promise insight into the state of the economy and interest-rate outlook. The benchmark S&P 500 index SPX […]
Jon Stewart returns to ‘The Daily Show’ — but only on Mondays
Guest Jon Stewart on “The Late Show with Stephen Colbert” on June 17, 2019. CBS Photo Archive | CBS | Getty Images Jon Stewart is returning to “The Daily Show” — but only on Mondays. The comedian helmed the Comedy Central talk show between 1999 and 2015, before passing the torch to South African comedian […]
Big pharma Merck, Bristol Myers, J&J prepare to lose revenue
The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) to the podium. NYSE Big pharmaceutical companies such as Bristol Myers Squibb, Merck and Johnson & Johnson face a looming threat that will put tens of billions of dollars in sales at risk between now and 2030, as blockbuster drugs will tumble off a […]
My partner and I are not married, but he set up a revocable trust. Is that wise?
Dear Quentin, I have been in a committed, long-term relationship for 14-plus years. My partner does not want to marry and believes he is taking care of me legally and financially should he precede me in death. He is a loving and generous partner and I do trust him, but I know his arrangements are […]
Chipotle aims to hire 19,000 workers ahead of spring
A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images Chipotle Mexican Grill hopes to recruit 19,000 new employees to make its burritos and bowls this spring, the company said Wednesday. The company’s hiring target suggests it’s expecting an even busier […]
Opinion: Fixing Social Security: Let’s use subsidies for retirement plans
Andrew Biggs, a conservative economist with the American Enterprise Institute, and I are usually opponents. Our disagreements go back decades: including privatizing Social Security, adequacy of retirement income, and compensation of state and local government employees. Just a few weeks ago I thought he was really off base arguing that workers do not pay for […]
Klarna to debut $7.99 monthly plan ahead of IPO
Swedish buy now, pay later firm Klarna unveils a $7.99 monthly subscription plan called Klarna Plus Courtesy: Klarna Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead of an expected initial public offering this year, the company told CNBC. The product is set to […]
