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Finance
Job data suggests ‘soft landing’ is increasingly likely, economists say
Luis Alvarez | Digitalvision | Getty ImagesThe U.S. economy inched closer to a so-called "soft landing" after a new batch of labor data, economists said.A soft landing is a good…
Danaher’s new acquisition is the latest sign the health-care firm is staging a quiet recovery
Struggling life-sciences firm Danaher (DHR) has been one of the best-performing Club stocks in recent weeks, boosted by signs of a recovery at its bioprocessing business. And with…
Stocks making the biggest moves midday: Apple, Nio, CVS Health, GitLab and more
Check out the companies making headlines in midday trading. Apple — The iPhone maker's shares added 2% in midday trading after SensorTower data showed App store revenue jumped 11%…
Airbnb Chief Financial Officer Dave Stephenson moves to new role as company reaches ‘inflection point’
Airbnb Chief Financial Officer Dave Stephenson will transition into a newly created chief business officer role at the company.Airbnb Chief Financial Officer Dave Stephenson, who…
A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before…
D3sign | Moment | Getty ImagesMillions of people move money from a workplace 401(k) plan to an individual retirement account each year.Such "rollovers" are common when workers…
There’s now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. Brendan Mcdermid | ReutersA new product puts the leverage of high-powered…
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global…
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day:1. On pauseStock markets took a pause from their end-of-year rally on Monday. Small-cap stocks…
Nokia plunges to three-year low after losing major AT&T deal to rival Ericsson
Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures.Nurphoto | Nurphoto | Getty ImagesShares of Finland's Nokia plunged to a…
U.S. export controls need to ‘change constantly’ even if it’s tough for businesses, Secretary Raimondo…
BEIJING — More controls on tech exports to China will be coming as needed, despite business concerns, U.S. Commerce Secretary Gina Raimondo told CNBC in an exclusive interview."We…