US stocks notched their largest weekly gains in two months as earnings season kicked off and traders took economic indicators showing easing inflation as a sign that the Federal Reserve would not have to be as aggressive in raising interest...
Despite the layoffs across the finance industry, there were no signs of a staffing pullback in JPMorgan Chase & Co’s or Bank of America Corp.’s fourth-quarter results. JPMorgan’s headcount rose 2% to 293,723 from 288,474 last quarter, the company said...
A growing number of foreign firms in China are considering alternative production bases such as Vietnam after enduring three years of zero-Covid restrictions, two new surveys show. READ SOURCE...
On has a few things other buzzy brands don’t have: profitability and a stock price that has never fallen below $15. As for why On has been able to achieve profitability where others have struggled, co-CEO and CFO Martin Hoffmann...
JPMorgan Chase reported increased revenue and mobile usership in the fourth quarter of 2022 despite a year-over-year decrease in tech spend. WHY IT MATTERS: The $3.3 trillion bank’s tech spend in Q4 fell 8% YoY to $2.2 billion while total...
The number of people in the U.S. without health insurance declined during the Covid-19 pandemic even as millions of people lost coverage through their employers due to layoffs.The uninsured rate in the U.S. for people under age 65 dropped from...
Virunga National Park, located in the Democratic Republic of Congo, is Africa’s oldest protected space and a testament to the biodiversity and natural beauty of the continent. But the park has faced increasing pressure from local militia groups that have...
Maine Gov. Janet Mills' proposed biennial budget for fiscal years 2024-2025 seeks to continue a public infrastructure overhaul started in her first term without raising taxes or touching reserve accounts.Instead, it frees up billions in new infrastructure spending by taking...
Municipals were a bit stronger Friday as traders geared up to see a rather healthy slate of new issues head to market during a holiday-shortened trading week.Volume for the upcoming week is estimated at $8.34 billion, consisting of $6.30 billion...
Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects. READ SOURCE...
