Azmanjaka | E+ | Getty Images Many companies are pivoting to a new form of hiring, one that emphasizes applicants’ skills over more traditional metrics like education or years of experience. The share of U.S. online job postings that list a specific requirement for employment tenure has fallen by 10 percentage points, to 30%, in
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In this article DELL AMBA MRVL VFC NTAP MDB Follow your favorite stocksCREATE FREE ACCOUNT Dell Technologies CEO Michael Dell speaks during the MWC session ‘New strategies for a new era’ on the first day of the 18th edition of the Mobile World Congress (MWC) at Fira de Barcelona’s Gran Via venue in L’Hospitalet de
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during the Market Forum: FX in Focus event in New York, on Thursday, Sept. 7, 2023. Victor J. Blue | Bloomberg | Getty Images NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters U.S. consumers and businesses alike have
In this article KSS Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted more than 20% in premarket trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street’s expectations for a
The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019. Brendan Mcdermid | Reuters Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of $9.13 billion missed consensus estimates of $9.17 billion, according to LSEG. Adjusted earnings
Jose Luis Pelaez | Stone | Getty Images For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social Security, how to best withdraw from accounts. The list goes on. Finances in retirement are an acute fear. About 2 in 3 people worry more about running
In this article GSBD Follow your favorite stocksCREATE FREE ACCOUNT Solar panels and wind turbines in the Netherlands. Daniel Bosma | Moment | Getty Images Clean energy stocks may be underperforming in the public market, but there is still great appetite for companies focused on decarbonization in private markets — with Clean Energy Ventures’ new
A worker rides a bicycle past a housing complex under construction in Beijing on May 17, 2024. Jade Gao | Afp | Getty Images BEIJING — The International Monetary Fund on Wednesday raised its forecast for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and recent policy measures.
The New York Stock Exchange in New York, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images Years of work on Wall Street to pick up the pace of trading will be put to the test this week. If all goes well, most people won’t notice the difference. Starting Tuesday, trades of stocks
A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs. Roundhill Investments’ GLP-1 & Weight Loss ETF (OZEM), which began trading last week, pairs leaders Eli Lilly and Novo Nordisk with players developing new treatments for weight loss and diabetes. CEO Dave Mazza said his firm is capitalizing on
Alibaba’s international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ambassador. AliExpress BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership to date, the business unit announced Monday. The deal comes against the backdrop
Wellness travel can be enjoyed with a loved one, the entire family, or even solo. Getty Images Avid traveler Lora Bowler is cutting back on vacation spending. That doesn’t mean she’s skipping the resort. The New York resident said she spent more in 2023 than she had expected to, including on travel, and is now
In this article ARES Follow your favorite stocksCREATE FREE ACCOUNT Michael Arougheti, Ares Management Corporation Co-Founder, CEO & President Adam Jeffery | CNBC The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale.
Aleksandarnakic | E+ | Getty Images You may be saving more money for retirement — and not even know it. An increasing share of employers are automating how people save in their company 401(k) plans, in a bid to overcome the inertia that often keeps us from building a nest egg. “Automatic escalation” — or
In this article AFRM PYPL Follow your favorite stocksCREATE FREE ACCOUNT Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later
In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023. EPA | Anadolu | Getty Images Norfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia shares jumped more than 10% on Thursday after the company on Wednesday reported
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., May 1, 2024. Kevin Lamarque | Reuters Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence
In this article Follow your favorite stocksCREATE FREE ACCOUNT Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China. The firm’s CEO Dave Mazza plans to launch the Lucky Eight ETF, which aims to be China’s answer to the success of Wall Street’s big tech stocks. “There’s a lot of
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