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How many times will the Fed cut rates? Here's what Wall Street expects for the key stock-market driver in 2024.
Interest rates are an important driver of the US economy and the stock market, and the potential for cuts could mean lower mortgage rates next year.
Popular online retailer surprisingly shutting down
Selling online and not having to pay for stores allows for lower prices. It also causes problems, however, as consumers don't always like what they order and returns are very expensive. In addition,
Cigna Pivots to ‘Bolt-On’ Acquisitions, Raises Buyback
The health insurer said Sunday it raised its buyback by $10 billion, with $5 billion to be purchased between now and the middle of 2024.
Meathead Movers sued over age discrimination after touting 'student-athlete' workers
The Equal Employment Opportunity Commission is suing a moving company called Meathead Movers over alleged age discrimination in its hiring and marketing practices.
The Nasdaq-100 culls its lesser stocks
Some of the stocks on the list of cuts just announced may surprise investors, who may be forced to dump their shares. Those added should see share prices pop.
Cigna raises stock buyback by $10 billion, will reportedly drop bid to buy Humana
Health insurer Cigna Group on Sunday announced a massive stock buyback, amid a report that it has abandoned its bid to buy rival Humana Inc.
Costco, Adobe, Oracle, Fed Meeting, and More to Watch This Week
Earnings reports from Oracle, Adobe, Costco, Lennar, and Darden Restaurants. Plus, a FOMC interest-rate decision, November CPI data, retail sales, and more.
Investor group aims to buy Macy’s for nearly $6 billion, take it private: report
An investor group is seeking to buy Macy's Inc. for nearly $6 billion and take the department-store chain private, the Wall Street Journal reported Sunday,
TikTok to Invest Over $1.5 Billion in Deal With Indonesia’s GoTo Group
Bytedance’s TikTok will merge its Indonesia business with GoTo Group’s e-commerce platform, a move that will allow the Chinese video-sharing app to resume retail operations in the Southeast Asian
Bitcoin’s 2023 Rally Wobbles in Sudden 7.5% Drop Toward $40,000
Bitcoin delivered another bout of its notorious volatility in a sharp tumble toward $40,000 amid a broader crypto selloff.
What’s News: Business & Finance
Cigna abandoned its pursuit of a tie-up with Humana after shareholders balked at a deal that would have created a roughly $140 billion giant in the health-insurance industry. An investor group made a
Huawei Phone Shows China Is Replacing US Suppliers of 5G Tech
Huawei Technologies Co.’s Mate 60 Pro smartphone shows “significant progress” in China’s domestic design and engineering of radio-frequency chips, according to the latest findings from research firm
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