September 15, 2023
“British chipmaker Arm (ARM) debuted on the public markets on Thursday, opening at $56.10 on the Nasdaq in afternoon trading. Arm’s shares jumped 10% right as trading began and climbed over 20% to above $61 in the first 30 minutes… Continue Reading…
September 15, 2023
“Employees of the former Bed Bath & Beyond on Thursday sued the committee that oversaw its 401(k) retirement plan, saying its “imprudence” caused them to suffer millions of dollars in losses after the home furnishings retailer filed for bankruptcy. The… Continue Reading…
September 15, 2023
“About 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn’t reach a deal with Detroit’s automakers. The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis. They want… Continue Reading…
September 13, 2023
“Wells Fargo & Co. sees more opportunity to trim expenses by unloading more real estate and cutting additional employees, Chief Financial Officer Mike Santomassimo told investors. “We continue to believe we’ve got a lot more to do to make the… Continue Reading…
September 13, 2023
“…The CRR’s findings are stark. Fully half of the nation’s working-age households will not have enough money to maintain their standard of living once in retirement. Making matters worse, this study assumes a strong working and saving life in which… Continue Reading…
September 12, 2023
“At least $3.4 billion worth of crypto is likely to be sold by FTX so it can return fiat currency to its users instead of tokens, which should create an overhang for altcoins for the rest of the year, Matrixport… Continue Reading…
September 12, 2023
“…Parker’s adoptive mother died in 2020, leaving him as the designated beneficiary for a retirement account with AIG. After complying with the requirements for receiving death benefits, Parker received two checks – one for just over $9,700 and another for… Continue Reading…
September 12, 2023
“At least 10,000 people were feared missing in Libya on Tuesday in floods caused by a huge storm that burst dams, swept away buildings and wiped out as much as a quarter of the eastern city of Derna. More than… Continue Reading…
September 11, 2023
“…The crypto market is also facing downward pressure from the latest FTX news. The collapsed cryptocurrency exchange is likely to receive approval on Sept. 13 to start liquidating its crypto holdings, according to a tweet from blockchain analysts Whale Alert. After filing for… Continue Reading…
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