Every day Highlight: Supply Chain Getting Back on Track
Every day Highlight: Supply Chain Getting Back on Track
Business
Dow, S&P 500, Nasdaq waver amid earnings rush, Bessent confirmation hearing
US stocks wavered on Thursday, with the foremost indexes struggling to construct on the day before today’s surge amid one other round of massive bank earnings. Investors also watched the…
Mortgage rates top 7%, hitting seven-month high. But relief could also be in sight
Mortgage rates rose this week to the very best level since May 2024 during a volatile period for the bonds that closely track them. The typical 30-year mortgage rate jumped…
Money market account rates today, January 16, 2025 (earn as much as 4.85% APY)
As rates of interest begin to fall following the Fed’s recent rate cuts, it’s more essential than ever to make sure you’re earning a competitive rate in your savings. One…
I’m 58 With $1.7 Million in My 401(k). Should I Start Converting 10% per 12 months to a Roth IRA Now to Avoid RMDs and Taxes?
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links within the content below. Transferring retirement savings from a 401(k) or similar tax-deferred account to a Roth IRA…
BP cutting 4,700 jobs worldwide as a part of cost-saving drive
LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and an extra 3,000 contractor roles as a part of a cost-saving drive. In an email to staff…
Automation firm Symbotic signs $200 million deal to purchase Walmart’s robotics unit
(Reuters) – Symbotic (SYM) said on Thursday it might buy Walmart’s (WMT) robotics business for $200 million in money to assist expand the retailer’s automated supply chain, sending shares of…
Bank of America profit soars on Wall Street revival
Bank of America’s (BAC) fourth-quarter profit greater than doubled because it benefitted from a Wall Street dealmaking revival that also lifted results at its rivals. Its earnings within the quarter…
US Bond ‘Death Spiral’ Risk Brushed Aside by Foreign Funds
(Bloomberg) — Whether you’re speaking with Europe’s largest money manager, Australia’s giant pension funds, or a cash-rich insurer in Japan, there’s a powerful message you’ll hear in the case of…
Dollar steadies ahead of Trump inauguration, yen rises before BOJ meeting
By Stefano Rebaudo and Tom Westbrook (Reuters) – The U.S. dollar steadied on Thursday despite the sharp fall in U.S. bond yields after Wednesday’s inflation data as market focus shifted…