Morgan Stanley is the latest bank to trim its workforce. Here’s why.
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Here’s the level that could be an attractive entry point for stocks, says Morgan Stanley’s Mike Wilson
A Morgan Stanley analyst identifies the point where investors might find an attractive entry point to get back in the market.MarketWatch - Mar. 10 -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - Mar. 10 -
Department of Education lays off nearly half of workforce
The Department of Education announced Tuesday it was firing nearly half of its workforce, the latest Trump administration move to shrink the federal government that could face swift legal ...The Hill - Mar. 11 -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - Mar. 10 -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - 6d -
Germany Is Lifting a Foot Off Its ‘Debt Brake.’ Here’s Why.
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.The New York Times - 22h -
Germany Is Lifting a Foot Off Its ‘Debt Brake.’ Here’s Why.
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.The New York Times - 22h -
Here's Why Star Winger Zach Hyman Chose Edmonton Oilers To Pursue Stanley Cup Dream
Oilers star winger Zach Hyman has been a great success in Edmonton. Leaving the Toronto Maple Leafs was a tough decision for Hyman, but in this feature story from THN's Nov. 26, 2021 edition, ...Yahoo Sports - 4d -
The Fed will update its rate projections Wednesday. Here's what to expect
If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key interest rate.CNBC - 18h -
NHS England to cut workforce by half as Streeting restructures
The health secretary will shrink NHS England’s workforce to save money and avoid ‘duplication’. NHS England will lose half its staff and a huge swathe of its senior management team as part of a ...The Guardian - Mar. 10 -
AI made its way to vineyards. Here's how the technology is helping make your wine
As AI continues to grow, experts say that the wine industry is proof that businesses can integrate the technology efficiently to supplement labor without displacing a workforceABC News - Mar. 10 -
Here’s how many Social Security workers are taking a buyout — so far
The Social Security Administration announced earlier this year it intended to cut its 57,000-person workforce by about 12%.MarketWatch - 23h -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - Mar. 11 -
It’s getting ‘uncomfortably difficult’ to find a job. Here are the bright spots in this labor market.
Why the latest report is giving job hunters the jitters: longer stretches of unemployment and more part-time work.MarketWatch - Mar. 8 -
Oracle won some big cloud contracts. Here’s why its stock is falling.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...MarketWatch - Mar. 11 -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - Mar. 9 -
Ronnie Stanley's return keeps Baltimore's left tackle situation stable
Once again, the Baltimore Ravens were able to keep their top free agent from leaving. Ronnie Stanley's return saves Baltimore the trouble of trying to replace its left tackle and gives the team an ...Yahoo Sports - 1d -
Department of Education to lay off nearly half its workforce – US politics live
Education secretary Linda McMahon announced hundreds of staff were subject to the ‘reduction in workforce’. Polls have opened in Greenland for early parliamentary elections Tuesday as US President ...The Guardian - Mar. 12 -
Staley pushed JP Morgan to keep Epstein as client despite human trafficking concerns, court hears
Former Barclays boss told Jeffrey Epstein suspicious withdrawals from his account were being investigated. The former bank boss Jes Staley pushed JP Morgan to keep Jeffrey Epstein as a client ...The Guardian - Mar. 11 -
National CineMedia is bringing back its dividend less than 2 years after bankruptcy. Here’s why.
“The company was always a high-dividend growth story,” National CineMedia’s CEO tells MarketWatch. “We feel like that’s where we’re going back to.”MarketWatch - 5d -
We're trimming 2 winning names and buying more of a stock down big from its highs
We're making additional moves into Monday's weakness.CNBC - Mar. 10 -
Why was Mahmoud Khalil arrested and why is it such a big deal?
The Palestinian activist’s arrest has sent shockwaves through US civil society because of its apparent ramifications for immigration and free speech. Here’s what you need to know Continue reading...The Guardian - 5d -
Beef tallow is the latest skin care and health craze on TikTok. Experts aren't sure why.
Beef tallow has been embraced by wellness influencers and Health and Human Services Secretary Robert F. Kennedy Jr. Here's what health experts think about the creamy saturated fat.NBC News - 2d -
Department of Education workforce slashed in half
The Department of Education says more than 2,100 civil service workers will lose their jobs. The department says all of its divisions are impacted by the reduction. NBC News’ Kelly O’Donnell ...NBC News - Mar. 11 -
DOGE Makes Its Latest Errors Harder to Find
Elon Musk’s group obscured the details of some new claims on its website, despite promises of transparency. But The Times was still able to detect another batch of mistakes.The New York Times - 5d -
Education Department guts its workforce as it looks to wind down agency
Around 3,000 people work in the department's Washington headquarters, and roughly 1,000 are staffed in 10 regional offices across the country.NBC News - Mar. 11 -
US education department plans to cut half its workforce
The mass layoffs will impact nearly 2,100 people who are set to be placed on leave from 21 March.BBC News - Mar. 12 -
Department of Education lays off nearly 50% of its workforce
Mass layoffs are impacted 1,315 employees of the Department of Education, sources told ABC News.ABC News - Mar. 12 -
Lionel Messi won't join Argentina for matches vs Uruguay, Brazil. Here's the latest
Lionel Messi will not join the Argentine national team for two World Cup qualifying matches in the next week. Here's the latest on Messi.Yahoo Sports - 1d -
Will Oklahoma make men's NCAA Tournament? Where Sooners stands in latest bracketology update
Here's a look at Oklahoma basketball's chances to make the NCAA Tournament, including its resume and bracketology updatesYahoo Sports - 4d -
More couples are choosing lab-grown diamonds over natural stones for engagement rings. Here’s why
Lab-grown diamonds outpace natural stones when it comes to engagement rings. Here’s why, and what to consider when shopping.CNBC - Mar. 10 -
Here is the latest SEC Availability Report ahead of Texas A&M vs. Alabama
Texas A&M's latest injury report includes some surprising names, while Caden Sorrell is confirmed out for the SEC opening series vs. Alabama.Yahoo Sports - 5d -
DOGE Has Deployed Its GSAi Custom Chatbot for 1,500 Federal Workers
Elon Musk’s DOGE team is automating tasks as it continues its purge of the federal workforce.Wired - Mar. 7 -
Novo Nordisk shares fall 6.3% after latest trial results for its next-generation weight loss drug
Shares of Novo Nordisk fell sharply on Monday, after the firm published results from the latest clinical trial of its CagriSema weight-loss drug.CNBC - Mar. 10 -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - Mar. 12 -
Verizon’s stock is beating the S&P 500 this year. Here’s why that could change.
Verizon’s stock is headed for its worst two-day stretch since 2008 after a downgrade from Wolfe Research.MarketWatch - 6d -
Here's why I'm pounding the table for stocks in this Trump-driven market sell-off
We have a mistakenly manufactured downturn by President Trump that will soon run its course.CNBC - 5d -
Intel’s stock is climbing. Here’s the latest hope for a rescue.
Reuters reports that TSMC has approached Nvidia, Broadcom and others about a joint venture that would run Intel’s factories. But that arrangement would face some roadblocks.MarketWatch - 6d -
Here's why the 2024-25 Gastonia, Shelby high school basketball season was one for the books
With the high school basketball season now complete in Cleveland, Gaston and Lincoln counties, here are a few reasons why it was one for the history books.Yahoo Sports - 2d
More from MarketWatch
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Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 17m -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 17m -
Discount retailer Ollie’s adds Big Lots stores, as a luxury-goods seller retreats from malls
Retailers have responded to a long period of inflation with a renewed emphasis on value over less-essential products, such as diamond rings.MarketWatch - 30m -
Treasury yields steady ahead of Fed decision
Yields on U.S. government debt moved slightly higher Wednesday morning as traders awaited a monetary policy update from the Federal Reserve.MarketWatch - 48m -
European defense stocks dip from peaks after traders ‘buy the rumor, sell the fact’
There’s now looming uncertainty about how exactly new military spending will be allocated.MarketWatch - 1h
More in Business
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Union sues Trump administration for shutting down student loan repayment plans
The American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for student loan borrowers.CNBC - 15m -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 17m -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 17m -
Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'
The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.CNBC - 22m -
Boeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.CNBC - 23m