Wall Street Stocks Rise after Data Show Slowing Us Jobs Growth
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Top Wall Street analysts like these 3 dividend stocks for high yields
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Realty Income and Ares Capital.CNBC - Business -
JPMorgan is the last bear on Wall Street. Why it’s not budging on a bearish stock view.
Marko Kolanovic is not about to turn bullish on stocks, even after a bunch of his colleagues have started upping their S&P 500 targets.MarketWatch - Business -
EU data shows rise in employed young people living with parents
Proportion in Ireland rose from 27% in 2017 to 40% in 2022, as pandemic and cost of living crisis hit EU countries. ‘I’m screwed’: young adults forced to live with parentsThe proportion of employed young people living with their parents in the EU ...The Guardian - World - European Union -
Wall Street strategists rush to revise their S&P 500 targets as stocks hit fresh records. Here’s what they see happening.
The stock market’s renewed record-setting rally has blindsided Wall Street’s top strategists, prompting many to swiftly revise their year-end S&P 500 targets in an effort to keep pace with a surge that has far exceeded expectations from earlier ...MarketWatch - Business -
Wall Street's Shadow Market | 60 Minutes Archive
Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.CBS News - Top stories -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Lowe’s stock rises after retailer tops earnings estimates and backs full-year guidance
Lowe’s Cos. Inc.’s stock rose 2.2% premarket Tuesday, after the home-improvement retailer posted better-than-expected first-quarter earnings as a decline in big ticket spending was partially offset by positive performance in Pro and online.MarketWatch - Business -
At Robin Hood Gala, Wall Street’s Heavy Hitters Come Out
The Robin Hood Foundation, an antipoverty organization in New York City, threw a “Matrix”-inspired gala.The New York Times - Lifestyle -
Why Wall Street's Record Rally Stands on Shaky Ground
The Dow's 40K milestone looks great, but what are markets really cheering for?Inc. - Business -
Ivan Boesky, inspiration for 'Wall Street' villain Gordon Gekko, dead at 87
Ivan Boesky, a onetime Wall Street titan-turned-convict who served as the partial inspiration for the 1987 Oliver Stone film "Wall Street," has died at the age of 87.NBC News - Top stories -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
UK grocery inflation falls to ‘more normal levels’, sector data shows
Kantar figures indicate prices rose 2.4% in the four weeks to mid-May, down from 3.2% the previous monthFinancial Times - Business - United Kingdom -
As Teen Employee Numbers Rise, So Do Risks of Harassment on the Job
The throng of Gen Z youth new to the workplace face increased risks of sexual harassment at work--a crime officials and prosecutors are warning employers to address.Inc. - Business -
AI may cause job losses and rise in carbon emissions, report finds
But economists say it could be offset by the creation of new roles and non-automated sectors. Breakthroughs in artificial intelligence could lead to short-term increases in unemployment, a rise in carbon emissions and leave regulators trailing in ...The Guardian - World -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be
Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.MarketWatch - Business -
Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87
An inspiration for the Gordon Gekko character in the movie “Wall Street,” he made a fortune from insider trading before his downfall brought a crashing end to a decade of greed.The New York Times - Business -
How Ivan Boesky became one of the most infamous figures on Wall Street and the inspiration for Gordon Gekko
Ivan Boesky’s 1986 guilty plea to insider trading, accompanied by a then-record $100 million fine, brought to a close a period of roaring 1980s exorbitance on Wall Street and beyond that became the calling card of the so-called Me Generation.MarketWatch - Business -
Palo Alto Networks continues to play the long game, much to Wall Street’s chagrin
Palo Alto Networks still is dealing with investor chagrin about the big shift in strategy it announced last quarter, in an effort to eventually boost revenue growth.MarketWatch - Business -
Ivan Boesky, Wall Street financier who coined ‘greed is good’, dies aged 87
Known as ‘Ivan The Terrible’, the risk arbitrage maven fell from glory in one of the biggest insider trading scandals of the 1980s. Ivan Boesky, the financier who gave birth to the “greed is good” mantra before going to prison in one of the ...The Guardian - World -
Thousands on streets for Iranian president's funeral after crash
But despite the huge crowds, not all Iranians supported the president - and many celebrated his death on social media.BBC News - Top stories - Iran -
One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.
Morgan Stanley’s Mike Wilson sees S&P 500 at 5,400 by second quarter of next yearMarketWatch - Business -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Global investors wake up to cheap UK stocks as takeover activity rises
Jupiter Asset Management boss says London-listed shares are ‘cheapest they have been in 50 years’Financial Times - Business - United Kingdom -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
Micron’s stock rises as Morgan Stanley admits its bearish stance ‘was a mistake’
An analyst said he failed to properly appreciate how high-bandwidth memory would drive stock momentum.MarketWatch - Business -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
US prisoners are being assigned dangerous jobs. But what happens if they are hurt or killed?
An Associated Press investigation into prison labor in the United States found that prisoners who are hurt or killed on the job are often being denied the rights and protections offered to other American workersABC News - Top stories -
Takeaways from the AP's investigation into how US prisoners are hurt or killed on the job
An Associated Press investigation into prison labor in the United States found that prisoners who are hurt or killed on the job are often being denied the rights and protections offered to other American workersABC News - Health -
Industry bosses cast doubt on jobs 'bootcamp' plans
The plans will see benefit claimants get training for roles in sectors such as hospitality and care.BBC News - Top stories -
Nvidia could be the most valuable stock in the US
Hitting a milestone valuation of $3tn is no easy task, but the chipmaker is well-placed for the challengeFinancial Times - Business -
‘Modi builds highways but where are our jobs?’: rising inequality looms over India’s election
While the number of Indian billionaires soars, growing unemployment has become a big problem for the BJP as it campaigns for a third term. It wasn’t even the real wedding, just the pre-wedding party. But that didn’t stop India’s richest ...The Guardian - World -
America’s approach to China’s rapid growth has lessons for us all | Larry Elliott
Protectionism in the form of tariffs is justified but the focus will be on whether Beijing retaliates. The global economy is fragmenting and a new era of protectionism has dawned. Dreams by free marketeers of a frictionless world in which goods ...The Guardian - World - China -
Why you can be a more informed investor once you know how to use market data
Retail investors are increasingly able to get what they need to make better financial decisions.MarketWatch - Business -
Botanists are scouring the US-Mexico border to document a forgotten ecosystem split by a giant wall
Botanists and citizen scientists armed with the iNaturalist app on their smartphones are recording the biodiversity along the U.S.-Mexico borderABC News - Tech -
Video shows destruction after deadly Texas storms
Shattered windows in high-rise buildings and fallen trees were visible around Houston after severe weather.BBC News - Top stories -
NBA Draft Combine reactions: Edey oh my, Bronny James is ready & whose stock is rising? | On the Clock with Krysten Peek
Yahoo Sports NBA draft expert Krysten Peek is back for another season of On the Clock with Krysten Peek. Krysten just spent the week in Chicago at the NBA Draft Combine and kicks off draft season joined by CBS Sports' Kyle Boone.Yahoo Sports - Sports -
Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks
Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”MarketWatch - Business