Unemployment among Asian workers and Black men rises in November while the overall rate declines
The labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S.…
Here’s where the jobs are for November 2023 — in one chart
The U.S. job market once again surprised to the upside in November, as strong growth in health care and a…
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued…
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…
Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks
Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to…
Goldman Sachs is betting on the small cap rally. Here’s how.
Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the…
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance…
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in…
