- The Moneyist: I’m a new mother, and can’t afford to pay $400 to attend a friend’s bachelorette party. Another friend backed out. Should I reconsider?
‘I declined to stay with the group in part due to my postpartum depression, not being with my child and finances.’
- Key Words: Suze Orman says, ‘We’re heading downhill very fast,’ unless employers start providing this critical benefit to their workers
A new bill with bipartisan support would help employees, supporters of that bill say.
- The Ratings Game: Okta stock surges more than 25% as analysts approve of company’s profit heading
Analysts praised the identity software company for heading in the right direction after it promised a profitable fiscal 2024 following a turbulent year
- Futures Movers: U.S. oil prices settle at a 2-week high as traders eye China COVID curbs, OPEC+ meeting
U.S. oil prices settle Thursday at a 2-week high, as China moves to relax some of its COVID-19 restrictions and investors await a weekend meeting of OPEC+.
- The Fed: Chicago Fed taps former top Obama economist Goolsbee at its new president
The board of the Chicago Federal Reserve announced it has named former top Obama economist Austan Goolsbee as its new president.
- Earnings Results: Dollar General customers are shopping closer to payday, as financial pressure increases
Dollar General stock dives after profit misses expectations, due to higher costs and as customers traded down to cheaper goods.
- MarketWatch Options Trader: The S&P 500 is on the cusp of breaking through a level that might spell the end of the bear market
Still, new 52-week highs made by individual stocks is low, putting on hold a 'buy' signal.
- Market Extra: Blackstone limits investor redemptions on $70 billion real-estate fund: shareholder letter
Blackstone Real Estate Income Trust sees concentrated redemption requests from Asian investors, helping trigger monthly and quarterly redemption caps.
- Market Snapshot: U.S. stocks mostly lower after soft ISM manufacturing and inflation data
U.S. stocks traded mostly lower in choppy midday trading on Thursday with the Dow Jones Industrial Average falling nearly 200 points. The S&P 500 and the Nasdaq Composite struggled for direction, after a drop in a closely watched gauge of U.S. manufacturing activity.
- : Salesforce stock drags down Dow after CEO news, lack of guidance for next fiscal year
Salesforce shares are on pace for their largest drop in a year after the surprise announcement that co-CEO Bret Taylor is leaving the company next month
