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In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty Images Nordstrom on Monday said it has tapped former Nike operating chief Eric Sprunk to join its board, as the company faces pressure from an activist investor.
In this article RXDX MRK SCHW GOOG GOOGL MTB WOLF STT MRNA BABA OLLI HPQ BABA PDD JD 9618-HK DELL FOX FOXA LITE Follow your favorite stocksCREATE FREE ACCOUNT Enrique Lores, CEO, HP Scott Mlyn | CNBC Check out the companies making headlines before the bell Monday. Charles Schwab — Shares of Charles Schwab gained
Accounting firms are facing a significant staffing shortage. Between the long hours, stressful deadlines and unflattering stereotype, more people are quitting the profession then going into it. Instead, students straight out of college are choosing to pursue careers in related fields like investment banking, consulting or data analysis. The additional credit hours required to earn
Stacks of bricks outside a home under construction in the CastleRock Communities Sunfield residential development in Buda, Texas, U.S., on Wednesday, May 15, 2021. Sergio Flores | Bloomberg | Getty Images Builder sentiment in the market for newly-built homes rose in April for the fourth straight month, as the supply of existing homes for sale
Gen Zs aren’t easing into the travel market — they are exploding into it. Despite their youth and comparatively low income, more than half of American Gen Z adults are frequent travelers, having taken three or more leisure trips in the past year, according to the data research company Morning Consult. That’s because traveling is
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Walmart Chief Merchandising Officer Charles Redfield is stepping down next month. Walmart U.S. CEO John Furner said in an employee memo on Friday that Redfield will leave the role on May 1 to spend more time with his family.
A sign for the European Central Bank (ECB) outside the bank’s headquarters in Frankfurt, Germany, on Thursday, Feb. 2, 2023. Alex Kraus | Bloomberg | Getty Images European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but remain committed to reining in core inflation. Contagion
In this article DPZ CZR TXRH COST CRWD Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Wall Street analysts are focusing on companies that are well-positioned to navigate the ongoing economic turmoil and emerge stronger. Here
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider. Jade Akintola and Brandon Thomas Brown are balancing three competing financial priorities — preparing for the birth of their first child, saving up for a down payment on
Signed playbills are seen backstage ahead of The Phantom of the Opera’s final performance on April 16 after 35 years on Broadway in New York City, April 12, 2023. Andrew Kelly | Reuters After more than three decades, Broadway’s longest-running musical, “The Phantom of the Opera,” is coming to an close on Sunday. The show
Austan Goolsbee Kate Rooney | CNBC The latest batch of economic data shows positive developments on the inflation front, but the Federal Reserve’s job is not over yet, Chicago Federal Reserve President Austan Goolsbee said. Goolsbee, who succeeded Charles Evans in the president role earlier this year, is a member of the Federal Open Market
In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT Best Buy logos and store in South Edmonton Common. Friday, May 20, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Best Buy said Friday that it is laying off hundreds of store workers across the country as more of its shoppers
Investors may have a new way to generate income during economic declines. Innovator launched a one-of-a-kind suite of barrier ETFs this month that provides protection by purchasing U.S. Treasurys and selling equity options. “Advisors are realizing that bonds aren’t the safe haven that many thought they would be,” the firm’s CIO, Graham Day, told CNBC’s
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT JB Perrette, President and CEO of Warner Bros. Discovery Global Streaming and Games, speaks onstage during a Warner Bros. Discovery Streaming Press Event on April 12, 2023 in Burbank, California. Jeff Kravitz | Getty Images Humble as he may be, Warner Bros. Discovery CEO David
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Larry Fink, chairman and CEO
Adene Sanchez | E+ | Getty Images Company: Exelixis (EXEL) Business: Exelixis, an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines to treat cancers in the United States. They have produced four marketed pharmaceutical products, including their flagship molecule, cabozantinib. Stock Market Value: $6.3B ($19.46 per share) Activist: Farallon Capital
Fertnig | E+ | Getty Images Negative headlines about Social Security’s future may be affecting how prepared people feel when it comes to their own retirement. Almost three-quarters, 74%, of people say they cannot count on Social Security benefits when it comes to the money they will have in retirement, according to a new survey
In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Seven months after Burger King unveiled a strategy to revive its U.S. business, the chain is selling more Whoppers than ever