Articles

Jobless claims dip to 209,00 and still show no sign of rising layoffs

The number of Americans who applied for unemployment benefits last week slipped to 209,000 and continued to signal a strong labor market and low level of layoffs.

Steven Mnuchin says he’s gathering investors to explore TikTok purchase

Steven Mnuchin, who served as treasury secretary in the Trump administration, says he’s putting together a investor group that will try to purchase TikTok.

Oil prices rise after International Energy Agency boosts demand-growth outlook

Oil futures rose Thursday, finding support after the International Energy Agency lifted its forecast for oil-demand growth this year and cut its outlook for supply from countries outside the Organization of the Petroleum Exporting Countries.

Dollar General’s stock jumps after profit beat, surprise same-store sales growth

Dollar General’s stock was headed for their best day in five months on Thursday, after the discount retailer reported a surprise increase in same-store sales for the latest quarter, and profit that beat forecasts.

Reddit’s IPO could open door ‘a little bit more’ for other public offerings in 2024

There’s a “backlog of companies” that are ready to go public.

Dick’s Sporting Goods shares up 4.7% after earnings crush estimates and company offers upbeat guidance

The fourth quarter was the biggest for sales in the history of the company and helped drive gross margin expansion.

TikTok says you can reduce your income tax by paying your kids for doing a variety of jobs, but it’s not so easy

It’s a lot harder than social media makes it look to legally justify a deduction from your small business income for a child’s wages.

Shell weakens climate ambitions as new CEO gets $10 million in pay

The oil major’s new carbon intensity target sits in line with a strategic shift which will see growth in its power sales slow

‘Run with the bulls.’ Don’t worry about frothy markets until S&P 500 hits 6,250, says SocGen.

“Run with the bulls,” says Société Générale’s head of U.S. equity strategy Manish Kabra, who says the U.S. stock index is far from overexuberance still.

Nearly everyone on Wall Street is abandoning their recession call, which is ‘dangerously reminiscent’ of 2007.

Despite seemingly strong economic data, signs of weakness are growing beneath the surface, according to one bearish Wall Street strategist.

Why Japan’s stock market could keep soaring — plus three stock picks there

Christian Heck of First Eagle Investment Management makes the case that Japan’s stock market is still inexpensive as its companies improve.

‘He freaked out’: My friend let me live in his house if I did repairs, but sued me for unpaid rent — and won $50,000. Then he died. What can I do?

“I was told the only way to get this removed is through bankruptcy.”
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