Articles

Immigration wave may be causing labor-supply shock only partly tracked in data.

A recent Congressional Budget Office report that estimates higher population growth than the Census Bureau is getting economists to revisit the issue of how immigration, legal and illegal, is impacting the economy.

MarketWise to cut 104 jobs as ‘misconduct’ prompts wind down of Legacy Research

The reorganization, which is expected to be completed in the first half of fiscal 2024, was announced a week after Jon Mikula, a former employee of Legacy Research, was charged with conspiracy to commit securities fraud by federal prosecutors.

The informant: How an Atlanta mobster outfoxed authorities for decades until his luck finally ran out

Every time law enforcement closed in, Mani Chulpayev made them an offer they couldn’t refuse.

Paramount to cut 800 jobs even after Super Bowl broadcast notched record: report

The move came after Paramount’s 2024 Super Bowl broadcast on CBS, Nickelodeon, Paramount+ drew in 123.4 million viewers as the most-watched telecast ever..

I’m 58, earn $4,400 a month and want to retire at 60. Is this doable? Do I really need to replace 80% of my income? 

“I have one child in her second year of community college, with plans to do her final two years at a university.”

Bank of America ramps up financial-wellness offerings to employees of its commercial clients

Bank of America is reporting traction with a program that offers employees of its corporate-banking clients money-management advice and rewards.

PayPal’s stock lands a downgrade as earnings growth gets ‘difficult to envision’

The stock’s bull camp among Wall Street analysts has been steadily shrinking.

Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes

Grocer is facing regulatory pushback over the deal, which is expected to reduce competition in some regions.

Coca-Cola’s stock gains after sales top forecasts, as prices and volume rose

Case volume growth was strongest in juice, value-added dairy and plant-based beverages.

Molson Coors’ stock rises nearly 3% after company swings back to a quarterly profit

The company gained market share from rival Bud Light, after that brand became the subject of a conservative-led boycott following the use of a transgender influencer in its marketing, sending beer drinkers to Molson Coors for light-beer alternatives.

Hasbro’s stock plunges after another profit miss, downbeat sales outlook

Hasboro saw the third straight miss of earnings expectations, and the biggest miss on a percentage basis since second-quarter results of 2020, according to FactSet data.

Datadog’s stock drops as outlook for first quarter implies minimal growth

Datadog topped expectations with its latest quarterly results, but its stock was falling premarket Tuesday.
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