Articles

Tech layoffs in the spotlight again as 2024 kicks off with Xerox job cuts

Tech layoffs are in the spotlight once again after Xerox Holdings Corp. announced plans to cut 15% of its workforce Wednesday.

Office-loan delinquencies hit 5-year high in 2023 and likely will rise even higher, Moody’s says

Office-loan delinquencies hit a five-year high in November for mortgages packed into bond deals, and they are expected to climb further in 2024, according to Moody's Investors Service.

Stock market fails to stage a ‘Santa Claus rally’ in rough start to 2024

Santa Claus did briefly show up on Wall Street this year, but he is leaving a lump of coal in investors’ stockings.

This best-selling personal finance author says he’s racked up more than $1 billion in debt

"Rich Dad, Poor Dad" author says he has more than $1 billion in debt — but he doesn’t think it’s a bad thing.

Cal-Maine stock drops, as lower egg prices hit quarterly results

Shares of Cal-Maine Foods Inc. slid after hours on Wednesday after the egg-production giant reported quarterly earnings and sales that missed expectations, with a drop in egg prices weighing on the results.

Bitcoin ETF decision looms. Expect more volatility ahead. 

A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.

U.S. recession still a threat; China growth stalls, and other 2024 investing risks

The global economy is not out of the woods.

Trying to get rid of your credit-card debt in 2024? Here’s your action plan.

There's new urgency for this common New Year's resolution, as Americans struggle with over $1 trillion in credit card debt

GSI Technology, which sparked meme-like buzz, clinches AI deal with U.S. Air Force

GSI Technology Inc. has been awarded a $1.1 million contract to develop an artificial-intelligence chip for the Department of the Air Force, the company announced Wednesday.

Apollo and Capital One tip the scales as biggest components of KBW’s ‘best ideas’ list

KBW highlights nine financial stocks poised to outperform, along with BlackRock.

Private-equity hospitals put Medicare patients at risk, new research says 

Patients in hospitals owned by private-equity funds were 25% more likely to be injured or acquire an infection during their stay.

Fintech Kaspi.kz is set to be first Kazakh company to list in the U.S.

Kazakh fintech is profitable and revenue is growing.
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