Author: Daniel snow
My top 10 things to watch Thursday, June 26 1. Wall Street was heading for a higher open after the S & P 500 dipped slightly yesterday but remained less than 1% off its February record close of 6,144. The Nasdaq rose yesterday and was just over 1% off its December record close of 20,173. 2. The market’s run higher has come despite global turmoil in the form or wars in the Mideast and Ukraine, looming tariff deadlines, and questions about when the Federal Reserve might cut interest rates. Fed Chairman Jerome Powell, who just finished two days of economic…
Apple’s ’20 Years, 20 Podcasts We Love,’ celebrates an industry it helped nurture. Source link
Big Tech is expected to see double the earnings growth of the S&P 500, as long as the group can maintain momentum in a key area. Source link
Vithun Khamsong | Moment | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Investment firms of the ultra-rich are increasingly investing in alternative assets like real estate and venture capital, according to a new survey by BlackRock. Family offices averaged a 42% portfolio allocation to alternatives in recent months, up 3 percentage points from last year, and are making substantial changes to how they invest that capital.Nearly one-third (32%) of single-family offices planned to increase their…
A new NFIB survey shows that typically innovative and responsive entrepreneurs lag behind bigger companies in using AI to improve their operations. Source link
Many CEOs know what kinds of employees they want at their company, and can point out the top character trait they seek in job candidates.For Wisp CEO Monica Cepak, that trait is the ability to collaborate with your colleagues, especially when there’s a problem to be solved. To find out if a job candidate has the soft skill, she asks a particular interview question: What’s the hardest problem you’ve ever solved at work, and how did you reach a solution?If an interviewee’s answer is “cross-functional in nature” — showing how they worked with other team members to solve an issue…
Disruptions can immediately throw your plans off track. Stick to your schedule with these tips. Source link
The drugstore industry is facing competition from the likes of Amazon.com Inc., as well as pressure on pharmacy-reimbursement rates for prescription drugs. Source link
A still from Disney and Pixar’s animated film “Elio.”DisneyDisney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique.”Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first three days in theaters, a record low for the studio.The underwhelming performance fits a recent pattern among Pixar’s releases. While franchise films have lured in moviegoers, the studio’s original fare has had far less success in recent years.Just look at 2023’s “Elemental,” which brought in the previous lowest-opening…
The number of people who applied for unemployment benefits last week fell to a six-week low, underscoring the reluctance of businesses to lay off workers even amid the tumult of ongoing trade wars. Source link