He’s back! David Solomon gets $80 million bonus after facing doubts in 2023
Bank’s stock price hits record high this week and board awards Solomon stock bonus to vest in 2030. Source link...
MARKET
People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected. Source link...
Why deporting undocumented workers will stoke inflation and sink Social Security
Inflation, which appears to be settling at about 2.5% annually, could jump to 4.5%. Source link...
Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise
Oil futures struggled for direction on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each. Source link...
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday. Source link...
Widen the aperture for space stocks to watch in 2025 — the story doesn’t begin and end with SpaceX and Boeing
After a big year for SpaceX — and one of misfortune for Boeing — here’s what to expect in the new year. Source link...
MicroStrategy snags another 2,138 bitcoins at less than $100,000 per coin
Cryptocurrency play discloses its latest shares sales with proceeds going to buy more bitcoin. Source link...
Warren Buffett stocks for your IRA in 2025
These picks look even more interesting than Berkshire Hathaway Source link...
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global financial crisis, but the Fed has already proposed some...
Remember to keep your head as ‘Trumphoria’ grips Wall Street
Naturally, peak bullishness showed up just before the recent slide. Source link...
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