America’s robust post-pandemic job market is teetering on the brink after a lousy July hiring report in which the unemployment rate shot up to 4.3%, a three-year high. The Federal Reserve now has egg on its face after it kept interest rates near a quarter-century high earlier this week. And…

The Weir Group PLC (OTCPK:WEIGF) Q2 2024 Earnings Conference Call July 30, 2024 3:00 AM ET Company Participants Jon Stanton – CEOBrian Puffer – CFO Conference Call Participants Andrew Wilson – JPMorganJonathan Hurn – BarclaysEdward Hussey – UBSKlas Bergelind – CitiBen Heelan – Bank of AmericaMax Yates – Morgan StanleyBruno…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hizbollah affiliates have lashed out at the US envoy who was seeking to mediate an agreement between the Lebanese movement and Israel, accusing Washington of complicity in the assassination of one of…

The Metropolitan Police Department said it arrested a Texas woman who traveled to Washington, DC, for allegedly making threats against former President Donald Trump and carrying a gun without a license. Police were first alerted to woman Friday afternoon by the US Secret Service, according to a police report obtained by CNN. Officers…

Former president Donald Trump’s plan to repeal the tax on Social Security benefits would lower taxes for US households by an average of $550, according to a new analysis by the Tax Policy Center. But that tax cut would come with a big price: By reducing Social Security and Medicare…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

Shortly after the opening bell, we will buy 50 shares of Broadcom at roughly $142.47. Following the trade, Jim Cramer’s Charitable Trust will own 700 shares of AVGO, increasing its weighting in the portfolio to 3.16% from 2.94%. The stock market is headed for another rough day as concerns about…

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment rate…

There’s been one big question on the minds of Wall Streeters this tech earnings season: When will anyone start making actual money from artificial intelligence? In the 18 months since ChatGPT kicked off an AI arms race, tech giants have promised that the technology is poised to revolutionize every industry…

By Tracy Chen, CFA, CAIA The world watched expectantly as China completed its Third Plenum of the 20th Party Congress, looking for signs of a potential end to exported deflation and weak domestic growth. However, unlike the Third Plenums of 1978 and 2013, which ushered in new chapters of economic…