Every product we feature has been independently selected and reviewed by our editorial team. If you make a purchase using the links included, we may earn a commission. Labor Day marks the (unofficial) end of summer, but the upside is that there’s plenty of shopping to be done thanks for all the great sales takes […]
Category: Business
Treasuries attract buyers as Juicy Yields offset Powell warning
(Bloomberg) — Beaten U.S. Treasuries are proving irresistible to some investors even after Federal Reserve Chairman Jerome Powell said he is ready to raise interest rates again to curb inflation. Most read from Bloomberg Western Asset Management says bonds will outperform because of attractive interest rates, while JPMorgan Chase & Co. maintains its bullish bets […]
Chinese carmaker BYD buys US company Jabil’s mobility business for $2.2 billion
FILE PHOTO – Security guards stand at the BYD booth at the Auto Shanghai show in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo Obtain license rights Aug 28 (Reuters) – Chinese carmaker BYD (002594.SZ) said on Monday that its electronics unit has struck a deal with US-based manufacturer Jabil Inc (JBL.N) to buy its […]
Fidelity’s crypto strategy has paid off
CEO Abby Johnson recently approved a measure allowing Fidelity clients to add Bitcoin to their retirement portfolio. Barry Chin—The Boston Globe/Getty Images If you ask someone to describe Fidelity Investments, they will probably use words like “big, boring and safe.” That’s an accurate description of the Boston-based financial giant, which manages more than $4 trillion […]
AI could ‘turn good jobs into bad jobs’ – three labor historians on what the future of work might mean
A person holds a sign as members of SAG-AFTRA and the Writers Guild of America East walk a picket line outside the HBO/Amazon offices during National Union Solidarity Day on August 22, 2023 in New York City. Michael M. Santiago | Getty Images The Internet has been buzzing about the introduction of generative AI tools […]
Stocks rise Monday as Wall Street recovers some of its heavy August losses: Live updates
27 minutes ago Piper Sandler sees upside for the Alabama-based bank Analysts at Piper Sandler are bullish on Regions Financial following a recent meeting with the Alabama-based bank’s management team. “While others are more distracted by the implications of new regulations, RF remains on more solid footing and should continue to thrive,” analyst R. Scott […]