If, like most Americans, you have multiple debts, consider restructuring them into a plan that is more manageable for your monthly budget. Your bank may be able to help with a debt consolidation loan, but tightening lending standards in the wake of the 2008 financial crisis have made bank loans […]
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Job openings slide by more than half a million as the labor market tightens
Job openings plunged to their lowest level in nearly two years as hiring surged in November and the employment market got tighter, the Labor Department reported Friday. Total vacancies tumbled by 561,000 to 6.8 million for the month, the lowest since February 2018, according to the government’s Job Openings and […]
Walmart shuffles executives after holiday season, chief merchant departing
Cashiers ring up shoppers at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart is shuffling its executive team after the 2019 holiday season. The company’s chief merchant Steve Bratspies is set to depart, according to an internal memo sent to employees Friday by […]
Hedge fund legends David Tepper and Stanley Druckenmiller tell CNBC they’re both still bullish, for now
Billionaire investors David Tepper and Stanley Druckenmiller told CNBC on Friday they remain bullish on the stock market even as the Dow Jones Industrial Average keeps hitting record highs. Tepper, the Appaloosa Management founder, exclusively emailed “Squawk Box” co-host Joe Kernen, saying, “I love riding a horse that’s running.” He […]
These are the most in-demand job skills in 2020, according to LinkedIn
Maskot | Getty Images Blockchain has topped the list of skills bosses are looking for in employees around the world this year, according to professional social media platform LinkedIn. The record-keeping technology first emerged in 2009 with the birth of cryptocurrency but has since moved on from supporting the use […]
WEF founder Klaus Schwab on what to expect from Davos 2020
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How much you will get in Social Security if you make $50,000 and take your benefits before or after your full retirement age
You may already be planning to collect Social Security in retirement, but did you know that if you wait a few years to claim those benefits, you can nearly double the size of your monthly check? Benefits are based on your income, the year you were born and the age […]
Stanley Druckenmiller is still bullish the market because of the Fed and Trump
Hedge fund manager Stanley Druckenmiller said Friday he agrees with fellow billionaire investor David Tepper’s optimism on the market and said he, too, is still “riding the horse.” “I revealed a very bullish posture intermediate term since October when [Fed Chairman Jerome] Powell guaranteed he would not rescind the insurance […]
Manufacturers to spend $26.2 billion on ‘upskilling’ in 2020 to attract and keep workers
A worker fits wheel hub badges on the Ford Focus automobile assembly line inside the Ford Motor Co. factory in Saarlouis, Germany, on Wednesday, Sept. 25, 2019. Ford expects hybrid electric vehicles and battery electric vehicles (BEVs) to make up over 50% of its European passenger vehicle sales by year-end […]
US housing starts soar 16.9% in December to a 13-year high
U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record. Housing starts jumped 16.9% to a seasonally adjusted annual rate of 1.608 […]