Over the course of 2023, women made progress toward gender equity in corporate America but, in a year of corporate belt-tightening and continued uncertainty about the post-pandemic economy, progress was slow. America’s biggest and most profitable companies are leading the way when it comes to driving gender diversity, even […]
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Russia’s Lavrov claims Ukraine’s Western allies are quietly changing strategy in bid to end conflict
Russian Foreign Minister Sergey Lavrov on Thursday said that Western nations are quietly changing strategy regarding the war in Ukraine. “Some ‘calls’ begin, whispers, like, why don’t you meet with someone in Europe who would be ready to talk, and talk about Ukraine without Ukraine,” Lavrov told state-owned news organizations […]
Startup bubble fueled by Fed’s cheap money policy finally burst in 2023
Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking […]
Reset your finances for 2024 in one afternoon with this 5-step money checklist
If you have some time over the holiday break, consider taking a financial hygiene day to prepare yourself for the new year. Personally, I review my finances every year around Christmas since I’ve likely blown my budget on gifts and travel. It’s also the time of year in which I […]
Investors have faith in the Fed in 2024, see bank stock comeback, CNBC survey shows
A Christmas tree stands in front of the New York Stock Exchange (NYSE) in New York on December 1, 2023. Angela Weiss | Afp | Getty Images In the final CNBC’s Delivering Alpha Stock Survey poll of the year, the 300 investors, traders and money managers surveyed are behind Jerome […]
Affirm’s stock quintupled this year, beating all tech peers, on buy now, pay later boom
Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm shares ended 2022 down 90%, wiping out billions of dollars in market value. Affirm investors are wrapping up 2023 in […]
Biden administration’s Medicare drug price negotiations will face major tests in 2024
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS) building on October 06, 2022 in Washington, DC. Anna Moneymaker | Getty Images U.S. patients and drugmakers will get a first glimpse of how much Medicare can negotiate down drug […]
China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla
Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete with automaker giants Tesla and Porsche with a car model […]
European markets muted as global stocks search for new highs
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. Staff | Reuters LONDON — European stocks were little changed on Thursday as global markets search for new record highs to close out the year. European markets The pan-European Stoxx 600 […]
European markets make modest gains as global stocks search for new highs
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. Staff | Reuters LONDON — European stocks nudged higher on Thursday as global markets search for new record highs to close out the year. European markets The pan-European Stoxx 600 index […]