Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday. Available positions tumbled to 7.6 million, the lowest since September, and below the Dow Jones estimate for 8 million, the Bureau of Labor Statistics said in its monthly Job Openings and Labor Turnover Survey. The decline left…
Palantir surged more than 27% on Tuesday to a record high after reporting stronger-than-expected fourth-quarter results and guidance driven by ongoing artificial intelligence gains. Shares have skyrocketed 36% since the start of the year and were on pace for their best day in nearly a year. The Denver-based software company posted adjusted earnings of 14…
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway once again scooped up shares of Sirius XM, boosting its stake in the satellite radio company to over 35%. The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares…
Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images PepsiCo reported mixed quarterly results on Tuesday as demand for its snacks and drinks fell in North America for the fifth straight quarter….
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Former President Joe Biden forgave more student debt than any other president. However, the country’s education debt tab still grew during his presidency. Outstanding federal…
Jakub Porzycki | Nurphoto | Getty Images China’s finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S. and 10% higher duties on American crude oil, farm equipment and certain cars, starting Feb. 10. The tariffs announcement came as part of a flurry of…
In this photo illustration, a Google logo is displayed on the screen of a smartphone. Sopa Images | Lightrocket | Getty Images China said on Tuesday it will launch an antitrust investigation into Google over alleged anti-monopoly practices. The country’s State Administration for Market Regulation said that it would initiate an investigation into the technology…
Milan2099 | E+ | Getty Images This tax season, the IRS expects more than 140 million individual returns — and many filers could miss a credit worth thousands of dollars. The earned income tax credit, or EITC, is a tax break for low- to moderate-income workers. In 2023, eligible taxpayers received an average credit of…
CNBC’s Jim Cramer unpacked Monday’s market action, saying investors shouldn’t be shocked by President Donald Trump’s steep tariff hikes, which he promoted during his campaign. “Stop panicking when Trump does something you think is crazy, and remember that he promised to do most of this stuff before he was elected, and he still won,” Cramer…
Apple CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardopedro Pardo | Afp | Getty Images Apple shares fell more than 3% on Monday after President Donald Trump announced 10% tariffs on China, where the company assembles the majority of its products. Apple’s decline was steeper than all…
