Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its business.
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The post Is a Macy’s near you closing? Beleaguered department store is closing 66 locations. appeared first on RocketNews.
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Is a Macy’s near you closing? Beleaguered department store is closing 66 locations.
via rocketnews.com -
Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
via rocketnews.comRetired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.
Article Attribution | Read More at Article Source
The post Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed. appeared first on RocketNews. -
10-year Treasury yield drops for first time in five sessions during shortened trading
via rocketnews.comTreasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.
Article Attribution | Read More at Article Source
The post 10-year Treasury yield drops for first time in five sessions during shortened trading appeared first on RocketNews. -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
via rocketnews.comAllstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed tothe California homeowners’ market.
Article Attribution | Read More at Article Source
The post L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill. appeared first on RocketNews. -
TikTok ban goes before Supreme Court. Here’s where the app’s $10 billion in ad revenue could go if it dies.
via rocketnews.comThe end of TikTok in the U.S. could mean a sizeable boost for its publicly traded American competitors.
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Investors are on edge as Friday’s jobs report could make or break the stock-market rally
via rocketnews.comRising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.
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Why two Fed officials doubt the need for many more rate cuts
via rocketnews.comOne official warned that “progress on inflation could continue to stall.”
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IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out
via rocketnews.comIGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.
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Why investors are still buying gold despite a strong dollar and rising Treasury yields
via rocketnews.comGold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt investors seek out safe-haven assets.
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Even the house can lose: Why FanDuel owner Flutter took a $370 million hit on NFL games
via rocketnews.comFlutter said this football season has seen the most “customer-friendly” NFL outcomes since the launch of online sports betting.
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How helpful is auto-enrollment in 401(k) plans?
via rocketnews.comMaking saving easy remains essential
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Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
via rocketnews.comWe told you he would months ago, when he made the promise.
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What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?
via rocketnews.comUnpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.
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UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
via rocketnews.comUBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.
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My wife and I passed on a family wedding due to a ‘no-child’ rule. We’re now attending a friend’s nuptials without our kids. Are we hypocrites?
via rocketnews.com“My in-laws are coming to watch our 7-year-old daughter and her 2-year-old sister.”
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Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly
via rocketnews.comZepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment costs about $1,000 a month without insurance.
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Treasury yields dip as U.S. market avoids pressures from abroad
via rocketnews.comTreasury yields drift lower on Thursday to start of an abbreviated session, with the bond market set to shut early in observance of a national day of mourning in honor of former President Jimmy Carter, who died in late December.
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‘Companies always cozy up to whoever is in power’: Why Meta is numb to outrage over its fact-checking changes
via rocketnews.comOne human-rights group called Meta’s fact-checking change “exceedingly dangerous.” That didn’t seem to stop the company.
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Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under Biden’s new law.
via rocketnews.comRetired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.
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My wife and I passed on a family wedding due to a ‘no-child’ rule. We’re now attending friend’s nuptials without our kids. Are we hypocrites?
via rocketnews.com“My in-laws are coming to watch our 7-year-old daughter and her 2-year-old sister.”
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The post My wife and I passed on a family wedding due to a ‘no-child’ rule. We’re now attending friend’s nuptials without our kids. Are we hypocrites? appeared first on RocketNews. -
AI puts companies in danger of even worse cyberattacks. Here’s the best defense.
via rocketnews.comCybersecurity threats are no longer occasional, isolated incidents but a relentless, daily battle.
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L.A. wildfires have caused more than $50 billion of economic loss — and counting
via rocketnews.comFires across Southern California are already one of the most damaging in the states history.
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U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
via rocketnews.comA surging buck can crimp multinational’s profits
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LiteFinance 20th Anniversary Challenge: How to Earn Points and Win Prizes
via litefinance.org
The contest in honor of the company's 20th anniversary is gaining traction, and we will determine the first winners soon. LiteFinance will award weekly prizes to the top 10 participants in the weekly ranking. You can see the weekly contest results in the Challenge tab in your Client Profile on the LiteFinance web platform.This article explains how you can quickly gain points and progress significantly in the rankings.How to Earn Points?You can get points for completing tasks in your Client Profi -
‘I’ve never been happier’: I married a wonderful lady from Ukraine. I have two successful kids. Do I put my wife on the deed to my home?
via rocketnews.com“We are now looking to downsize and move to another home and I’m wondering if we should put the new property in joint names.”
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Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
via rocketnews.comCEOs might not be so idolized if we realized that many wash out of the job quickly.
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My brother is squatting in a house that my siblings will eventually inherit. How do we get him out?
via rocketnews.com“We lost our dad 12 years ago and have been caring for our 82-year-old mom, who still lives independently.”
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Economic Calendar for the Week 13.01.2025 – 19.01.2025
via litefinance.org
The US Fed's December meeting minutes, released last week, supported a strong US dollar. They reflected the central bank's cautious view on any further monetary easing, noting that inflation remains stable. Fed officials suggested that the recent 1.0% rate cut in September–December is still enough. However, they warned of a potential inflation surge with President-elect Donald Trump, depending on his forthcoming foreign and fiscal policy initiatives.With a strong US economy contrasting wit -
Eggs over potato chips: Brits are getting healthier but not happier, top retailers say
via rocketnews.comBrits are getting healthier but not happier, according to updates from three of the company’s biggest food outlets.
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Consider flipping your 60/40 portfolio to 40/60 as bonds become more attractive than stocks
via rocketnews.comIt’s no longer the glory days for the classic 60/40 investment strategy.
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‘We’ve had two cars for 40 years’: With congestion charges, insurance and gas prices — should we sell our second car? Or will we regret it?
via rocketnews.com“I’m semi-retired working about 20 hours a month at my own business.”
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Medical debt may not hurt your credit score, a new rule says. What happens if you don’t pay the bill?
via rocketnews.comUnpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.
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Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025
via litefinance.org
The beginning of 2025 has created a sense of déjà vu. As in the fall of 2022, UK gilt yields are soaring rapidly, and the pound is plummeting. How will this development affect the GBPUSD pair? Let's discuss this topic and make a trading plan.Major Takeaways The 30-year UK bond yield has reached its highest level since 1998. Rising debt rates will not allow London to balance its budget. Another tax hike will damage the economy. The GBPUSD pair is approaching 1.22.Weekly Fundame -
Bearish Harami Candlestick Pattern
via litefinance.org
A Bearish Harami is a widely recognized candlestick pattern in technical analysis that signals a potential trend reversal. This pattern often marks the end of an uptrend and foreshadows a price decline, referred to as a bearish movement. Traders use this pattern to decide when to exit a long position or initiate a short one.A Bearish Harami pattern indicates weakening bullish momentum and aids in making informed trading decisions based on the analysis of the current market situation. Whether you -
Short-Term Analysis for Oil, Gold, and EURUSD for 09.01.2025
via litefinance.org
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold continues to trade in a correction within the short-term downtrend.Major TakeawaysUSCrude: oil is retreating from the Target Zone 75.11 - 74.33. XAUUSD: gold is trading below the resistance (B) 2678 - 2670 within a downtrend. EURUSD: the euro is testing -
Greenback Appreciates Ahead of US Labor Market Report. Forecast as of 09.01.2025
via litefinance.org
The US Federal Reserve is adopting a cautious stance, anticipating that the 2% inflation target will be reached later than previously expected. Investors were already aware of this information, which makes the upturn in the EURUSD pair a coherent development. Let's discuss this topic and make a trading plan.Major Takeaways The Fed failed to surprise the markets. ADP private sector employment data disappointed. Christopher Waller sees further rate cuts. Shorts trades formed on the EURUSD pair at -
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.01.2025
via litefinance.org
Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Major Takeaways BTCUSD: A triangular correction continues. Expect growth in subwave [C] of B. Consider long positions from the current level with Take Profit at 104,255.00. XRPUSD: Correction (B) may end near 2.532. Consider long positions with Take Profit at 2.532. ETHUSD: Our previous scenario remains valid. Consider selling from the current level with Take Profit at -
Will the stock market be open today? As Jimmy Carter is laid to rest, the U.S. will observe a National Day of Mourning.
via rocketnews.comThe U.S. will honor former President Jimmy Carter, who died on Dec. 29 at age 100, with an official state funeral on Thursday, Jan. 9.
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Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
via rocketnews.comPresident-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most important companies and underscored Trump’s focus on geopolitical competition.
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Port strike averted on East and Gulf coasts, in what both sides call ‘win-win agreement’
via rocketnews.comA union that represents thousands of workers on the East and Gulf coasts reached a tentative six-year agreement with their employers, according to a joint statement released on Wednesday
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S&P 500 starts January with gains after Santa rally busts. What to watch for next.
via rocketnews.comA pair of closely watched but overlapping stock-market phenomena delivered a split decision for investors looking for clues to possible full-year performance. A tiebreaker awaits.
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