Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released »
Costco union representing 18,000 workers authorizes nationwide strike
A union representing thousands of Costco employees voted to authorize a strike, paving the way for a work stoppage if the labor group and retailer do »
Stanley Druckenmiller says 'animal spirits' are back in markets because of Trump with CEOs 'giddy'
Retailers Adjust Strategies to Meet Financially Strained Consumers’ Needs
With ongoing financial strain causing many consumers to live paycheck to paycheck, retailers are adjusting strategies to cater to cost-conscious shoppers. As inflation pressures persist and »
Guggenheim expects Fed to cut rates about every quarter in 2025
Guggenheim Partners' chief investment officer forecast on Monday that the U.S. Federal Reserve is likely to cut interest rates roughly every quarter in 2025, »