MARKET
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Lucid sees bigger losses ahead, and its stock drops 12%
Shares of Lucid Group Inc. fall 12% in the extended session Wednesday after the EV maker called for larger-than-expected operational…
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Bull market turns 2. Why fewer Fed rate cuts won’t rattle stock investors.
Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s interest rate…
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U.S. online demand has been slower during this week’s deals events so far, Salesforce says
Amazon.com Inc. said Thursday its Prime Big Deal Days was its biggest October shopping event ever, as Prime members took…
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Fed’s Musalem says going slow on interest-rate cuts makes sense
Cutting interest rates at a gradual pace seems to make sense given where the economy is today, St. Louis Fed…
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Dow logs record high as stocks rise, Treasury yields jump after strong jobs data
U.S. stocks rallied Friday on fresh signs of a strong labor market, with the Dow Jones Industrial Average ending at…
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Here’s what’s worth streaming in October 2024: ‘Heartstopper,’ ‘The Diplomat,’ ‘Shrinking’ and more
Hulu’s ‘What We Do in the Shadows’ and Max’s ‘Somebody Somewhere’ return for their final seasons Source link
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I have $2.5 million and fear that I’ll never be able to retire. Am I being irrational?
A reader needs to visualize his retirement buckets to be sure that he has enough. Source link
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Raising the full retirement age to 69 would cut Social Security benefits — but it wouldn’t save the program
The maximum age to claim Social Security would climb to 72 from 70 Source link
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Apollo reportedly offers Intel a multibillion-dollar investment
Apollo Global Management Inc. has offered to make an investment in Intel Corp. of as much as $5 billion, Bloomberg…
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This is what the Fed’s interest-rate cut means for distressed companies
This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney. Source link
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