AVGO, HMC, GME, KULR and more

Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4, the day bitcoin hit the $100,000 […]

10-year Treasury yield rises above 4.6% as investors digest jobless claims data

Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE Treasury yields rose Thursday morning as investors digested new data on weekly jobless claims. The yield on the 10-year Treasury jumped 5 basis points 4.633%. The 2-year Treasury traded 2 basis points higher at 4.359%. One basis point is equal to 0.01%. Yields move inversely to […]

GME, MSTR, HMC and more

Check out the companies making headlines before the stock market opens. GameStop – Shares jumped more than 4%, extending their gains from Tuesday. The video game retailer has risen four straight days and climbed more than 77% in 2024. Crypto stocks – Stocks linked to the price of bitcoin moved lower as the cryptocurrency slid […]

The Roth 401(k) is becoming more common

Filippobacci | E+ | Getty Images Retirement savers, take note: more employers have added a Roth savings option to their workplace 401(k) plans. And, due to a legislative change, it’s likely the remaining holdouts will soon offer it, too. About 93% of 401(k) plans offered a Roth account in 2023, according to an annual poll […]

Stocks making the biggest moves midday: AAL, AVGO, JPM

Check out the companies making headlines in midday trading: American Airlines — Shares slipped less than 1%, recovering from earlier losses, after the airline temporarily grounded all of its flights due to a technical issue. Broadcom — The semi stock added 2%, extending its December rally. Shares have surged more than 46% this month, propelling […]

Biggest banks planning to sue the Federal Reserve over annual stress tests

A general view of the Federal Reserve Building in Washington, United States. Samuel Corum | Anadolu Agency | Getty Images The biggest banks are planning to sue the Federal Reserve over the annual bank stress tests, according to a person familiar with the matter. A lawsuit is expected this week and could come as soon […]

Why the ‘great resignation’ became the ‘great stay’: labor economists

Sdi Productions | E+ | Getty Images The U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn. In short, the “great resignation” of 2021 and 2022 has morphed into what some labor economists call the “great […]

NVO, HMC, XRX, TSLA and more

Check out the companies making headlines in premarket trading. Novo Nordisk — The stock jumped about 5%, rebounding from the nearly 18% losses seen in the previous session. On Friday, the Danish pharmaceutical giant’s experimental weight loss drug, CagriSema, reported late-stage trial results that missed expectations . Honda – U.S.-listed shares surged 15% after the […]

How much Mariah Carey makes from ‘All I Want For Christmas Is You’

Mariah Carey performs “All I Want for Christmas Is You” at the 2023 Billboard Music Awards.  Gilbert Flores | Penske Media | Getty Images “I don’t want a lot for Christmas / There is just one thing I need / An answer to just one question / An estimate of Mariah Carey’s song royalties, please?” […]