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Why it pays a lot less to switch jobs right now: ‘That new-hire glow is fading’
Lower quit rates, increasing labor supply and falling worker demand could all be to blame for slowing wage growth this year.
If you want to be the ultimate contrarian next year, bet on these things happening
Bank of America strategist Michael Hartnett gives his contrarian trades to profit from unexpected outcomes in 2024.
Amazon cuts ‘several hundred’ jobs in Alexa division
The company’s devices and services unit, which includes Alexa, was hit by an earlier round of layoffs.
An options trade that wins if Nvidia moves big on earnings in either direction
A long NVDA straddle pays off when volatility increases and the price of the underlying moves by a significant amount, but it doesn’t matter whether it’s to the upside or the downside.
Cadillac reveals its new entry-level EV, a compact crossover called the Optiq
The General Motors brand says the vehicle, which will be its fourth EV, will slot below the Lyriq midsize crossover, which starts around $59,000.
The ‘Apple of e-bikes’ targets profitability next year even as rivals enter bankruptcy
Adrien Roose, CEO and co-founder of e-bike firm Cowboy, told CNBC this week that he expects the company to reach profitability on a full-year basis in 2024.
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Other officials have been saying much of the same, essentially that inflation is showing progress but still has a way to go.