Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted...
Year: 2024
Top Wall Street analysts find these stocks promising for the long haul
As the earnings reporting season draws to a close, many companies were able to deliver solid results despite pressures on consumer spending.Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts.Bearing that in mind, here are three...
China central bank releases slate of support measures amid a deepening economic slump
Pan Gongsheng, governor of the People's Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China.Vcg | Visual China Group | Getty ImagesBEIJING โ China will cut the amount of cash banks need to have on hand, known as the reserve requirement...
China’s ultra-rich population sees ‘dramatic’ growth in last 10 years, outpacing the U.S., report shows
Staff members counting RMB cash deposited by customers in China's Nantong city.Cfoto | Future Publishing | Getty ImagesThe world's super rich club expanded significantly over the past 10 years, with China leading the charge, according to the latest report from New World Wealth and investment migration advisor Henley & Partners.The number...
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024.Brendan Mcdermid | ReutersNike on Thursday announced that its CEO John Donahoe is stepping down and company veteran Elliott Hill is...