DIRS.INFO The most relevant business & tech news

☆ Want to invest in the UK? Barclays names 3 stocks to buy — giving 2 over 40% upside
▼ + stars: | 2025-01-10 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Here are three of the U.K. stocks Barclays is overweight on this year: WHSmith Barclays says it's betting on books, stationery and gifts retailer WHSmith thanks to a "steady recovery" in sales after the pandemic. Shares in WHSmith are listed on the London Stock Exchange and are down around 13.8% over the last 12 months. Barclays has a target price of £15.90 ($19.50) on the stock, giving it about 40% upside potential. Barclays has a target price of £33.70 on the stock, giving it about 52% upside potential. Barclays has a target price of £23.40 on the stock, giving it just over 6.3% upside potential.

Persons: WHSmith, Weir, — CNBC's Michael Bloom Organizations: Barclays, WHSmith Barclays, London Stock Exchange, Weir Group Locations: U.S, Weir

☆ These companies reporting next week typically beat earnings forecasts
▼ + stars: | 2025-01-10 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

A handful of companies set to report earnings next week could exceed expectations, at least if history is any guide. Against this backdrop, CNBC Pro used earnings data from Bespoke Investment Group to find stocks that typically top analysts' quarterly earnings expectations and rise afterward. The money manager has historically posted better-than-expected earnings results 80% of the time, leading to a 1% gain in the stock. Citizens Financial also turned up on the screen. CFG YTD mountain Citizens Financial stock.

Persons: Raymond James, David Long Organizations: CNBC Pro, Investment Group, Wall, BlackRock, Citizens Financial, Financial, Citizens Locations: BlackRock, Providence , Rhode Island

☆ Here's what Wall Street thinks of latest bombshell jobs report — and higher yields
▼ + stars: | 2025-01-10 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Such a strong report would normally be cheered by investors, because it brightens the outlook for economic growth and expanding corporate profits. But this one dampens expectations for Federal Reserve interest rate cuts later this year. In terms of the rate cuts that [are] now priced in. En masse, they are becoming more cautious about executing future rate cuts. While a strong labor market is good for the U.S., there are worries that too strong of a jobs market will put reflation back on the table."

Persons: Saira Malik, Peter Boockvar, Lindsay Rosner, Thomas Simons, Jack McIntyre, Bret Kenwell, Jon Tower Organizations: Dow, Dow Jones Industrial, Nasdaq, Federal Reserve, Bleakley, Goldman Sachs Asset Management, Jefferies, Brandywine, Fed, Citigroup Locations: U.S, We've

☆ Dow tumbles more than 500 points following blowout jobs report
▼ + stars: | 2025-01-10 | by ( John Towfighi | ) edition.cnn.com time to read: +1 min

New York CNN —US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign. The Dow dropped by more than 550 points, or 1.3%; while the S&P 500 fell by 1.4% and the tech-heavy Nasdaq index was lower by 1.75%. The selloff comes as the economy added 256,000 jobs in December, far outpacing expectations of around 153,000 jobs. While strong job growth signals a healthy economy, it raises the question of how soon the central bank needs to cut interest rates again. Traders now expect just a 2.7% chance the Fed will cut rates at its policy meeting later this month, according to the CME FedWatch Tool.

Persons: Dow, Donald Trump’s, ”, Chris Zaccarelli Organizations: New, New York CNN, Traders, Federal Reserve, Northlight Asset Management Locations: New York

☆ Chinese lenders have a massive challenge: They can't lend enough
▼ + stars: | 2025-01-10 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

With consumers and businesses gloomy about the prospects of the world's second-largest economy, loan growth has stalled. Beijing's stimulus push has so far not been able to spur consumer credit demand, and is yet to spark any meaningful rebound in the faltering economy. In November, the new bank lending stood at 580 billion yuan, versus 1.09 trillion yuan a year earlier. Goldman Sachs sees growth in the world's second-largest economy slowing to 4.5% this year, and expect credit demand in December to have slowed further from November. For this year, authorities have vowed to make boosting consumption a top priority and to revive credit demand with lower corporate financing and household borrowing costs.

Persons: Edmund Goh, Goldman Sachs, Lynn Song, Song Organizations: Bank of, People's Bank of, ING, Investors Locations: SHENZHEN, CHINA, Bank of China, Shenzhen, Guangdong Province, China, abrdn, Singapore, People's Bank of China

☆ Strong jobs data is good news for the economy, just not for the market. Here's why
▼ + stars: | 2025-01-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As far as we're concerned, a good labor market with stabilizing wage growth is not a bad thing. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Oppenheimer, Goldman Sachs, Ming, Chi Kuo, Kuo, we've, Wells, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Labor Department, Treasury, Federal Reserve, Costco, Walmart, Jefferies, Apple, Apple Intelligence, MoffettNathanson, JPMorgan Healthcare Conference, BlackRock, JPMorgan Chase, Citigroup, Club, Bank of America, Taiwan Semiconductor Manufacturing Co, UnitedHealth, Jim Cramer's Charitable Locations: U.S, Washington, San Francisco

☆ Levine: Young investors are important because it is about financial education
▼ + stars: | 2025-01-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLevine: Young investors are important because it is about financial educationAron Levine, Head of Preferred Banking and Investments at Bank of America, discusses the importance of offering clients access to banking, lending, and investing to achieve long-term goals.

Persons: Email Levine, Young, Aron Levine Organizations: Preferred Banking, Investments, Bank of America

☆ China central bank suspends treasury bond buying citing short supply
▼ + stars: | 2025-01-10 | by ( ) www.cnbc.com time to read: 1 min

A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds. The People's Bank of China said it would resume bond buying depending on supply and demand in the government bond market.

Organizations: People's Bank of China, People's Bank of Locations: Beijing, China, China's, People's Bank of China

All that’s left of the Wellema Hat Company after the Los Angeles fires. “It was just ruins,” said Mr. Wellema, who was speaking Friday from a family member’s home an hour south of the city. Mr. Wellema, his wife, Shelby, and their three young children had evacuated on Wednesday, driving through “raining ash” to escape the fire. Credit... Cody Wellema Image The signage on the shop’s front window was hand-lettered by Derek McDonald of Golden West Sign Arts. In time, the Wellema Hat Company became a destination for anyone who appreciated a jaunty hat or just a classic product made right.

Persons: that’s, Cody Wellema, ”, Wellema, Shelby, ” Mr, Mr, Derek McDonald, John C, Reilly, Wellema fedoras, Al Capone, “ Cody, Nico Lazaro, Angeleno, Cody, Shelby Wellema, Ethan M, Wong, podcaster, Wellema’s saucerlike, urbanites, ’ ”, Wellema’s, Stetson, Edward Borein, I’d, It’s, Mark Abramson, ” Ms, “ I’m Organizations: Wellema, Company, Golden West, Arts, Credit, Wellema Hat Company, Wellema Hat, ., The New York Times Locations: Mariposa, Altadena, Los Angeles, Pasadena, Rome, Colorado, Southern California, America, Santa Barbara, California, Western, Wellema’s, “

☆ Morgan Stanley welcomed a new class of leaders this week. See all 173 managing director names here.
▼ + stars: | 2025-01-10 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

Morgan Stanley on Wednesday promoted a new class of managing directors to help steer the firm. The promotions come as Wall Street prepares for a more active environment for dealmaking. Morgan Stanley this week welcomed a new class of leaders to help shepherd the bank through what's expected to be a more active dealmaking environment. On Friday, they shared the names of their 173 new managing directors, the bank's highest title outside the C-Suite. Morgan Stanley new MD class is larger than last year's, although short of the multiyear highs hit at Goldman and Citi.

Persons: Morgan Stanley, Goldman Sachs, Andrea Alberti, Andrew Arena Emma Atkins Mona Benisi, Maria Berezhkova Alison Bilger Priya Bindra, Nathan Bishop Peter Boehm Dan Bray, Katalin Broz Shinya Bukawa Edward Bury, Ryuk, James Carroll Matt Cashia, Kathy Chan Kendal Cehanowicz Fabien Charbonnel, Florence Hiu, Cheung Simerjeet Chhatwal, Joseph Chiovitti Cassandra Choi Lindsay Connor, Lori Corbett Stephanie Crombie John Crowe, Jon Davis Laura D'Albey Toussaint Davis, Jamie Day Daniel DeDora Daniel Diamond, Sean Diffley James DiGuglielmo Danielle Dimitriou, James Donnelly Charles, Antoine Dozin Patrick Edwards, Steve Farr Kurt Gabriel, Tish Garrett Jenna Giannelli Marjorie Goichberg, Jennifer Gonzalez Fernando Manuel Gonzalez Baquero Max Gordon, Brown, Anna Grainger Jonathan Greenberg Stephen Grambling, Emma Griffin Dirk Grunert Inan, Gupta Yash Gupta Caroline Halimi, Kyle Hallett Ryuichiro John Hanawa Todd Hand, Sophia Herrmann Andrew T, Hill Jaylene Howard, Phil Humphreys Ross Hutcheson Daniel Iacovitti, Eiji Ieno Kiran Inamdar Tomoo, Paul Jodice Chris Ju, Michele Jones Patrick Keeley, Jr, Michael Keene, Andrei Keis Brian Kelly Aly Kerr, Hussein Khattab Christopher Khouri Nicholas R, Krisztian Kovacs Sara J.G, Krantz Jenna Krause, Mithun, Colm Leahy Jon LeBoutillier, Ben L, Lee Dick Lee Jason Lees, Benjamin Liberos Uri Lichtenfeld Daniel J, Liu Sarah Lloyd, Johns Elly Lukenskaite, Richard Mancusi Koren Maranca, Lesley A, Matthews Helen Mbugua, Mandy McClung, Felipe Medeiros Lauren Miller James Montgomerie, Joseph Morgan Louise Mylott Paul, Marianna Nichols Patrick J, Nolan Onyekwere Randy Ojukwu, Dina Paek Monica Pal Mark K, Paul Rebecca Peckham Richard Perrott, Tony Piperno Jon Pistilli Laurie Pistilli, Sanjiv Prasad Anthony Preisano Jared Richardson, Chris Rigoli Lúlica Rocha Alison Rooney, Brendan Ross Daniel Rossi Samantha L, Schreiber, Neil Schwarz James Scilacci Stephen Scott, Matt Sebesten Federico Sequeda Sajan Shah, Brian Sanderson Steven Santoro Rebecca Shaoul, Eugene Shenkar Aleksey Shevchenko Derek Simmons, Singh, Ben Smith, Lucio Solms, Lich Zachary Solomon Nick Spiller, Reed Staub Kirsten Stewart Alexandra Straton Gleich, Jason Swankoski Keiko Takeno Emma Tamblingson, Frank F, Tang Daniel Tay Zhi Yang Courtney A, Thompson, Paul B, Tucker Ciaran Tuohy Bolivar Valera, Alex J, Visokey Elizabeth Mazzagetti Waggoner Robert R, Walton , Jr, Mae Wang David White Patrick Whitehead, Emma Whitehouse Russell Wilk Brandon D, Erik Woodring Ken Yamaguchi Saba Zahid, Mike Zheng Organizations: Citigroup, Goldman, Citi Locations: Florence

☆ Citi upgrades McDonald’s to buy as fast-food giant leans into value pivot
▼ + stars: | 2025-01-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

A pivot back toward value will boost shares of McDonald's going forward, according to Citi. The bank upgraded shares of the fast food giant to buy from hold. MCD 1Y mountain MCD 1Y chart This year, a revamped national value platform, coordinated messaging push and new products should boost McDonald's competitive advantages versus its peers, according to Citi. Already, evidence shows that McDonald's value pivot has resonated with its customers, with traffic growing following the launch of the $5 Meal Deal in late June, the bank said. LSEG data shows 25 of 40 analysts covering it rate it as a buy or strong buy.

Persons: Jon, Burger, Wendy's, Krispy Kreme, McDonald's Organizations: Citi

☆ Auto giants are struggling to find palatable solutions in the race to avoid hefty emissions fines
▼ + stars: | 2025-01-10 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Pooling refers to the process in which car manufacturers team up to be considered as one entity when calculating their performance against a CO2 emissions target. The Volvo emblem is seen on the front bumper of a vehicle at the Volvo Cars of Austin dealership on September 04, 2024 in Austin, Texas. "And a lot of the cars that Tesla is selling in Europe, which is generating its greenhouse credits, are coming from China. A heated debateSome of Europe's OEMs have expressed concern about the tightening of carbon regulations in Europe, particularly as electric vehicle demand falters. So, how on Earth does delaying the target and making us even more behind going to help the industry?

Persons: Rico Luman, Luman, ING's Luman, Brandon Bell, Stephen Reitman, Bernstein, Reitman, CNBC's, Olaf Scholz, Ursula von der Leyen, European Council Antonio Costa, Viktor Orban, Julia Poliscanova, Poliscanova Organizations: Mercedes, Benz, Getty, ING, CNBC, VW, Volvo, U.S, EV, Tesla, Austin, Research, EU, European Automobile Manufacturers ' Association, European Commission, Joint Press Conference, European Council, European, Summit, European Union, Nurphoto, Transport, Environment Locations: —, Austin , Texas, Europe, China, Brussels, Belgium

☆ This biotech stock is an 'oncology powerhouse' with 40% upside, says Truist Securities
▼ + stars: | 2025-01-10 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

BioNTech SE could evolve into an "oncology powerhouse" after emerging as a premier vaccine player during the Covid-19 pandemic, according to Truist Securities. The investment bank initiated research coverage of the German biotechnology company, which develops both vaccines and immunotherapies, with a buy rating on Thursday. Truist's $172 per share price target on BioNTech's Nasdaq-traded American depositary receipts implies nearly 41% upside from Thursday's $122.15 close. BNTX 1Y mountain BioNTech SE stock over the past year. BioNTech stock has advanced more than 15% over the past year.

Persons: Truist's, Asthika Goonewardene, Goonewardene, BNTX Organizations: Truist Securities, BioNTech's Nasdaq, Oncology

☆ UBS upgrades this solar stock to buy, calls it a ‘clear market leader’
▼ + stars: | 2025-01-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Sunrun could more than make up for last year's pullback going forward, according to UBS. The bank upgraded shares of the clean energy stock to buy from neutral. Analyst Jon Windham also lifted his price target to $17 from $14. RUN 1Y mountain RUN 1Y chart "RUN looks attractive given the shares trading near all-time low multiples despite emerging positive fundamental trends," Windham wrote, adding that Sunrun is emerging as the "clear market leader in a stabilizing residential solar market." Of the 27 who cover it, 14 have a buy or strong buy rating on it, according to LSEG.

Persons: Jon Windham, Windham, Trump Organizations: UBS Locations: California, underperform

☆ Jim Cramer's week ahead: Bank earnings and new economic data
▼ + stars: | 2025-01-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday previewed next week's top market-moving events, highlighting earnings reports from several major banks and new data from the Labor Department. On Monday, Cramer will be watching for earnings from KB Home , a homebuilder which does substantial business in California. So even though KB Home has posted consistently solid earnings, the stock might get hit, Cramer said. Thursday brings another slew of bank earnings: Bank of America , US Bancorp , Morgan Stanley and PNC Financial . And even though UnitedHealth Group is dealing with the highly-publicized murder of its CEO, Cramer said he thinks the company will post solid earnings.

Persons: CNBC's Jim Cramer, Cramer, Donald Trump, Goldman Sachs, Wells, Morgan Stanley, J.B, Hunt, SLB Organizations: Labor Department, KB, JPMorgan, Citigroup, Bank of America, US Bancorp, PNC Financial, PNC Locations: California, Wells Fargo

☆ European markets open lower after UK borrowing costs hit multi-decade highs
▼ + stars: | 2025-01-10 | by ( Chloe Taylor | ) www.cnbc.com time to read: +1 min

European markets opened lower on Friday, as investors monitor economic data and ongoing turbulence in the U.K.'s debt markets. Traders in the region are monitoring developments in the U.K. market, as yields on some gilts — British government bonds — hit their highest levels in decades this week. Some of Europe's biggest economies are set to publish economic data on Friday. Overnight in Asia, stocks were mostly lower as investors monitored Japanese data prints and reports that the People's Bank of China would suspend treasury bond purchases. — CNBC's Lim Hui Jie and Sean Conlon contributed to this European markets story.

Persons: —, — CNBC's Lim Hui Jie, Sean Conlon Organizations: Traders, U.S, People's Bank of China, Reuters Locations: U.K, London, Britain, France, Spain, Italy, Asia

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Tesla, Nike, Sunrun, Amazon, Pinterest & more
▼ + stars: | 2025-01-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are initiating coverage of News Corp with a Buy rating and a $36 target price." Deutsche Bank reiterates Tesla as buy Deutsche raised its price target on the stock to $420 per share from $370. JPMorgan reiterates Netflix as overweight The firm lowered its price target to $1,000 from $1,101 ahead of earnings later this month. Monness Crespi Hardt upgrades Pinterest to buy from neutral The firm said the stock has an "undemanding valuation." "The combination of a floundering stock price and improved profitability has left Pinterest with an undemanding valuation.

Persons: Bernstein, Oppenheimer, Ulta, Piper Sandler, Piper, it's bullish, Elliott Hill's, MoffettNathanson, it's, Morgan Stanley, Gilead, Goldman Sachs, Wells, Needham, LULU, Hess, Tesla, Monness Crespi Hardt, Pinterest, ANF, BURL, GIL Organizations: Bank of America, Nvidia, Consumer, Toyota, Citi, News Corp, outperformance, Nike, Mizuho, UBS, Barclays, Semiconductor, AMD, Body, " Bank of America, Chevron, Deutsche Bank, Deutsche, JPMorgan, Netflix, Abercrombie, Fitch Locations: NXPI, Bath, U.S, Burlington

☆ Inflation data will be of paramount importance in the week ahead, with earnings kicking off
▼ + stars: | 2025-01-10 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

With investor confidence in the Federal Reserve's interest rate path fast dwindling, the inflation data next week will be of paramount importance for a flagging market. How investors take the December inflation data could have big implications for a market that's already at historically stretched valuations to start the year. Monday, Jan. 13 2 p.m. Treasury Budget (December) Tuesday, Jan. 14 6 a.m. NFIB Small Business Index (December) 8:30 a.m. Producer Price Index (December) Wednesday, Jan. 15 8:30 a.m. Consumer Price Index (December) 8:30 a.m. Export Price Index (December) 8:30 a.m. Import Price Index (December) 8:30 a.m.

Persons: Donald, Allison Schrager, CNBC's, Dan Niles, Niles, John Belton, he's, Belton, Goldman Sachs, Wells, Morgan Stanley, Price, John Williams, Huntington Organizations: Dow Jones, Manhattan Institute, Niles Investment Management, Gabelli, . Treasury, Wednesday, Citigroup, JPMorgan Chase, Bank of America, Treasury Budget, . New York Federal Reserve Bank, Economic, Bank of New York Mellon, Price, Philadelphia Fed, Retail, Hunt Transport Services, U.S . Bancorp, PNC Financial Services, T Bank, Housing, Manufacturing, Schlumberger, Fastenal, Citizens Financial Group, Regions, Truist Locations: FactSet, Wells Fargo, BlackRock, . New, NAHB, U.S

☆ The Fed Is in No Rush to Cut Rates, Even if There Is a Weak Jobs Report
▼ + stars: | 2025-01-10 | by ( Ben Casselman | ) www.nytimes.com time to read: 1 min

When the Federal Reserve began lowering interest rates in September, inflation was cooling and the job market was showing some troubling signs of weakness. Three months and a full percentage point of rate cuts later, the opposite is true: The job market seems to have stabilized, but progress on inflation has stalled. As a result, the central bank is widely expected to pause its campaign of rate cuts at its meeting this month, a message reinforced by Fed officials in a series of speeches this week. “While it is not my baseline outlook, I cannot rule out the risk that progress on inflation could continue to stall,” Michelle Bowman, a Fed governor, said in a speech on Thursday.

Persons: Michelle Bowman Organizations: Federal Reserve, Fed

☆ Why China's central bank has stopped bond purchases
▼ + stars: | 2025-01-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

BEIJING — The Chinese central bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that's put unwanted downward pressure on the yuan, analysts said. China's 10-year bond yield plunged to a record low this month, while the Chinese currency traded in Hong Kong on Wednesday hit its weakest against the U.S. dollar in more than a year. Compared with the U.S. Treasury 10-year bond yield of 4.68%, the yield on the Chinese government 10-year bond is around 1.64%. Supporting the yuanChina has also recently ramped up efforts to support the yuan by issuing bills in the Hong Kong market. The PBOC will auction 60 billion yuan in six-month bills in Hong Kong on Jan. 15, the Hong Kong Monetary Authority said Thursday.

Persons: that's, Larry Hu, Hu, didn't, Pan Gongsheng, Peter Alexander, Lynn Song, Zong Ke, Zhiwei Zhang, Brian Tycangco, Zong Liang, Haizhong Chang, corporates, Fitch Bohua, Bao, Ying Shan Lee Organizations: People's Bank of China, U.S, People's Bank of, gov, Macquarie, PBOC, Ben Advisors, Wequant, Management, U.S . Treasury, Treasury, Stansberry, Hong Kong Monetary Authority, Bank of China, Fitch Locations: Beijing, BEIJING, Hong Kong, People's Bank of China, China, U.S, Shanghai, outflows

☆ NFL playoffs: What to know about the first round
▼ + stars: | 2025-01-10 | by ( Ben Morse | ) edition.cnn.com time to read: +11 min

CNN —After 272 regular season games, we have the final 14 NFL teams vying to lift the Lombardi Trophy. Here are the matchups for the first round of the playoffs, how to watch them and what to look out for. ETThe opening game of the 2024 playoffs will be held at NRG Stadium in Houston with the Texans hosting the Los Angeles Chargers. Stroud has failed to hit the same heights he reached in his rookie NFL season. Amid the ongoing wildfires in Los Angeles, the NFL announced on Thursday that the game will be played at State Farm Stadium in Glendale, Arizona rather that Los Angeles.

Persons: Peacock, Jim Harbaugh’s, Justin Herbert, CJ Stroud, Stroud, Brooke Sutton, Derwin James, Joey Bosa, Khalil Mack, Herbert, –, Vince Lombardi, Lamar Jackson, Derrick Henry, Jackson, Mitch Stringer, Henry, Baltimore’s, George Pickens, Bo Nix, Sean Payton, Josh Allen, Allen, Greg M, Cooper, ” Saquon Barkley, Eric Dickerson’s, Josh Jacobs, Jacobs, Jeff Hanisch, Christian Watson, Jalen, Jayden Daniels, Daniels, Kevin Jairaj, Baker Mayfield, Mike Evans, Byron Young, Sam Darnold’s facemask, Nacua's, Matthew Stafford, Sean McVay – Organizations: CNN, NFL, Kansas City Chiefs, Detroit Lions, Caesars, Los Angeles Chargers, Houston Texans, CBS, Paramount, Pittsburgh Steelers, Baltimore Ravens, Denver Broncos, Buffalo Bills, Green Bay Packers, Philadelphia Eagles, FOX, Washington, Tampa Bay Buccaneers, NBC, Minnesota Vikings, Los Angeles Rams, ESPN, ABC, NRG, Texans, AFC South, Chargers, Getty, Los, New, AFC, T Bank, AFC North, Ravens, USA, Sports, Reuters, Steelers, Broncos, Cincinnati Bengals, Bills, Buffalo, New York Giants, Packers, Chicago Bears, Eagles, Philly, Bucs, NFC, SoFi, Rams, Vikings, Detroit, State Farm Locations: New Orleans, Houston, LA, Los Angeles, Pittsburgh, Denver, New York, “, Wisconsin, Washington, Florida, Tampa Bay, California, Minnesota, Glendale , Arizona

☆ Here’s where the jobs are for December 2024 – in one chart
▼ + stars: | 2025-01-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Retail trade, which added 43,400 jobs, and leisure and hospitality, up 43,000, scored the second- and third-largest increases last month. Retail trade jobs are in or outside a store, from infomercials to street vendors to vending machines, can sell to consumers or other businesses and involve after-sale services, such as repair and installation, the BLS says. Last month, health care and social assistance jobs saw the largest gains for a third consecutive month, adding 69,500 to payrolls, according to data from the Bureau of Labor Statistics . Retail growth, a sharp turnaround from steep losses in November, was bolstered by employment increases across key categories. For instance, the Federal Reserve Bank of Dallas' December Texas Retail Outlook Survey showed an acceleration in retail sales activity.

Persons: Julia Pollak, ZipRecruiter's, Pollak, We'll, –, " Pollak Organizations: Retail, BLS, Bureau of Labor Statistics, CNBC, Federal Reserve Bank of Dallas Locations: U.S, Texas

☆ What BofA says it would take for the Fed's next rate move to be a hike
▼ + stars: | 2025-01-10 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

The Federal Reserve is likely done cutting rates amid robust economic activity, BofA analysts say. The outlook comes after a surprisingly strong December jobs report. The Federal Reserve's next rate move might be a hike, according to Bank of America analysts. But hikes will likely be in play if y/y core PCE inflation exceeds 3% and/or long-term inflation expectations become unanchored," they wrote. Bank of AmericaCore PCE has typically been the Fed's preferred inflation gauge, and has flattened in recent months above the Fed's target.

Persons: Aditya Bhave Organizations: Federal, Bank of America, PCE

☆ At Blackstone, junior staff talk deals to top execs. 'It's scary,' said Jon Gray.
▼ + stars: | 2025-01-10 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

It can be "scary," said Jon Gray, the firm's president, on a recent podcast. We want them to articulate why they have conviction," Jon Gray said on a recent podcast hosted by Norges Bank Investment Management. The firm has 12,700 real estate assets and 240 portfolio companies as of June, according to the company's website. In 2020, it launched Career Pathways, a program to help portfolio companies solve talent problems by creating internal trainings. In September, the company said the portfolio companies that took part in the program have hired over 10,500 people from underrepresented groups.

Persons: Blackstone, Jon Gray, Gray, Marshall Plumlee, He's, Plumlee, It's Organizations: Norges Bank Investment Management, Business, US Army, Blackstone, Talent

☆ Airbus had a way better 2024 than Boeing, delivering 766 commercial aircraft
▼ + stars: | 2025-01-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Airbus said it delivered 766 commercial aircraft last year. It's likely that Airbus delivered about twice as many planes as struggling US rival Boeing. Airbus delivered 766 aircraft last year, or four short of its target, the European planemaker said on Thursday. The stock rose 14% in 2024, while Boeing stock fell 31% — leaving it the biggest loser in the Dow Jones Industrial Average. In June, Airbus cut its 2024 delivery target from 800 planes to 770, citing "persistent specific supply chain issues mainly in engines, aerostructures, and cabin equipment."

Persons: planemaker, Boeing's, Christian Scherer, AeroSystems Organizations: Airbus, Boeing, Deutsche Bank, Dow Jones, Bank of America

Search resuls for: "California Bank

25 mentions found