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☆ The deterioration of corporate training has become a hot topic after a recent college grad said she was 'hired and fired' 6 days into her first job
▼ + stars: | 2024-01-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA recent grad who said she was "hired and fired in less than two weeks" from her first job out of college has sparked a conversation on TikTok about the deterioration of corporate onboarding. She said it was her first full-time job after graduating from college last August. Frederick said her colleagues told her they didn't know what to give her to do, which led her to feel "useless." She was told it wasn't working out and the company would be seeking another candidate.

Persons: —, Sierra Desiray Frederick, she'd, Frederick, hadn't, she's Organizations: Service, Aldi, Business Locations: Tennessee

☆ Inflation is down sharply, but getting to exactly 2% will be tough
▼ + stars: | 2024-01-10 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, measured 2.6% annually in November. So, getting that number down to the Fed’s 2% target should happen in no time, right? That’s because much of the run-up in inflation came from pandemic-induced supply chain disruptions and unusual spikes in demand. The reason is that as inflation cools more, the remaining components that work to keep inflation above the Fed’s target are increasingly “sticky,” meaning they’re the least responsive to changes in market conditions. And it’s so far, so good.”That said, though it’s not the Fed’s go-to inflation gauge, Thursday’s CPI report showed that the road to 2% could come with more bumps.

Persons: ”, John Cochrane, Jerome Powell, Gregory Daco, That’s, Powell, Cochrane, “, ” Paul Donovan, ” Powell, I’d, it’s Organizations: New, New York CNN, Hoover Institute, “, University of Chicago, CNN, UBS Global Wealth Management Locations: New York, EY

☆ Gold subdued as traders gear up for US inflation print
▼ + stars: | 2024-01-10 | by ( ) www.cnbc.com time to read: +2 min

A worker handles an Argor-Heraeus SA one kilogram gold bar at Solar Capital Gold Zrt. Spot gold was down 0.3% at $2,023.48 per ounce. U.S. consumer inflation data is due on Thursday. Economists polled by Reuters see year-on-year inflation at 3.2% in December, but think core inflation likely fell to 3.8%, its lowest since mid-2021. "Still, bullion bulls would have no qualms restoring spot gold back above that psychologically important mark once markets get a firmer grasp on the Fed's policy pivot."

Persons: Bob Haberkorn, Michelle Bowman, denting, Han Tan Organizations: Heraeus SA, Solar, Reuters, New York Federal Reserve, Treasury, Exinity Locations: Budapest, Hungary, U.S

☆ What’s in Our Queue? ‘Don’t Hug Me I’m Scared’ and More
▼ + stars: | 2024-01-10 | by ( Lawrence Levi | ) www.nytimes.com time to read: 1 min

What’s in Our Queue? ‘Don’t Hug Me I’m Scared’ and MoreI’m an editor who works on features for The Times’s print edition. I’m also a street photographer, and I pursue culture the same way I practice photography: I wander until something catches my eye. Here are five things I recently came upon →

Persons: I’m, →

☆ A Gen Z-er did six-figures in Amazon sales on a $3,000 budget using retail arbitrage. He explains how he's shifting his e-commerce strategy to create a more sustainable and passive income stream.
▼ + stars: | 2024-01-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

"There's a low barrier to entry," the 20-year-old told Business Insider of the main reason he started with retail arbitrage. The trade-off is that retail arbitrage is a time-intensive strategy. Like arbitrage, you're buying and reselling an existing product; but you're buying in bulk, meaning you're spending more money upfront on inventory. Starting a private label brand is going to require the most upfront investment, both in terms of your time and money. Comparatively, with retail arbitrage, "I'm handling everything," he said.

Persons: —, Sahaj Dhingra, Dhingra, you've, He's Organizations: Service, Costco, Walmart, Amazon, Business, Virginia Commonwealth University, VCU

☆ Euro zone inflation rebounds in December, fueling rate-cut debates
▼ + stars: | 2024-01-05 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease, according to data released Friday by Eurostat. Core inflation — which doesn't include energy, food, alcohol and tobacco prices — cooled to 3.4% last month from 3.6% in November. An overall rise was expected due to base effects from the energy market, as price falls moderate. Energy prices were down 6.7% year on year in December, versus a 11.5% drop in November. The headline inflation rise "is essentially a technicality," Michael Field, European market strategist at Morningstar, said in a note.

Persons: Michael Field Organizations: Eurostat, Energy, European, Morningstar

☆ Xerox to cut 15% of its workforce
▼ + stars: | 2024-01-03 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees as of Dec. 31, 2022, according to a filing with the U.S. Securities and Exchange Commission. The company's restructuring plan involves simplifying its products within its core print business, increasing efficiency across its global business services and boosting focus on IT and other digital services, according to a release. Xerox said it also redesigned its executive team to help carry out the new model. Xerox will carry out the cuts this quarter, according to the release.

Persons: Steven Bandrowczak Organizations: Xerox, Wednesday, U.S . Securities, Exchange Commission, CNBC PRO

☆ 5 low-lift side hustles to start in 2024 that take only a few hours a week
▼ + stars: | 2024-01-02 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

They shared how they made an additional income from their side hustles while keeping the hours they spent on them to a minimum. He said he decided to sell products on Amazon FBA because it required minimal upfront costs. Alistor spent about 20 hours a week working on his side hustle alongside his 9-to-5 for two years. AdvertisementBut when he was laid off during the COVID-19 pandemic, he began spending 50 hours a week on the business. In 2023, Alistor decided to reduce the hours he spent on his business to 10 hours a week.

Persons: —, Desiree Sandison, Sandison, Heather Johnson, Johnson, I'd, Ben Alistor, Alistor, Seth Sutherland, Sutherland, cohosting, Gaurav Shrishrimal, Shrishrimal Organizations: Service, Business, hustles, Amazon Locations: I'd, Etsy, Reykjavík, Iceland, India

☆ ASML forced to suspend some China exports after US escalates tech battle
▼ + stars: | 2024-01-02 | by ( Diksha Madhok | ) edition.cnn.com time to read: +2 min

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. CNN —ASML has been ordered by the Dutch government to restrict shipment of some of its chip-making equipment to China, the company said on Monday. For several years, the Dutch government has faced pressure from the United States to limit chip-related exports to China. ASML said when the rules were updated that due to “the length and complexity of the regulations, ASML will need to carefully assess any potential implications.”The updated export restrictions would affect between 10% and 15% of the firm’s sales to China, ASML Chief Executive Peter Wennink said during an earnings call in October. China reacted on Tuesday, by calling the US curbs “hegemonic” and “bullying.”These actions will “undermine the global semiconductor landscape,” Foreign Ministry spokesperson Wang Wenbin said.

Persons: CNN — ASML, ASML, Biden, Peter Wennink, ” ASML, Wang Wenbin Organizations: CNN, United, NXT, ASML, Foreign Locations: China, United States, Veldhoven, Netherlands

☆ Tech stocks dominated 2023 investing. Here's where the sector finds growth in 2024
▼ + stars: | 2023-12-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +11 min

After 2023's blowout run, it's hard to recall the once gloomy investing setup for technology stocks last December. As the calendar year turns, don't expect technology stocks to match 2023's blowout gains, but the year's performance is no fluke. AI stocks may dominate tech-focused investing, but don't sleep on the other emerging themes. GOOGL YTD mountain Alphabet shares in 2023 Both companies have rolled out new initiatives in the months since. Arm Holdings made headlines this year as one of the first major companies to go public , reviving the IPO market after a roughly two-year drought.

Persons: behemoths, Jay Woods, Mark Zuckerberg, didn't, chipmakers, David Waddell, Everybody's, Copilot, Paul Meeks, Gene Munster, Alphabet's, Meeks, Morgan Stanley, Andrew Slimmon, They're, Slimmon, CNBC's, Wall, Nvidia's, He's, Mahoney, Ken Mahoney, it's, Brent Fredberg, Munster's, Management's Albert Tsuei, Tsuei, William Blair's Jonathan Vo, Keith Weiss Organizations: Federal Reserve, Treasury, Freedom, Microsoft, Waddell & Associates, Oracle, Arista Networks, Morgan, Morgan Stanley Investment, Meta, Nvidia, Devices, Dell, Hewlett Packard Enterprises, Broadcom, Holdings, Micron Technology, Brandes Investment Partners, Micron, Samsung, Taiwan Semiconductor Manufacturing, MGM Resorts, Johnson, Okta, UBS, Management's, Palo Alto Networks, Palo Alto Locations: British, Clorox

☆ A tech-heavy portfolio can be still considered diversified. Here's how we think about it
▼ + stars: | 2023-12-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

– Thank you, Cathryn, San Francisco We certainly understand and agree it's becoming increasingly difficult to maintain a diversified portfolio that's not dominated by technology stocks. There are also what many investors would think of as tech companies in S & P 500 Communication Services , at an 8.6% weighting. After all, we would say Meta, Alphabet and Amazon are as much tech companies as Apple or Microsoft, with all three considered leaders in artificial intelligence. These are industrial technology companies, not the industrial companies of old. So, using some of the examples provided in the question: Yes, Microsoft and Apple are both considered Information Technology companies.

Persons: Jim Cramer, it's, didn't, We've, they're, Jim Cramer's, Jim Organizations: Technology, Nvidia, Apple, Broadcom, Microsoft, Palo Alto Networks, Communication, Honeywell, Eaton, Web Services, Google, Jim Cramer's Charitable, CNBC Locations: San Francisco

☆ A former teacher and stay-at-home mom has sold over $30,000 in digital printables as a side hustle since 2022. Here are her top 5 tips for getting started without any money.
▼ + stars: | 2023-12-16 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

In February 2022, she came across an article about another stay-at-home mom who had a side hustle selling digital printables that can be downloaded and used on the computer or on paper. It was a combination of modules and live social-media group lessons about how to start selling digital products. The templates required more work because there were multiple pages, and the supply was very saturated, with many sellers offering up similar printables. This will also keep the same customers returning to purchase products that match what they already have. The main thing to note is that the printables should be things that are used in classrooms or homeschooling.

Persons: Chelsea Shelton, Shelton Organizations: Gold City Ventures, Pay, Creative Fabrica, Teachers Locations: Etsy

☆ ECB hawk Schnabel scraps more rate hikes after 'remarkable' inflation drop
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +4 min

Euro zone inflation tumbled to 2.4% last month from above 10% a year earlier after a record string of rate hikes. Schnabel, who had insisted just a month ago that rate hikes must remain an option because the "last mile" of the inflation fight may be the toughest, said she had shifted stance after three unexpectedly benign inflation readings in a row. "The most recent inflation number has made a further rate increase rather unlikely." "The recent inflation print has given me more confidence that we will be able to come back to 2% no later than 2025." Schnabel said weak growth as a result of the ECB's rate hikes is helping the inflation fight but that a deep or prolonged recession is unlikely, with recent survey data supporting expectations for a recovery.

Persons: Isabel Schnabel, Jim Urquhart, Schnabel, John Maynard Keynes, Christine Lagarde, Francois Villeroy de, Yannis Stournaras, Joachim Nagel, Balazs Koranyi, Catherine Evans Organizations: European Central Bank, Teton, Jackson, REUTERS, Rights, ECB, Reuters, Bank of Greece, Thomson Locations: Jackson , Wyoming, U.S, French, Francois Villeroy de Galhau

☆ New supplier and Wall Street numbers show why Apple stock is back near a record
▼ + stars: | 2023-12-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

New data from a major Apple supplier and Wall Street analysts pushed back against bearish calls around softening demand for the tech giant's devices and services. Bank of America analysts, meanwhile, said Tuesday that Apple's App Store revenue continued to increase last month. App Store sales in China rose 8% year-over-year in November, according to BofA, after experiencing 10% year-over-year growth in October. Overall, BofA said App Store revenue surged 11.3% year-over-year in Apple's fiscal 2024 first quarter to date, or about 61 days in. A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023.

Persons: bearish, Foxconn, Apple's, Jim Cramer, Jim, That's, BofA, we've, Jim Cramer's, Aly Song Organizations: Wall Street, Apple . Bank of America, Apple, Wall, Bank of America, U.S, CNBC Locations: China, BofA, Beijing, Apple's, India, Shanghai

☆ Italian designers Krill are using fruit peel to make furniture
▼ + stars: | 2023-12-04 | by ( Arya Jyothi | ) edition.cnn.com time to read: +6 min

Using fruit peel, orange seeds and coffee ground waste collected from businesses in Italy, Krill products can be redistributed to the same businesses for use in their offices, instead of furniture made from common plastics. “After three or four years, you have to change your furniture [anyway],” says Marco Di Maio, director of operations at Krill. “But if all that furniture was made using our materials, we would be able to recover them, crush them and print other furniture with the same material. First, the food waste is dried and crushed into a very fine powder. It’s also looking to develop injection molding — injecting the molten compound of food waste and PHB into a mold instead of 3D-printing — which could cut costs and save time.

Persons: “, ”, Marco Di Maio, Di Maio, won’t, Rekrill, we’ve, ” Di Maio, San, Iles, Ellen MacArthur, bioplastics, ” Iles, It’s Organizations: CNN, Circle Economy Foundation, bioplastics, Ellen MacArthur Foundation Locations: Milan, Italy, San Pellegrino, Sicily, “

Agnes Chow, 27 - a core member of a now-disbanded group of younger activists including Joshua Wong who helped drive Hong Kong's pro-democracy movement - said in posts on her Instagram account late on Sunday that she had left Hong Kong for studies in Canada. Their group, Demosisto, dissolved hours after Beijing passed a sweeping national security law in 2020. Beijing says the law has brought stability to Hong Kong after mass pro-democracy protests in 2019. There was no immediate response from the Hong Kong police. Chow was due to report to Hong Kong's security police later this month but decided not to return out of consideration for her personal safety and wellbeing.

Persons: Agnes Chow, Tyrone Siu, Hong, Joshua Wong, Chow, Jimmy Lai, hadn't, Chow couldn't, David Holmes Organizations: REUTERS, Hong, Reuters, Hong Kong, Thomson Locations: Hong Kong, China, HONG KONG, Canada, Beijing, Toronto, Shenzhen, Hong

☆ ‘Agatha Christie: Lucy Worsley on the Mystery Queen’ Review: A Life of Writing Crime
▼ + stars: | 2023-12-02 | by ( John Anderson | ) www.wsj.com time to read: +1 min

Lucy Worsley Photo: PBSInspiring one of the largest police pursuits of her time, a certain celebrated detective novelist created a lingering real-life mystery by disappearing for 11 days in 1926. But she has seldom gone missing since—not from print, movies, the trans-Atlantic consciousness or public television, where another popular PBS import autopsies the writer in “ Agatha Christie : Lucy Worsley on the Mystery Queen.”Agatha Christie: Lucy Worsley on the Mystery Queen Begins Sunday, 8 p.m., PBSMs. Worsley’s investigations have largely concerned Tudors, Georgians, Victorians and U.K. Christmas traditions, but in this three-part and nearly three-hour deep dive, she explores not just the biography of the world’s best-selling novelist but what made her the writer and woman she was. The 1926 vanishing act isn’t even mentioned until episode 2. First we see the way the author’s eccentric family, its evaporating fortune, her traumatizing experiences as a World War I nursing volunteer and her work in the hospital dispensary (where she learned about poisons) influenced the 70-odd novels (as well as plays and short stories) that continue to disturb and fascinate readers across the globe. Ms. Worsley’s idea—a good one—is to track Christie’s life alongside her crime-ridden imagination and see where and whether the two intersect.

Persons: Lucy Worsley, —, Agatha Christie, ” Agatha Christie Organizations: PBS

☆ How some of 2023's biggest AI winners have fared a year after ChatGPT's launch
▼ + stars: | 2023-12-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Within two months of ChatGPT's launch, the groundbreaking chatbot amassed 100 million users, wowing investors, consumers and Wall Street with its ability to compose human-like text and hold a conversation. A year later, Wall Street hasn't stopped obsessing over it. Megacap technology stocks also prospered amid the newfound investor focus on AI. MSFT 1Y mountain Microsoft shares over the last year Rounding out the megacap list, both Meta Platforms and Amazon have rallied more than 177% and 51%, respectively. Salesforce shares surged more than 9% during Thursday's session on the back of a stronger-than-expected quarterly print .

Persons: –, hasn't, Alphabet, Mark Zuckerberg, Andy Jassy, Salesforce, Brent Thill, CNBC's, Snowflake's, ChatGPT, Brad Gerstner Organizations: Federal, Nvidia, Devices, Marvell Technology, Microsoft, OpenAI, Meta, Amazon, CNBC, Semiconductor, Oracle, Jefferies, Technologies Locations: Salesforce

☆ 7 scientific breakthroughs that resulted from Napoleon's invasion of Egypt
▼ + stars: | 2023-12-02 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +12 min

Then, after a series of defeats in Egypt, Napoleon returned to France in 1799 and left many of the scientists stranded. At the time of Napoleon's invasion, travelers had long known of Alexandria, Cairo, and other parts of Lower Egypt. Just 21 and a botanist by training when he arrived in Egypt, Savigny collected invertebrates like worms, bees, spiders, snails, and flies. The Rosetta Stone helped Champollion discover how to decipher hieroglyphsFor centuries, no one could read hieroglyphs, the pictorial writing that covered many Egyptian monuments. When the French found the Rosetta Stone during their invasion, they knew it could serve as a kind of translation key.

Persons: Napoleon, —, Napoleon Bonaparte, Egypt that's, Claude, Louis, Berthollet, natron, Werner Forman, savants, Sand, Dominique, Vivant, Denon, Karnak, he'd, Savigny, Jules, César Savigny, De Agostini, Getty Images Savigny, Etienne Geoffroy Saint, Hilaire, Geoffroy, Charles Darwin, Evon Hekkala, Crocodylus, John Vetch, Vetch, Rosetta Stone, Champollion, Rosetta, Jean, François, Nicolas, Jacques Conté Organizations: Service, Institut, West, Universal, Egypt wasn't, Art Media, Getty Images, Getty, Science, Society Picture Library, Europe, France's, British Museum, Fox, Cairo . Science Locations: Egypt, Cairo, France, Natron, Limestone, Wadi El Natrun, Upper, Lower Egypt, Alexandria, Edfu, Thebes, Esna, Paris, Egpyt, Europe

☆ Target date funds: What are they and should you invest in one?
▼ + stars: | 2023-12-02 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

New York CNN —If you are in a 401(k) plan at work, you very likely have the option to invest in a so-called target date fund, which also may be called a retirement date fund or a lifecycle fund. At the end of 2020, the vast majority of plans (86%) offered target date funds, and 59% of 401(k) participants had money invested in one. Typically a target date fund is a “fund of funds” – meaning its portfolio is made up of both stock funds and bond funds selected by the manager. It is especially critical in your 50s to revisit your fund’s glide path to (and possibly after) the fund’s retirement date. “If you’re an overanalyzer or overthinker, or you don’t want to worry about it, target date funds are for you,” Sharick said.

Persons: Madison Sharick, Madi, Bryan Minogue, Minogue, fund’s, Sharick, Stacy Miller, ” Miller, “ it’s, –, ” Sharick Organizations: New, New York CNN, Research Institute, Kardinal Locations: New York, U.S, Tampa , Florida

☆ Remember when Fran Fine’s fashion broke the ’90s TV show mold?
▼ + stars: | 2023-11-30 | by ( Marie Lodi | ) edition.cnn.com time to read: +6 min

Still, not many have had the cultural impact of “The Nanny” herself, Fran Fine. Over the years, fan accounts like What Fran Wore and the Fran Fine Fashion Database have documented all of the character’s roughly 700 outfits. Drescher in character as Fran Fine in a promotional photo for "The Nanny", pictured with the show's other principcal cast members. CBS/Getty ImagesCooper says that when she first envisaged Fran’s aesthetic, it didn’t reflect early ‘90s fashion trends. It’s no wonder that after all these years, fans of “The Nanny” and fashionable TikTokers continue to cosplay as Fran in swarms.

Persons: Cher Horowitz, Dionne Davenport, “, Carrie Bradshaw, ’, Rachel Green, ”, Fran Fine, Fran, Fran Drescher, Fran Wore, Drescher, Charles Shaughnessy, Maxwell Sheffield, Daniel Davis, Niles, Lauren Lane, Babcock, Madeline Zima, Grace Sheffield, Benjamin Salisbury, Tom, Maggie Sheffield, Brenda Cooper, Shawn Holly Cookson, Terry Gordon, Cooper, Todd Oldham, Dolce, Gabbana, Bob Mackie, Anna Sui, Brenda Cooper’s, Moschino, Leger, ” Cooper, Neiman Marcus, —, ” Moschino, Jennie Walker, ” Walker, Kate Spade, Gucci, Vivienne Westwood, Cooper didn’t, suede, “ Organizations: CNN, City, Flushing, Brighton Sheffield, CBS, Getty, Vogue, “ Locations: Versace, Italian, LA

☆ Gold holds ground ahead of U.S. inflation test
▼ + stars: | 2023-11-30 | by ( ) www.cnbc.com time to read: +2 min

A technician cleans impurities from melted gold bars at Primera Gold's laboratory in Bukavu, South Kivu Province, eastern Democratic Republic of Congo, May 12, 2023. Gold prices consolidated in a tight range on Thursday, hovering close to a near seven-month high, as investors awaited a key inflation print to gauge whether interest rate cuts in the U.S. would come sooner than expected. Spot gold was down 0.1% at $2,041.76 per ounce by 0543 GMT, after hitting its highest since May 5 on Wednesday, and was poised for its second straight monthly gain. U.S. gold futures for December delivery fell 0.2% to $2,042.40 per ounce. Spot silver fell 0.2% to $24.95 per ounce.

Persons: Bullion, Yeap Jun Rong, Jerome Powell Organizations: Primera Gold's, U.S, Federal, Traders Locations: Bukavu, South Kivu Province, Democratic Republic of Congo, U.S

☆ Analysts increasingly believe this retailer is the top holiday pick
▼ + stars: | 2023-11-30 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Analysts on Wall Street think Five Below is the retail stock investors should be buying as the holiday shopping season picks up steam. The report underpins a broader bullish trend for the retailer, analysts say, which is a more cost-sensitive consumer who is partial toward bargain hunting. Analyst Jason Haas noted the popularity of Five Below could improve further as shoppers gear up for the Christmas holiday. FIVE becomes most needs-based during the holiday season and the rollout of Five Beyond (products $6-25) better positions it in the gift-giving category." "All in, we think FIVE is well positioned to outperform in the current environment and will gain share behind several catalysts (e.g.

Persons: Jason Haas, Haas, Krisztina Katai, Katai, Morgan Stanley's Simeon Gutman, Gutman, — CNBC's Michael Bloom Organizations: LSEG, Bank of America, Deutsche Bank

☆ Gold holds ground ahead of US inflation test
▼ + stars: | 2023-11-30 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

An employee casts ingots of 99.99 percent pure gold at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. Spot gold was flat at $2,044.30 per ounce by 0728 GMT, trading in a range of about $6. It hit its highest since May 5 on Wednesday, and was poised for its second straight monthly gain. U.S. gold futures for December delivery fell 0.1% to $2,045.40 per ounce. Reporting by Harshit Verma in Bengaluru; Editing by Rashmi Aich, Mrigank Dhaniwala and Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Alexander Manzyuk, Yeap Jun Rong, Jerome Powell, Harshit Verma, Rashmi Aich, Mrigank Dhaniwala, Sonia Cheema Organizations: REUTERS, PCE, U.S, Fed, Traders, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru

Goldman Sachs raised its price target on General Motors after the stock's best day since early 2021. The bank reiterated a buy rating as well as a top pick label, accompanied by a $300 per share price target. Goldman Sachs also maintained its buy rating and increased its target price to $345 per share from $340. To be sure, it maintained its $16 per share price target, which implies more than 3% downside from Wednesday's $16.52 close. — Brian Evans 5:45 a.m ET: Goldman raises GM price target Goldman Sachs analyst Mark Delaney increased his price target on General Motors to $45 from $42 after a series of bullish moves by the auto giant.

Persons: Goldman Sachs, Morgan Stanley, 31.6x, Eric Heath, Wells, Andrew Nowinski, — Brian Evans, José Neves, Marvin Fong, Brian Evans, Salesforce, Brad Sills, Kash Rangan, Jefferies, Snapchat, Pinterest, James Heaney, Meta Marshall, Mark Delaney, Delaney, Fred Imbert Organizations: CNBC, General Motors, Hewlett Packard Enterprise, Wall, Bank of America, SNAP, Goldman, GM Locations: Okta, America

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