2023 has easily surpassed 2022 for global tech redundancies.
: Biden urges UAW and Detroit automakers to reach ‘fair agreement’
President Biden urged the United Auto Workers and Detroit’s Big Three automakers to forge a deal, a month before the union’s worker contracts expire.
: FDIC Chair Gruenberg pledges aggressive oversight, new rules for regional banks
FDIC Chairman Gruenberg called for new rules and tougher oversight of large regional banks following the failure of several earlier this year.
Outside the Box: Carbon data needs fixing or climate-aware investments may fall short
Carbon data is vulnerable to manipulation and often inaccurate.
Market Extra: China-focused ETFs drop as country’s property woes highlight ‘recession risks in China are real’
China’s disappointing economic data and fresh worries over the country’s property sector are weighing on investors.
The Moneyist: My wife and I want to retire to the Philippines. We’ve $193,000 in savings and $280,000 in investments. Can we do it?
“Will I have enough to retire comfortably? I am expecting a withdrawal rate of 4%-5% for at least 25 years.”
The Ratings Game: Nvidia rallies more than 5% as Morgan Stanley cheers a buying opportunity
Nvidia shares rallied Monday after one analyst confirmed that the GPU maker is his “top pick” among companies expected to benefit from AI.
Michael Brush: Now’s the time to own dividend-paying stocks. These 5 offer up to a 9% yield.
Over the long run, 40% of stock-market gains come from dividends.
: Biden administration to colleges: Here’s how you can maintain diversity without affirmative action
The guidance comes after the Supreme Court struck down race-conscious college admissions policies.
Mark Hulbert: The stock market doesn’t care about your political beliefs. This is what matters instead.
There are ETFs that cater to investors of particular political affiliations. Are they worth it?
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