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Watch for earnings from oil and gas outfits

CNBC’s Jim Cramer on Friday provided insight into next week’s Wall Street happenings. He said he’ll be paying close attention to several quarterly earnings reports, especially from oil and gas companies. He also lauded this week’s market action, saying that next week may not be as strong, but it could …

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Here’s where the jobs are for October 2023 — in one chart

The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively meager 150,000 jobs overall. A bright spot came in health care and social assistance, which added more than 77,000 jobs. Within that, ambulatory health …

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Tesla, Toyota in UAW’s sights for organizing after Big 3 wins

United Auto Workers President Shawn Fain gestures in solidarity with striking workers during a rally at UAW Local 551 on Saturday, Oct. 7, 2023, in Chicago.  John J. Kim | Tribune News Service | Getty Images DETROIT – United Auto Workers President Shawn Fain wants to expand the union’s battle …

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No. 1 myth about high-yield savings accounts

High-yield savings accounts can help your money grow faster than traditional savings accounts, but many people mistakenly think that the returns these types of accounts can deliver are too good to be true. “They have a misconception that it’s not legit,” Colby Dickson, a wealth management advisor at Northwestern Mutual, …

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Customers grapple with deposit delays at big banks

A man walks by the Bank of America headquarters in New York on July 18, 2023. Eduardo Munoz | View Press | Getty Images Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue. There was a surge of “outages” reported by …

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Cooling job market no reason for panic yet, economists say

Jobseekers wait in line at a Nov. 2, 2023 career fair in Los Angeles. Frederic J. Brown | Afp | Getty Images The unemployment rate rose to 3.9% in October, from 3.8% in September, the BLS said. Average hours worked declined slightly to 34.3 a week, the “very bottom end …

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Starz to lay off more than 10% of employees

Starz CEO Jeffrey Hirsch Source: Starz Starz, the premium network and streaming service that will soon be its own publicly traded company, is laying off more than 10% of employees and is exiting Australia and the U.K. Starz Chief Executive Officer Jeffrey Hirsch announced the news in an email to …

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Walmart WMT stock hits all time high

Customers shop at a Walmart store on May 18, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Shares of Walmart touched an all-time high Friday, as investors bet that the discounter will outmatch retail rivals and draw shoppers throughout the holiday season because of its reputation for value. The …

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Paramount Global PARA stock jumps for second straight day

Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023. Patrick T. Fallon | AFP | Getty Images Paramount stock jumped about 10% Friday morning, a day after posting a double-digit …

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Matthew Perry made millions in Friends residuals. What happens now

Matt Le Blanc as Joey Tribbiani, Matthew Perry as Chandler Bing, Jennifer Aniston as Rachel Green and Courteney Cox as Monica Geller on NBC’s “Friends.” NBC | Getty Images Matthew Perry, the beloved actor best known for his role as sarcastic, wise-cracking Chandler Bing on the sitcom “Friends,” died Saturday …

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