A very strong September jobs number ‘will definitely spook the equity market’: Komal Sri-Kumar
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Published: Sept. 29, 2024 at 12:01 p.m. ET
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Monthly Archives: September 2024
The Market Is Killing It. Here’s What Could Kill the Rally.
Updated Sept 30, 2024, 2:12 am EDT / Original Sept 27, 2024, 1:01 pm EDT
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Now That Rates Are Falling, Let’s Turn to Other Matters
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on financial markets.
Listen to this article · 7:27 min Learn more
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A Scammer Tried to Seize Graceland. Is This $137.5 Million L.A. Mansion Next?
The owners allege a fraudulent deed was executed at Spelling Manor, putting the property in legal limbo
Sept. 27, 2024 7:00 pm ET
Eric Schmidt, the former Google chief executive, has his eye on one of the most storied private estates in Los Angeles: 120-room Spelling Manor, which is on the market for $137.5 million.
There’s just one problem: The owner can’t legally sell it.
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Feel like your career is not where it should be? Here’s how to fix itSetting yourself rigid milestones can be counterproductive to success
Helena MorrisseyRelated TopicsCareers, Jobs and employment, Further education, Workplace
11 September 2024 12:00pm
In my first week as a graduate trainee at a large City firm, the head of HR addressed the new intake of 21 and 22-year-olds: “You should aim to be a director by the age of 32,” he stated.
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The “fear” from wealthy investors. London’s super-prime real estate market is facing a drop off in transactions — though opportunities could arise for wealth U.S. buyers, according to Knight Frank. Street scene in Old Bond Street, Mayfair, London, United Kingdom. They’re just a few of the destinations trying to lure away the U.K.’s uber wealthy ahead of proposed changes to the country’s divisive non-dom tax regime.
Published Fri, Sep 20 20241:06 AM EDTUpdated Fri, Sep 20 20246:47 AM EDT
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Australia supermarkets sued over fake discount claims5 hours ago
Tiffanie Turnbull
BBC News, Sydney
Getty Images A supermarket aisle with a prices dropped sign.
Australia’s consumer watchdog is suing the country’s two biggest supermarket chains, alleging they falsely claimed to have permanently dropped the prices of hundreds of items.
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Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 bln
By Scott Murdoch and Himanshi Akhand
September 23, 202412:19 AM PDT
Rightmove logo is seen displayed in this illustration taken April 10 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights,
Latest offer values Rightmove at 770 pence per share
Rightmove had rejected two earlier offers from REA
REA says remains ready to engage with Rightmove board
REA shares end down 2.5%, Rightmove rises 4%
Sept 23 (Reuters) – Australian property listing firm REA Group (REA.AX), opens new tab made a third pitch to buy British rival Rightmove (RMV.L), opens new tab…
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Microsoft announces plan to reopen Three Mile Island nuclear power plant to support AIMax HauptmanUSA TODAYA dormant nuclear power plant in Pennsylvania may soon be reactivated to help power some of the increasing energy needs of Microsoft.
On Friday, Constellation Energy and Microsoft announced the signing of a 20-year power purchasing agreement, in which one of the reactors at the Three Mile Island nuclear power plant would be brought back online to exclusively serve the energy needs of the tech giant’s massive data centers that help support artificial intelligence.
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Baby boomers have a ton of their wealth tied up in stocks and housing. Here’s why that’s a risk to the economy.
Jennifer Sor Sep 21, 2024, 5:16 AM PDT
Senior couple enjoying a relaxing float in a pool with a downward trending stock line depicted at the bottom of the pool
Getty Images; Alyssa Powell/BI
Baby boomers’ wealth is an “underappreciated” risk to the economy, a portfolio manager told BI.
That’s because they could be heavily impacted by swings in stock and home prices.
A mild correction in either market could lead boomers to pull back on spending.
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