Author: super@dmin
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Market Extra: Bonds say inflation has peaked, but here’s what Cathie Wood says the stock market needs to hear to stage a bona fide rally
Cathie Wood has some thoughts about what might truly light a fire under those hoping to place optimistic long bets on equities.
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The Fed: Fed’s Williams says ‘far too high’ inflation remains his No. 1 concern
New York Fed President John Williams said Thursday that inflation remains his No.1 concern.
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Dow Jones Newswires: Japan’s consumer prices hit 41-year high
Japan’s consumer prices excluding fresh food rose 4% from a year earlier in December, reaching a 41-year high, government data showed Friday.
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Personal Finance Daily: Mortgage rates fall to lowest level since September 2022 and here’s how the Girl Scouts will keep women rolling in dough throughout their lives — beyond selling cookies
Thursday’s top personal finance stories.
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: No more ‘special awards’ for JPMorgan CEO Jamie Dimon, board decides
JPMorgan’s board heeded an outcry from shareholders about Chairman and Chief Executive Jamie Dimon’s compensation.
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Help My Career: The share of workers in a labor union hit a record low in 2022, even as the actual number of unionized workers jumped — here’s how that happened
‘The momentum of the moment we are in is clear,’ AFL-CIO President Liz Shuler said.
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Market Extra: Oil demand could plunge by 30% over the next 5 years, Cathie Wood predicts. Here’s why.
Cathie Wood sees crude-oil prices on the ropes over the next five years if electric vehicles, led by Tesla Inc., take off.
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: Intel cuts hundreds more jobs in California, and indicates more to come
Intel Corp. is slashing hundreds of jobs in Silicon Valley this month, adding to layoffs late last year that were part of previously announced cost-cutting.
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The Ratings Game: Starbucks’ anti-union fight has gotten uglier. Most of its customers don’t seem to care, survey finds
A BTIG survey found that 4% of customers indicated that “they would never visit again if Starbucks and the unions failed to reach an agreement.”
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: Netflix says its plan to ‘broadly’ end password-sharing will juice revenue
“We expect to see improved overall revenue, which is our goal with all plan and pricing changes,” Netflix execs said in a letter to shareholders on Thursday.