Tag Archives: problem

A 15-year problem that has plagued corporate America is finally turning around

A 15-year problem that has plagued corporate America is finally turning around

American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think the developments in labor productivity could help the stock market survive stickier-than-expected inflation that has emerged as a concern in recent weeks. “If… Source link

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Commercial real estate a ‘manageable’ problem but some banks will close: Powell

Commercial real estate a ‘manageable’ problem but some banks will close: Powell

Federal Reserve chair Jerome Powell is predicting that more small banks will likely close or merge due to commercial real estate weaknesses, but that the problem is ultimately “manageable.” The central bank official made this point during a 60 Minutes interview that aired Sunday night. It was Powell’s first comments about the industry following a new bout of turmoil cascading through the stocks of many regional banks. “I don’t think there’s much risk of a repeat of 2008,” Powell said,… Source link

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Is Purdy a problem? Change is coming in Buffalo

Is Purdy a problem? Change is coming in Buffalo

Is Purdy a problem? Change is coming in Buffalo | Sunday Night Blitz Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

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Apple could have a new problem: Uncle Sam

Apple could have a new problem: Uncle Sam

Apple (AAPL) has long avoided the government-induced antitrust headaches now plaguing Big Tech rivals like Amazon (AMZN), Google (GOOG, GOOGL), and Meta (META). Until now. The Justice Department is reportedly in the final stages of deciding whether to wage a sweeping legal attack on Apple that could compound headwinds already picking up steam for the world’s most valuable company in a rough start to the new year. According to the New York Times, US antitrust investigators are wrapping up a… Source link

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Earnings estimates keep falling, which might be no problem for stocks

Earnings estimates keep falling, which might be no problem for stocks

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 20, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Corporate earnings season will be in full swing by the end of next week. Big banks, airlines, and Netflix (NFLX) have all released… Source link

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Wild Bed Bath & Beyond stock moves expose a larger problem with investing

Wild Bed Bath & Beyond stock moves expose a larger problem with investing

For vocal Bed Bath & Beyond bear Anthony Chukumba, the recent gyrations in Bed Bath & Beyond’s stock — despite the retailer being on the brink of bankruptcy — underscore the need for people to boost their financial literacy. “It is a living, breathing example of the need for financial literacy education in the United States,” the Loop Capital analyst said on Yahoo Finance Live (video above). “I mean, Bed Bath & Beyond is going to go bankrupt.” Bed Bath & Beyond finished Friday’s session… Source link

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Why Salesforce layoffs may actually be a problem for the stock

Why Salesforce layoffs may actually be a problem for the stock

In the wake of Salesforce’s (CRM) mass layoff announcement last week, Wall Street may have overlooked one key element in its haste to predict better profit margins from the tech giant. According to Bernstein analyst Mark Moerdler, who published a critical client note on Salesforce Wednesday, mass firings may actually hinder sales growth and, as a result, profit margins. “Salesforce recently announced a ~10% employee reduction, in addition to comments on other cuts, which will only drive… Source link

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Google Chrome Is About to Be Problem on Your Parents’ PC

Photo: Evan Lorne (Shutterstock) Many of our parents’ computers are essentially held up with duct tape. How these ancient behemoths manage to power on each day is an eternal mystery. But if your parents are running an old version of Windows, specifically Windows 7, 8, or 8.1, be warned: Google Chrome is about to get rocky. Google will end support for Chrome on Windows 7, 8, and 8.1 on Jan. 10. While this news might seem like short notice, it really isn’t. Chrome 109 will be the final… Source link

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