Corporate CFOs Go Through Their Own ‘Big Resignations’

Corporate CFOs Go Through Their Own 'Big Resignations'

CFO tenure is on the decline around the world, a reflection of the workforce at all levels of the company but also the increasing demands being placed on the C-suite. Among North American CEOs in financial services, 59% said the average tenure of a CFO at the same company was less than five years. This …

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Bank of America says AI is ‘the new powerhouse’, reveals its top picks to play a role

Bank of America says AI is 'the new powerhouse', reveals its top picks to play a role

Just like the internet and smartphones, artificial intelligence can change the world we live in. And, Bank of America has some pointers for investors looking to play this trend that continues to revolutionize the technology industry. “If data is the new fuel, then AI is the new electricity,” Haim Israel strategist said in a Tuesday …

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Here’s how after-tax 401(k) contributions can help with those big 2023 retirement savings goals

How to earn $65,000 in just interest every year in retirement

Morsa Pictures | E + | Getty Images If you’re on track to max out your 401(k) plan for 2023 and want to save more, your plan may have another option: after-tax contributions. For 2023, you can defer up to $22,500 in a 401(k), and savers age 50 and older can add another $7,500. Some …

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FTX’s Singh pleads guilty as pressure mounts on Bankman-Fried

FTX's Singh pleads guilty as pressure mounts on Bankman-Fried

NEW YORK, Feb 28 (Reuters) – Nishad Singh, the former director of engineering at now-declared cryptocurrency exchange FTX, pleaded guilty to US criminal charges on Tuesday and agreed to cooperate with prosecutors’ investigation into FTX’s establishment Sam Bankman-Fried. “I regret my role in all of this,” Singh said, adding that he knew in mid-2022 that …

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US Consumer Confidence Falls Again in February

US Consumer Confidence Falls Again in February

Hypotheses Measured Against Positive Current Attitudes NEW YORK, February 28, 2023 /PRNewswire/ — Conference Committee Consumer Confidence Index┬« fell in February for the second month in a row. The index now stands at 102.9 (1985=100), down from 106.0 in January (revision below). The Current Status Index-based on the consumer assessment of business conditions and current …

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LastPass data was stolen by hacking an employee’s home computer

LastPass data was stolen by hacking an employee's home computer

LastPass said a threat actor was able to steal company and customer data by hacking into an employee’s computer and installing malware and a keylogger, which gave them access to the company’s cloud storage. The update provides more information about the series of hacks that occurred last year that led to the theft of the …

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Electric car owners reveal a surprising number of favs – not Tesla, Ford, GM or VW

Electric car owners reveal a surprising number of favs - not Tesla, Ford, GM or VW

Perhaps the biggest news is that Tesla did it not won top honors for the experience of owning an electric vehicle in the JD Power 2023 America’s Electric Vehicle Ownership Experience Study released Tuesday. Instead, new models from the upscale Rivian and BMW-owned Mini Cooper stole the show. Meanwhile, General Motors and Volkswagen failed to …

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Stock market news today: Stock futures grow as a volatile month comes to a close

People shop at a Target store during Black Friday sales in Chicago, Illinois, U.S., November 25, 2022. REUTERS/Jim Vondruska

U.S. stocks edged higher ahead of the open on Tuesday, ending the last day of February on Wall Street. Futures linked to the S&P 500 (^GSPC) and futures on the Dow Jones Industrial Average (^DJI) rose 0.2%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) added 0.3%. The yield on the 10-year US Treasury note reached …

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The current state of high-growth stocks: The author says to buy dips in these top names

The current state of high-growth stocks: The author says to buy dips in these top names

Adios to February, which disappointed many investors who enjoyed the start of the year. But the fear of a major collapse from those who have invaded the dark side of Wall Street may be unfounded, we say. call the dayFrom the chief market strategist at the Finom Group, Seth Golden, who said that the fear …

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