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 …
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 …
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 …
Investors looking for something to blame for the recent stock market swoon need only look at the financial market. The major U.S. stock indexes had their worst weekly performance of the past year last week, with the S&P 500 losing 2.7%. The Dow Jones Industrial Average and Nasdaq Composite lost 3% and 3.3%, respectively. Those …
My top 10 things to watch Monday, Feb. 27 1. Dow, S&P 500 and Nasdaq look to bounce back Monday after worst week of 2023. Despite 2-year gains hitting July 2007 highs, stocks held on to pre-opening gains . The strong rally that started the year is winding down, with the Dow now negative year …
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a side event on the third day of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, January 19, 2023. Stefan Wermuth Bloomberg | Getty Images When David Solomon was elected he succeeded Lloyd Blankfein in the position Goldman Sachs At the beginning …
Honor has launched the Magic Vs Swimmer smartphones worldwide in an attempt to take on Samsung at the top end of the smartphone market. Respect BARCELONA, Spain – Chinese smartphone maker Honor launched its foldable phone globally on Sunday, as it looks to compete with its competitors. Apple and Samsung in the high-end market. Honor …
College can be difficult and expensive for all students, but for many young people of color, these challenges can seem insurmountable. The Marcy Lab School in Brooklyn, New York, however, has created a different approach – a one-year program to help students find lucrative technical jobs that usually go to college graduates with four-year degrees. …
Here are the key news investors need to start the trading day: Traders work on the floor of the New York Stock Exchange during morning trading on February 22, 2023 in New York City. Michael M. Santiago Getty Images 1. Return Stock futures rose on Monday as the major averages tried to bounce back after …