IRS announces 401(k) contribution limits for 2025
Pgiam | Istock | Getty Images The IRS has announced new 401(k) contribution limits for 2025. In its release Friday, the agency increased the employee deferral limit to $23,500, up…
Here’s where the jobs are for October 2024 – in one chart
Getty Images The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy. The biggest contribution…
Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet executives, donning Halloween…
Amazon Earnings: Outstanding Third-Quarter Profitability
We are raising our fair value estimate for wide-moat Amazon AMZN to $200 per share from $195 after the company reported solid third-quarter results. The firm’s fourth-quarter outlook was generally…
Reckitt ‘Relief Rally’ Leads Shares Higher as Firm Cleared Over Baby Formula Case
Shares in Reckitt RKT leapt by over 10% this morning after the hygiene, health and nutrition group was cleared of liability in a case against its baby formula. A court…
Apple Earnings: Our Valuation Rises to Reflect Stronger Long-Term Growth, but Less of an AI Impact
We raise our fair value estimate for wide-moat Apple AAPL to $200 from $185 as we raise our longer-term growth expectations. We’ve also revised down our short-term forecast for iPhone…
Pound Falls and Gilt Yields Spike as Chancellor Tries to Reassure Markets
Chancellor Rachel Reeves is seeking to calm the markets and provide reassurance of the nation’s stability after her Budget borrowing spree sparked jitters. The Budget increased state spending by almost…
China’s manufacturing output swings back into expansion in October, private survey finds
Workers assemble at a workshop of an equipment manufacturing enterprise in Yunmenshan Street, Qingzhou city, East China’s Shandong province, Aug. 9, 2023. Costfoto | Nurphoto | Getty Images China’s factory…
Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth
Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp | Getty Images Apple’s second-largest division…
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who…