Nike (NKE) will share its quarterly earnings on later this week, along with Carnival (CCL), FedEx (FDX), and Micron Technology (MU). Nike is expected to share part of its consumer holiday spending in that report, giving investors an indication of how holiday spending is shaping up. Additionally, the Personal Consumer Expenditures (PCE) inflation index will be reported on Friday, giving yet another indication of where inflation is potentially headed and how consumer spending is shaping up going into next year. Yahoo Finance Reporter Josh Schafer joins the Live show to break down the earnings and economic data expected out this week. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Nike (NKE) will share its quarterly earnings on later this week, along with Carnival (CCL), FedEx (FDX), and Micron Technology (MU). Nike is expected to share part of its consumer holiday spending in that report, giving investors an indication of how holiday spending is shaping up. Additionally, the Personal Consumer Expenditures (PCE) inflation index will be reported on Friday, giving yet another indication of where inflation is potentially headed and how consumer spending is shaping up going into next year.
Yahoo Finance Reporter Josh Schafer joins the Live show to break down the earnings and economic data expected out this week.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Reuters
The average full-time wage offering moved to $79,160 in November from July’s $69,475, the bank said in its Survey of Consumer Expectations Labor Market Survey. The November wage was the highest ever in a survey that dates back to 2014 and likely reflects ongoing labor market tightness, with firms being forced to pony up higher levels of cash to secure workers. The jump in the offering wage came as workers trimmed their so-called reservation wage, which is the minimum pay level someone will take for a new job.
SmartAsset
Lead generation is one of the biggest challenges financial advisors face when trying to grow their business. But one advisor found the sweet spot – bringing in roughly 50 families and $50 million in AUM in just a few years. SmartAsset CEO Michael Carvin sat down with Michael Collins, CFA® to get a better understanding […] The post How This Financial Advisor Added $50 Million in AUM With SmartAdvisor appeared first on SmartReads by SmartAsset.
Barrons.com
European stocks mostly drop, though oil shares rise as crude prices gain amid concerns about potential supply disruption from attacks on ships in the Red Sea. The Stoxx Europe 600 drops 0.3% and the CAC 40 and DAX retreat 0.
Reuters
Most Swedes support an ongoing mechanics strike at Tesla's workshops in the Nordic country over the right to collective bargaining, an opinion poll by Novus showed. The U.S. car maker is facing a backlash from unions and pension funds across the Nordic region over its refusal to accept the demand from trade union IF Metall, whose members at Tesla workshops have been on strike since October.
Bloomberg
(Bloomberg) -- Nippon Steel Corp. will buy United States Steel Corp. for $14.1 billion to create the world’s second-largest steel company — and the biggest outside of China — with a key role in supplying American manufacturers and automakers.Most Read from BloombergUS Frackers Return to Haunt OPEC’s Pricing StrategyApple to Halt US Sales of Latest Watches After Patent LossBP to Pause All Tanker Transits Through the Red SeaGulf Splits Hinder US Efforts to End Houthi Ship AttacksAdobe and Figma Te
Motley Fool
Among Nvidia, Amazon, DexCom, Shopify, Alphabet, Tesla, Palo Alto Networks, Monster Beverage, and Novo Nordisk, there are three high-flying stocks a trio of Wall Street analysts believe can soar in the new year.
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