Walmart Inc raised the salary of 560000 shop assistants in the United States by at least $1 an hour.
Walmart Inc, the largest US retailer, said on Thursday that it would raise the hourly wages of its more than 565000 US store staff by at least $1 as the retail industry faces a tight labour market as it enters the holiday shopping season. Walmart Inc U.S. CEO John Funer (John Furner) said in a memo to employees that this is the company's third investment in salary in the past year, and Walmart Inc's average hourly wage in the United States is now $16.40. Funer said that employees who work in the front end of Walmart Inc's store, the food and consumer goods department and the general commodity department will get higher jobs.
The biggest tax evasion scandal in history! The Renaissance Fund may repay nearly $7 billion in taxes
Jim Simons (Jim Simons), one of the world's most successful investors and founder of hedge fund Renaissance Technology, has just experienced a rare defeat. Under a settlement agreement between Renaissance Technology and the IRS, Simmons and several of his colleagues will pay back billions of dollars in taxes, interest, and fines to settle one of the biggest tax disputes in US history. Renaissance CEO Peter Brown (Peter Brown) disclosed the settlement agreement in a letter to investors on Thursday, although the letter did not reveal the specific settlement amount
At today's meeting, OPEC+ is expected to stick to the established plan to increase production.
OPEC+ will meet today for the first time since July, and delegates expect the organization to stick to its plan to increase production. Given that crude oil prices have largely recovered their losses in mid-August and the relatively tight supply outlook for the rest of the year, there is little reason for the group to change its plan to gradually increase supply every month. Delegates, who spoke on condition of anonymity, expected ministers to approve an increase of 400000 barrels a day in October when they held an online meeting on Wednesday. The Organization of Petroleum Exporting countries (OPEC) and its allies, including Russia, are reversing the sharp cuts in production last year at the height of the Covid-19 crisis. About 4
The Fed's weight reduction takes the whole body into action. When it ends is more important than when it starts
These days, all discussions in the financial markets focus on when the Federal Reserve will begin to cut the scale of debt purchases, but for all markets, such as stock and bond exchanges, what is more important is when debt purchases can end. Investors have made few major moves; they are all eagerly awaiting the Jackson Hole seminar, which will kick off on Thursday. On Friday, Federal Reserve Chairman Jerome Powell may provide clues about when and how the Fed will reduce debt purchases. This will help determine the timeline for the Fed's interest rate hike. Withdrawing from the stimulus measures can be described as a full-throttle move. Right now, large amounts of liquidity in the financial system have pushed the US stock market to record highs, and earnings on US treasury bonds
Delta increases health insurance premiums for unvaccinated employees to cover higher COVID-19 costs
Ed Bastian, CEO of Delta Air Lines (Delta Air Lines) of the United States of America, informed employees on Wednesday that starting November 1, health insurance premiums for employees who have not been vaccinated against COVID-19 will increase by $200 per month on the grounds that they pay high fees for employees hospitalized due to COVID-19 infection. Delta said employees who have not been vaccinated against COVID-19 will also face other restrictions, including indoor mask regulations that will take effect immediately and weekly COVID-19 testing starting September 12. Bastian said in an employee memo: “The average cost of hospitalization for Delta employees infected with COVID-19 is 5
ECB Chief Economist: Once the impact of the Fed's reduction in size becomes apparent, the central bank will have countermeasures
The ECB's chief economist Philip Lane said that the ECB is ready to deal with any market interference that may be caused by the Federal Reserve starting to reduce QE. “The ECB is not a passive bystander,” Lane said in an interview. “If spillover effects affect the financing situation in the Eurozone, we are willing and able to take appropriate action, as we have proven”. Lane emphasized that policymakers are determined to maintain a favorable financing environment in the Eurozone, which suggests that once the anti-epidemic emergency debt purchase program expires, it will take some time to decide how to buy bonds. “We don't need to be too early
NIO Auto fell nearly 5% before the market, and Jeffrey lowered its target price to $38.8
NIO Auto fell 4.93% ahead of the market to $36.23. Jefferies lowered the target price for NIO cars from $60 to $38.8.
The collapse of “female Buffett” heavy holdings across the board gave birth to the new term “wood-style sell-off”
As the “female Buffett” Cathy Wood's heavy holdings fell across the board in early trading on Tuesday, a new term — “Cathie Wood sell-off” (Cathie Wood sell-off) — appeared on the market. At the opening of trading on Tuesday, the heavy-held stock of Wood's Ark Investments was the stock with the biggest decline in the market. Shares of Palantir, Tesla, Roku, Square, Paypal, Teladoc, Baidu, Zillow, Shopify, and Spotify all fell sharply. These are all of Wood's flagship fund Ark Innovation ETF (AARK) and sides
Female Buffett is not afraid of a sharp drop to join Tesla: the bull market is built on a wall of worry
US technology stocks fell sharply in early trading on Tuesday. The heavy-duty stock of “female Buffett” Cathy Wood's Ark Investment Management Company led the decline in the market, but for investors who really believe in technology stocks, this is a rare opportunity to buy at a discount. Wood is one of them. Wood told the media after the market on Tuesday that after Tesla plummeted 13% in early trading and erased all of this year's gains, her fund bought this stock in large quantities. Although she said she bought “a lot”, she didn't provide specific figures. Growth strategies like Wood's were tested on Tuesday. The Nasdaq 100 index fell more than 3% on Tuesday due to US Treasury bond collection
Copper prices rise above $9,000, historic shortage warning sparks record rally
The price of copper rose above 9,000 US dollars per ton for the first time in more than nine years. Bets on a rebound from the epidemic have triggered a warning that there may be a historic shortage. This economic trend vane is expected to record the longest continuous increase in history. Copper prices rose more than 2% on Monday, and February is expected to achieve an unprecedented 11-month increase. Driven by expectations that post-pandemic consumption will exceed short-term supply, basic metals have risen sharply, while raw materials such as copper and nickel have been boosted by their importance to the clean energy transition. Given the sharp upward pace, market observers have begun discussions on whether a new commodity supercycle is imminent. LME
South Korea's exports increased 16.7% year on year in the first 20 days of February, and exports to China increased 32.7%
According to data released by the Korea Customs Service (Customs) on Monday, exports increased 16.7% year on year to US$30.4 billion in the first 20 days of February. Taking into account the fact that the number of construction days was 1.5 days less than the same period last year, the average daily export value increased by 29.2% over the same period last year. Excluding the number of days of construction, semiconductor exports increased by 27.5%, automobile exports increased by 45.9%, while exports of petrochemical products fell 5.7%, and computer peripherals declined by 4.8%. By export destination, exports to China increased by 32.7% year on year, exports to the US increased by 14%, exports to Europe increased by 53.6%, and Vietnam increased by 10.9% on a daily basis
British companies' recruitment intentions hit a one-year high 56% of companies plan to hire more
According to a report released by the British Chartered Personnel Development Association (CIPD) on Monday, the current recruitment intentions of British companies are the strongest in a year. The number of companies planning to lay off employees has decreased due to improved economic prospects in the past three months. According to the association's survey, 56% of companies plan to increase the number of employees in the next few months, up from 53% at the end of 2020, but still lower than 66% before the outbreak of the epidemic a year ago. The share of companies planning to lay off employees fell sharply to 20% from 30% in the previous quarter. The healthcare, finance, education, and IT industries have the strongest hiring intentions, while the hospitality industry has the weakest hiring intentions
Bill Gates: The social media ban may cause more divisions in the US
Sina Tech News reported on the morning of February 22. According to reports, Microsoft (Microsoft) co-founder Bill Gates (Bill Gates) said that social media bans, such as Twitter Inc. (Twitter Inc.) banning former US President Donald Trump (Donald Trump) from entering the US for life, may cause more divisions in the US. In an interview with Fox News Sunday (Fox News Sunday), Gates said that Trump said many things questioning the legality of the 2020 election, but he thought, “Use a lifelong seal
South Korea's Kia and Hyundai Motors: No discussions on electric vehicle cooperation with Apple
According to the announcement, South Korea's Kia and Hyundai Motor said they are not discussing the development of autonomous electric vehicles with Apple. After the news was announced, Hyundai's decline widened to 7%; Kia fell sharply by 12.5%. According to foreign media reports previously quoting people familiar with the matter, Apple had discussed the production of electric vehicles with Hyundai and Kia Motors, but related discussions have recently been suspended. A person familiar with the matter, who asked not to be named when discussing private matters, said that Apple is also discussing similar plans with other car manufacturers. This clandestine project has accelerated in recent months. Just as Apple is reinventing the consumer electronics market, Apple's electric cars
BABA's US stock rose nearly 5% before trading. Credit Suisse maintains its "better than the market" rating.
On Wednesday, u.s. stocks rose 4.6% to $266.2 before trading. Credit Suisse said BABA's performance was in line with expectations and set its US stock price target of $334. Credit Suisse said in a research report that BABA's third-quarter income rose 37% year-on-year, and non-general accounting standards EBITDA rose 21% year-on-year, all in line with expectations. The bank believes that BABA is valuable to long-term investors, but believes that in the short term, the group's reinvestment business profits are under pressure and the financial impact of antitrust policies will take time to reflect, which will drag down the stock price performance, and the bank still maintains its "better than the market" rating. Us stocks have a target price of $334.
Pinduoduo rose more than 3% before the market, and Citi raised its target price to $210
Before the US stock market on Tuesday, Pinduoduo rose 3.08% to $179.32. Citi raised Pinduoduo's target price from $158 to $210 and raised its rating from neutral to buy, saying its strong GMV growth would outweigh the increase in operating costs.
疫苗消息令投资者为之一振!2021年投资美股,哪类板块是上选?
原标题:疫苗消息令投资者为之一振!2021年投资美股,哪类板块是上选? 11月10日(周二),市场分析师Elliot Smith撰文指出,辉瑞释放疫苗方面的好消息,这令投资者对2021年的金融市场更为乐观。巴克莱认为,因为拜登胜选,且疫苗出现好消息,大大降低了市场面临的两大尾部风险,这对通货再膨胀交易是个好兆头。瑞银建议投资者未来 关注周期性板块,避开大科技和受益于居家隔离的板块。辉瑞释放疫苗利好
参议院周六召开会议讨论巴雷特的提名 周一将确认结果
程序性投票将于周日进行,最终确认将于周一进行。 美东时间周六下午,参议院将罕见地举行会议,就巴雷特(Amy Coney Barrett)法官进入最高法院一事进行辩论。几天后,选民将决定共和党人是否将继续控制参议院和白宫。 民主党人强烈反对在如此临近选举的时候确认巴雷特的任命,抵制了司法委员会周四的投票。纽约州民主党参议员查克·舒默(Chuck Schumer)星期五在参议院的会议上采取了四种拖延战
Early trading: US stocks continue to rise, the Dow rose more than 300 points
On the evening of the 8th Beijing time, US stocks continued to rise in early Wednesday trading, with the Dow rising more than 300 points. Investors are watching the development of the coronavirus pandemic. Fauci, director of the US National Institute of Allergy and Infectious Diseases, said the US epidemic will improve after this week. US Treasury Secretary Mnuchin said Trump is studying a schedule for restarting the economy. EU countries have failed to agree on measures to respond to the epidemic. The Dow rose 315.79 points, or 1.39%, to 22969.65 points; the NASDAQ rose 103.44 points, or 1.31%, to 7990.70 points; the S&P 500 rose 36.25 points, or 1.36%, to 269
Us Treasury Secretary: Apple Inc should cooperate with law enforcement agencies to help unlock the gunman's iPhone
Sina Science and Technology News Beijing time on the evening of January 15, according to foreign media reports, US Treasury Secretary Steven Steven Mnuchin said Wednesday that Apple Inc and other technology companies should cooperate with US investigators. Law enforcement officials are still investigating last month's deadly shooting at a U.S. Naval base in Florida. On December 6 last year, second Lieutenant Mohammed Saeed Alshamrani of the Saudi Air Force was trained at the Naval Air Base in Pensacola, Florida.
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