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Maersk's Red Sea shipping pause highlights challenges for U.S.-led efforts to protect trade https://www.cnbc.com/2024/01/02/maersk-red-sea-pause-shows-operation-prosperity-guardian-limits.html Jan 02, 2024 - Maersk's decision to pause Red Sea and Gulf of Aden transits until further notice underscores the difficulty for the U.S.-led Operation Prosperity Guardian.
Tech Sector Slump Weighs On Wall Street After Apple Downgrade https://www.rttnews.com/story.aspx?Id=3414280 Jan 02, 2024 - Stocks moved mostly lower during trading on Tuesday, extending the pullback seen in the final trading session of 2023. The Nasdaq showed a particularly steep drop, reflecting notable weakness among tech stocks.
U.S. Stocks May Begin 2024 On Down Note Amid Profit Taking https://www.rttnews.com/story.aspx?Id=3414226 Jan 02, 2024 - Following the pullback seen to close out 2023, stocks may see further downside in early trading on Tuesday. Profit taking may contribute to initial weakness on the first trading day of the new year, as some traders look to cash in on last year's substantial gains. A steep drop by shares of Apple (AAPL) may also weigh on the markets.
U.S. Stocks See Further Downside As Fed Minutes Highlight Uncertainty https://www.rttnews.com/story.aspx?Id=3414515 Jan 03, 2024 - After kicking off the new year on a downbeat note, stocks saw further downside over the course of the trading session on Wednesday. The major averages all fell on the day, with the tech-heavy Nasdaq closing lower for the fourth consecutive session. The continued weakness on Wall Street partly reflected concerns investors have become too optimistic about the near-term interest rate cuts.
U.S. Stocks May See Further Downside As Interest Rate Uncertainty Resurfaces https://www.rttnews.com/story.aspx?Id=3414443 Jan 03, 2024 - After starting the new year on a downbeat note, stocks may see continued weakness in early trading on Wednesday. Concerns investors have become too optimistic about the likelihood of near-term interest rate cuts may weigh on the markets ahead of the release of the minutes of the Federal Reserve's latest monetary policy meeting later in the day.
Cliff Asness' AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks https://www.cnbc.com/2024/01/04/cliff-asness-aqr-absolute-return-fund-returns-18point5percent-in-2023-boosted-by-value-picks.html Jan 04, 2024 - Cliff Asness' longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees.
U.S. Stocks May See Further Downside Following Stronger Than Expected Jobs Data https://www.rttnews.com/story.aspx?Id=3414980 Jan 05, 2024 - Stocks may come under pressure in early trading on Friday, extending the downward trend seen over the past several sessions. Concerns about the outlook for interest rates may continue to weigh on the markets following the release of a closely watched Labor Department report showing much stronger than expected job growth in the month of December.
How in-house delivery is changing ahead of California's $20 minimum wage https://www.nrn.com/first-bite/how-house-delivery-changing-ahead-californias-20-minimum-wage Jan 08, 2024 - Two major California Pizza Hut franchisees — PacPizza and Southern California Pizza Company — are laying off more than 1,200 delivery workers ahead of the new statewide minimum wage hike for fast food workers, from $16 an hour to $20 an hou
U.S. Stocks Move Mostly Lower Amid Lingering Interest Rate Uncertainty https://www.rttnews.com/story.aspx?Id=3415688 Jan 09, 2024 - Stocks have moved mostly lower during trading on Tuesday, giving back ground following the strong move to the upside seen in the previous session. The weakness on Wall Street comes as some traders cash in on yesterday's gains amid lingering uncertainty about the outlook for interest rates. Traders have recently become increasingly skeptical about whether the Fed will cut rates in March.
U.S. Stocks May Lack Direction Ahead Of Inflation Data https://www.rttnews.com/story.aspx?Id=3415933 Jan 10, 2024 - Following the mixed performance seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. Traders may be reluctant to make significant moves as they look ahead to the release of key U.S. inflation data in the comings days.

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