Jars of Nescafe Instant coffee, part of food giant Nestle’s portfolio, sit on a supermarket shelf in Encinitas, California, U.S., September 2, 2025. Mike Blake | Reuters Nestle said Thursday it will cut 16,000 jobs as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant. In a bid…
Investors can still find attractive yields in the bond market today — and they don’t have to take a lot of risk to get them, according to Fidelity’s Celso Muñoz. Muñoz is the co-lead manager for the Fidelity Total Bond ETF (FBND), whose team Morningstar calls ” best-in-class .” The ETF, rated four stars and…
Halfpoint Images | Moment | Getty Images There’s a bipartisan effort in Congress to help family caregivers save more for retirement. A bill introduced in both the House and Senate last week would ease Roth IRA contribution rules for caregivers. Another measure, also proposed in both chambers, would allow caregivers of any age to make…
U.S. President Donald Trump holds an executive order signing in the Oval Office of the White House on April 30, 2026 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Thursday said he does not worry about another attempt on his life on the heels of what prosecutors say was a third…
The stakes for next week’s jobs report just got higher after Friday’s hot inflation print, amid rising fears that artificial intelligence will inflict greater damage to the labor market than investors thought. Stocks sold off Friday , with the Dow Jones Industrial Average last tumbling more than 600 points after the latest wholesale inflation print…
Check out the companies making headlines before the bell: Alibaba — U.S.-listed shares of the Chinese tech company jumped 9.3% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled new AI products and updates. Lithium Americas — The mining stock rose more than 69% after Reuters reported, citing…
