MARKET

Cannabis company Columbia Care to cut costs and sell its Florida business

Cannabist, the parent of Columbia Care, to shed workers as part of a plan to save $10 million. Source link

MARKET

I have two pensions and Social Security. Should I do a Roth conversion on my IRA?

The reader is weighing whether to take RMDs or sidestep them with a Roth conversion Source link

MARKET

Concentra to go public as largest occupational-health provider in the U.S.

Concentra’s parent, Select Medical Holdings Corp., will retain 80% stake in the profitable company. Source link

MARKET

Goldman ups S&P 500 target for a third time — and says 6,300 is possible

The bank now sees the record-busting index SPX ending 2024 at 5,600, from a prior 5,200 thanks to “milder-than-average negative

MARKET

There’s an unbalanced economy of have and have-nots. Here’s how investors should approach that, says Morgan Stanley.

There’s an unbalanced economy of have and have-nots. Here’s how investors should approach that, says Morgan Stanley. Source link

MARKET

China’s PBOC holds steady on key policy rates

China’s central bank kept its key policy rates unchanged on Monday, indicating a likely hold on the benchmark lending rate

MARKET

Activist investor Starboard reportedly seeking changes at Autodesk

Activist investor Starboard Value has taken a roughly $500 million stake in Autodesk Inc., the Wall Street Journal reported late

MARKET

Kaskhari says it’s ‘reasonable’ to predict Fed won’t cut rates until December

It’s a “reasonable prediction” that the Federal Reserve will wait until December to cut interest rates, Minneapolis Fed President Neel

MARKET

Inflation is widening the divide between how the wealthy and everyone else sees the economy

A steadily growing economy and low unemployment have helped to ease some of the pain of high inflation, but middle-

MARKET

Advent International to take up to $3 billion minority stake in Fisher Investments

Private-equity investor Advent International will take a minority stake in money manager Fisher Investments, the companies announced Sunday. Source link