The S&P 500 tops a record high that ‘clears the charts’ of resistance

The S & P 500 surged to a new all-time high on Friday, confirming the stock market is in a bull market and suggesting the rally has further to go in 2024, ahead of a big week of earnings and inflation data. The S & P 500 rallied more than 1% on Friday, above both … Read more

Earnings from Procter & Gamble, Tesla, Lockheed Martin

CNBC’s Jim Cramer on Friday told investors to gear up for a “fast and furious” slew of earnings reports next week that could lead to some profit-taking, including Procter & Gamble, Tesla and Lockheed Martin. This week brought solid gains for the major indexes — with the S&P 500 closing on Friday at an all-time … Read more

Tesla hiring Nordic policy expert as ‘WWE-like standoff’ with unions intensifies

C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City.  Michael M. Santiago | Getty Images Tesla is hiring a Nordic public policy expert as the U.S. electric vehicle giant’s bitter dispute with … Read more

Ex-Amazon exec explains the performance review system

Violetastoimenova | E+ | Getty Images “Stack ranking,” a controversial system of rating employees and laying off the poorest performers, has its benefits.  That’s according to a former Amazon attorney who worked for the company for almost nine years — and who says the technique has been “helpful” to his own career. Alykhan Sunderji, now … Read more