Hasbro is laying off about 1,100 employees as the toy maker struggles with soft sales that have carried into the holiday shopping season, according to a company memo obtained by CNBC.Hasbro had about 6,300 employees as of earlier this year, according to a company fact sheet.Shares of the company fell...
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Top Wall Street analysts are confident about these 3 promising stocks
Salesforce signage outside its office building in New York.Scott Mlyn | CNBCRetail investors are grappling with the gyrations of the stock market as economic data rolls in and the Federal Reserve's rate decision looms.To avoid making knee-jerk decisions based on short-term market activity, investors may want to consider input from...
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
Michael Milken attends Prostate Cancer Foundation's Dinner At Daniel on November 19, 2019 at Daniel in New York City.Paul Bruinooge | Patrick McMullan | Getty ImagesFamed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.In fact, the Milken Institute founder...
Spanish economist picked to lead the EU’s massive lending unit lays out her priorities
The incoming head of one of the world's largest development banks says it must become faster and more efficient in order to finance priorities such as the climate transition and Ukraine rebuild.Nadia Calviño, Spain's finance minister and deputy prime minister, was appointed head of the European Investment Bank Friday — in...
People are spending hundreds a month on dating apps as free versions turn ‘borderline unusable’
D3sign | Moment | Getty ImagesChanning Muller moved to Chicago in May from Chattanooga, Tennessee. Her main goal in the new city was to find a partner.Already a Bumble user, before long, she was subscribed to three more dating apps: The League, Hinge and Match. Muller wanted to get the...