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GO in the Know: Healthcare Debt, Gas Prices & Top Financial News for June 20

kupicoo / iStock.com It doesn’t seem like it, but today is the last official day of the spring season. So if you still need to get your spring cleaning done, well, the clock is ticking. Don’t forget to catch up on today’s top financial stories first, though. The Big Lead: Americans Struggling With Healthcare Debt …

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Stocks inch lower as rally attempt on Wall Street falters

Stocks fell slightly Wednesday in choppy trading as markets struggled to sustain a rebound from earlier in the day. Traders also weighed comments from Federal Reserve Chair Jerome Powell, who reiterated the central bank’s stance to fight inflation. The Dow Jones Industrial Average dropped 47.12 points, or 0.15%, to 30,483.13, slipping in the final hour …

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FCA pay debate reignites as 68 senior staff make more than the prime minister

Sixty-eight staff at the Financial Conduct Authority are paid more than the prime minister, new figures reveal. The numbers, disclosed under a Freedom of Information Act request, throw current plans to overhaul pay at the watchdog back into the spotlight. Top brass are paid more than £161,401 — drawing a battle line between those who …

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GO in the Know: IRS Update, Social Security Statistics & Top Financial News for June 23

Obradovic / iStock.com It’s National Hydration Day, so don’t forget to drink up your daily dose of today’s top financial stories. The Big Lead: IRS Employees ‘Working Tirelessly’ To Process Returns Despite “working tirelessly” to alleviate its massive backlog of income tax returnsthe Internal Revenue Service’s managing of its overall backlog plight may be worse …

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Celtic deliver fans with positive financial news as revenue 'higher than expectations'

The Scottish champions have benefited from a strong showing on field and the return of fans to Celtic Park following Covid-19 restrictions. In turn the club, in a statement to the stock exchange, revealed revenue for the year 2021/22 will be “significantly higher than market expectations”. Sign up to our Football newsletter Celtic also outlined …

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Stock market news live updates: Stock futures edge higher ahead of jobs data, more Powell testimony

US stocks closed higher in a choppy session Thursday following Federal Reserve Chair Jerome Powell’s second day of testimony on Capitol Hill. The S&P 500 advanced 1%, and the Dow Jones Industrial Average added 195 points, or roughly 0.6%. The tech-heavy Nasdaq Composite jumped 1.6%. Stocks are on pace for an up week if gains …

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Prudential Financial 2021 ESG Report details long-term commitment to realize future vision

NEWARK, NJ–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) today released its annual environmental, social and governance (ESG) report, which provides a comprehensive overview of the company’s efforts to drive sustainability and increased value to the customers, shareholders, employees and communities it serves. The 2021 ESG Report underscores how Prudential’s ongoing sustainability commitments enable the company to …

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JPMorgan upgrades Funko, says stock has upside even as economic growth slows

As companies grapple with how to manage slowing growth and a potential recession, JPMorgan says its optimism about the outlook for the maker of vinyl figurines and bobbleheads, Funko. The firm upgraded the stock to overweight from neutral and gave it a $28 price target — about 33% from its closing price Wednesday. JPMorgan pointed …

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Santoli: The S&P 500’s bounce is set to face its first hurdle to prove it’s more than a snapback

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. Investors have moved on from the “too hot” porridge of runaway inflation worries and are now sampling the “too cold” bowl of rising slowdown/recession concerns. For now, the markets are navigating the shift reasonably well, …

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LME appoints Oliver Wyman to oversee nickel crisis post-mortem

The London Metal Exchange has selected Oliver Wyman to head the exchange’s independent review of its handling of the nickel crisis that saw the exchange wipe some $4bn in trades. The consulting firm, along with its sister company Nera, will examine the events the peaked on 8 March, when a dramatic spike in nickel prices …

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