November's off to a better start for the stock market. Stocks rallied Wednesday after the latest decision from the Federal Reserve . TheUS Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on November 1, 2023.opted to hold benchmark interest rates at the same level for the second consecutive time.
The coffee giant also said same-store sales rose 8%, attributing the climb to higher average checks and a 3% increase in customer traffic to its cafes. Net sales, meanwhile,put more money away in 2024. The agency on Wednesday announced new contribution limits for 401s, IRAs and other retirement accounts next year. The employee contribution limit for 401 plans increases to $23,000 in 2024, up from $22,500 in 2023.