Citi job cuts, Tesla and Lucid, Birkenstock: Top Stocks

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Citigroup (C) reportedly considering laying off up to 10% of its workforce, according to a CNBC report. Tesla (TSLA) plans to start building affordable EVs...

‘The goose lays more golden eggs every year’: Warren Buffett explains why capitalism isn’t working for young people today — and the simple way he’d solve it

‘The situation is dire’: Nearly two-thirds of potential homebuyers would welcome a recession if it meant lower mortgage rates — but here’s what they’re missingSHANGHAI -China recorded its first-ever quarterly deficit in foreign direct investment , according to balance of payments data, underscoring capital outflow pressure and Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments.

November is typically the best month for stocks. A quirk among mutual funds may explain the weird phenomenon and point to big gains into year's end -- The S&P 500’s pitch is simple. Own it and get exposure to the biggest of the big among US firms. Lately it’s gotten harder to maintain that point of distinction.

 

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