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Typical job switcher got a pay raise of nearly 10%, study finds

Morsa Images | DigitalVision | Getty ImagesMany workers who changed jobs recently saw raises from their new paychecks outpace inflation by a wide margin — by nearly 10% or more, according to a new study by the Pew Research Center.The typical American who changed employers in the year from

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Stocks making the biggest moves midday: Uber, Pinterest, Caterpillar and more

An Uber banner on the New York Stock Exchange on the day of Uber's IPO, May 10, 2019.Source: NYSECheck out the companies making headlines in midday trading Tuesday.Uber Technologies — Uber shares popped 17.6% after the ride-hailing giant reported a quarterly revenue that beat analyst expectations. The company's revenue

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Fed’s Daly says ‘our work is far from done’ on inflation; Evans says bigger hike ‘OK’

Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, U.S., November 12 2018.Ann Saphir | ReutersThe Federal Reserve still has a lot of work to do before it gets inflation under control, and

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Govt not planning to introduce bill to facilitate privatisation of banks in monsoon session: Minister

The government is not planning to introduce any bill to make amendments to facilitate the privatisation of public sector banks in the ongoing monsoon session, Parliament was informed on Tuesday. As per list of business for monsoon session 2022 of the Parliament, no such bill has been listed for

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CCI clears Rs 4,500 crore deal between Bandhan Fin Holdings-led consortium, IDFC

The Competition Commission of India (CCI) on Tuesday approved the proposed Rs 4,500 crore deal wherein the Bandhan Financial Holdings-led consortium will buy stakes in Asset Management and IDFC AMC Trustee. The consortium includes private equity firm Chrys Capital and Singapore's sovereign fund . The transaction includes acquisition

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Yes Bank to convene shareholders’ meet on Aug 24;to seek nod for Rs 8,900 cr fund raise plan

will convene an extraordinary general meeting on August 24 to seek shareholders' approval for the proposed capital infusion of Rs 8,900 crore by US-based private equity investors Carlyle and Advent. The country's sixth largest private sector bank based on total assets size said it is witnessing a significant

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Bill Ackman blasts Visa, saying it has the power to pressure Pornhub to remove child pornography

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman is taking a vocal stance against Visa, saying the credit card giant has the power to pressure Pornhub to remove child pornography from its site. "My interest comes from the fact

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Stocks making the biggest moves in the premarket: Caterpillar, Uber, Pinterest and more

Take a look at some of the biggest movers in the premarket:Caterpillar (CAT) – The heavy equipment maker's stock fell 3.7% in the premarket after its quarterly earnings beat forecasts but revenue was slightly short of consensus. Caterpillar's sales were hurt by its exit from Russia as well as

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Hackers drain nearly $200 million from crypto startup in ‘free-for-all’ attack

Billions of dollars of value have been wiped off the cryptocurrency market in recent months. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity crisis and many firms have announced layoffs.Yu Chun Christopher Wong | S3studio | Getty ImagesHackers drained almost $200

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