January 11, 2024

Markets Now January 11, 2024

Analysis: China, debt and Disney: Three economic themes that will dominate the Republican primaries

Republican presidential candidates Nikki Haley and Ron DeSantis sparred on a wide range of economic issues during the CNN GOP presidential debate on Wednesday evening.  
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Hertz is selling 1/3 of its electric cars to buy gas cars instead

Hertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to purchase more gasoline powered vehicles.  
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Iran seizes oil tanker in the Gulf of Oman

Iran has seized an oil tanker in the Gulf of Oman and is transferring it to an Iranian port in retaliation for the United States confiscating the same vessel and its oil last year, Tasnim News Agency reported Thursday.  
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You may see more money in your paycheck this month. Here's why

Thanks to inflation adjustments to 2024 federal income tax brackets, more of your wages may be subject to lower tax rates than they were last year.  
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Aviation experts raise questions about 737 Max ‘door plug’ design

In the aftermath of last week’s Alaska Airlines in-flight emergency, some aviation experts are questioning the structural design of the section of the Boeing 737 Max 9 that blew off the plane.  
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The FAA is formally investigating Boeing over Alaska Airlines Boeing 737 Max incident

The Federal Aviation Administration says it is opening an investigation into Boeing’s quality control after the violent in-flight failure of a door plug on a nearly new 737 Max 9.This is a developing story. It will be updated.  
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Source: CNN Business

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Using the IRS 401(k Checklist as a Mid Year Self Audit Tool

A 401(k) plan is a valuable benefit for your team, but it also comes with ongoing responsibilities for you as a business owner and plan sponsor. Mid year is a practical time to pause and run a structured self-check on the plan, while there’s still time in the calendar year to correct issues and refine processes. 

2026 SEC Priorities: What it means for your money.

Understanding the SEC's regulatory priorities can help you become a more informed investor. This educational infographic highlights the U.S. Securities and Exchange Commission's 2026 examination priorities—including fiduciary duty, fees and expenses, custody of client assets, cybersecurity, and the use of technology and AI—and explains what these areas of focus may mean for your relationship with your financial advisor. While these priorities guide SEC examinations of investment advisers, they also provide valuable insight into the questions investors should ask and the standards they should expect from their advisory firm. Important Information: This material is provided for educational purposes only and should not be considered investment, legal, or tax advice. Registration with the SEC does not imply a certain level of skill or training and does not indicate SEC approval or endorsement. Please consult your financial professional regarding your individual circumstances.

AI Rally Reignites as Tech Leaders Stabilize Volatile Market

Stocks rebounded as large-cap technology names reignited optimism around the durability of the AI-driven bull market, helping markets recover from a recent semiconductor-led pullback.

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