January 4, 2024

Markets Now January 4th

Analysis: Stocks are off to a bumpy start in 2024. Here are the challenges ahead

Stocks rang in the new year with a selloff, stalling the 2023 monster rally.  
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Hyundai and Kia thefts soar more than 1000% since 2020

Certain Hyundai and Kia models saw a 10-fold increase in thefts in just the past three years, a wildly dramatic increase in the wake of a series of social media posts showing people how to steal the vehicles.  
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Jeffrey Epstein: Key takeaways from hundreds of newly unsealed court documents

A US federal court on Wednesday unsealed hundreds of pages of documents from a lawsuit related to Jeffrey Epstein, the convicted pedophile who died in jail before he could face trial on federal sex-trafficking charges.  
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Rose-hued Stanley cups trigger a frenzy among Target shoppers

It appears that for some Valentine’s Day revelers this year, nothing will spell L-O-V-E more profoundly than the gift of an oversized rose-hued stainless steel tumbler that’s downright clunky, way to heavy to carry around when filled up for “all-day hydration” but is still a solid viral sensation in the New Year.  
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Costco’s surprising response to workers’ union win: It’s not you, it’s us

In December, Costco workers in Norfolk, Virginia voted to unionize in what they said was a bid to improve working conditions at the wholesale retail chain.  
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Lululemon founder slams company’s DEI efforts

Lululemon’s controversial founder is back with criticisms about its diversity and inclusion efforts — and the athleticwear company is distancing itself from his comments.  
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Source: CNN Business

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