Insider Today: Remote workers are getting the boot once again

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Hello! Introducing the worst new trend of 2024: People requesting individual checks for the food they ate at group dinners .?

Here’s what to know today:

Markets:

Before the opening bell: US stock futures rise early Thursday as investors await the fourth-quarter GDP report.

• The stock market is looking gray, and that’s a bad thing. Older Americans own 80% of US stocks, which puts the market at risk if the economy takes a dip, according to Rosenberg Research. Boomers aren’t as likely to hold their positions through a downturn, which could spur a market selloff .

Tech:

• Tesla missed its profit forecasts. The EV company reported fourth-quarter earnings on Wednesday. It missed earnings and revenue targets for the last three months of the year, and shares fell as much as 4% after the closing bell.

Business

• Remote workers are getting the boot once again. The days of fully remote working are under threat , as companies like Wayfair continue to cut costs. Bank of America, for example, sent letters threatening “disciplinary action” to employees who aren’t coming into the office.

Written by Dan DeFrancesco and Diamond Naga Siu .

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