The numbers: Sales at retailers fell flat in September, potentially another chink in the armor of a U.S. economy that likely to slow in the months ahead as interest rates Read more
Tag: bite
Investors pull $30 billion out of Pimco as inflation fears bite
Investors pulled 29 billion euros ($29.6 billion) from bond giant Pimco in the second quarter, its parent Allianz SE ALV, -1.63% said on Friday, highlighting nervousness in the fixed income Read more
Will Amazon and GrubHub take a bite out of Uber and DoorDash’s food-delivery dominance?
Amazon.com Inc. is jumping further into the food-delivery business by teaming up with Grubhub, just as some analysts say they see the pandemic-induced spike in that market slowing. So what Read more
U.S. stocks head for longest losing streak in a month as rate-hike fears, weak bank earnings bite
U.S. stocks fell sharply Thursday as investors braced for the possibility of a full percentage point increase in the Federal Reserve’s benchmark interest rate later this month, while weak megabank Read more
U.S. stocks open lower as China COVID restrictions bite
U.S. stocks opened lower on Monday one session after the Nasdaq Composite cemented its longest win streak since November as another spate of COVID restrictions in China added to concerns Read more