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Tag: Construction

As EU works to coordinate response to China’s COVID wave, Beijing and airlines are unhappy

As EU works to coordinate response to China’s COVID wave, Beijing and airlines are unhappy

By adminPosted on January 4, 2023

European Union officials were working Wednesday to coordinate a response to China’s current surge of COVID cases and were likely to agree on travel restrictions that may upset both Beijing Read more

Mortgage demand falls in December to the lowest level since 1996

Mortgage demand falls in December to the lowest level since 1996

By adminPosted on January 4, 2023

The numbers: Mortgage applications fell by 13.2% to close off the last two weeks of 2022. Mortgage applications are now at the lowest level in 27 years.  The real-estate market Read more

Salesforce will lay off 10% of staff as part of restructuring

Salesforce will lay off 10% of staff as part of restructuring

By adminPosted on January 4, 2023

Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more

Salesforce will lay off 10% of staff as part of restructuring

Salesforce will lay off 10% of staff as part of restructuring

By adminPosted on January 4, 2023

Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more

Construction spending rises by 0.2% in November

Construction spending rises by 0.2% in November

By adminPosted on January 3, 2023

Outlays for construction projects rose 0.2% in November to $1.81 trillion, the Commerce Department reported Tuesday.  Wall Street was expecting a drop of 0.4%. Spending in October fell a revised Read more

These 20 stocks were the biggest losers of 2022

These 20 stocks were the biggest losers of 2022

By adminPosted on December 30, 2022

This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more

These 20 stocks were the biggest winners of 2022

These 20 stocks were the biggest winners of 2022

By adminPosted on December 30, 2022

Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners. Before showing you the Read more

Dow up 300 points as jobless claims data deemed 'welcome news for the Fed'

Dow up 300 points as jobless claims data deemed ‘welcome news for the Fed’

By adminPosted on December 29, 2022

U.S. stocks bounced back in early trading on Thursday, after the Nasdaq nearly hit a 30-month low a day earlier, as the market looked set to erase some of its Read more

These 20 energy stocks are worth a look if you think oil prices will soar in 2023

These 20 energy stocks are worth a look if you think oil prices will soar in 2023

By adminPosted on December 28, 2022

Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more

U.S. pending home sales fall 4% in November to the lowest level since April 2020

U.S. pending home sales fall 4% in November to the lowest level since April 2020

By adminPosted on December 28, 2022

The numbers: U.S. pending-home sales fell 4% in November, which is the sixth straight monthly drop, according to the index released Wednesday by the National Association of Realtors (NAR). The Read more

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