It’s a year for shopping prudently. Americans will spend between $942.6 billion and $960.4 billion this holiday season, according to projections from the National Retail Federation. That’s up from last Read more
Tag: Information Technology
Investors may be whistling past the graveyard of a recession with latest rally in stocks
Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for Read more
Marqeta stock gains after earnings as revenue forecast exceeds expectations
Shares of Marqeta Inc. were up about 6% in after-hours trading Wednesday after the company, which makes card-issuing technology, topped revenue expectations for its latest quarter and issued an upbeat Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
Here’s why the Federal Reserve let inflation run up to a 40-year high and how it roiled the stock market this week
This has been a topsy-turvy week for investors as Federal Reserve Chairman Jerome Powell pulled the strings in the stock market with a strong dose of reality. As part of Read more
Here’s how top CEOs are opening up their wallets for J.D. Vance and other candidates in key Senate races
By one metric, J.D. Vance could be considered the favorite among CEOs of S&P 500 companies. That’s because the Ohio Republican has attracted more money from current or recent S&P Read more
Ford Credit borrows $1.5 billion as bond yields hit 13-year highs, investors weigh recession fears
Ford Motor Credit tapped the U.S. corporate bond market on Tuesday for $1.5 billion in funding, despite recession fears and major companies having to pay investors yields that have hit Read more
Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, Read more
Intel earnings: Layoffs and margin pressure could overshadow Mobileye IPO
Intel Corp. must contend this week with an earnings report that notably lacked a formal pre-announcement, a bleaker-than-expected PC market and rumored layoffs, which will likely overshadow the initial public Read more
‘No housing market is immune to home-price declines’: Home values are already falling in these pandemic boomtowns.
Rising rates and waning buyer demand is finally weighing on home prices. With the 30-year fixed-rate mortgage averaging at 7.12%, according to Mortgage News Daily, Zillow Z, -4.46%, Realtor.com, and Read more