Scores of high-profile government officials, corporate interests and protestors converage by Egypt’s Red Sea for the next two weeks, charged with quickening the progress in curbing costly and deadly global Read more
Tag: Markets
‘It’s kind of a perfect storm in those markets’: Rent growth is declining in these Sunbelt cities
The Sunbelt’s hottest pandemic rental markets are chilling out. The Sunbelt — a region that includes the southeastern and southwestern U.S. states— hosted many of the country’s fastest-growing markets for multifamily Read more
Food prices keep rising. Food-company execs are betting Americans will keep paying.
Even as rampant inflation in food prices leaches away consumer spending power and disproportionately affects lower-income consumers, food-company executives and Wall Street analysts believe that Americans will continue to buy Read more
Activist groups urge advertisers to pause Twitter buys after Elon Musk blames them for ‘massive drop in revenue’
As Elon Musk laid off thousands of Twitter Inc. employees Friday, more than 60 civil-rights and civil-society groups urged companies to stop advertising on the social media platform. The purchase Read more
The cloudburst is upon us: Cloud-software stocks suffering worst declines on record
The lining in cloud-software stocks Friday was blood red instead of silver. Forecasts from former software darlings this week added to fears about businesses cutting back on capital spending in Read more
U.S. job creation slowed to 261,000 last month — but it’s still too strong for the Fed
The numbers: The economy gained a surprisingly strong 261,000 new jobs in October, underscoring the persistent strength of a labor market that the Federal Reserve worries will exacerbate high inflation. Read more
‘Just so full of autocracies’: For the Freedom 100 Emerging Markets ETF, outperformance in 2022 goes beyond nixing China
Hi! In this week’s ETF Wrap, Life + Liberty Indexes founder Perth Tolle weighs in on why emerging-markets funds that exclude China don’t go far enough, as well as on Read more
Atlassian stock drops 25% after earnings, potentially wiping away more than $10 billion in valuation
Atlassian Corp. shares dropped in the extended session Thursday after the business-collaboration software company’s earnings and revenue outlook fell short of Wall Street expectations as executives saw signs of economic Read more
Inflation should send holiday sales to a record high, even as retailers scale back seasonal hires, industry group reports
Even as inflation stretches consumers’ budgets, retailers are set to break sales records yet again this holiday season — in part due to inflationary price increases — even as they Read more
Twilio’s stock tumbles as quarterly loss, outlook spook investors
Shares of Twilio Inc. tumbled as much as 17% in extended trading Thursday after the customer-engagement technology company reported mixed fiscal third-quarter results that met Wall Street analysts’ forecasts, but a Read more