Wayfair to lay off 5% of employees, stock falls
admin Online furniture retailer Wayfair Inc. plans to lay off about 870 employees as it looks…
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5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far,…
Read More5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far,…
Read MoreAmazon stock jumps 12% as sales beat and AWS growth overcome a second straight quarterly loss
Amazon.com Inc. decided to cut back after years of pouring money into growth, and the…
Read MoreStanley Black & Decker leads S&P 500 decliners after tool maker’s weak quarter leads it to slash guidance
Shares of Stanley Black & Decker Inc. tumbled 13.7% Thursday to lead S&P 500 decliners…
Read More‘It will be mostly a white-collar recession’: Milken economist William Lee on how the next economic downturn will be different
“It will be mostly a white-collar recession. And the blue-collar recession will not be in…
Read MoreShopify predicts steeper losses, but stock still rallies after earnings
A day after announcing it would conduct steep layoffs, Shopify Inc. announced a quarterly loss…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
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PayPal stock hit as Walmart and Shopify send ominous signals
PayPal Holdings Inc. shares were sagging Tuesday after two consumer-facing names issued warning signs about…
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