Shares of Chinese property developers rose convincingly on Wednesday, after China pushed to expand debt financing for private companies in a bid to shore up the ailing sector. Hong Kong’s Read more
Tag: Real Estate/Construction
Maryland may become 20th state to OK cannabis for adults
Voters in Arkansas, Maryland, Missouri, North Dakota and South Dakota are weighing in on legal cannabis today, with measures on the ballot in each of those states. The state most Read more
Apple, Pepsi among newest to join alliance buying greener concrete and steel
PepsiCo Inc., Apple Inc. and Rio Tinto PLC can be counted among the newest members of a corporate alliance committing $12 billion to purchasing near-zero-carbon steel, aluminum, cement and other products with the intention Read more
Maryland, Missouri voters seen as more cannabis-friendly as pot ballots await in five states
U.S. voters in five states facing ballot questions on cannabis on election day will likely deliver divided results, according to polls. Maryland and Missouri are expected to give the green Read more
Why Okta, Twilio and Salesforce are bucking the trend of cloud-software stocks’ slide
Cloud-software stocks continued to sell off Monday, following one of the space’s worst weeks ever, although not as fast as Friday selloff as a few beaten-up stocks received upgrades and Read more
Redfin stock falls as much as 15% after analyst says sell
Shares of Redfin Corp. sank into record-low territory Monday after Oppenheimer’ Jason Helfstein recommended investors sell, as he explained why he believed the real estate services company has a flawed 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
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
The best play on the Fed decision may be a nonplay, this industry veteran says
It’s go-time for the Fed, which is expected to deliver a fourth straight jumbo hike, though obviously bigger questions hang over December onward plans. Wall Street is understandably on the Read more
The best way to play the Fed decision is do absolutely nothing, this industry veteran says
It’s go-time for the Fed, which is expected to deliver a fourth straight jumbo hike, though obviously bigger questions hang over December onward plans. Wall Street is understandably on the Read more