Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
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Opinion: Tech earnings are about to dive, and there’s no life preserver in sight
What a difference a year makes. Now, a slow release of air from a balloon would be a welcome relief from the sonic boom of tech stocks tanking and earnings Read more
Facebook janitors are on strike in the Bay Area — with no end in sight
About 250 unionized janitors from Meta Platforms Inc.’s buildings in the Bay Area went on strike this week, imploring the parent company of Facebook and Instagram to “honor the commitment Read more
Veteran strategist Dennis Gartman says it’s still a bear market with no Fed pivot in sight.
As the market heads into the new week, the attention is still very much on Friday’s jobs report showing an unexpected 528,000 increase in nonfarm payrolls. “It was quite a Read more
‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession
If you find it hard to save anything at the end of the month, you’re not alone. An estimated 150 million American adults are in the same shoes. More than Read more