Snap Inc.’s stock dropped sharply Friday as Wall Street took a hard look at the company’s latest string of disappointing news, which has the potential to rattle the broader internet Read more
Tag: woes
Social Security COLA, Gen X and boomer money woes, and more retirement news and research
From MarketWatch: Social Security COLA 2023 benefits are rising 8.7% — here’s what that means for recipients: The cost-of-living adjustment for 2023 will be the largest increase for Social Security Read more
Winter is coming for Europe’s auto industry, which faces an output fall of one million due to supply energy woes
Europe’s auto industry faces not only a difficult winter but a tough 2023 as well, with potential output loss of one million cars per quarter, as companies struggle to stay Read more
Commercial property woes grow with only 9% of Manhattan office workers back in the office full time
The U.S. office property outlook has grown increasingly dark in recent months as big companies make plans to formalize a roll back of more than two 1/2 years of mostly Read more
Financial contagion from U.K.’s woes? Biden economic adviser says U.S. ‘in a strong place to deal with a full set of headwinds’ including from abroad
“‘The U.S. economy remains in a strong place to deal with a full set of headwinds, including those coming from abroad.’” — Jared Bernstein, member of President Joe Biden’s Council Read more
America’s biggest ports are still contending with record volume, indicating the country’s supply chain woes are far from over
The nation’s largest ports handled more volume this year than through the same time period last year, a sign the supply chain challenges that wreaked havoc on consumers and retailers Read more
Opinion: Which Intel CEO is to blame for the current woes? Or is it actually AMD’s CEO?
As Intel Corp. investors try to parse through the wreckage of its disastrous second quarter, one nagging question will not go away: Which chief executive is to blame for the Read more
Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll
The end of a boom in personal-computer sales is landing on Best Buy Inc.’s financial statements. The electronics retailer warned investors Wednesday afternoon that it will not hit financial targets Read more
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an Read more
European natural gas prices surge as Norwegian outage adds to supply woes
Natural gas prices in Europe surged on Monday to their most expensive since the early stages of Russia’s invasion of Ukraine as proposed strikes in Norway increased fears about inadequate Read more
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