Dow Jones ends 475 points lower after 9-day winning streak
U.S. stocks ended sharply lower after a strong year-end rally lost momentum on Wednesday, putting an end to a string of record finishes for the...
Vacant Offices Are Piling Up in Silicon Valley
Updated June 21, 2023 12:02 am ET Listen to article (2 minutes) Silicon Valley companies are dumping office space at an accelerating pace, as tech...
Deutsche Bank Still Wobbles as Yellen and Powell Insist System Is Resilient.
It has been a wild few days for banks. The collapse of Silicon Valley Bank happened this month, but it feels like years ago. It...
Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. [ad_2] Source link...
Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...