Corporate America Is Hurting on China’s Worsening Economy
China’s worsening economic downturn is negatively impacting major American businesses operating in the country, especially those linked to its declining manufacturing, construction, and export sectors....
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. Source link...
A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns
Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after...
What Sanctions Mean for Russia’s $140 Billion in Gold
The U.S. is clamping down on Russia’s ability to sell its gold reserves and raise money, the latest effort to cripple the country’s war chest...
Lumber Trading Is So Hot That It Almost Never Happens
Lumber futures are on another wild ride, but trading them has gotten pretty boring. In 25 of this year’s 35 trading sessions, prices of the...