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...
Gold Prices Buoyed by Rally as Investors Get on Board
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China’s Reopening Complicates Global Fight Against Inflation: WSJ
Stronger Chinese economy will boost demand for commodities but could ease supply-chain bottlenecks, sending mixed signals for central bankers… [ad_2] Source link...
The Government Debt Threat Keeps Mounting: WSJ
If you thought the 2008 financial crisis was bad, wait until Washington has to stop borrowing. [ad_2] Source link...
BlackRock Profit Falls 23%: WSJ
The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. [ad_2] Source link...
U.S. Auto Sales in 2022 Worst in Over a Decade
Business Autos & Transportation Autos Industry GM bucked last year’s industry declines to regain U.S. sales crown from Toyota [ad_2] Source link...
Corporate Insiders Aren’t Betting on a Market Rebound
Markets Stocks Recent market declines have pushed stock prices lower, but executives and directors haven’t been scooping up their companies’ shares [ad_2] Source link...
Beer Sales Drop as Consumers Balk at Higher Prices
Business U.S. demand for beer fell at the end of last year after a strong run of defying inflation [ad_2] Source link...
Gold Price: Why the Rally May Last. Economic Uncertainty Is Great for the Price.
Gold climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year,...
Elon Musk and Cathie Wood Are Almost Right About the Fed
Markets Heard on the Street The two are correct in that higher rates are dragging down tech, but that is hardly the whole story [ad_2]...