A Housing Bust Comes for Thousands of Small-Time Investors: WSJ
They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. [ad_2]...
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...
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...
Food Supply Stays Tight as Disappointing U.S. Harvest Adds to Global Challenges
A lackluster U.S. harvest this year is setting back efforts to relieve a global food supply that has been constrained by Russia’s war in Ukraine,...
Electric Bills Soar Across the Country as Winter Looms
U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to...
Walmart Lays Off Hundreds of Corporate Workers
Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned...
Food Prices Squeeze Poorest in Rich Countries
LONDON—Rampant food inflation is roiling the world’s least-developed nations. It is also hitting poor people in rich countries. Matsentralen Norge, a food-bank operator in oil-rich...
Small Businesses Fall Behind on Hiring as Inflation Takes a Toll
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The Average Age of Vehicles on U.S. Roadways Hits a Record 12.2 Years
The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices...