They blame the dramatic shift in macroeconomic conditions If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. More firms are making cuts. Illustratio… [+3824 chars]
They blame the dramatic shift in macroeconomic conditions If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. More firms are making cuts. Illustratio… [+3824 chars]
A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate incre… [+442 chars]
Federal regulators are threatening to quash Donald Trumps dreams of becoming the next Jeff Bezos before they have a chance to take off. In filings Monday, the Security and Exchange Commission said i… [+2010 chars]
Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bu… [+8642 chars]
Top economist Mohamed El-Erian said US inflation may reach 9% and criticized the Federal Reserve for not acting sooner to tackle price increases. The comments from El-Erian, who is chief economic … [+2505 chars]
Americans accumulated extra savings during the pandemic, but that money is fast dwindling because of inflation. Some 70% of Americans are using their savings to cover rising prices, a recent Forbes A… [+3654 chars]
NEW YORK, June 13 (Reuters) - Oil prices rose on Monday in a session of volatile trade as tight global supplies outweighed worries that demand would be pressured by a flare-up in COVID-19 cases in Be… [+2301 chars]
Estimated read time: 5-6 minutes DALLAS There is little evidence that gasoline prices, which hit a record $5 a gallon on Saturday, will drop anytime soon. Rising prices at the pump are a key driver… [+5866 chars]
All 30 Dow Jones Industrial Average DJIA, -0.04% component stocks are falling in Monday's premarket, with Dow futuresYM00, -0.19% pointing toward a third-straight decline of more than 500 po… [+681 chars]
Shares of Coinbase Global Inc. were cratering toward one of their largest drops on record Monday after a different cryptocurrency platforms decision to pause withdrawals and transfers led to further … [+3045 chars]
Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing … [+3611 chars]
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