Articles

AMC’s stock on pace for another record-low close and set to extend losing streak to two days

The movie-theater chain and original meme stock is down 1.9% and is trading around $4.95, which would be an all-time low

Biden administration’s antitrust victories are much-needed wins for consumers

In the constant struggle to promote competition, score one for ordinary Americans.

CES highlights: AI-equipped robot ball, Sony electric car, Walmart AI checkout and LG transparent LCD TV

The high-tech industry's Super Bowl, CES, has taken over Las Vegas this week with a collection of eye-catching products for consumers to use at home, on the road and in stores.

Slumping apartment rents? This landlord is actually seeing increasing rents — and buying opportunities — amid a construction boom.

The Ohio-based Connor Group recently snapped up a three-year-old suburban Denver apartment building at a nearly 40% discount.

Fed’s Williams says interest rates need to stay high ‘for some time’ to ensure inflation is tamed

New York Federal Reserve President John Williams said U.S. interest rates will likely need to stay high "for some time" until senior central bank officials are confident the rate of inflation is returning to 2%.

Money flows into big-bank bonds ahead of earnings, even as stocks waver

Bank of America and Citigroup bonds have drawn in more than $900 million in capital in the last two weeks, while yield spreads have tightened in a sign of bullish sentiment.

Alaska Airlines cancels 737 Max 9 flights through Saturday

Alaska Airlines says it "continues to wait for documentation from Boeing and the FAA to begin inspection of our 737-9 Max fleet."

California, New York reparations efforts are counterproductive — a federal program is best, expert says

The cost of a nationwide reparations program now approaches $16 trillion, a leading reparations scholar told MarketWatch.

Amazon’s Twitch plans to slash 500 jobs, in latest tech layoffs

"It has become clear that our organization is still meaningfully larger than it needs to be given the size of our business," Twitch CEO says

Middle-market merger optimism ‘pops’ to highest level since 2020, new survey says

An annual mergers-and-acquisitions survey of middle-market companies and private equity firms on Wednesday revealed the highest amount of optimism in four years around deals to come.

Jobs report exaggerated the increase in U.S. hiring in 2023

The U.S. added a surprisingly large 2.7 million new jobs in 2023 as the economy defied a widely forecasted recession. But monthly increases were exaggerated by pandemic-era distortions in how they are counted.

Tech layoffs continue as Amazon cuts ‘several hundred’ at Prime Video and MGM Studios and Twitch makes ‘just over 500’ layoffs

Tech layoffs are in the spotlight again as Amazon and Twitch announce job cuts.
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