Articles

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.

Fixer on 50 acres: $2.9 million Abercrombie castle in Westchester County needs full renovation

Just an hour by train from New York City, the 4,337-square-foot castle was built in 1927 for Abercrombie’s family, and needs some work.

Airline stocks have had a great run. Here’s what analysts expect from here.

Analysts expect Alaska Air Group to increase its earnings at a rapid pace through 2025, as JetBlue struggles to break even.

Small-cap stocks book an uncommonly large 50-day rally. Is it too late to buy?

Here's what history says about small-cap stock performance after a strong, short-term surge.
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