business news

Real estate firms Compass and Redfin announce layoffs as housing market slowsReal estate firms Compass and Redfin announce layoffs as housing market slows

Real estate firms Compass and Redfin announce layoffs as housing market slows

[ad_1] A Redfin Corp. 'For Sale' sign stands outside of a home in Seattle, Washington.David Ryder | Bloomberg | Getty…

3 years ago
‘Profit recession’ warning as markets wait for aggressive central bank moves‘Profit recession’ warning as markets wait for aggressive central bank moves

‘Profit recession’ warning as markets wait for aggressive central bank moves

[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 13, 2022.Brendan…

3 years ago
Sell-off continues, bitcoin and ethereum fallSell-off continues, bitcoin and ethereum fall

Sell-off continues, bitcoin and ethereum fall

[ad_1] Illustrative image of two commemorative bitcoins with a green background.Artur Widak | Nurphoto | Getty ImagesBitcoin briefly fell below $21,000…

3 years ago
Fed’s inflation battle to worsen market turmoil: Canaccord’s DwyerFed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer

Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer

[ad_1] Stocks may go into a deeper tailspin.Canaccord Genuity's Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil…

3 years ago
S&P 500 is in official bear market, according to S&P Dow Jones IndicesS&P 500 is in official bear market, according to S&P Dow Jones Indices

S&P 500 is in official bear market, according to S&P Dow Jones Indices

[ad_1] Traders on the floor of the NYSE, June 13, 2022.Source: NYSEIt's official, according to the folks who decide which…

3 years ago
Markets are now bracing for the possibility of bigger Fed interest rate hikes aheadMarkets are now bracing for the possibility of bigger Fed interest rate hikes ahead

Markets are now bracing for the possibility of bigger Fed interest rate hikes ahead

[ad_1] As inflation climbs to new 40-year highs, expectations for interest rate increases from the Federal Reserve are escalating as…

3 years ago
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billionPrologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion

Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion

[ad_1] Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021.…

3 years ago
Global markets are tanking ahead of a huge week for central banksGlobal markets are tanking ahead of a huge week for central banks

Global markets are tanking ahead of a huge week for central banks

[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, June 1,…

3 years ago
Ukraine president hails troops; chemical plant sheltering civilians hitUkraine president hails troops; chemical plant sheltering civilians hit

Ukraine president hails troops; chemical plant sheltering civilians hit

[ad_1] Ukrainian President Volodymyr Zelenskyy speaks on June 6, 2022. As bitter fighting raged in the city of Sievierodonetsk, Ukraine's…

3 years ago
Rice prices are rising amid rising food inflation, export bansRice prices are rising amid rising food inflation, export bans

Rice prices are rising amid rising food inflation, export bans

[ad_1] The spider web rice fields in Flores, Indonesia. The United Nations' Food and Agriculture Organization Food Price Index shows…

3 years ago