business news

A Redfin Corp. 'For Sale' sign stands outside of a home in Seattle, Washington.David Ryder | Bloomberg | Getty ImagesReal estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop.In…

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 13, 2022.Brendan McDermid | ReutersGlobal stock markets diverged on Tuesday after a worldwide sell-off in the previous session, as analysts assessed the…

Illustrative image of two commemorative bitcoins with a green background.Artur Widak | Nurphoto | Getty ImagesBitcoin briefly fell below $21,000 on Tuesday in Asia before bouncing back slightly, continuing its plunge as investors sold…

Stocks may go into a deeper tailspin.Canaccord Genuity's Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil and make a recession seem increasingly more likely."Typically, I've been bullish over the years. But…

Traders on the floor of the NYSE, June 13, 2022.Source: NYSEIt's official, according to the folks who decide which markets are bulls and which are bears, not to mention which stocks go into the Dow Jones Industrial Average and the…

As inflation climbs to new 40-year highs, expectations for interest rate increases from the Federal Reserve are escalating as well. With the rate-setting Federal Open Market Committee scheduled to hold a policy meeting this week ,…

Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging U.S. ports, pushing warehouses to capacity and forcing…

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, June 1, 2022.Brendan McDermid | ReutersLONDON — Global stock markets are falling sharply after May's U.S. inflation print reignited fears that central…

Ukrainian President Volodymyr Zelenskyy speaks on June 6, 2022. As bitter fighting raged in the city of Sievierodonetsk, Ukraine's president hailed his country's fighters for defying Russian forces in his country's eastern Donbas…

The spider web rice fields in Flores, Indonesia. The United Nations' Food and Agriculture Organization Food Price Index shows international rice prices creeping up for the fifth straight month to reach a 12-month high, according to the…