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Category: Economy

Twitter advertisers back off as layoffs sweep the company
Economy

Twitter advertisers back off as layoffs sweep the company

Pamela LoweNovember 5, 2022

Advertisers’ pullout from Twitter gained steam on Friday amid growing concerns that disinformation and hate speech will be allowed to…

US stocks sway as traders scrutinize jobs data and Federal Reserve comments
Economy

US stocks sway as traders scrutinize jobs data and Federal Reserve comments

Pamela LoweNovember 4, 2022

US stocks fluctuated and the dollar fell on Friday after a mixed report on the nation’s jobs market and bilateral…

Elon Musk begins layoffs on Twitter
Economy

Elon Musk begins layoffs on Twitter

Pamela LoweNovember 4, 2022

There is nothing visionary or innovative about dismissing ‘summary workers’ by email, especially people with ‘specialist experience and deep organizational…

Japan’s Nikkei falls 2%, Asian markets slip ahead of US jobs report
Economy

Japan’s Nikkei falls 2%, Asian markets slip ahead of US jobs report

Pamela LoweNovember 4, 2022

Pedestrians cross a road in front of the Tokyo Stock Exchange (TSE), which is operated by the Japan Exchange Group…

Older, white, and other wealthy homebuyers are being pushed out of the market
Economy

Older, white, and other wealthy homebuyers are being pushed out of the market

Pamela LoweNovember 3, 2022

Black and Asia/Pacific Island buyers together accounted for just 5 percent of total home sales, as their market shares dwindled…

Stock futures drop after a choppy session following the latest Fed rate hike
Economy

Stock futures drop after a choppy session following the latest Fed rate hike

Pamela LoweNovember 3, 2022

Stock futures fell on Thursday after losses during the previous session after the Federal Reserve raised interest rates again and…

Elon Musk’s Twitter faces a massive exodus of advertisers and CEOs
Economy

Elon Musk’s Twitter faces a massive exodus of advertisers and CEOs

Pamela LoweNovember 2, 2022

SAN FRANCISCO – Twitter faces a mass exodus of fickle CEOs and advertisers Elon Musk and his advisors Take control…

Britishvolt battery-powered electric company avoids instant meltdown with short-term financing
Economy

Britishvolt battery-powered electric company avoids instant meltdown with short-term financing

Pamela LoweNovember 2, 2022

Charging points for electric cars in London, England. John Chalikum | moment | Getty Images UK-based electric car maker British…

Stock futures flat ahead of major Fed policy decisions
Economy

Stock futures flat ahead of major Fed policy decisions

Pamela LoweNovember 2, 2022

Stock futures were little changed Tuesday night as investors braced for the Federal Reserve’s latest policy decision at the conclusion…

Hang Seng Index jumps, Caixin PMI jumps below 50, RBA raises rates
Economy

Hang Seng Index jumps, Caixin PMI jumps below 50, RBA raises rates

Pamela LoweNovember 1, 2022

China and Hong Kong flags flutter as screens display the Hang Seng index outside the Exchange Square complex, which houses…

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