US companies are canceling investment into China at a faster clip, survey shows
Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019. – Global markets remain on red alert over a trade war between the...
WeWork is worth 70% below where it last raised money, NYU’s ‘dean of valuation’ says
CEO of WeWork Adam Neumann Getty Images WeWork is worth just a fraction of where it was raising money in private markets, according to a widely followed valuation expert. Aswath Damodaran, professor of finance at the Stern School of Business...
US job openings decline for second straight month
Recruiters and job seekers are seen at a job fair. Rick Wilking | Reuters U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economists’ views that...
Amazon is hiring over 30,000 workers in these 6 US cities
Amazon wants to add 30,000 people to its workforce, and it’s putting on major hiring events in six cities to recruit. Amazon Career Day will be held Tuesday, Sept. 17, in Arlington, Virginia (the company’s newly-minted second U.S. headquarters); Boston;...
Stocks making the biggest moves after hours: Wendy’s, Ford and more
An employee hands a customer their order at the drive-thru window of a Wendy’s restaurant in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Wendy’s shares fell about 4% after...
Stocks are expected to break out to new highs, barring any errant presidential trade tweets
Traders work on the floor at the New York Stock Exchange. Eduardo Munoz | Reuters The stock market is itching to make new highs, and it may soon, as long as progress continues to appear to be made on the...
Real US debt levels could be a shocking 2,000% of GDP, a Wall Street report suggests
Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000% of GDP, according to an analysis that suggests danger but also cautions against reading too much into the level. AB Bernstein came up with the...
Real US debt levels could be 2,000% of economy, a Wall Street report suggests
Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000% of GDP, according to an analysis that suggests danger but also cautions against reading too much into the level. AB Bernstein came up with the...
Two strategies that could trap investors in losing trades right now
Wilmington Trust’s Meghan Shue warns snap decisions during market volatility spikes will trap investors in losing trades. According to the firm’s senior investment strategist, reacting to every U.S.-China trade war development and taking on large positions are two of the...
JPMorgan is close to winning a lead role in history’s biggest IPO: Saudi Aramco
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Jason Alden | Bloomberg | Getty Images Somewhere, Jamie Dimon is smiling. J.P. Morgan Chase is close to winning the lead advisory role for the initial public offering of Saudi...
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