Aug 7, 2024 | Markets
Bank follows Goldman Sachs in raising risk of a downturn US news suggests ‘early signs of labor shedding,’ bank says JPMorgan Chase & Co. now sees a 35% chance that the US economy tips into a recession by the end of this year, up from 25% as of the start of last...
Aug 7, 2024 | Markets
Flagship fund buys Amazon, AMD, Roku amid market selloff ARKK fund has declined more than 20% since the start of 2024 Cathie Wood scooped up shares of tech firms caught in crushing market rout, just as her flagship fund sank to a new 2024 low. Wood’s ARK Innovation...
Aug 7, 2024 | Markets
More customers coming from $100,000 households, Dine CEO says Restaurants are racing to create new low-cost menu items Wealthier Americans are visiting IHOP and Applebee’s more often, and they’re looking for deals on their pancakes and wings. Dine Brands Global Inc.,...
Aug 7, 2024 | Markets
Share of openings in large central metros down to 38% from 46% Health care jobs rise in prominence relative to software jobs The pandemic changed where Americans are likely to live and work, with a growing portion of job openings moving away from the biggest cities...
Aug 7, 2024 | Markets
Copper headed for its lowest close since March as stockpiles surged by the most in four years, underscoring weak demand in Asia. The 42,175-ton inflow took inventories on the London Metal Exchange to the highest level since 2019, with the material flooding into sheds...
