Singapore Economy Expands Slower Than Expected in First Quarter

Singapore’s economy expanded slower than economists forecast, as a spending boost from increased tourism spurred by Taylor Swift concerts failed to offset a decline in manufacturing output. Gross domestic product grew 0.1% in the quarter ended March from the prior...

Hedge Funds Are Dumping US Retailer Stocks

Discretionary among most net sold sectors last week: Goldman Retail ETF continues to slide after worst week in over a year Hedge funds are turning more bearish on US stocks and retailers amid uncertainty about how Americans are coping with persistent inflation and...

Global Venture Funding Drops 30% as China Helps Drag Market Down

Tech investors are cautious as economies, IPO markets sputter AI is a bright spot as investors bet on technology’s promise Global venture capital funding declined 30% in the first quarter, continuing its slump as investors remain cautious amid sputtering economies and...

US Small-Business Optimism Falls to a More Than 11-Year Low

NFIB sentiment index declined nearly a point in March to 88.5 Sales expectations deteriorated, inflation still a top concern US small-business optimism dropped to a more than 11-year low in March as sales expectations slumped and inflationary pressures remained a...

US Small Businesses Dial Back Hiring Plans for a Fourth Month

The share of US small-business owners who plan to add jobs fell in March for a fourth straight month, pointing to softer demand for labor. Some 11% of firms said they intend to add workers in the next three months on net, down a percentage point from February and the...