Friday, June 17, 2022

A spate of layoffs is fueling recession anxiety

Two years ago, when the pandemic ushered in the sharpest economic downturn on record, it sparked a tidal wave of layoffs.
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A spate of layoffs is fueling recession anxiety
Two years ago, when the pandemic ushered in the sharpest economic downturn on record, it sparked a tidal wave of layoffs. Read more »
 
Vince McMahon steps down as WWE CEO following hush money allegations
WWE boss Vince McMahon has agreed to step back from his responsibilities as chairman and CEO while the wrestling company's board investigates him for alleged misconduct. Read more »
 
Chipmakers brace for more trouble as Russia limits exports of rare gases
The semiconductor industry just can't catch a break. After two years of pandemic-fueled supply bottlenecks, Russia, one of the world's biggest suppliers of industrial gases used to make chips, has started to limit its exports. Read more »
 
The best cure for high gas prices could be -- high gas prices
There's not a lot that Joe Biden, Congress or the Federal Reserve can do to bring down the record high gas prices. High gas prices themselves might do the job for them. Read more »
 
How to recession proof your portfolio
Uber CEO Dara Khosrowshahi said at a Bloomberg event earlier this month that he thinks the ridesharing and food delivery giant is "recession resistant." Read more »
 
Shoppers are buying less and switching to store brands, Kroger says
Decades-high inflation is changing US consumers' grocery habits. Read more »
 
 
 
 
Dow Nasdaq S&P
-38.29   +152.25   +8.07
29,888.78   10,798.35   3,674.84
-0.13%   +1.43%   +0.22%
YTD -17.75%   YTD -30.98%   YTD -22.90%
 
Biggest Winners
Norwegian Cruise Line Holdings Ltd +10.12%
 
Carnival Corp +9.71%
 
American Express Co +4.86%
 
ServiceNow Inc +3.67%
Biggest Losers
Conocophillips -8.47%
 
Devon Energy Corp -8.30%
 
Pioneer Natural Resources Co -8.17%
 
Coterra Energy Inc -7.30%
Hottest ETF
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NYSE Market Volume
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Key Market Stats Latest Today's Change
Oil $110.03 -7.56 / -6.43%
Gold $1,842.90 -7.00 / -0.38%
10-yr 3.24% -0.07
Euro $1.05 -0.01 / -0.89%
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