Tuesday, November 1, 2022

Where are the unicorns? The IPO market has unraveled this year

Wall Street bulls may have come thundering back in October as bears appear to have gone into hibernation. But there's another beast, albeit a mythical one, that has been pretty much absent from the stock market all year: Unicorns. There has been little demand for private companies to make their debuts with initial public offerings.
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Where are the unicorns? The IPO market has unraveled this year
Wall Street bulls may have come thundering back in October as bears appear to have gone into hibernation. But there's another beast, albeit a mythical one, that has been pretty much absent from the stock market all year: Unicorns. There has been little demand for private companies to make their debuts with initial public offerings. Read more »
 
The number of job openings rose unexpectedly in September, despite the Fed's aggressive actions
The number of available jobs in the United States increased in September, surprising economists who had expected the total to fall amid the Federal Reserve's aggressive action to cool the economy. Read more »
 
US debt: Federal interest payments could soon exceed military spending
The Federal Reserve's war on inflation isn't just painful for home buyers and people with credit card debt. Uncle Sam is getting squeezed by higher borrowing costs, too. Read more »
 
Why America's job market hasn't imploded
Despite a stock-market bounce in October that gave the Dow its biggest monthly gain in more than 45 years, economists are warning that there's a very real danger of recession in the United States. Mortgage rates are at their highest levels since 2002, consumer spending and business investment is falling and the Federal Reserve is fighting persistent inflation with higher interest rates. Read more »
 
BP's profit more than doubles as calls for windfall taxes grow louder
BP's profit more than doubled in the third quarter, extending a bumper run of earnings for the world's biggest oil and gas companies that will add to growing calls in Britain and the United States for higher taxes on windfall profits. Read more »
 
Twitter founder Jack Dorsey to remain invested in the company under Elon Musk
Twitter co-founder and former CEO Jack Dorsey stepped down from the company's board earlier this year, but he's staying involved with the social platform following its takeover by Elon Musk. Read more »
 
 
 
 
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