Business

Comment on this story Comment Reducing the workweek to four days could have a climate benefit, advocates say. In addition to improving the well-being of workers, they say slashing working hours may reduce carbon emissions. It’s what you might call a “potential triple-dividend policy, so something that can benefit the economy, society and also the …

How a 4-day workweek could benefit the environment Read More »

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a generally a positive week, with the Nasdaq and small caps leading the way. X But with the major indexes at resistance levels following strong recent gains, the market rally showed resilience amid some …

Dow Jones Futures: Market Rally Resilient; Apple, Tesla, These 5 Chip Stocks Could Use This Read More »

Dow Jones futures edged higher Thursday morning, along with S&P 500 futures and Nasdaq futures, amid another busy night and morning of earnings. The stock market rally rose strongly on Wednesday, with tech titans charging higher. X Apple stock Amazon.com (AMZN), Microsoft (MSFT), Facebook parent Meta Platforms (META), Tesla (TSLA) and Google parent Alphabet (GOOGL) …

Dow Jones Futures: Apple Leads Risk-On Market Rally; Big Earnings Movers Read More »

Foreign have pulled funds out of emerging markets for five straight months in the longest streak of withdrawals on record, highlighting how recession fears and rising interest rates are shaking developing growth investors. Cross-border outflows by international investors in EM stocks and domestic bonds reached $10.5bn this month according to provisional data compiled by the …

Emerging markets hit by record streak of withdrawals by foreign investors Read More »

No boom can last forever, even for the technology industry’s most affluent companies. Investors punished the biggest tech companies earlier this year, consuming $2 trillion in market value over fears the industry would falter in the face of rising inflation and a slowing economy. But this week, as the United States reported that economic output …

Eurozone Economy Grows Faster Than Expected, but So Does Inflation Read More »

Dow Jones futures rose early Friday, along with S&P 500 futures and especially Nasdaq futures, as Apple (AAPL) and Amazon.com (AMZN) headlined another wave of overnight earnings. X The stock market rally showed strength Thursday, shrugging off a post-Fed pullback and weak earnings to move modestly higher. Key Earnings Overnight In addition to Apple and …

Dow Jones Futures Rise: Market Rally Extends Momentum As Apple Pops, Amazon Soars On Earnings Read More »

It appears that the end may be in sight for Intel’s beleaguered Optane memory business. Tucked inside a brutal Q2’2022 earnings release for the company (more on that a bit later today) is a very curious statement in a section talking about non-GAAP adjustments: In Q2 2022, we initiated the winding down of our Intel …

Intel To Wind Down Optane Memory Business Read More »

Comment on this story Comment Trader Joe’s workers at a store in Hadley, Mass., voted 45-31 to unionize, becoming the first at that company to do so, according to the National Labor Relations Board. The union’s victory in western Massachusetts follows a wave of successful union drives this year at high-profile employers that have long …

Trader Joe’s workers in Massachusetts vote to join union at one store Read More »