A view of the Evergrande Changqing community on Sept. 24, 2021, in Wuhan, Hubei Province, China. Getty Images | Getty Images News | Getty Images A slew of Chinese real estate developers said this week that they are either not able to release their financial results on time or have yet to set board meetings […]
The popular spring home-buying season is just ramping up. But one analyst is warning that it could be a bust. Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home sales will […]
US Federal Reserve Chairman Jerome Powell addresses an online only news conference in a frame grab from US Federal Reserve video broadcast from the Federal Reserve building in Washington, US, January 26, 2022. US Federal Reserve | via Reuters Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes […]
The Routing Company powers on-demand bus and shuttle service for public transit agencies. Courtesy: The Routing Company The Routing Company is rolling out apps that bring the convenience of on-demand ride-hailing to public transit. Led by CEO James Cox, formerly the global head of product operations at Uber, the 40-person Boston startup has developed rider, […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after best week since November 2020 Traders on the floor of the NYSE, March 18, 2022. Source: NYSE US stock futures were little changed Monday after strong gains last week that saw the […]
Text size Uncredited Earnings highlights this week include Nike on Monday, Adobe on Monday, General Mills on Wednesday, and Darden Restaurants on Thursday. Nvidia will hold an investor day on Tuesday and Moderna will host an event Thursday to discuss its vaccine pipeline. Economic data out this week will include the Census Bureau’s new-home sales […]
Gas prices in Westchester are above six dollars as prices at the pump continue to rise across the Southland on Sunday, March 13, 2022 in Los Angeles, CA. Jason Armond | Los Angeles Times | Getty Images Oil prices jumped even higher on Monday after Russia-Ukraine talks appeared to yield no sign of progress, and […]
The Tally 3.0 autonomous mobile robot scans inventory in a grocery store. Simbe Robotics Automation and robotics are typically associated with multi-million budgets at multi-billion dollar companies. But as the cost of technology has come down, it’s become more affordable to smaller companies — even small businesses. Outside of Atlanta in Jonesboro, Georgia, THAT Burger […]
Manufacturers with Russian ties are working to figure out how to survive, after sanctions leveled on Russia over recent weeks curb the flow of goods and money between the country and Western markets. Sanctions, and private companies’ moves to pull back from Russia, have upended operations for companies whose ownership and supply chains link back […]
The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and failed at for nearly four decades. […]
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