Economy

5 things to know before the stock market opens Tuesday, November 29

5 things to know before the stock market opens Tuesday, November 29 Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Bounce back? Wall Street …

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Inflation hovers over shoppers seeking deals on Black Friday

Inflation hovers over shoppers seeking deals on Black Friday NEW YORK (AP) — Cautious shoppers hunted for the best deals at stores and online as retailers offered new Black Friday discounts to entice consumers eager to start buying holiday gifts but weighed down by inflation. Due to elevated prices for food, rent, gasoline and other …

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Recession will be an inch deep but a mile wide, says UBS strategist

Recession will be an inch deep but a mile wide, says UBS strategist Global economic conditions will shift next year and that’s going to flip which markets and sectors underperform, according to the chief strategist of UBS Investment Bank. Bhanu Baweja told CNBC’s “Squawk Box Europe” on Wednesday that between one-third and half of the …

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Wefox CEO ‘disgusted’ by mass tech layoffs: ‘These are humans’

Wefox CEO ‘disgusted’ by mass tech layoffs: ‘These are humans’ Wefox CEO Julian Teicke. wefox HELSINKI, Finland — The boss of European digital insurance startup Wefox offered a damning response to tech companies that have laid off workers en masse. The likes of Meta, Amazon and Twitter have laid off tens of thousands of employees …

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5 things to know before the stock market opens Tuesday, November 22

5 things to know before the stock market opens Tuesday, November 22 Trader on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. For the birds There are still two more trading days until Thanksgiving, but things are already slowing down …

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