Americas

Just because a company bulked up doesn’t mean that layoffs are coming.

Mega-corporations have turned America’s job market upside down. They start again

Part of what has made the US job market so tight is that big, publicly traded companies have been hiring like crazy after the pandemic hit. Now that many are backtracking, it looks like a wave of unemployment is underway. The parent meta-platforms of Amazon, Disney and Facebook are all suddenly acknowledging that they have …

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The chip war between the United States and China spills over into Europe |  CNN Business

The chip war between the United States and China spills over into Europe | CNN Business

hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …

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President of Shopify: America's small businesses are the backbone of the economy

President of Shopify: America’s small businesses are the backbone of the economy

Shopify President Harley Finkelstein explains the impact of the pandemic on his business. A company president has his sights set firmly on the big success of America’s small business — and his company has a lot to do with it. Harley Finkelstein, who runs Shopify, told FOX Business in an interview this week, “It’s pretty …

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Everyone from the veterinarian to the hairdresser is raising prices.  And there's no relief in sight |  CNN Business

Everyone from the veterinarian to the hairdresser is raising prices. And there’s no relief in sight | CNN Business

Minneapolis CNN Business — When Teri Byrd opened her 4 Paws veterinary clinic in Vashon, Washington four years ago, her goal was to grow the business. And she succeeded – at first. But Covid has disrupted his business as it has for many others. After the first pandemic closures, his business was helped by federal …

Everyone from the veterinarian to the hairdresser is raising prices. And there’s no relief in sight | CNN Business Read More »

Home sales in the United States fall for the 9th consecutive month in October |  CNN Business

Home sales in the United States fall for the 9th consecutive month in October | CNN Business

U.S. home sales fell for the ninth straight month in October as soaring mortgage rates and high prices pushed buyers out of the market. Sales of existing homes — which include single-family homes, townhouses, condominiums and co-ops — were down 28.4% in October from a year ago and 5.9% from September , according to a …

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Global investors bullish on China again as Beijing shifts to damage control |  CNN Business

Global investors bullish on China again as Beijing shifts to damage control | CNN Business

hong kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in office and piled his best team with loyalists in a sweep not seen since Mao era. But last week, a series of unexpected moves from Beijing — the easing …

Global investors bullish on China again as Beijing shifts to damage control | CNN Business Read More »

The crypto crisis continues.  Here is the latest news on the collapse of FTX |  CNN Business

The crypto crisis continues. Here is the latest news on the collapse of FTX | CNN Business

New Delhi CNN Business — Aftershocks from Last Week’s Massive Trillion-Dollar Crypto Industry Earthquake Continued to Reverberate In Monday. Digital currency prices fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the largest cryptocurrency in the world, has fallen around 65% so far this year. It was trading at around $16,500 …

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What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business Read More »

What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business Read More »