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Business, Economy

“Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading”

“Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office space is vacant, and nowhere in the country have residential real estate prices fallen further… Continue Reading…

Business, Economy

“BlackRock Bucks Bets on Plunging Inflation”

“BlackRock Inc. strategists say traders that have started to bet on a sharp slowdown in inflation are setting themselves up for disappointment. While they acknowledge that prices pressures are ebbing faster than expected, they contest consensus bets that see the… Continue Reading…

Stocks

“Stocks suffer their worst day since March, with the Dow plunging more than 1,800 points”

“Stocks suffered their biggest one-day pull-back in three months on Thursday as traders grew concerned about the number of  coronavirus cases increasing in some states that are reopening up from lockdowns. Shares that have surged recently on hopes for a smooth reopening… Continue Reading…