December 18, 2023
“News media outlets have done away with nearly 2,700 jobs so far in 2023, the most since 2020, according to a new study. Data from outplacement firm Challenger, Gray and Christmas found media companies overall have made 20,324 cuts so far in… Continue Reading…
December 15, 2023
“Developing countries paid a record $443.5 billion in 2022 to service their public debt as global interest rates surged, according to the World Bank… The cost of servicing debt for the world’s 24 poorest nations could surge by as much… Continue Reading…
December 11, 2023
“Drug shortages in the U.S. have hit a record high and lawmakers warn they could mean life or death for millions of patients. A House committee is investigating what Congress can do to the supply chain to make sure doctors… Continue Reading…
November 29, 2023
“…Home prices in the 20 major U.S. metro markets were up 3.9% in the past 12 months ending in September. The August report saw a 2.5% rise in home prices year-over-year. A broader measure of home prices, the national index,… Continue Reading…
November 22, 2023
“…Symbotic, which creates robotic tech platforms powered by artificial intelligence (AI) to provide end-to-end supply chain solutions, reported fiscal fourth quarter revenue of $392 million, up from $244 million a year ago, and a net loss of $45 million compared to a loss of… Continue Reading…
November 17, 2023
“Volvo Cars shares tumbled as much as 14% on Friday morning after its parent company Zhejiang Geely Holding Group began a sale of around 100 million shares of the Swedish carmaker. …Volvo shares are down 25% year to date… Geely will… Continue Reading…
October 26, 2023
“The central bank for the 20 countries that use the euro left the rate it pays on deposits at a record-high 4.0%, reaffirming that the current level of borrowing costs may just be enough to tame inflation if kept there… Continue Reading…
August 8, 2023
“Home prices are ticking up again and reaching new highs in many markets across the country, according to a new report. Prices grew by 0.8 percent in June after slowing for more than a year, pushing prices to record levels in around… Continue Reading…
July 27, 2023
“Coal consumption increased by 3.3% to hit a fresh record high of 8.3 billion metric tons in 2022, the International Energy Agency said Thursday. According to the Paris-based organization’s Coal Market Update, demand increased “despite a weaker global economy, mainly driven… Continue Reading…
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