Uber, Amazon and Facebook have slowed employment. Why others might follow.

Text size Uber is one of several technology companies that is slowing down employment and reducing consumption. Drew Angerer / Getty Images Facebook parent Meta platform , driving sharing service provider Uber technology and technology and online retail giant Amazon.com they announced a slowdown in employment in recent weeks. It’s all about reducing costs, says … Read more

Stock futures are higher after the S&P 500 fell to its lowest level in more than a year

US stock futures were higher on Monday night after the S&P 500 fell to its lowest level in more than a year. Dow Jones Industrial Average terms were up 92 points, or 0.3%. Futures on the S&P 500 and Nasdaq 100 rose 0.3% and 0.4%, respectively. Shares of AMC and Novavax moved after a few … Read more

Uber, Amazon and Facebook have slowed employment. Why others might follow.

Text size Uber is one of several technology companies that is slowing down employment and reducing consumption. Drew Angerer / Getty Images Facebook parent Meta platform , driving sharing service provider Uber technology and technology and online retail giant Amazon.com they announced a slowdown in employment in recent weeks. It’s all about reducing costs, says … Read more

Stock futures are higher after the S&P 500 fell to its lowest level in more than a year

U.S. stock futures were higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average terms rose 105 points, or 0.3%. Futures on the S&P 500 and Nasdaq 100 rose 0.3% and 0.4%, respectively. Shares of AMC and Novavax moved after a few hours … Read more

Public art projects funded for several areas in the Wabash Valley Local news

Indiana Destination Development Corp. has published more than $ 242,000 in 34 counties to fund 49 public art projects across Indiana. Several locations in the Wabash Valley received funding, including A&B Farmhouse in Brazil; the city of Sullivan; Greater Terre Haute Commerce of Commerce and Saint Mary-of-the-Woods College. Applicants were required to provide details including … Read more

EXPLANATION: Fears of a recession are growing. But how high is the risk?

WASHINGTON (AP) – Inflation is at its peak in 40 years. Stock prices are falling. Federal reserves make borrowing much more expensive. And the economy actually shrank in the first three months of this year. Is the United States in danger of enduring another recession, just two years after coming out of the last one? … Read more

Wall Street’s losses are exacerbated as markets fall around the world

NEW YORK (AP) – Wall Street is lowering to its lowest point in more than a year on Monday as new worries about China’s economy pile up in markets already hit by rising interest rates. The S&P 500 was 2.7% lower in afternoon trading after its fifth consecutive losing week, its longest in more than … Read more

Wall Street’s losses are exacerbated as markets fall around the world

NEW YORK (AP) – Wall Street is lowering to its lowest point in more than a year on Monday as new worries about China’s economy pile up in markets already hit by rising interest rates. The S&P 500 was 2.1% lower in afternoon trading after its fifth consecutive losing week, its longest in more than … Read more

Inflation prospects for consumers are record highs, according to a Fed study

A worker stores items at a store in San Francisco, California, May 2, 2022. David Paul Morris Bloomberg | Getty Images Consumers have become a little more optimistic about inflation in April, although they still expect to spend significantly more next year, according to a Federal Reserve survey released Monday. Inflation expectations fell to a … Read more

Inflation prospects for consumers are record highs, according to a Fed study

A worker stores items at a store in San Francisco, California, May 2, 2022. David Paul Morris Bloomberg | Getty Images Consumers have become a little more optimistic about inflation in April, although they still expect to spend significantly more next year, according to a Federal Reserve survey released Monday. Inflation expectations fell to a … Read more