Meta is downsizing at New York location it opened in 2019
Meta said it’s subleasing part of its facilities at Hudson Yards in New York, three years after agreeing to take over 1.5 million square feet there.
This ‘defensive’ software stock could jump 70% going forward, Mizuho predicts
Investors should consider buying Intuit heading into 2023 as a defensive way of gaining exposure to the software sector, according to Mizuho.
House Democrats elect Rep. Hakeem Jeffries as leader, the first Black person to lead congressional caucus
Jeffries, 52, was elected to leadership Wednesday alongside Reps. Katherine Clark, 59, and Pete Aguilar, 43, as the party’s new top three.
Job openings fell in October amid Fed efforts to cool labor market
The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the month.
More Americans tapping buy now, pay later for holiday gifts shows ‘how stressed the economy is,’ Harvard researcher says
With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping.
Amazon touts record sales over holiday shopping weekend
Amazon on Wednesday touted record-breaking sales over the five-day shopping period that began Thanksgiving Day and ended on Cyber Monday.
The most heavily shorted stocks include this little-known beauty company
Short interest surged in this skin care firm in the first half of the month.
Crypto collapse leaves media companies with budget holes as advertising dries up
The collapse of FTX and the ongoing crypto winter means a lot less ad spending will be coming from what was seen as an emerging industry.
Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October
Elon Musk has criticized Apple for years. Apple has mostly ignored him
The Tesla CEO’s furious tweets have highlighted just how much power the mobile juggernaut still has over the world’s richest person.
