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S&P 500, Dow, Nasdaq slide after weak jobs report triggers recession fears

S&P 500, Dow, Nasdaq slide after weak jobs report triggers recession fears

Ankika Biswas, Shubham Batra and Medha Singh | Reuters Hedge funds, short selling, short squeeze, explained First GameStop, then silver. Reddit users are putting hedge funds...

Here’s where the economy stands as the Fed makes its interest rate decision this week

Jobs4 months ago

Here’s where the economy stands as the Fed makes its interest rate decision this week

The question: When will the Fed cut interest rates? The answer: When the data say so. And those various inflation measures probably haven’t said enough yet...

Nationwide plans 5% staff reduction in its insurance business over the next year

Bussiness4 months ago

Nationwide plans 5% staff reduction in its insurance business over the next year

Nationwide said Friday that it plans to reduce its headcount by about 5% over the next year. The insurer and financial services company said the cuts...

Kalamazoo debates downtown parking fee hike, local business owners weigh in

Bussiness5 months ago

Kalamazoo debates downtown parking fee hike, local business owners weigh in

KALAMAZOO, Mich. — Kalamazoo city commissioners might soon decide to increase parking rates in parts of downtown Kalamazoo. Specifically, it’d be near the Downtown Kalamazoo Mall...

Inflation is still too high for the Fed. Here’s how the rest of the economy doing

Jobs5 months ago

Inflation is still too high for the Fed. Here’s how the rest of the economy doing

The annual inflation rate appears stuck above 3% as another reading Wednesday showed. That’s more than a full percentage point above where Fed officials want to...

Want to make the world a better place? Have a child.

World6 months ago

Want to make the world a better place? Have a child.

The seeming indifference of many to below-replacement fertility rates sweeping across nations may stem from a disproportionate emphasis on practical matters that fail to stir the...

Severe weather increases homeowner insurance rates in Oklahoma, advises shopping around

Shopping7 months ago

Severe weather increases homeowner insurance rates in Oklahoma, advises shopping around

Tulsa, Okla. — If you own a home, you already know. Homeowners insurance premiums are rising, especially with the severe weather hitting our state. Glen Mulready,...