The U.S. job market remains strong. But new federal data on layoffs, job openings and quits points to a continuing slowdown.
New York and California lost over $90 billion in income to low-tax states during Covid
The losses accelerated the trend of high-earners relocating to lower-tax states like Florida and Texas.
Ramit Sethi: How renting could make you richer than buying
Ramit Sethi, self-made millionaire and star of the new Netflix show “How To Get Rich,” explains why it can often be a better financial decision to rent than to own a home.
Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more
These are the stocks posting the largest moves in midday trading.
When Barbara Corcoran sold her company for $66 million, she didn’t know how much it was worth—here’s how she negotiated anyway
“Shark Tank” star Barbara Corcoran sold her real estate firm for $66 million, a number she chose out of luck, without knowing her company’s worth. Here’s how.
Job openings fell more than expected in March to lowest in nearly two years
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging “inflated” asset valuations, among other reasons.
Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs
For Morgan Stanley and others, the cuts show Wall Street is wrangling with a slump that’s dragging on for longer than expected
Chegg drops more than 40% after saying ChatGPT is killing its business
Chegg beat first-quarter expectations on the top and bottom lines, but issued a weak second-quarter revenue outlook.
Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec
Vijay Ayyar, Luno’s vice president of corporate development and international, resigned from the firm after seven years working there.