Jul 08, 2022
Recession? What recession? Just don’t quit before lunch!

By Timothy Aeppel and Ann Saphir (Reuters) - Jay Baker is not worried about a recession. He worries about whether his new workers will keep leaving before the end of their first shift. The chief executive of Jamestown Plastics Inc,…

Jul 08, 2022
Investors fear earnings season will spark new equities selloff

By Danilo Masoni and Medha Singh MILAN (Reuters) - The upcoming corporate earnings season could prompt another sharp fall in global share prices with profit forecasts looking far too upbeat given mounting recession risks, investors and analysts warn. After shedding…

Jul 06, 2022
Factbox-Crypto lenders run into difficulties

(Reuters) - Crypto lenders, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment. Below are some of the…

Jul 01, 2022
Chip stocks hammered as Micron forecast signals waning demand

By Sayantani Ghosh (Reuters) - A handful of chipmakers including Micron and AMD have signaled waning demand as red-hot inflation squeezes spending, even as it eases a two-year global semiconductor shortage that has hit production of everything from cars to…