The case for owning stocks over bonds is crumbling
The allure of owning stocks over less risky investments is at its lowest level in decades, according to one measure, despite the equity market’s race upward this year.
Read full article
The US dollar is king again. Here's why
The US dollar is enjoying its longest winning streak in nearly nine years.
Read full article
Norway's $1.4 trillion investment fund is shutting its China office
Norges Bank Investment Management (NBIM), which operates the world’s largest sovereign wealth fund, has started the process of closing down its office in Shanghai, in another sign of big global companies pulling back operations in the world’s second largest economy.
Read full article
Dating app Grindr loses nearly half its staff after trying to force a return to office
LGBTQ dating app Grindr ended its remote work policies and forced employees to relocate. Nearly half of its staff left.
Read full article
Kroger and Albertsons sell 400 stores to Piggly Wiggly's parent company
Kroger and Albertsons are selling roughly 400 stores to Piggly Wiggly’s parent company in an attempt to win antitrust approval for the mega merger between the grocery stores.
Read full article
Walmart cut starting pay for some new jobs
Walmart, America’s largest private employer, is paying some new hires less than it would have earlier in the year in a sign of a cooling labor market.
Read full article
Source: CNN Business