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US business activity falls at its fastest rate since May 2020

4 years 2 months ago
Business activity at private US companies in early August dropped off at some of the sharpest rates seen since the beginning of the pandemic as rising interest rates and high inflation crimped consumer spending, according to data released Tuesday.

Why teachers in Ohio's largest school district voted to go on strike

4 years 2 months ago
The day before classes are scheduled to start, teachers in Ohio's largest school system say they won't end their strike without improvements to what they describe as dilapidated schools where a lack of heating and air conditioning has led to miserable classroom environments.

Billionaire hedge fund manager Julian Robertson dies at 90

4 years 2 months ago
Billionaire investor Julian Robertson, whose Tiger Management once ranked among the world's biggest and most successful hedge funds and who trained several generations of prominent fund managers known as Tiger Cubs, has died at age 90.

These stock analysts are issuing $0 and $1 price targets

4 years 2 months ago
Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don't often issue overly skeptical research reports on the companies they cover. And they tend not to ask executives tough questions on earnings calls, leaning toward a more "Great quarter, guys!" approach.

What the Twitter whistleblower could mean for Musk's takeover deal

4 years 2 months ago
Elon Musk's monthslong effort to buy — and then to get out of buying — Twitter has been marked by a range of unexpected twists. Now, a stunning whistleblower disclosure from the company's former security lead Peiter Zatko is almost certain to become the latest complication.
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