Новости за 13.10.2022

Gannett Co. Inc. GCI informed staff on Wednesday that it’s temporarily suspending its 401(k) match from Oct. 24 and mandating five days of unpaid leave in December, as part of a latest round of cost cuts. In a memo circulated by Editor & Publisher, Chief Executive Mike Reed said the publisher is also offering voluntary severance and will pause hiring apart from for key revenue and operating roles of others deemed critical. Further voluntary measures include a shorter work week or unpaid sabbatical from 1 month to six. Читать дальше...

1 key driver of higher inflation is finally showing signs of easing

It's been a tough recent run for Meta Platforms Inc., offering plenty of fodder for the bears.

Coronavirus Update: New data support booster shots targeting virus subvariants

K.C. Fed says cannabis has boosted economic activity in its district

This critical component could take a while to be reflected in inflation data.

Dow up more than 500 points after powerful intraday rebound

Kansas City Fed's district includes Colorado, which kicked off adult use sales in 2014 after voters approved cannabis in 2012.

Cadre founder and CEO Ryan Williams says the Cadre Horizon Fund aligns with his reason for launching the firm -- to widen access to private real estate.

Two families tell MarketWatch how they’ve cut back on their grocery bills.

Prime Medicine Inc. has set terms for its initial public offering, in which the Massachusetts-based biotechnology company, which utilizes gene-editing technology to develop therapies for a wide spectrum of diseases, looks to raise up $160.2 million. The company said it is offering 8.9 million shares in the IPO, which is expected to priced between $16 and $18 a share. With 94.34 million shares expected to be outstanding after the IPO, the pricing could value the company at up to $1.70 billion. Читать дальше...

Stocks rose sharply in volatile trade late Thursday morning, erasing a steep plunge seen after a rise in the core reading of the consumer price index sparked an across-the-board tumble. The Dow Jones Industrial Average was up 466 points, or 1.6%, after a drop of nearly 550 points, or 1.8%, in early activity. The S&P 500 rose 1.4% as it erased a loss of 2.39%, while the Nasdaq Composite rose 1.1% after dropping as much as 3.15%. If gains hold, the Dow would see its biggest comeback in percentage terms since May 20... Читать дальше...

Albertsons stock heads higher after report of Kroger takeover interest

U.S. stock indexes turn positive near midday

New York Attorney General Letitia James on Thursday said she is seeking several measures to stop former President Donald Trump and the Trump Organization’s from “continuing financial fraud” — including prohibiting the business from transferring assets to another entity without court approval. James in September filed a civil fraud lawsuit against Trump, some of his children and the Trump Organization, accusing the Trumps of falsely inflating the ex-president’s net worth. “The Trump Organization... Читать дальше...

While the Dow Jones Industrial Average has bounced into positive territory, market internals suggest the broader stock market is still falling. The number of declining stocks outnumbered advancers 1,800 to 1,136 on the New York Stock Exchange (NYSE) and 2,342 to 1,438 on the Nasdaq. And volume in declining stocks represented 51.2% of total volume on the NYSE and 57.2% of total volume on the Nasdaq. Meanwhile, the Dow rose 82 points, or 3%, with 18 of 30 components gaining ground, after being down as much as 550 points earlier. Читать дальше...

Shares of Albertsons Cos. Inc. were up more than 11% in Thursday morning trading after Bloomberg News reported that Kroger Co. was in merger talks with the smaller grocer. Kroger shares were down more than 2%. The report cited anonymous sources and noted that while a deal could be hammered out as soon as this week, talks could also fall through or be delayed. Shares of Albertsons were paused for volatility at 9:52 a.m. ET, and trading resumed five minutes later. Albertsons shares have gained... Читать дальше...

The Energy Information Administration on Thursday reported that U.S. crude inventories rose by 9.9 million barrels for the week ended Oct. 7. On average, analysts forecasted a climb of 2.2 million barrels, according to a poll conducted by S&P Global Commodity Insights. The increase came on the heels of a weekly crude stock decline of 7.7 million barrels in the Strategic Petroleum Reserve. The EIA, which reported its data a day later than usual due to Monday's holiday, showed a weekly inventory climb of 2 million barrels for gasoline... Читать дальше...

Shares of Laser Photonics Corp. blasted off again on heavy volume Thursday, after the laser-cleaning company said Coca-Cola Co. implemented its first CleanTech Handheld Laser Blasting system in beverage giant's manufacturing facilities. Coca-Cola will be using the laser-cleaning system to remove corrosion from its plastic bottle molds. "With our foot in the door, we can now focus on further penetrating similar and new use cases within the organization," said Laser Photonics Chief Executive Wayne Tupuola. Читать дальше...

President Joe Biden on Thursday said in a statement that a new report on the consumer price index “shows some progress in the fight against higher prices, even as we have more work to do.” Biden said Democrats’ big climate, healthcare and tax package is helping to lower costs for Americans, and he criticized Republicans for wanting to repeal the package, called the Inflation Reduction Act. “That’s the exact wrong thing to do in this moment. If Republicans take control of Congress, everyday costs will go up – not down,” the president said. Читать дальше...

Jan. 6 hearing today: What time it starts, what to expect and what comes next

Etsy’s stock tumbles 13% to pace the S&P 500's decliners

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 125 billion cubic feet for the week ended Oct. 7. That compared with the average analyst forecast for an increase of 123 billion cubic feet, based on a survey conducted by S&P Global Commodity Insights. Total working gas stocks in storage stand at 3.231 trillion cubic feet, down 126 billion cubic feet from a year ago and 221 billion cubic feet below the five-year average, the government said. Читать дальше...

Rex Nutting: The best measure shows inflation has now fallen to the Fed’s target

Welcome the increase, but be mindful of your spending in this high-inflation environment.