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Daily Business Review

Housing Sentiment Sinks to Lowest in More Than Decade

Sentiment hasn't been as bad since the post-global financial crisis era, when home values plunged as borrowers struggled to make payments, leaving millions facing foreclosure.
3 minute read

Daily Business Review

Meme-Stock Frenzy Baffling Wall Street's 'Smart Guys'

AMC Entertainment was among the five most purchased stocks on Reddit's WallStreetBets platform and saw trading volume triple what's been normal over the past month.
4 minute read

Daily Business Review

Worst Yet to Come for Credit Markets, Investors Say in Survey

With the Federal Reserve raising interest rates at the fastest pace in decades, nearly three-quarters of U.S. corporate-bond investors responded to a recent survey said that tighter monetary policy is the biggest risk facing the corporate-debt market.
5 minute read

Daily Business Review

Bitcoin Believers Are Back to Watching Stocks After Crypto Crash

Stocks are mostly up over the last few weeks and so is Bitcoin, which has added roughly 25% since the start of July.
4 minute read

Daily Business Review

Wall Street Strategists Say Stocks Rally at Odds With Profit Outlook

Strategists at Morgan Stanley and Goldman Sachs Group Inc. expect corporate profit margins to contract next year given unrelenting cost pressures.
3 minute read

Daily Business Review

What's in Democrats' Big Bill? Climate, Health Care, Savings

The estimated $740 billion package includes capping prescription drug costs at $2,000 out of pocket for seniors, helping Americans pay for private health insurance and what Democrats are calling the most substantial investment in history to fight climate change.
7 minute read

Daily Business Review

Florida Jobless Claims Remain Low Amid Economic Concerns

Gov. Ron DeSantis is promoting the need for infrastructure projects as one brace against an economic slowdown.
5 minute read

Daily Business Review

Meta Delays Job Offers for Summer Interns, Making Gen Z Sweat

Meta told interns that it would delay deciding whether to hire them, giving the company extra time to assess staffing needs.
5 minute read

Daily Business Review

Florida Transportation Dept. Pumps Brakes on Turnpike Extension

The Department of Transportation said that feedback turned up concerns with "portions" of all four proposed routes to extend Florida's Turnpike northwest from Wildwood.
3 minute read

Daily Business Review

New Crypto Oversight Legislation Arrives as Industry Shakes

This year, crypto investors have seen prices plunge and companies crater with fortunes and jobs disappearing overnight, and some firms have been accused by federal regulators of running an illegal securities exchange.
5 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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