Consumer discretionary stocks sink after surprisingly strong inflation data
[ad_1] The consumer discretionary sector was trading broadly lower Wednesday, after data showing inflation surprised to the upside in June and wages fell as a result. The SPDR Consumer Discretionary…
Apple, Amazon, Tesla stocks dive into the red after inflation data
[ad_1] Shares of technology behemoths, and electric vehicle maker Tesla Inc. , pulled sharp U-turns in premarket trading to dive into negative territory after data showing that inflation rose more…
Google plans to scale back hiring this year: report
[ad_1] Joining a long list of tech firms, Alphabet Inc.’s Google intends to reduce hiring for the rest of 2022 with the threat of recession, company Chief Executive Sundar Pichai…