The number of new homes sold in a month just dropped the most in 2 years as rising mortgage rates rip into the housing market

Signs that the housing market is cooling are ramping up. The latest is a big dip in the number of new homes sold in June — the most in two years.
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The number of new homes sold in a month just dropped the most in 2 years as rising mortgage rates rip into the housing market

The number of new homes sold in a month just dropped the most in 2 years as rising mortgage rates rip into the housing market

Signs that the housing market is cooling are ramping up. The latest is a big dip in the number of new homes sold in June — the most in two years.

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UBS: Markets are pricing in a 40% chance of recession in the next 6 months, but these 22 stocks will survive the downturn
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UBS: Markets are pricing in a 40% chance of recession in the next 6 months, but these 22 stocks will survive the downturn

A "historically fast slowdown" might end in a recession, according to UBS. The firm shared 22 stocks that its analysts have high conviction in anyway.

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An internal Facebook memo calls for managers to cut workers who fall short of Meta's 'increased intensity'

An internal Facebook memo calls for managers to cut workers who fall short of Meta's 'increased intensity'

Facebook's HR chief is the latest executive to lay out increasing expectations for employees and call for job cuts to workers who don't meet them.

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Morgan Stanley: Buy these 48 inflation-fighting stocks as the Federal Reserve continues to raise interest rates to deal with surging prices everywhere
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Morgan Stanley: Buy these 48 inflation-fighting stocks as the Federal Reserve continues to raise interest rates to deal with surging prices everywhere

Four-decade-high inflation has hurt stocks and the economy. Morgan Stanley shared a list of 48 inflation-fighting stocks with bright futures.

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Despite higher grocery and gas bills, parents are still spending big on toys and games

Despite higher grocery and gas bills, parents are still spending big on toys and games

In the face of higher prices and supply-chain challenges, toymakers Hasbro and Mattel saw rising sales for their iconic toy portfolios.

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Meet the 12 fintech startups every small-business owner should know
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Meet the 12 fintech startups every small-business owner should know

Meet 12 financial-tech startups designed to help small businesses with everything from lending and expense management to corporate cards and more.

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EU agrees on emergency gas plan to cut consumption by 15% amid fears Russia could cut off supply

EU agrees on emergency gas plan to cut consumption by 15% amid fears Russia could cut off supply

The Council of the European Union said it wants to save gas consumption over winter in the event that Russia decides to reduce supplies.

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How to deal with jealousy at work
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How to deal with jealousy at work

In a survey of Americans, one in three respondents said they were "very jealous" of their colleagues, including 51% of Gen Zers.

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Bullish signs for stocks as UBS says earnings season has been 'far better than investors feared' so far. The bank's CIO lays out the 3 key ways you should be playing this market.
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Bullish signs for stocks as UBS says earnings season has been 'far better than investors feared' so far. The bank's CIO lays out the 3 key ways you should be playing this market.

UBS says earnings season has been "far better than investors feared" so far. The bank's CIO lays out the 3 key ways you should be playing this market.

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CHART: These tech-valuation metrics predicted the $10 billion Zendesk buyout. Here are the next top tech targets for private-equity acquisitions, based on the same data.
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CHART: These tech-valuation metrics predicted the $10 billion Zendesk buyout. Here are the next top tech targets for private-equity acquisitions, based on the same data.

Cyndx data shared with Insider in June highlighted Zendesk as a likely buyout target for private-equity firms. It was acquired a few weeks later.

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Wall Street: Goldman Sachs’ scorecards

Wednesday, July 27, 2022

The latest in finance. View in browser INSIDER INSIDER Subscribe 10 THINGS ON WALL STREET Hi. I'm Aaron Weinman. Goldman Sachs' "Strategic Resource Assessment," or SRA, enables the

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Cruise passenger embarrassed over wearing sweatpants for 15-day 'trip of a lifetime' after Air Canada failed to deliver her delayed baggage, report says

Tuesday, July 26, 2022

The airline vowed to deliver the bags to one of the ship's planned port stops, but they were instead sent to the couple's home in Ottawa, per the WSJ. View in browser Business Insider Business

Wall Street: This Paul Weiss rainmaker is cooked

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The latest in finance. View in browser INSIDER INSIDER Subscribe 10 THINGS ON WALL STREET Happy Tuesday, folks! Aaron Weinman here. Today I want to introduce you to Paul Weiss chair Brad Karp. His

Netflix's 'Selling Sunset' realtor Emma Hernan reveals the unglamorous side of selling LA houses, including gardening and crawling in tiny spaces

Monday, July 25, 2022

Celebrity realtor Emma Hernan of The Oppenheim Group said her job isn't full of the glitz and glam that Selling Sunset viewers expect. Here's why. View in browser Business Insider Business

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