The typical home seller is asking for 9% more than what the home eventually sells for, Redfin data show
MarketWatch
Trump blames Biden for stock-market fall, a year after taking credit for stock-market climb
President Donald Trump on Wednesday blamed his predecessor, former President Joe Biden, for the stock market’s weak performance, as the main U.S. indexes headed for losses after a report showed the economy has contracted.
U.S. businesses pull back from hiring due to unease about outlook, ADP says
U.S. companies added 62,000 jobs in April, the ADP National Employment Report showed on Wednesday. Economists polled by the Wall Street Journal had forecast a gain of 120,000 jobs.
Another sign we may be heading into a recession: Some Beyoncé tickets are selling for under $80
The good news for Beyoncé fans: Prices have been dropping for the “Cowboy Carter” tour on resale markets. The bad news: Experts say this could signal broader economic problems.
Why emerging-markets guru Mobius is 95% in cash
Mark Mobius, the self-styled ‘father of emerging markets,’ has spent his entire career in an asset class notorious for its volatility and his pronouncements on have long been interpreted as sanguine.
Americans boosted spending last month — but mainly to avoid tariff price increases
Consumer spending climbs 0.7% in March. Auto sales surge.
Inflation slowed in March — but that was before trade wars threatened to raise prices
PCE shows inflation rate decelerating to 2.3%
Norwegian Cruise Line expects profit to miss estimates as it faces ‘macroeconomic volatility’
Norwegian Cruise Line’s stock fell more than 8% in premarket trading on Wednesday after the cruise operator warned it expects to fall short of Wall Street analyst estimates for its second quarter as it faces an uncertain economic outlook.
Etsy vows to stay ‘nimble’ amid tariff fallout and ‘fluid’ consumer confidence
“The first quarter of 2025 played out largely as expected,” Etsy said.
Humana’s exit of some ‘unprofitable’ Medicare plans helps fuel a big profit beat
While Humana affirmed its full-year profit outlook, which can be viewed as a positive in the current uncertain economic environment, quarterly revenue came up a bit shy, and the earnings outlook for the current quarter was below Wall Street projections.