The Federal Reserve's efforts to cool heated inflation have resulted in a slowdown in the mortgage market. To calm the economy, the Fed raised interest rates twice this year and stopped its largest mortgage-bond buying program this spring.
Go Deeper (2 min read)Lockheed Martin Corporation is a multinational aerospace, defence, information security, and technology company based in the United States. It was founded in 1995 through the combination of Lockheed Corporation and Martin Marietta.
Go Deeper (8 min read)The fortunes of investors riding a 13-year bull market are being shattered by a dizzying reversal in technology-startup financing. The new climate has quickly brought high-flying businesses to a halt: layoffs, cautious investors, a fund outflow, and the threat of a valuation cut.
Go Deeper (3 min read)Last month, China's economy fell deeper into a Covid-19-induced slump, raising concerns about China's ability to cushion the hit using fiscal and monetary policy instruments.
Go Deeper (3 min read)Teradyne, Inc. is a North Reading, Massachusetts-based designer and manufacturer of automatic test equipment (ATE). Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments, and IBM are among Teradyne's high-profile customers.
Go Deeper (6 min read)
Despite the fact that union membership in the United States has been declining in recent years, workers at a number of corporations, including Amazon, Starbucks and Verizon, have recently chosen to unionise
Go Deeper (2 min read)
Apollo does not want to be a member of a private equity consortium that buys the social media business but would provide funding in the form of preferred shares.
Go Deeper (2 min read)
When a cybersecurity business in the United Kingdom went public last year, it promised to develop encryption technology that would shield the military industry, corporations, and consumers from the prying eyes of hyper-capable quantum computers.
Go Deeper (2 min read)
Affirm, located in San Francisco, is a publicly traded financial technology startup. The company, which was founded in 2012, is a financial lender that provides consumers with instalment loans that they can use to finance purchases at the point of sale.
Go Deeper (11 min read)
The cybersecurity business SailPoint Technologies announced on Monday that private equity firm Thoma Bravo will acquire it for $ 6.12B, in the latest deal that highlights the heightened interest in the security software market.
Go Deeper (2 min read)According to economists polled by The Wall Street Journal this month, the risk of the economy going into recession in the next 12 months is 28%, up from 18% in January and just 13% a year ago.
Go Deeper (3 min read)