A wave of layoffs looms for Wall Street

The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee. Jackyenjoyphotography/Getty Im.....»»

Fears of layoffs at Tesla had been building along with Wall Street's growing concerns. Smith Collection/Gad.....»»

SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»

Tesla Inc. shares surged Monday after the electric-car maker reported first-quarter deliveries that signal a "green tidal wave" is headed for the industry, according to one Wall Street analyst......»»

Instead of heralding a new wave of investor populism, the rise and fall of GameStop’s stock may end up reinforcing what professional investors have known for a long time: Wall Street is very good at making money......»»

Stimulus Shock: Democratic Senator Manchin Will "Absolutely Not" Support Biden $2,000 Stimulus Checks, Crashing "Blue Wave" Wall Street - which is now certain that the Democratic sweep will lead to trillions in new stimulus (Goldman ye.....»»

U.S. stock index futures fell on Monday following a strong week of gains for Wall Street, as investors turned cautious about a second wave of coronavirus infections with several countries reopening economies......»»

U.S. stock index futures dipped on Monday following a strong week of gains for Wall Street, as investors turned cautious about a second wave of coronavirus infections with several countries reopening economies......»»

Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases......»»

FireEye Inc. shares slipped in the extended session Tuesday after the cybersecurity company said it was laying off staff and forecast an outlook that fell short of Wall Street expectations. FireEye shares fell 5% after hours, foll.....»»

World Wrestling Entertainment, Inc. (NYSE: WWE) shares rallied more than 4% on Thursday morning after the company announced an aggressive round of talent layoffs and furloughs. read more.....»»

The biggest U.S. airlines reached an agreement in principle with the federal government on financial assistance aimed at preventing layoffs in an industry hit hard by the coronavirus pandemic, people familiar with the matter said......»»

Boeing Co is considering a plan to cut its workforce by about 10%, which could involve buyouts, early retirements and involuntary layoffs, the Wall Street Journal reported on Thursday......»»

Britain's Housing Market Freezes As Wave Of Delayed Mortgage Payments Looms One of the more unorthodox measures implemented by No. 10 Downing Street when it placed the e.....»»

Wall Street bonuses will fall roughly 30% this year, and firms are considering layoffs to preserve profits during the coronavirus recession......»»

U.S. home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the coronavirus pandemic, which has unleashed a wave of layoffs and left the economy teetering on the brink of a recession......»»

Rick Bowmer/ AP US jobless claims increased by 70,000 to 281,000 for the week ending Ma.....»»

U.S. stocks tumbled on Thursday, with shares of banks and travel companies taking a beating, as a new wave of fear about the spread of the coronavirus and its economic impact gripped investors just one day after election results powered a rally......»»

Wall Street did not like Nordstrom's results. It also should not like its insistence that physical stores are the wave of the future......»»

A round of job cuts is coming to Cisco Systems Inc. as the company — and nearly all of the rest of the tech industry — faces uncertain economic prospects for the near future. The Wall Street Journal reports that the networking equipment maker is p.....»»