These are the stocks posting the largest moves in midday trading.
The threat of a transatlantic trade war is dominating Davos
The pressure is on the European institutions — but the question is how far are they willing to go?
Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last year
The tech industry has seen a string of layoffs in the face of uncertain economic conditions.
Stocks are pricing in more earnings erosion after first batch of reports
Stocks themselves have done some work to price in further risk of profit erosion, but surely not in all cases.
Airbus and Boeing jet delivery delays spark penalties battle
Airbus and Boeing are facing pressure over delays in delivering new jetliners.
Floods devastate Philippines as president declares ‘state of calamity’
The Philippines is ranked among the most vulnerable countries to climate-related disasters, but it is a minor contributor to global climate change.
Holiday sales fall short of expectations, set stage for tougher 2023 for retailers
Holiday sales fell short of industry expectations, as shoppers felt pinched by inflation and rising interest rates.
Markets fully price in quarter-point interest rate hike in February as inflation slows
Pricing Wednesday morning pointed to a 94.3% probability of a 0.25 percentage point hike at the Federal Reserve’s two-day meeting that concludes Feb. 1.
Ukraine’s Zelenskyy tells Davos supplies of Western tanks must outpace another Russian offensive
Ukrainian President Volodymyr Zelenskyy on Wednesday said the supplies of Western tanks must outpace another Russian attack.
Gen Z and millennials are leading ‘the big quit’ in 2023—why nearly 70% plan to leave their jobs
Even with a possible recession on the horizon, economist Karin Kimbrough expects that younger workers will continue to switch jobs at elevated rates in 2023.