Business
2 views
The stock market is driving the economy in one major way
The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be possible
Marketwatch Verified Source
Syndicated via official news feed
Explore all Business stories
Syndicated feed content with full publisher credit.
Business Desk
More in Business
Continue reading verified coverage and related developments on this desk.
More from Business
Latest developments and reports from the desk
BUSINESS
The struggle to shut down the illegal tobacco trade
There's been an “explosion” in the sale of illegal tobacco in Scotland, according to Trading Standards.
BUSINESS
Apax Lines Up About €1 Billion Debt to Buy Gerresheimer Units
Bankers are lining up about €1 billion ($1.2 billion) of debt financing to back Apax Partners’s purchase of two businesses from packaging firm Gerresheimer AG.
BUSINESS
Uber to Cut 3,300 Jobs in Management Overhaul
Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.…