Challenger job cuts

Tesla Inc. (NASDAQ: TSLA) is reportedly adopting more austerity measures amid the tough macroeconomic situation. What Happened: Tesla told its employees that it was freezing hiring for now and would implement more job cuts in the first quarter, Electrek reported, citing people familiar with...

Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected Next week, earnings season continues with hundreds of companies set to report earnings. Also, there is a flood of economic data due out in the next week from around the world. Further, the Federal Reserve, the...

Futures Drop Into Shortened Trading Day On Weak Services PMIs, Geopolitical Fears U.S. equity futures declined in early pre-market trade ahead of the shortened trading day on weaker than expected services PMIs around the globe. Weak data from China to the eurozone weighed on sentiment overnight....

In the upcoming week, markets will eye key economic data points in the shortened week due to the Fourth of July holiday. To note, markets will be closed on Thursday and Wednesday is a shortened trading day for equities. Key Earnings The only notable company to report earnings next week is...

Futures Rise Ahead of Central Banks, Jobless Claims as Nikkei Approaches Bear Market Territory U.S. equity futures rose in early pre-market trade ahead of key interest rate decision from both the European Central Bank and the Bank of England. Also, the initial jobless claims report in the U.S. and...

In the upcoming week, all eyes will be on key economic data both domestically and around the world and markets will be especially sensitive to the effect of these data points on Fed policy. Concerns over Fed tapering its Quantitative Easing program sent markets whip-sawing in the previous week and...

Futures Higher On Central Banks U.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state of the economy. Today, the European Central Bank is set to release its interest rate decision and...

Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...