Declines continued for the traditional PC market as global shipments totaled 74.3 million units during the third quarter of 2022, the International Data Corporation disclosed. Cooling demand and uneven supply have contributed to a year-over-year contraction of 15.0 percent. However, shipment volumes remained well above pre-pandemic levels when commercial refreshes largely drove PC volumes due…
Credit Suisse Shares Slip Despite Moves to Soothe Investor Concerns
October 3, 2022
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ZURICH—Credit Suisse shares slid by as much as 11.5 percent and its bonds hit record lows on Monday amid concerns about the bank’s ability to revamp its business and bolster its capital after a string of losses precipitated a strategy reboot. Chief Executive Ulrich Koerner last week told staff that Credit Suisse, whose market capitalization…
The Reason That Good Economic News Is Bad for the Market
September 28, 2022
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Commentary Many of you may have noticed a recent trend whereby good economic news causes the stock market to fall. Theoretically, higher than expected gross domestic product (GDP), or lower than expected unemployment, would be good for the economy, corporate earnings, and the stock market. During normal times, and over the long run, that’s true….
The Dow Is in a Bear Market, What Does That Mean?
The Dow Jones Industrial Average, the oldest of Wall Street’s three main stock indexes, dropped 1.1 percent on Monday, extending the decline from its January peak to more than 20 percent, meeting a common definition for a bear market. Worries that the Federal Reserve’s war against decades-high inflation is pushing the U.S. economy into a…
Fire Breaks Out at World’s Biggest Produce Market in Paris
PARIS—A billowing column of dark smoke towered over Paris on Sunday from a warehouse blaze at a massive produce market that supplies the French capital and surrounding region with much of its fresh food and bills itself as the largest of its kind in the world. Firefighters urged people to stay away from the area…
Australia Is One of the World’s Richest Countries, Global Wealth Report Shows
Australia is among the richest countries in the world, ranked fifth in terms of household wealth on a country-by-country basis, with average wealth per capita rising above US$50,000, according to a Credit Suisse report. Australia, which accounts for just 0.5 percent of the global population, ranked fourth in the world for the number of millionaires as…
Australia One of the World’s Richest Countries, Global Wealth Report Shows
September 23, 2022
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Australia is among the richest countries in the world, ranked fifth in terms of household wealth on a country-by-country basis, with average wealth per capita rising above US$50,000, according to a Credit Suisse report. Australia, which accounts for just 0.33 percent of the global population, ranked fourth in the world for the number of millionaires as…
Entering Into a Saturated Market? You Can Still Succeed!
Article by Tommy Wyher Offering a superior service or product at the right price can help small businesses compete with corporate juggernauts. The demand is a huge aspect of business, as a new business is not always going to be guaranteed their products/services are widely needed. Entering a saturated market will require a company to innovate to set itself apart from…
Can You Guess Which City Is the Year’s Top Tech Talent Market?
To the surprise of perhaps no one, the San Francisco Bay Area was named the leading labor market for the U.S.-Canadian technology workforce in the Scoring Tech Talent 2022 report published by CBRE Group Inc.. What Happened CBRE used 13 metrics to measure each market’s depth and scope, with labor costs weighted more heavily than office…
The Housing Market in July
Commentary Housing markets in Canada are really upside down. Recently, Canada’s aggregate housing price index suffered the biggest decline in nearly 20 years. On July 6, CBC News—the Canadian public broadcaster—reported, “The Toronto Regional Real Estate Board (TRREB) said 6,474 homes were sold in the Greater Toronto Area last month, down by 41 percent compared…
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