Economists predict that soaring interest rates and falling prices will mark the end of the 13-year British property market boom, which could lead to a fall in property prices. Matt Cardy | Getty Images News | Getty Images LONDON — Britain’s property market could be on the verge of a major downturn, with some market …
UK property market risks major downturn as recession fears loom Read More »
US stocks tumbled on Monday but ended the day lower as Wall Street awaited another round of earnings and key data from the retail sector. The S&P 500 (^GSPC) fell 0.9% on the day, while the Dow Jones Industrial Average (^DJI) fell 0.6%, or more than 200 points. The tech-heavy Nasdaq Composite (^IXIC) fell 1.1%. …
Live stock market news updates: Stocks swing and end lower as retail earnings loom Read More »
When Instacart lowered its internal valuation from $39 billion to $24 billion in March, many in the VC ecosystem wondered if other startups would follow in the grocery delivery specialist’s footsteps. Several months later, Stripe, one of the largest and most watched venture capital-backed companies, made a similar move. The fintech specialist reduced the value …
More Late Valuation Cuts Loom as Startups Miss Revenue Targets | PitchBook Read More »
