: More than 238,000 global tech workers have been laid off so far this year
More than 1,000 tech companies have made layoffs in 2023, according to the website Layoffs.fyi
Mutual Funds Weekly: These money and investing tips prepare your portfolio for any October surprise
Money and investing stories popular with MarketWatch readers over the past week.
: Fisker’s stock falls after plans for offering additional convertible debt
Fisker's stock fell Friday after the electric-vehicle maker announced intentions to offer additional convertible debt to an existing institutional investor.
Economic Report: Consumer spending rises again, but it’s not all great. Higher gas prices play role.
Consumer spending rose a solid 0.4% in August, but the increase was exaggerated by higher gas prices that are pinching the budgets of U.S. households.
Economic Report: Inflation speeds up due to higher gas prices, PCE finds. But there’s good news, too.
The cost of goods and services rose a sharp 0.4% in August mostly because of higher gas prices. But inflation more broadly continued to slow.
: Structure Therapeutics shares surge after positive results in weight-loss trial, $300 million private placement
Structure Therapeutics Inc.’s American depositary receipts GPCR jumped more than 90% premarket on Friday after the company announced positive results from an early-stage trial of...
: Anheuser-Busch InBev upped to buy at Bank of America
Anheuser-Busch InBev BUD was upgraded to buy from neutral at Bank of America, which lifted its price target to $68 from $65. It said cost...
Ad spending for obesity, diabetes drugs is soaring this year, as drugmakers shell out nearly $500 million
The data demonstrates the rush by companies to capture new customers after months of hype around Novo Nordisk's Ozempic and Wegovy.
The Fed’s favorite inflation indicator rose less than expected in August
The personal consumption expenditures (PCE) price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain.