‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market and more than half of Americans are living paycheck to paycheck, making them more vulnerable to recession

Hi, MarketWatchers. Don’t miss these top stories. ‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession People living paycheck to paycheck were more likely to have experienced financially distressing events at some point over the last three years. Read More … Read more

A dating job for unemployed youth

This Friday, June 24 from 8:30 a.m. to 4:00 p.m., the Guyana Employment Board and Rémire-Montjoly City Council are organizing a job dating for the first time. The purpose of this event is to create a meeting between employers and job applicants. The target audience is the youth. The venue is the Raphaël Galot Stadium, … Read more

Disney is seeing ‘resilient’ theme-park attendance despite turbulent economy, says analyst

In the face of turbulent economic times, Walt Disney Co.’s theme-park business could still see some magic. Bank of America’s Jessica Reif Ehrlich wrote Thursday that attendance at Disney DIS, -0.43% parks “remains resilient despite recent macro volatility as visitors rarely cancel trips once booked.” She added that the company move to cancel Disneyland annual … Read more

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc.. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and … Read more

Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market

Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, + 0.03% BRK.B, -0.21% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is an 85-year-old individual investor with 70 years of stock-trading experience. Kaplan grew up in a poor family in the Bronx, NY, but … Read more

Buy This Stock to Play the Comeback in Business Travel

American Express Global Business Travel offers corporate clients an integrated travel-management platform. It is paid by clients for arranging travel services, and gets payments from travel providers. Stephanie Keith / Bloomberg Text size American Express Global Business Travel offers investors an attractive play on the continued revival in business travel. No. 1 in a fragmented … Read more

Peloton Swaps Out Finance Chief as It Navigates Persistent Losses

Peloton Interactive Inc. is exchanging its top finance executive about four months after it named a new chief executive, a move that comes as the fitness-equipment maker navigates persistent losses. The New York-based at-home exercise equipment company on Monday said Liz Coddington will serve as its chief financial officer, effective June 13. Peloton said its … Read more

The “Awrach” program has created more than 30,000 job offers

In response to oral questions on the support of SMEs, which represent more than 94% of the national economic fabric and employ more than 70% of the labor force, the Minister of Economic Inclusion, Small Enterprise, Employment and Skills, Younes Sekkouri, put forward the interest that the government should support these companies. Sekkouri pointed out … Read more

Peloton Seeks Minority Investment to Shore Up Business

Exercise-bike maker Peloton has seen its stock fall after a period of high demand early in the pandemic. Photo: Jeenah Moon / Bloomberg News Peloton Interactive Inc. PTON -1.49% is exploring a sale of a sizable minority stake, in an effort to shore up its business as the once-hot bike maker’s stock continues to sink. … Read more