The S&P 500 indexrefuses to fall into a bear market—but that doesn’t mean it’s found a bottom just yet.
Not that it wasn’t a painful week. The S&P 500 dropped 3% and has now fallen 18.7% from its Jan. 3 all-time high. A slide of 20%, which it touched Friday before bouncing back, signifies a bear market. The Dow Jones Industrial Average declined 2.9%, its eighth consecutive week of losses, matching its longest losing streak since 1932. The Nasdaq Composite, already in a bear market, slid another 3.8%, and is down 28.2% from…
Housing costs are rising fast and there aren’t enough homes on the market nationwide to meet demand, and anyone looking to move is acutely aware of the competition and high cost to buy or rent a home. The Best Places to Live rankings factor in how the cost of living compares to the area’s median household income, but U.S. News & World Report also broke out the data into its own ranking.
Employees in many industries have seized on the pandemic’s upheaval to score higher pay, better benefits, flexible schedules, and more. While some gains will fade, a number of economic and demographic forces suggest workers have the edge.
This week The World Economic Forum are highlighting 4 top stories – millennial retirement savings, slingshot tech for satellite launches, China’s cheapest electric car, and Paris noise sensors
Timeline: 00:15 Millennial retirement savings 01:48 Slingshot satellite launches 03:46 China’s cheapest electric car 04:52 Paris installs noise sensors
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.