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Business

Prologis Offers to Buy Duke Realty in Nearly $24 Billion Deal

Prologis Offers to Buy Duke Realty in Nearly $24 Billion Deal

prolog Inc., PLD -5.26% the world’s largest owner of warehouse space, said it offered to buy Duke Realty Corp. DRE 3.92% in a nearly $24 billion deal, a vote of confidence in the e-commerce business at a time when investors are getting nervous about its growth. Prologis controls a 1 billion square foot global network […]

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Markets

Dow Falls for Fourth Straight Day

US Stocks Turn Lower, Extending Selloff

US stocks swung between gains and losses on Tuesday as uncertainty over inflation, interest rates and the economy continued to weigh on the market. All three major indexes opened higher, with the technology-heavy Nasdaq Composite up 2.8% at one point. By late morning, stocks had mostly erased those gains and appeared on track to extend […]

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Artificial intelligence

Malbek enriches AI functionality and adds CLM Value Assessment Tool in recent update

KM World Covers

Malbek, providers of an AI-fueled Contract Lifecycle Management (CLM) platform, is introducing availability expanded platform capabilities and a new CLM Value Assessment tool, putting the spotlight on real time Redline Recommendations. Using the platform’s proprietary Lifecycle AI running NLP Heuristics with Semantic Analysis, this functionality helps to identify all contracts with similar asks received from […]

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Markets

Here are 4 reasons why market volatility is unlikely to soon subside

Here are 4 reasons why market volatility is unlikely to soon subside

The list of reasons why the financial market’s wild swings can keep going and even worsen is growing by the day — starting with the fact that investors aren’t yet pricing in worst-case scenarios for inflation and the US economy. Though Wednesday’s consumer-price index report for April should offer more clues, the data won’t entirely […]

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Personal Finance

American household debt continues to march higher, driven by one major factor and should you tell your coworkers your salary — or keep it a secret?

Is Netflix cracking down on password sharing and how to position your investments before the Fed causes a bear market

Hi, MarketWatchers. Don’t miss these top stories. The 10 most popular cities that Americans moved to last year — and four are in this one state Here’s a hint: No New York or California cities made the Penske list of ’10 Moving Destinations for 2021,’ but plenty of Southern cities did. Read More ‘Open discussion […]

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Mobile

How Citizens Financial used an iPhone plan to create a nationwide digital bank

How Citizens Financial used an iPhone plan to create a nationwide digital bank

Citizens Financial Group Inc. launched its Citizens Pay iPhone upgrade plan in 2015 as an early form of the buy-now-pay-later concept that’s in vogue in the payments space. The idea was to take the Citizens CFG, -0.96% brand as a credit provider and combine it with Apple’s AAPL, +1.61% iPhone to help customers avoid waiting […]

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Markets

No, the markets are not panicking about inflation

No, the markets are not panicking about inflation

If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the reason the Federal Reserve is jacking up interest rates. It’s the reason the stock market has been plunging. It’s a […]

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Economy

Opinion: Keep calm — there’s no recession on the way. These 13 stocks may rise as investors figure this out

Opinion: Keep calm — there's no recession on the way. These 13 stocks may rise as investors figure this out

A so-called hard landing of the US economy is not going to happen. It’s a false fear. We may have a bumpy landing, but the odds of hard landing — a possible recession — are low for the reasons below. If I am right, it confirms what extremely negative sentiment is already telling us: Stocks […]