Alex Veiga
The Associated Press
Los Angeles, CA, United States
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Past articles by Alex:
US rent growth easing, but remains a burden for many tenants
The cost of renting an apartment is easing after skyrocketing in recent years, though it remains painfully high for many Americans. The U.S. median rent... → Read More
Disney to cut 7,000 jobs in Iger's company 'transformation'
LOS ANGELES (AP) — The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger. The job cuts... → Read More
Disney to cut 7,000 jobs in Iger's company 'transformation'
The job cuts amount to about 3% of the entertainment giant's global workforce and were unveiled after Disney reported quarterly results that topped Wall Street’s forecasts. → Read More
Disney will cut 7,000 jobs, slash $5.5B in costs
The job cuts amount to about 3% of the entertainment’s global workforce. → Read More
Disney will cut 7,000 jobs, slash $5.5B in costs
The job cuts amount to about 3% of the entertainment’s global workforce. → Read More
Disney will cut 7,000 jobs, slash $5.5B in costs
The job cuts amount to about 3% of the entertainment’s global workforce. → Read More
2022 was slowest year for US home sales in nearly a decade
LOS ANGELES (AP) — U.S. home sales tumbled to the slowest pace in nearly a decade as soaring mortgage rates and sky high prices in 2022 pushed homeownership out of reach for many Americans. The Nat… → Read More
S&P 500 closes out dismal year with worst loss since 2008 – Twin Cities
Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 since 2008. → Read More
S&P 500 closes out dismal year with worst loss since 2008
Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 since 2008. The benchmark index finished with a loss of 19.4% for 2022 — its worst loss since the financial crisis 14 years ago and a painful reversal for investors […] → Read More
S&P 500 closes out dismal year with worst loss since 2008
Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 since 2008. The benchmark index finished with a loss of 19.4% for 2022 — its worst loss since the financial crisis 14 years ago and a painful reversal for investors […] → Read More
Mortgage rates’ rise has led to wide gap with US bond yields
LOS ANGELES (AP) — Economists are baffled by a wider-than-usual divergence between long-term mortgage rates and the yield on the benchmark U.S. government bond that is driving a sharp rise in borro… → Read More
Rocky ride: Tesla stock on pace for worst year ever
LOS ANGELES (AP) — Owning Tesla stock this year has been anything but a smooth ride for investors. Shares in the electric vehicle maker are down nearly 70% since the start of the year, on pace to finish in the bottom five biggest decliners among S&P 500 stocks. By comparison, the benchmark index is down […] → Read More
Rocky ride: Tesla stock on pace for worst year ever
LOS ANGELES (AP) — Owning Tesla stock this year has been anything but a smooth ride for investors. Shares in the electric vehicle maker are down nearly 70% since the start of the year, on pace to f… → Read More
Rocky ride: Tesla stock on pace for worst year ever
Owning Tesla stock this year has been anything but a smooth ride for investors. → Read More
Rocky ride: Tesla stock on pace for worst year ever
Owning Tesla stock this year has been anything but a smooth ride for investors. → Read More
Wall Street ends higher, still winds up with 3rd weekly loss
A choppy day on Wall Street ended with broad gains for stocks Friday, though most of the major indexes wound up with their third weekly loss in a row. → Read More
Stocks waver on Wall Street after mixed data on the economy
Stocks wavered in afternoon trading on Wall Street Friday and headed for weekly losses as investors reviewed mixed news on the economy. The S&P 500 shook off an early loss and inched up 0.3% as of 2:17 p.m. Eastern. The Dow Jones Industrial Average was up 101 points, or 0.3%, to 33,135 and the Nasdaq […] → Read More
Wall Street gains ground, turning higher for the week
Stocks closed broadly higher on Wall Street Wednesday and pushed major indexes into the green for the week, as investors welcomed a report showing consumer confidence is holding up better than expected. The S&P 500 and Nasdaq composite each rose 1.5%. The Dow Jones Industrial Average gained 1.6% with a lot of help from Nike, […] → Read More
US home sales fell in November, the 10th consecutive month
Existing home sales fell 7.7% last month from October to a seasonally adjusted annual rate of 4.09 million, the National Association of Realtors said Wednesday. → Read More
US home sales fell in November, the 10th consecutive month
Existing home sales fell 7.7% last month from October to a seasonally adjusted annual rate of 4.09 million, the National Association of Realtors said Wednesday. → Read More