Rising costs and tight budgets strain Americans ahead of midterm elections
Rising costs leave US workers juggling multiple jobs as financial security becomes increasingly elusive.
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Rising costs leave US workers juggling multiple jobs as financial security becomes increasingly elusive.
Joblessness, failing services and rising costs deepen hardship across the country.
On this episode of Stock Movers: - CoreWeave (CRWV) shares are moving as it remains at the center of the tech selloff this week. Shares in CoreWeave plunged 20% in the first three sessions of the week as its debt tumbled to levels that typically indicate distress. By Thursday morning, investors were pricing a more than 60% chance of a default within five years. - Apollo Global Management (APO) shares are responding to a price target downgrade from Morgan Stanley. - JB Hunt (JBHT) is lower as it aims to improve margins by raising prices after rising costs weighed on third-quarter profitability. (Source: Bloomberg)