Money & The Economy

December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes

The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000 and cooling from the roughly 270,000 jobs…

4 years ago

Corporate Execs And Insiders Shy Away From Stocks In ‘Warning’ Sign For Economy

Despite crashing stock prices, corporate executives have been shying away from their companies’ stocks in the past six months, a…

4 years ago

Sales Software Firm Becomes Latest Tech Titan To Issue Layoffs

Salesforce, the owner of popular business communication app Slack and developer of other sales software, is planning to cut thousands…

4 years ago

Employee Turnover Is Devastating Productivity — And Businesses Have Had Enough

Employee turnover has surged since the pandemic, and the need to replace and train new employees at high volume has…

4 years ago

US Manufacturing Cratered In December At Fastest Rate Since Pandemic Began

The S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) fell at the fastest rate since May 2020 in December, a…

4 years ago

Majority Of Big Banks Predict Significant Economic Downturn In 2023: POLL

Of 23 major financial institutions that work directly with the Federal Reserve, 16 anticipate a recession within the next 12…

4 years ago

POLL: Small Businesses See Signs Of Hope After Brutal 2022

Despite a historically tight labor market, small business owners reported that hiring difficulties had eased in December, markedly improving compared…

4 years ago

Inflation Reduction Act Will Stall Economic Growth

On January 1st, the provisions of the Inflation Reduction Act (IRA) will take effect. President Biden said this act will…

4 years ago

As Other Automakers Push EVs, This Luxury Brand Drove Laps Around Them In 2022

While electric vehicle (EV) startups that once seemed promising saw their stock prices plummet far faster than the rest of…

4 years ago

There’s A Massive Red Flag That Could Spell Disaster For Americans’ Pension Plans

U.S. government pension funds currently have the lowest cash holdings since the 2008 financial crisis, and corporate pensions’ cash holdings…

4 years ago