Economy News Too Early To Call Impact Of Layoffs On Macro Economy
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Corporate profits are soaring even as layoffs mount. Economists call it a "jobless boom."
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand. Read More
Morning Bid: Selloff abates as economy hums, layoffs rise
The week's latest tech wobble calmed on Wednesday as service sector surveys impressed, although valuation concerns smoldered. Chip designer Qualcomm's stock fell back 4% overnight despite headline ... Read More
Government Shutdown, Gold Miners, AI Layoffs And More: This Week In Economy
From the potential impact of a government shutdown on the stock market to the future of AI companies and the gold mining industry, here are the top stories that shaped the week’s financial news. Read More
2024: The Year Of Layoffs
Is 2024 the year of layoffs? Understand the job market, interest rates, and economic environment, including impact of the Federal Reserve and corporate debt. Blue Jays' John Schneider delivers bold ... Read More
UCLA forecasts ‘stagflation-lite’ economy with higher inflation and unemployment
This is read by an automated voice. Please report any issues or inconsistencies here. The U.S. economy will be hampered in the coming months by the Trump administration’s tariffs, which along with ... Read More
Amazon layoffs highlight impact of AI, some experts say: 'Wake-up call’
The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a professor of operations, information and decisions at the University of ... Read More
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