Laid off Tech workers quickly find new jobs
Tech workers laid off by Meta Platforms, Google, and Twitter are finding new jobs at a record pace. Layoffs offered severance helping workers develop new skills.
Tesla used car price bubble pops, weighs on new car demand
As more car companies start to produce EVs, Tesla's competitive advantage has dwindled. Tesla's production capacity means that buyers no longer wait months for delivery.
New year's financial resolutions: Americans plan to take caution in 2023
New Year’s financial resolutions include saving more money and paying down debt, according to a survey by Fidelity Investments. Here’s how to keep your finances on track in 2023.
Most 'recession-proof' jobs in 2022
Payscale recently put out a report identifying what it called the most "recession-proof" jobs this year, all of which it said saw double-digit increases in pay, including waiter/waitress, banker and media director
Santa Claus rally, FTX fallout, and restart of Keystone top week ahead
The unravelling of FTX founder Sam Bankman-Fried's crypto empire, Boeing's safety exemption, the housing market, and bids to refill the Strategic Petroleum Reserve (SPR) with oil are driving markets.
Economic index falls for ninth straight month, flashing recession warning
The Conference Board's Leading Economic Indicators index fell for the ninth straight month, signaling that a recession is looming on the horizon in the U.S.
Blue-chip stocks plummet, pulling Dow lower as Grinch makes home on Wall Street
The Dow Jones Industrial Average is down Thursday as some of the indices’ key stocks nosedive
US economic growth revised up to 3.2% in third quarter in show of resiliency
The U.S. economy expanded in the third quarter after shrinking in the first half of the year, but economists remain worried about a recession in 2023.
Is the US economy headed for a recession in 2023? Majority of economists say yes
The Federal Reserve is likely to tip the U.S. economy into a recession with its aggressive interest rate hike campaign, according to a survey of economists.
Stock market worries, crypto fallout, and doubts of a Santa Claus rally top week ahead
Federal Reserve interest rate hikes, SBF's trial, crypto winter, high inflation, a looming recession, and crime killing retail come like coal in one's stocking.
Bonds give recession signals
Signals in the investment-grade corporate bond market suggest a recession, says market expert Adam Kobeissi, who expects continued jobs cuts and bond issuance.
Larry Kudlow: The omnibus spending bill is 'antithetical to economic prosperity'
Larry Kudlow calls out Federal Reserve chair Powell for not calling on Congress to stop federal spending and blasts GOP leaders for working with Dems on the omnibus spending bill on 'Kudlow.'
Larry Kudlow: Save America and kill the omnibus spending bill
FOX Business host Larry Kudlow analyzes the Federal Reserve's announcement on the economy and urges Republican senators to vote "no" on the omnibus spending bill on 'Kudlow.'
CFO optimism falls for third quarter to 2020 low
Optimism among CFOs about their own companies dropped for a third consecutive quarter, marking the lowest it’s been since 2020, according to a Deloitte survey.
Oracle spends like there is a big tomorrow
Oracle is spending huge sums to undercut Microsoft and Amazon Web Services in cloud computing, while others are preserving cash amidst recession fears.
After November CPI report, ex-Treasury economist warns of major 'shock' to US economy
A market expert panel weighs in on November's Consumer Price Index coming in cooler than expected, and warned the Federal Reserve is looking in the rearview mirror.
Looks like the inflation Grinch plans to stick around. Buckle up, America
It's the holiday season but millions of Americans are suffering the effects of high inflation. And new PPI data reveals that inflation is even higher than we thought just last month.
Brace for a recession in 2023 as job losses top 2 million, Citi says
Citi economists said in a report this week that they are expecting an economic recession in 2023 as a result of the Fed's interest rate hike campaign.
Fed to keep interest rates high all next year, making a recession very likely: Survey
High inflation will likely keep the Fed on track to continue raising interest rates well into 2023 as policymakers try to crush stubbornly high prices.
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.