Tech stocks won’t return to 2021 highs even after the Fed slows or ends its rate hikes. Experts say the sector’s bubble was inflated and eventually burst by wider structural issues. As liquidity dries up and investor enthusiasm wanes, the sector could do well in 2023. Loading Something is loading. Thank you for your registration! …
Surbhi Gupta received an early morning email from Meta about the layoff Recent massive layoffs at major US tech companies have left many Indians working on non-immigrant visas such as the H1-B in limbo. Surbhi Gupta, product manager at Meta who was among those affected, spoke to California journalist Savita Patel about how it took …
Meta, Amazon and Twitter layoffs: ‘Tech layoffs won’t destroy Indian American dreams’ Read More »
Investors are trying to read the tea leaves on a choppy U.S. stock market to gauge whether its recent rise can continue after Federal Reserve Chairman Jerome Powell sparked bullish sentiment in late November by indicating that his aggressive stock hikes interest rates could slow. “Stock market management is telling you that the economy is …
Elon Musk sent a note to Twitter staff on Thursday confirming that job cuts would be announced on Friday.Carina Johansen/Getty Images Elon Musk isn’t the first – or necessarily the most powerful – to take on Apple’s App Store fees. Industry insiders from developers to CEOs have long denounced the 30% fee, dubbed the “App …
Image source: Getty Images You can still stick to your budget while shopping for gifts this holiday season. Key points The holiday season is approaching, so it’s time to make your shopping list. The following ideas are sure to please and won’t break your budget. Consider giving gifts like books, cozy socks, board games, and …
10 affordable gift ideas that won’t break the bank Read More »
Text size In today’s polarized political climate, President Biden’s loss of Congressional majority could lead to long delays in adequately addressing economic and financial market issues next year. Samuel Corum/Getty Images About the Author: Desmond Lachman is a Senior Fellow at the American Enterprise Institute. He was Deputy Director of the Policy Development and Review …
Tight markets need a working Washington. Traffic jam won’t help. Read More »
Minneapolis CNN — The economy was a priority for voters in the midterm elections, exit polls showed, adding even more weight to a much-anticipated inflation report due out on Thursday. The October consumer price index, which measures the change in the price of everything from pork ribs plane tickets, will provide the latest information on …
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN Business — The results of Tuesday’s midterm elections will determine the agenda for the …
The markets are in trouble. Election results won’t change that | CNN Business Read More »
