News on Finance, Money, markets and the economy
The Republicans recently suggested replacing Federal income taxes with a 30% sales tax on all consumption. After careful consideration, the…
The Federal Reserve is likely to further slow its historically aggressive pace of interest rate hikes at its Wednesday meeting…
GDP growth in the fourth quarter of 2022 was just reported to be 2.9%. That’s down slightly from the 3.2%…
The portion of Americans that are “severely delinquent” on their car loans in December hit the highest level since February…
Microsoft experienced its slowest quarter of growth in the last six years in the three months ending Dec. 31, less…
Major U.S. manufacturing firm 3M, the maker of Scotch tape among other popular office and industrial items, is cutting roughly…
Audio streaming platform Spotify is laying off 6% of its staff, becoming the latest in a series of tech firms…
Last week the public debt reached $31.4 trillion. According to the law, that is the maximum debt the federal government…
Google parent Alphabet has cut roughly 12,000 jobs across the company, affecting positions worldwide, CEO Sundar Pichai wrote in a…
Have you noticed there seem to be a lot of managers nowadays? It’s not just you. Professors at the Harvard…
Retail sales fell 1.1% in December, unadjusted for inflation, with consumers cutting back spending in almost all sectors except food,…
As we enter 2023, there are at least three major problems that economic policymakers will have to deal with. We…
Goldman Sachs lost just over $3 billion on its consumer credit and consumer technology unit from 2020 through the third…
Workday implementation can be complex and time-consuming. It takes a team of organizational experts, Workday consultants, and other company stakeholders…
Nearly all — 98% — of U.S.-based CEOs anticipate that America will face a recession in 2023, according to The…