August 06, 2024 Recession fears spooked investors this week, but this is what a soft landing should look like As a professor of business economics, I beg everyone, from investors to consumers to policymakers: Please calm down, take 10 deep breaths, and relax. BY The Conversation What a difference a job report makes. Earlier in the summer, … Continue reading Recession fears spooked investors this week, but this is what a soft landing should look like
July 11, 2024 Fewer Americans filed for unemployment benefits last week than expected Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 222,000 for the week ended July 6, the lowest level since late May, the Labor Department said on Thursday. BY Reuters The number of Americans filing new applications for unemployment benefits … Continue reading Fewer Americans filed for unemployment benefits last week than expected
Salad Fingers turned 20 this week and there’s a new episode out to commemorate it Feel old yet? This is what Salad Fingers looks like today. cheyenne macdonald Sat, Jul 6, 2024 It pains me to say this, but it’s been 20 years since David Firth’s Salad Fingers made its debut and irrevocably altered … Continue reading Salad Fingers turned 20 this week and there’s a new episode out to commemorate it
May 15, 2024 Junior Bank of America banker who died was working over 100 hours a week Wall Street has grappled for years with overwork among junior staff. BY Reuters The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working … Continue reading Junior Bank of America banker who died was working over 100 hours a week
April 26, 2024 Tech earnings week turns around after Google, Microsoft, and Snap delight Wall Street After a weak start to earnings season from Netflix and Meta, tech companies saw their fortunes reverse to close out the week on a high note. BY Michael Grothaus Until late (May 15, 2024), major tech stocks were having a … Continue reading Tech earnings week turns around after Google, Microsoft, and Snap delight Wall Street
Best Buy’s Geek Squad agents say they were hit by mass layoffs this week Agents who lost their jobs this week posted on the Geek Squad subreddit, and confirmed the news to 404 Media. Cheyenne MacDonald Sat, Apr 6, 2024 REUTERS / Reuters Geek Squad agents have been flooding Reddit with images of their … Continue reading Best Buy’s Geek Squad agents say they were hit by mass layoffs this week
By Michael Grothaus February 08, 2024 Layoffs continue to mount in the tech sector as the first week of February comes to a close. As of (March 08, 2024), some well-known companies are among those to announce significant job cuts. Those layoffs have now accounted for 33,874 job losses in the industry since the start … Continue reading Tech layoffs update this week: DocuSign, Grammarly, Amazon, Snap, Meetup cut jobs
By Michael Grothaus January 24, 2024 It’s been another brutal week for tech layoffs. In the past six days, numerous major tech companies have announced they are cutting jobs. The most recent is e-commerce juggernaut eBay, which has announced it will cut 9% of its workforce. Here’s the latest: Wayfair: Last Friday, digital home … Continue reading Tech layoffs tracker 2024: Job cuts at eBay, TikTok, and Wayfair this week
Snapchat Review: End-of-year recap rolling out this week, here’s how to see yours Graeme Hanna / Last Updated: Dec 12, 2023 A news flash from Snapchat has revealed how you can view your end-of-year recap on the app. As we move toward the end of the year, the update will be rolled out later … Continue reading Snapchat Review: End-of-year recap rolling out this week, here’s how to see yours
U.S. consumers spent $12.4 billion on Cyber Monday, up 9.6% YoY, demonstrating that consumers are willing to wait for substantial discounts. Chris Wood on November 28, 2023 Questions about consumer reluctance and lackluster discounts were answered by strong Cyber Week numbers this year. Over the five days from Thanksgiving to Cyber Monday online shoppers spent … Continue reading Strong Cyber Week sales show consumers are willing to spend
