Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...
‘I believe the economy is the biggest bubble in world history,’ says ‘Rich Dad, Poor Dad’ author Robert Kiyosaki: ‘God have mercy on us all’
“‘Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.”...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market
Real Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs [ad_2] Source link...
More trouble is brewing in the $24 trillion Treasury market: This time, it’s about central clearing
Efforts to reduce risks within the nearly $24 trillion U.S. Treasury market, the world’s deepest and most liquid securities market, are ironically creating angst among...
History says inflation could persist for a decade
If you are a retiree, or even near to retirement, you are probably more vulnerable to inflation than most. Your cost of living is probably...
Wall Street Sours on Coinbase, Signaling Broad Crypto Doubts
Markets Currencies Cryptocurrency Prices of exchange’s bonds and stock reflect anxieties after collapse of rival FTX and sharp declines in bitcoin [ad_2] Source link...
Finra Warns of Pump-and-Dump Frauds on U.S. Exchanges: WSJ
The Financial Industry Regulatory Authority, Wall Street’s self-regulator, alerted its members to what it calls “a heightened threat of fraud” associated with unusual price spikes...
Nightmare Before Christmas for Department Stores
Markets Heard on the Street Slowing sales in recent weeks make for a tricky setup for retailers ahead of the holiday season [ad_2] Source link...
Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy
Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks...