Economic Indicators

Investors rethought putting their money into hedge funds, leading to a net outflow of $55 billion in assets, making it the largest capital flight from the industry since 2016.

Wayfair announced Friday that its laying off more workers as it continues to thin out management and become more agile in the current economic environment.

WeWork announced Thursday that it's cutting hundreds of jobs as it continues to streamline operations and optimize its portfolio amid the uncertain economy environment.

The average rate on a 30-year fixed mortgage fell to 6.15% on Thursday from 6.33% last week, according to mortgage buyer Freddie Mac. A year ago, the average rate was 3.56%.

Nearly half of Americans who are paying checking account fees every month say they are sacrificing their level of preparedness for a recession in doing so, according to a new report.

The Federal Reserve's Beige Book, which monitors businesses' sentiments, is full of pessimistic outlooks on the economy driven by high inflation and slow growth.

Party City has filed for Chapter 11 bankruptcy protection as persisting inflations dampens sales. It marks the latest in a line of companies that are facing similar struggles.

Data from Layoff.ai shows over 25,000 global tech workers have lost jobs in the first few weeks of the new year, underscoring how troubles persist in the tech industry.

Treasury Secretary Janet Yellen will host high-level meetings with the Chinese in an effort to ease tensions between the two countries.

During an interview during NRF 2023: Retail’s Big Show, Macy's CEO Jeff Gennette said gift giving periods 'were quite strong' but that there was a decrease in self purchases.

The U.S. Securities and Exchange Commission requires executives and directors to report share sales publicly, allowing investors to track their trading activity.

The Federal Aviation Administration's outage that led to flight delays and cancellations across the U.S. was due to the actions of personnel who "failed to follow procedures."

Quiet hiring has been a tactic utilized by employers for decades but now, companies are leaning on it more than ever in order to weather the uncertain economy.

Mortgage rates dropped this week despite the Federal Reserves fight against inflation. Both the 30-year and 15-year FRM dropped since last week.

Former Council of Economic Advisers acting Chairman Tyler Goodspeed discusses how inflation could look in 2023 following the release of the December CPI.

The Labor Department released new inflation data set on Thursday, revealing just how hot consumer prices ran in December as the Fed tries to cool the economy.

The cost of eggs in November more than doubled what it was a year ago, according to recent data from the Bureau of Labor Statistics. Egg prices have gone up in part because of bird flu.

Glassdoor's Best Places to Work 2023 list features employers across multiple industries, including technology, finance and real estate.

The American Gas Association pushed back against a potential gas ban calling the removal of the appliance "reckless" and "not substantiated by sound science."

Goldman Sachs plans to lay off more than 3,000 employees this week, a source familiar with the matter said. However, the firm will still continue to strategically hire.