Layoffs surged 98% in 2023; It could get worse this year
Layoffs in the U.S. jumped 98% in 2023 as companies battled deteriorating market and economic conditions – and more job cuts could be coming this year.
There's a 'zero-percent chance' US avoids recession this year: James Iuorio
TJM Institutional Services director James Iuorio predicts a 'longer' economic lag this year.
World leaders debate global carbon tax at World Economic Forum
A group of leaders from around the world discussed a potential global carbon tax during a panel on the world economic outlook on the final day of the World Economic Forum.
Howard Buffett says private sector can increase investment in Ukraine
Philanthropist Howard Buffett is pleading for more support for Ukraine, saying if the war-torn country doesn't receive aid there could be significant impacts to the U.S.
AI will create long-term ‘job disruptions,’ CEO of Big Four firm says
Despite artificial intelligence's growing prevalence in work and personal life, KPMG's CEO is optimistic that the U.S. economy can absorb what will be a "shock" to markets.
Walmart US CEO John Furner: How he leads the nation's largest private employer
A pillar of John Furner's leadership at the helm of Walmart U.S. involves creating a network of people he can listen to for advice, especially during difficult times.
Biden administration’s electric push will ‘haunt’ struggling restaurant industry, ‘Bar Rescue’s’ Taffer says
'Bar Rescue' Executive Producer and host Jon Taffer on the impact phasing out gas-powered stoves will have on restaurants and what it could mean for the struggling industry
Rick Rieder foresees 'outbreak of normality' in economy despite recession concerns
BlackRock Global Fixed Income CIO Rick Rieder joins 'Barron's Roundtable' to discuss the 'new normal' for inflation and the U.S. economy.
Existing home sales experience lowest in nearly 30 years
'Barron's Roundtable' panelists discuss tips for buyers and sellers.
Stocks hitting new high despite concerns rate cuts will be delayed
'Barron's Roundtable' panelists offer their market outlook as the DOW and S&P 500 hit record highs.
Homebuyers are still very active despite a rough 2023: Mike Miedler
Century 21 CEO Mike Miedler says supply and demand issues are putting some homebuyers in a tough spot on 'The Claman Countdown.'
Fed's Daly warns it would be 'premature' to think rate cuts are around the corner
Federal Reserve President of San Francisco Mary Daly on Friday warned that it would be "premature" to assume that interest rate cuts are around the corner.
Premature to think Fed rate cuts are around the corner: Mary Daly
San Francisco Federal Reserve President Mary Daly gives her outlook on the U.S. economy and discusses the Fed's interest rate plan on 'Making Money.'
Sports Illustrated lays off 'significant' amount of staff after license revoked, owner vows to continue brand
The future of the Sports Illustrated is uncertain as "possibly all" staff will be laid off, after the magazine's publisher missed a payment, effectively breaking a licensing deal.
Stable operating environment is ‘very positive’ for businesses: Chris Oberbeck
Saratoga Investment Corporation CEO Chris Oberbeck and Fitz-Gerald Group principal Keith Fitz-Gerald join ‘The Claman Countdown’ to discuss the state of the U.S. economy and the markets.
San Francisco's largest mall loses more retailers as exodus continues
Westfield San Francisco Centre in downtown San Francisco continues to see tenants pack up and leave, and is now reportedly only 25% occupied as more shops shutter.
Ted Jenkin warns of Bidenomics' impact on income
oXYGen Financial CEO & co-founder Ted Jenkin discusses Biden touting his economic vision and the impact on Americans' income.
Biden's border mess has gone way too far: Christina Pascucci
California Democratic Senate Candidate Christina Pascucci discusses Biden's dwindling support from minority voters and her race against Adam Schiff for Dianne Feinstein's vacant seat on 'The Big Money Show.'
Existing home sales tumbled to lowest level since 1995 last year
The sale of previously owned homes fell in December, capping out the worst year for home sales since 1995 amid the astronomic spike in mortgage rates.
Wayfair to cut 1,650 jobs a month after CEO says employees should be 'working long hours'
E-commerce home goods retailer Wayfair said it will cut jobs and expects its restructuring plan, which started in August 2022, to save more than $280 million.