Jobs

Ryan Payne: 'Hot' job market 'not slowing down'

Kingsview Asset Management Partner Mario Veneroso and Payne Capital Management President Ryan Payne discuss the Federal Reserve's management of rate hikes, the labor market and provide their stock market outlooks.

Deutsche Bank shares sink: What to know

Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.

Indeed to lay off 15% of its staff

Texas-based Indeed is laying off 2,200 employees due to a decrease in job openings following a recent post-COVID boom. CEO Chris Hyams apologized in a Wednesday letter.

Accenture to cut 19,000 jobs globally

Accenture announced that it plans to lay off 19,000 employees as it works to streamline operations amid the uncertain economic environment. However, it's still hiring.

PacWest shares sink despite liquidity lift

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.