I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
The Hill’s Morning Report — Speaker drama intensifies heading into day three Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy….
“Amazon cutting 17,000 jobs — 7,000 more than planned: report” Amazon is planning to lay off more than 17,000 workers, 7,000 more than initially expected, the Wall Street Journal reported on Wednesday. The e-commerce giant, helmed by CEO Andy Jassy, in November began laying off staff in its devices division, with the source telling Reuters at the time…
“Fed officials agreed on smaller December rate hike: minutes” All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the central bank should slow the pace of its aggressive interest rate increases, allowing them to continue increasing the cost of credit to control inflation but in a gradual way meant to limit the risks to…
“‘Contrarian’ hedge fund betting on economic slump scores 163% return: ‘Everything is going down’” An upstart hedge fund achieved a whopping 163% return last year by betting Fed rate hikes would cause economic chaos, according to a report Wednesday. Investment manager Neal Berger’s Contrarian Macro Fund, which controls about $200 million in assets, placed bearish…
“GM reclaims US auto sales title for 2022 from Toyota” General Motors on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota Motor, helped by an easing of inventory shortages and strong demand for its cars and trucks. GM, which lost the spot as the top US automaker at the end…
“Job openings stayed high in November in blow to Fed” US job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool hiring and wage gains. There were 10.46 million job vacancies on the last day of November, down slightly from a…
“Salesforce slashing 10% of workforce in latest tech layoffs” Salesforce plans to cut its workforce by 10% and close some offices, saying it needs to cut costs after rapid pandemic hiring left it with “too many people” amid an economic slowdown, sending its shares up 5%. The cloud-based software company said on Wednesday it expects between…
“‘Big Short’ investor Michael Burry warns ‘another inflation spike’ is coming” Hedge fund wizard Michael Burry kicked off the new year with another dire prediction about the US economy, warning this week that a recession is already underway and another spike in inflation is likely in the near future. Burry, the CEO of Scion Asset…
“What a horrible time for NY to be raising its minimum wage” With the start of the new year, the mandatory minimum wage for upstate workers is leaping up by a dollar, to $14.20/hour. With inflation soaring, New York’s labor market trailing and a recession feared on the horizon, it’s hard to think of a…
” Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession “ The United States economy could be in for an upset. Data from a Wall Street Journal survey revealed financial experts expect the country to face an economic downturn this year. Over two-thirds of economists at 23 major financial institutions that do…