Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. Source link
Powell’s in Sweden. Rates Will Likely Go Higher Still Despite Companies’ Pain.
Investors looking at Federal Reserve Chairman Jerome Powell’s speech at a conference at Sweden’s Riksbank Tuesday will be tempted to carefully parse his words for any hint as to when the interest-rate increases will stop. There will probably be less nuance to his remarks than first appears. Powell will certainly utter a few on-the-one-hand, and […]