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The S&P 500 fell 1.7% on Thursday. The Dow dropped 1.7%.
The S&P 500 fell 1.7% on Thursday. The Dow dropped 1.7%.
 
Meteorologist finds 96 percent of NOAA temperature stations located in ‘urban heat islands,’ including next to exhaust fans and on ‘blistering-hot rooftops.’
Meteorologist finds 96 percent of NOAA temperature stations located in ‘urban heat islands,’ including next to exhaust fans and on ‘blistering-hot rooftops.’
 
On Tuesday, Moody’s reduced the credit ratings of ten regional American banks while threatening to downgrade many other bigger banks.
On Tuesday, Moody’s reduced the credit ratings of ten regional American banks while threatening to downgrade many other bigger banks.
 
Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
 
Will North Carolina be impacted by the layoffs? What this means for the 2023 economic outlook
Will North Carolina be impacted by the layoffs? What this means for the 2023 economic outlook
 
Economic shocks continues, as the Fed raises interest rates for the seventh time this year
Economic shocks continues, as the Fed raises interest rates for the seventh time this year
 
A number of entertainment conglomerates and media companies are announcing layoffs as the macroeconomy continues to impact several industries.
A number of entertainment conglomerates and media companies are announcing layoffs as the macroeconomy continues to impact several industries.
 
Meta CEO Mark Zuckerberg dismissed 13% of his company’s workforce on Wednesday as revenues lag and costs increase.
Meta CEO Mark Zuckerberg dismissed 13% of his company’s workforce on Wednesday as revenues lag and costs increase.
 
Shares of Meta plunged nearly 24% on Thursday as the social media company severely missed quarterly earnings expectations amid criticism of bloated payrolls and distracted spending.
Shares of Meta plunged nearly 24% on Thursday as the social media company severely missed quarterly earnings expectations amid criticism of bloated payrolls and distracted spending.
 
Florida Governor Ron DeSantis is in no rush to reverse the state’s plan to end the special tax and regulatory treatment Disney has enjoyed for decades, with his office shooting down a report of a pending ‘U-Turn.’
Florida Governor Ron DeSantis is in no rush to reverse the state’s plan to end the special tax and regulatory treatment Disney has enjoyed for decades, with his office shooting down a report of a pending ‘U-Turn.’
 
A number of entertainment conglomerates and media companies are announcing layoffs as the macroeconomy continues to impact several industries.
A number of entertainment conglomerates and media companies are announcing layoffs as the macroeconomy continues to impact several industries.
 
A video of a young Meta employee enjoying company perks and not appearing to do much work has gone viral and drawn online mockery just as company founder Mark Zuckerberg faces pressure from investors to cut headcount.
A video of a young Meta employee enjoying company perks and not appearing to do much work has gone viral and drawn online mockery just as company founder Mark Zuckerberg faces pressure from investors to cut headcount.
 
Altimeter Capital Management pressed Meta CEO Mark Zuckerburg to reform the company’s hiring practices and focus on core competencies in a Monday investor letter.
Altimeter Capital Management pressed Meta CEO Mark Zuckerburg to reform the company’s hiring practices and focus on core competencies in a Monday investor letter.
 
Amazon and FedEx plan on dismissing workers ahead of the holiday season, which is typically a busy time for companies involved in the sale and transportation of consumer goods.
Amazon and FedEx plan on dismissing workers ahead of the holiday season, which is typically a busy time for companies involved in the sale and transportation of consumer goods.
 
The unemployment rate reached 3.7% in the month of October as payrolls rose by 261,000, according to a Friday report from the Bureau of Labor Statistics.
The unemployment rate reached 3.7% in the month of October as payrolls rose by 261,000, according to a Friday report from the Bureau of Labor Statistics.
 
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
 
Atlanta Federal Reserve Bank President and CEO Raphael Bostic said Sunday that the country needs economic pain now to avoid even more pain later.
Atlanta Federal Reserve Bank President and CEO Raphael Bostic said Sunday that the country needs economic pain now to avoid even more pain later.
 
A clip of former President Donald Trump arguing that the election of President Joe Biden would lead to a plummeting stock market circulated online on Friday after Wall Street saw a bloodbath.
A clip of former President Donald Trump arguing that the election of President Joe Biden would lead to a plummeting stock market circulated online on Friday after Wall Street saw a bloodbath.
 
GDP growth slides another quarter, and investors are increasingly worried about the future of the economy
GDP growth slides another quarter, and investors are increasingly worried about the future of the economy
 
Share prices for PayPal dropped more than 5% on Monday morning after a report from The Daily Wire highlighted the firm’s attempt to fine users $2,500 for spreading “misinformation” through the platform.
Share prices for PayPal dropped more than 5% on Monday morning after a report from The Daily Wire highlighted the firm’s attempt to fine users $2,500 for spreading “misinformation” through the platform.
 
Entrepreneur Elon Musk suggested this week that he was potentially interested in working with an alternative platform to YouTube after the left-wing tech company reportedly censored actor Russell Brand this week.
Entrepreneur Elon Musk suggested this week that he was potentially interested in working with an alternative platform to YouTube after the left-wing tech company reportedly censored actor Russell Brand this week.
 
President Joe Biden faced backlash Tuesday afternoon for celebrating the passage of his so-called “Inflation Reduction Act,” which experts say will have little to no impact on reducing inflation, while the latest Consumer Price Index (CPI) showed today that inflation rose in August
President Joe Biden faced backlash Tuesday afternoon for celebrating the passage of his so-called “Inflation Reduction Act,” which experts say will have little to no impact on reducing inflation, while the latest Consumer Price Index (CPI) showed today that inflation rose in August
 
New information out Thursday from the federal government shows that the costs to make goods and provide services went up 11.3% in June.
New information out Thursday from the federal government shows that the costs to make goods and provide services went up 11.3% in June.
 
Inflation and stagnant market suggest the economy is barreling towards recession
 
The Dow Jones Industrial Average fell below 30,000 on Thursday for the first time since January 2021 amid dismal inflation news and an aggressive interest rate hike from the Federal Reserve.
The Dow Jones Industrial Average fell below 30,000 on Thursday for the first time since January 2021 amid dismal inflation news and an aggressive interest rate hike from the Federal Reserve.
 
The stock market saw a brutal series of selloffs last week.
The stock market saw a brutal series of selloffs last week.
 
Biden's plan calls for $,1,400 checks for Americans, but some GOP senators support $2,000 payments
 
Well, I'm thrilled to be online with heroic members of the United States Military.
 
Stock markets surged at opening Monday after Pfizer and BioNTech announced that a vaccine candidate has a more than 90% effectiveness rate preventing COVID-19.
Stock markets surged at opening Monday after Pfizer and BioNTech announced that a vaccine candidate has a more than 90% effectiveness rate preventing COVID-19.
 
Retail sales had an incredible rebound in May, according to economic experts, charging up 17.7% as stores and other businesses reopened following coronavirus-related lockdowns.
Retail sales had an incredible rebound in May, according to economic experts, charging up 17.7% as stores and other businesses reopened following coronavirus-related lockdowns.
 
Around 1.5 million people filed first-time unemployment claims last week amid signs that the economy is recovering from a nearly two-month coronavirus-related lockdown.
Around 1.5 million people filed first-time unemployment claims last week amid signs that the economy is recovering from a nearly two-month coronavirus-related lockdown.
 
Despite the coronavirus crisis that spurred lockdowns on business across the United States, April was the best month for the stock market since January 1987 and the best April since 1938.
Despite the coronavirus crisis that spurred lockdowns on business across the United States, April was the best month for the stock market since January 1987 and the best April since 1938.
 
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