Microsoft, other tech companies raise layoffs, unhurried hiring

Microsoft, other tech companies raise layoffs, unhurried hiring

Know-how companies cling an increasing number of laid off workers in recent months. CBS Recordsdata tech reporter Dan Patterson dives into the pattern of more layoffs and slower hiring. #recordsdata…

Wall Avenue Week 05/10/2024

Wall Avenue Week 05/10/2024

On this special model of Wall Avenue Week from the Milken Institute Global Conference in Beverly Hills, Marc Rowan, Apollo Global Management CEO says that trustees at universities and schools…

Fed chair says ardour fee hike unlikely

Fed chair says ardour fee hike unlikely

The Federal Reserve launched Wednesday it’s leaving ardour rates unchanged. Rates are the highest they’ve been in extra than twenty years. CBS News senior industry and technology correspondent Jo Ling…

The Fed Decides: Chair Powell Speaks After Leaving Rates Unchanged

The Fed Decides: Chair Powell Speaks After Leaving Rates Unchanged

Fed Officers unanimously determined to switch away the aim fluctuate for the benchmark federal funds charge at 5.25% to 5.5% — where it’s been since July — following a slew of files that pointed…

Wall Boulevard Week 04/12/2024

Wall Boulevard Week 04/12/2024

On this edition of Wall Boulevard Week, ragged World Monetary institution President Robert Zoellick cautions against nostalgic toughen for manufacturing jobs in a changing economic system, ragged Monetary institution of…

Summers Says Fed Need to level-headed No longer Reduce Rates Correct Now

Summers Says Fed Need to level-headed No longer Reduce Rates Correct Now

Traditional Treasury Secretary Lawrence Summers says he wasn’t greatly surprised to mediate about that US inflation rose in March, but the Federal Reserve may possibly possibly presumably also level-headed no longer be…

Stock Market Bull Flee Is now no longer Over, Wharton’s Siegel Says

Stock Market Bull Flee Is now no longer Over, Wharton’s Siegel Says

Jeremy Siegel, finance professor emeritus at College of Pennsylvania Wharton College, says the strength within the US economy will lead to firm rates however the bull bolt within the stock…

China Begins Witnessing Bull Markets in Some Sectors

China Begins Witnessing Bull Markets in Some Sectors

A bull market has begun in a option of sectors in China. This implies that traders are seeing an upside to contemporary valuations amid the government’s efforts to bolster the…

China Congress: Goldman, BofA Strategists on Financial system, Policies, Stocks

China Congress: Goldman, BofA Strategists on Financial system, Policies, Stocks

Kinger Lau, chief China equity strategist at Goldman Sachs, and Winnie Wu, chief China strategist at BofA Securities, talk about possibilities for the realm’s second-very most absorbing financial system, the…

Apollo’s Slok: Financial system No longer Slowing Down, Fed Received’t Lower Rates

Apollo’s Slok: Financial system No longer Slowing Down, Fed Received’t Lower Rates

Torsten Slok, Apollo Global Management accomplice and chief economist, says the industrial tailwinds proceed to be strong and the Federal Reserve will cessation better for longer on Bloomberg Tv. For…