U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll
It is becoming harder for Americans to raise funds in case of an emergency, according to a recent survey from the New York Federal Reserve. The »
IBM cuts thousands in Cloud Classic, other units: Report
IBM is cutting thousands of jobs across multiple locations in the U.S., and its Cloud Classic unit hit especially hard, reports The Register. The company »
Danielle DiMartino Booth of QI Research — Short term pain?
Buyers Strike Not Letting Up: Sales of Existing Homes Have Worst February since 2009, as Inventory Surges
Sales of existing homes – single-family houses, townhouses, condos, and co-ops – that closed in February fell by 5.2% from the abysmally low levels a year ago »
Morgan Stanley to cut 2,000 jobs as AI reshapes Wall Street
Morgan Stanley is preparing to cut approximately 2,000 jobs later this month, marking the firm’s largest round of layoffs since Ted Pick became CEO »