Shutdown furloughs will permanently cost the economy at least $7 billion, CBO says
Forcing a large swath of the federal workforce not to work for going on a full month is having significant and lasting impacts on the economy, »
Jeffrey Gundlach on the Fed’s Foggy Path and Market Repercussions
Tens of thousands of layoffs are being blamed on AI. What are companies actually getting?
Some of the largest companies in America have begun capping or reducing their head counts, blaming the promise of productivity with artificial intelligence for their decisions. »
Chipotle struggles as low-income, young consumers pull back
Chipotle eked out positive same-store sales in the third quarter — at 0.3% — following back-to-back (and rare) negative quarters, but transactions remained negative at the fast-casual »