Stocks opened higher Thursday boosted by higher-than-expected earnings from Salesforce and as Wall Street looks to extend a late-summer winning streak.
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Wall Street Rises as Fed Rate Move Nears, Earnings Ramp Up
Stocks closed higher on Wall Street as investors grow more convinced the Federal Reserve will keep downshifting the size of its rate hikes and as several major companies prepare to report their latest results.
Market Minute: Spotify Announces Layoffs, Feds Seize Millions from FTX Founder & Egg Smuggling
Here is a rundown of Cheddar News' top market stories of the day.
Survey: Fewer U.S. Businesses Expect a Recession in 2023
The number of businesses that see a 50 percent chance or higher of a recession in 2022 has fallen from around two-thirds of respondents in October to just over half this month, according to survey.
Cheddar Morning News Briefings of January 23rd
Cheddar Morning News Briefings
Being Prepared For a Layoff In an Uncertain Job Market
With inflationary woes and fears of recession sweeping the U.S., January has racked up the second most job cuts since the start of the pandemic. While losing a job can be daunting, there are steps employees can take to prepare for an uncertain future in their current positions.
Steps to Take if You're Laid Off
Julie Bauke, president and chief career strategist of The Bauke Group, joined Cheddar News to discuss what workers should do if they're laid off.
The Week's Top Stories: Tech Layoffs, Netflix Subs, and Wayfair Pops
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Elon Musk Takes Stand in Trial Over 2018 Tesla Tweet
Elon Musk has taken the stand Friday in a shareholder trial in California centering on a 2018 tweet that the billionaire sent about taking Tesla private and the funding secured to do so.
Google Parent Alphabet Lays Off 12,000 as Profit Comes in Shy of Estimates
Google parent Alphabet reported quarterly results just shy of Wall Street estimates as the tech giant announced layoffs of about 12,000 workers. Cheddar News breaks down the latest numbers.
