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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Microsoft Laying Off 10,000 Employees
Microsoft is laying off 10,000 employees, becoming the latest tech giant to cut its workforce.
UPS Releases Jobs and Opportunity Report
Darren Jones, President, UPS Central Plains, joins Cheddar News to discuss UPS's first-ever jobs and opportunity report while offering advice to job-seekers amid widespread layoffs and economic uncertainty.
Where Can First-Timers Buy a Home This Year?
Clare Trapasso, the executive news editor at Realtor.com, joined Cheddar News to discuss the current housing market for first-time homebuyers.
Alarm Sounds as US Could Hit Debt Ceiling on Thursday
Treasury Secretary Janet Yellen warned that the U.S. will reach its $31.4 trillion borrowing cap on Thursday.
UN Head Says 'Big Oil Peddled the Big Lie' on Climate Change
UN Secretary-General António Guterres on Wednesday called out ExxonMobil for withholding highly accurate predictions about the impact of climate change.
Afternoon Alexa Flash Briefings of January 18th
Alexa Flash Briefings
U.S. Mortgage Rates Hit 4-Month Low
U.S. Mortgage Rates Hit 4-Month Low
Job Cuts in Tech Sector Continue, Microsoft Lays Off 10,000
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”
Wall Street Has Biggest Pullback of the Year, Led by Tech
Wall Street had its biggest pullback of the year as a January market rally sputtered.
