Layoffs have sent waves of concern among workers, making many people wonder what they'd do if they lost their job. According to a recent Federal Reserve report, 24 percent of adults indicated they would have trouble paying monthly bills if they were laid off. So we thought we'd bring in a Wall Street veteran and financial expert for some tips on how to navigate losing your job. Vivian Tu, CEO and founder of Your Rich BFF, joined Cheddar News to break it down.
Stocks fell on Wall Street’s first trading day of 2023 after closing out its worst year since 2008. Investors will be closely watching moves by central banks in coming months to fight inflation with higher interest rates.
