Analysts Discusses Week's Market Losses Amid Banking Concerns, Inflation

Wall Street saw another day of losses in the market amid continued concerns over the banking sector and as investors digest the latest inflation data. Francis Oh, Asia-Pacific CEO of Qraft Technologies, joined Cheddar News to break down what can be expected with the Federal Reserve's move on interest rates and what to look out for with A.I. stocks, which are seeing big gains.

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Campbell’s IT chief on leave after lawsuit claims he said company’s food is for ‘poor people’

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With Wicked concluded, should we leave two part movies behind?

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HBO’s Corporate Conspiracy Comedy: Lake Bell Reveals the Genius Behind ‘The Chair Company'

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Layoffs are piling up, raising worker anxiety

It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.

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