Shana Sissel, president & CEO of Banrion Capital Management, joined Cheddar News to discuss another down day on the last session of the month in trading as inflation, a restricted monetary policy, and layoffs continue to affect markets.
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Target on the Defensive After Removing LGBTQ+-Themed Products
Target once distinguished itself as being boldly supportive of the LGBTQ+ community. Now that status is tarnished after it removed some LGBTQ+-themed products and relocated Pride Month displays to the back of stores in certain Southern locations in response to online complaints and in-store confrontations that it says threatened employees’ well-being.
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With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation's debt limit.
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Afternoon Alexa Flash Briefings of May 25th
Afternoon Alexa Flash Briefings
Meta Slashes Jobs Across Business and Operation Units in Third Round of Layoffs
Facebook owner Meta on Wednesday cut positions across its business and operations teams in the final round of layoffs that were first announced in March.
FTC Launches Investigation Into Baby Formula Shortage
The Federal Trade Commission (FTC) has launched an investigation into the ongoing shortages of baby formula.
US Economic Growth for Last Quarter Is Revised Up to a Still-Tepid 1.3% Annual Rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate.
Cheddar Morning News Briefings of May 25th
Cheddar Morning News Briefings
