How You Could Be Impacted If a Debt Ceiling Agreement Isn’t Reached
The U.S. is days away from not being able to pay its bills. Ever since the U.S. hit the debt ceiling (aka, the total amount of federal debt allowed to…
Here’s How Much Money You Should Have in Your Emergency Fund in 2023
Photo: shurkin_son (Shutterstock) Given the state of inflation, uncertainty in the labor market, and the looming specter of a recession, many of us are currently focusing on our day-to-day finances,…
Chief Executives, Economists Brace For Recession As Davos Begins
Business leaders’ confidence in their own firm’s growth prospects dropped the most since the 2008 crisis.The World Economic Forum’s annual meeting began in Davos with corporate executives and economists warning…
Economic Slowdown Will Force Workers Into Poorly Paid Jobs, Says UN
Global unemployment is projected to reach 208 million people this year. (File)Geneva: A global economic slowdown will force more workers into accepting lower quality, poorly paid jobs in 2023, while…
Amazon’s Massive Layoff Signal Growing Fears Of Recession
Job cuts in 2022 surged 649% from 2021. (Representational)The massive job cuts by Amazon.com Inc, one of the biggest private employers in the United States, show the wave of layoff…
Recession Will Hit A Third Of The World In 2023, Warns IMF Chief Kristalina Georgieva
In October last year, the IMF trimmed its growth forecast for 2023. (File)Washington: A third of the global economy will be in recession this year, the IMF (International Monetary Fund)…
Economic Slowdown In These 3 Countries Will Impact The World In 2023: IMF
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all…
World Economy Is Headed For A Recession In 2023, Says Researcher
The findings are more pessimistic than the latest forecast from the International Monetary Fund.The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number…
Watch: Washington Post Makes Massive Job Cuts, Infuriating Employees
The CEO announced layoffs and refused to answer staff questions.In a meeting with employees on Wednesday, The Washington Post’s publisher, Fred Ryan, stated that the media company would eliminate some…
On Tik Tok, Ex-Twitter, Meta Employees Share Layoff Experiences
Thousands have been laid off from Twitter and Meta (File)Washington: Former employees from companies including Meta Platforms Inc. and Twitter Inc. are taking to TikTok to give an unfiltered look…