5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day. Source link
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Labor economy
Paramount CEO announces layoffs as cost pressures, take-private talks build
Paramount Global announced layoffs, as the company tries to cut costs while it faces acquisition interest. Source link
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China youth unemployment will stay elevated in 2024, but EIU warns economic impact will linger
Official data showed unemployment rate among those aged 16 to 24 in the world's second-largest economy was 14.9% in December,
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United Auto Workers union endorses President Joe Biden for reelection over Trump
UAW President Shawn Fain said in May the union would withhold a reelection endorsement for Biden until the UAW's concerns
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Amazon’s latest layoffs hit its Buy with Prime unit
Since the new year began, Amazon has laid off employees in its Prime Video, MGM Studios, Twitch and Audible divisions.
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Israel’s ban on Palestinian workers is causing supply shocks to its economy: Central bank governor
More than 150,000 Palestinian workers from the occupied West Bank entered Israel daily for work in a range of sectors
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After big tech layoffs, Silicon Valley may have lost its monopoly on workers
Technology workers are trading the prospect of high-growth equity and household-name employment for more predictable compensation and stability. Source link
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The 5 levels of financial freedom, according to married money coaches, who say they’ve reached level 3
Financial coaches Jessica and Corey Fick say they've hit the "Coast" level of financial independence — they don't have to
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The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty
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