The Federal Reserve's conclusion that the job market is tight is supported by the most recent figures on unemployment claims. However, layoffs are getting worse, led by the crypto and tech industries.
Fears of a recession are intensifying, and the murmurs coming from Wall Street to the White House are becoming too strong to ignore. President Joe Biden recently said a recession is "not inevitable," though private equity firms and a good portion of Americans beg to differ.
Legendary competitive eater Joey Chestnut won the 2022 Nathan's Famous, Inc. (NASDAQ: NATH) Hot Dog Eating Contest for the 15th time, but this year's victory included a twist — of the neck.
After numerous days of conflicting reports leaving BlockFi investors and crypto watchers on edge, company CEO Zac Prince took to Twitter on Friday to announce that FTX signed a deal to bail out the embattled crypto firm.
Don't expect clinical psychologist Jordan Peterson, known for broadcasting his lectures to a large audience via YouTube, to express regret for a comment he made on the micro-blogging platform Twitter Inc. (NYSE: TWTR).
The recent unemployment claims numbers confirm the Federal Reserve's assertion that the labor market is tight. However, layoffs are intensifying, particularly in the tech and cryptocurrency sectors.
Logan Paul, a popular YouTuber and professional boxer has officially signed a multi-year contract with the World Wrestling Entertainment, Inc. (NYSE: WWE) organization. As part of the agreement, Paul will attend several high-profile events for the remainder of 2022 and 2023.