Economy

  • Amazon to Lay Off Over 18,000 Employees

    Even Amazon isn’t immune to the worsening economy. As the global economy remains in the grips of inflation and potential recession, even the largest, most powerful companies have been forced to cut back and...
  • November Job Growth Beats Expectations

    Despite ongoing concerns, the US job market is moving in the right direction. The United States economy is still in a less-than-stellar spot, with ongoing supply chain concerns and the continuing Russian invasion of...
  • Phil Spencer Discusses Economic Resiliency of Game Industry

    Spencer revealed that Xbox consoles are sold at a loss. Last week, Phil Spencer, head of Microsoft’s Xbox division, spoke at the Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, California about...
  • Heatwave Impacts Chinese Economy

    Factories and agriculture have been impacted by the heat. Many of China’s provinces are currently in the midst of a record-breaking heatwave that shows no sign of calming any time soon. As expected, the...
  • Home Depot Business Remains Strong Despite Economic Turmoil

    Home Depot still maintains a healthy customer base despite economic concerns. Ongoing concerns of inflation have done a number on numerous businesses throughout the United States, both corporate and retail. Customers have been more...
  • US Fires Back at Russian Criticism

    The government dismissed Putin’s criticisms as desperate posturing. On Wednesday, at a meeting of the Eastern Economic Forum in Vladivostok, Russian President Vladimir Putin gave a speech decrying the actions of the United States....
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