market conditions

Report: January Job Cuts Were Highest Since 2020

Report: January Job Cuts Were Highest Since 2020
Report: January Job Cuts Were Highest Since 2020
February 02, 2023  |  Personnel

The wave of layoffs announced by employers last month was the highest since 2020. U.S. based companies cut 102,943 jobs in January, a 136% increase...

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Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
February 01, 2023  |  Fintech Investments

If Sezzle CEO Charlie Youakim had to write a book about the FinTech bubble that burst in 2022, he’d call it “Crazy Money.” That nugget...

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The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 
The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 
January 31, 2023  |  Economy

Consumer confidence dipped in January after rising in December, according to The Conference Board. The not-for-profit think tank said in a Tuesday (Jan. 31) press...

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One-Click Checkout Startup Bolt Laying Off 10% of Workforce
One-Click Checkout Startup Bolt Laying Off 10% of Workforce
January 24, 2023  |  Personnel

Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). The Information reported Tuesday that with the layoffs of these 50 employees, the...

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Inflation Puts Pressure on Ghost Kitchen Model
Inflation Puts Pressure on Ghost Kitchen Model
January 23, 2023  |  ResTech

After years of explosive growth, ghost kitchens face a reckoning as consumers seek cheaper alternatives. Throughout the pandemic, the delivery-only virtual brand model proliferated, and...

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Robinhood Debuts Sherwood Media to Cover Finance News
Robinhood Debuts Sherwood Media to Cover Finance News
January 17, 2023  |  Economy

Trading platform Robinhood is getting deeper into the news business. The company, which has long offered the financial newsletter Snacks, said Tuesday (Jan. 17) it...

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Recession Number One Fear Among CEOs
Recession Number One Fear Among CEOs
January 15, 2023  |  Economy

CEOs are worried about a recession and expect 2023 to offer little economic growth. That’s according to a recent survey by the Conference Board, which...

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Hectic Earnings Week Could Bring Harbingers of Recession
Hectic Earnings Week Could Bring Harbingers of Recession
January 15, 2023  |  Economy

With more than 250 companies set to report earnings this week, analysts and economists are on high alert for anything that signals a recession. This,...

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